Trump's Global Tariffs Send Stock Markets Crashing Around The World

Saturday, the banks are mostly open. I strongly recommend you go in and get SOME cash. Not to pay Bills, but to SURVIVE for a month or two. Enough money so you can pay cash to buy food, buy gasoline for the car and such. If you don't have Emergency food, water, sanitation and medical supplies you need to live on, GET IT ON SATURDAY because when Monday arrives, this Stock Market sell-off could turn disastrous!

I just got the word: Margin Calls began this morning. Hedge funds have been hit with the biggest margin calls since Covid shut down huge parts of the global economy in 2020, after Donald Trump’s tariffs triggered a powerful rout in global financial markets.

Wall Street banks have asked their hedge fund clients to pony-up more money as security for their loans because the value of their holdings had fallen as stock values dropped, according to three people familiar with the matter. Several big banks issued the largest margin calls to their clients since the beginning of the pandemic in early 2020. I am told these Margin Calls are "much larger than during the 2008 Great Financial Crisis."

The margin calls underscore the intense turbulence in global markets on Thursday and Friday as Trump’s tariffs announcement was followed by retaliatory duties by China, and other countries readied their own responses. Wall Street’s S&P 500 share index was set to post its worst week since 2020, while oil and riskier corporate bonds have sold off heavily.

The real danger of the stock market dropping like it is, is that as stock values drop, the Banks will make Margin Calls to those borrowers telling them they need to pony-up more money to collateralize their loans. Some who borrowed will be able to pay, others will not. When they cannot pay, the Bank "calls-in the loan" and the Borrower is in Default.

As more and more defaults happen, more stock values plunge, triggering more stock selling which only makes the whole thing worse. It feeds on itself!

This immediately triggers the "Credit Default Swaps." Banks went to Insurance companies and bought protection if the Borrowers Default. That protection is Credit Default Swaps: If the loan defaults, the Insurance company pays the Swap.

But as this stock slide continues, more and more loans will default and some Insurance companies may NOT be able to pay-off on those Credit Default Swaps. The Insurance companies go under.

When they go under, all the OTHER banks that they insured must then book losses ON THE SAME DAY… and the Banks go under.

This is very much like what happened to cause the Great Financial Crisis of 2008.

https://halturnerradioshow.com/index.php/news-selections/world-news/extremely-urgent-just-got-the-word-margin-calls-began-this-morning

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>>22870545

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Get to the bank this morning and get yourself SOME cash money. Not for paying bills; but to survive. Money to pay for food, medicine, and fuel. Bank shares tanked across the globe on Friday as fears of a recession swept through markets in the wake of U.S. President Donald Trump announcing the highest tariff walls in a century. Japan Banks are hit hard.

Stock Markets here in the United States have finished trading for the week. The Dow plunged Two-Thousand Four-Hundred Forty-eight (2,448.) points or SIX PERCENT today.

Mitsubishi UFJ Financial Group, (MUFG, 8306.T) fell 8.5% on Friday for a weekly loss of 20%

Mizuho Financial Group (MFG, 8411.T) fell 11% on Friday and more than 22% for the week

Sumitomo Mitsui Financial Group (SMFG, 8316.T) slid 8% on the day and more than 20% for the week

European banking stocks had tanked 10% by 1100 GMT and the financials sector was the biggest faller in the STOXX Europe 600.

European Stock Markets are finishing-up their trading week. Today has not been a good day over there: Paris -3.8% Frankfurt -3.3% London -3.7% Rome -7.79

In Asia, Japanese megabanks ended the week with the biggest losses since the financial crisis of 2008 in one of the markets' most unsettling signals so far about the consequences of Trump's trade war.

US banks also extended declines in premarket trade, after crumbling to their lowest in months on Thursday. JPMorgan Chase fell 4%. Wall Street powerhouses Goldman Sachs and Morgan Stanley fell 3% and 4%, respectively.

https://halturnerradioshow.com/index.php/news-selections/national-news/down-plunges-2-448-points-6-00

https://halturnerradioshow.com/index.php/news-selections/world-news/worrisome-japan-bank-stocks-plummeting

https://halturnerradioshow.com/index.php/news-selections/world-news/mid-day-update-paris-frankfurt-london-and-rome-stock-markets-all-down-again

>>22870547

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Some results from those Tariffs are already yielding positive aspects: VIETNAM WANTS TO CUT THEIR TARIFFS TO ZERO. THAILAND WANTS TO NEGOTIATE.

President Trump this morning reports “Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their tariffs down to ZERO if they are able to make an agreement with the US. I thanked him on behalf of our country and said I look forward to a meeting in the near future.”

Thailand wants to negotiate with the US on 36% Imposed Tariff, according to their Prime Minister.

President Donald Trump had “a very good dialogue” with Britain’s Prime Minister, who was “very happy” that his country wasn’t on the US list of punishment tariffs.

Next: everyone else.

https://halturnerradioshow.com/index.php/news-selections/world-news/mid-day-update-paris-frankfurt-london-and-rome-stock-markets-all-down-again

>>22870563

Hope it won't have to come to that anon, but yes be prepared to defend your property and assets, it's only fair to own and protect what you have worked hard for.

>>22870575

Actually, true. Main street economy is not the stock market, two completely separate economies really. Although, what happens when the banks go under? As in…. YOUR LOCAL BANK? Then this can start to have consequences everywhere.

>>22870593

Trump better have a plan to address compensation for Americans that have been deeply hurt, because if all the banks go under there will be "bail-ins" and the political, social and economic ramifications of something that disastrous will lead to rule by the gun. If they think Americans are going to simply sit back and allow everything be taken away from them including their homes and savings and just accept being impoverished they are deeply naive. There will be a lot of armed resistance and backlash and it would become total anarchy across the nation. The American people will need to be bailed out.

>>22869186

>>22870622

>Tariff This! Perdue: China's Economy "Will Collapse" if America Stops Buying Their Products

China will simply go to India and Russia among other disgruntled rivals to sell their goods, also they will likely build-up their own consumer markets in China too. Protectionism can work both ways you know.

>>22870628

I have a whole-house propane generator, has helped me a lot during harsh storms/blackouts, definitely recommend. Keeps my refrigerator, box freezers, well water pump and water heater all powered during grid-down. Do have to fill the huge tank up every year during summer, re-fill costs around $300 but well worth the peace of mind.

>>22870651

It will hurt them as much as average US consumers. Good for American workers, but bad for average US consumers. China will take a hit, but they'll recover from it like we will, they have other trade partners that are not going anywhere.

>>22870669

We have a separate fuse box that can switch from "online" (basic power grid) or "manual" (the propane generator) and only the basic utilities are repurposed for the "manual" switch.

American Platforms To No Longer Service Brits and Europeans Due To Their Despotic Governments

Online forums based in the United States that rely on First Amendment protections are getting caught up in internet regulations in the UK and Europe, where they now risk being blocked under recent legislation.

Hailed by the British government as the world’s first online "safety" law, the Online Safety Act (OSA) requires online platforms to implement measures to "protect" (censor) people with far-reaching implications for internet services.

Gab, an American social media network, positions itself as a champion of free speech. Gab CEO Andrew Torba said in a March 26 social media post that the UK government has demanded that it submit to “their new censorship regime under the UK Online Safety Act.”

Gab — which has no legal presence in the UK — was informed in a letter from UK regulator Ofcom on March 16 that it falls specifically within the scope of the law and must comply. Gab has refused to comply with the OSA. “We will not comply. We will not pay one cent,” Torba said. Gab’s lawyers said that their client is a US company with no presence outside of the United States. “The most fundamental of America’s laws — the First Amendment to our Constitution — ensures Gab’s right to provide a service that allows anyone, anywhere, to receive and impart political opinions of any kind, free from state interference, on its US-based servers,” they said in a statement last month. Gab also refused to comply with legislation in other countries.

Web forum Kiwifarms said it also received a letter from Ofcom. The platform is now blocking users in the UK because of the legislation. “You are accessing this website from the United Kingdom. This is not a good idea. The letter states the UK asserts authority over any website that has a ’significant number of United Kingdom users’. This ambiguous metric could include any site on the Internet and specifically takes aim at the people using a website instead of the website itself.”

In November 2022, Rumble CEO Chris Pavlovski turned “off France entirely” after the company refused to comply with the country’s demand for the removal of Russian state-media accounts.

The law has already affected dozens of smaller UK websites, from forums for cyclists, hobbyists, and hamster owners, to those supporting divorced fathers. The regulatory pressure and the many rules have caused many of them to shut down, despite some operating for decades.

US lawyer Preston Byrne said he believes that enforcement of the law could set it on a political collision course with the United States. “London should brace for significant political blowback” he told The Epoch Times by email.

Tidmarsh mulled that the UK could also face threats of tariffs. This year, US President Donald Trump issued a memorandum seeking to protect American companies and innovators from what he called “overseas extortion.” The chairman of the US Federal Communications Commission (FCC), Brendan Carr, appointed to the FCC helm by Trump in January, said that DSA’s approach was “something that is incompatible with both our free speech tradition in America and the commitments that these technology companies have made to a diversity of opinions.”

https://www.zerohedge.com/political/new-uk-internet-policing-law-targets-us-online-forums