spiral

map of milky way

Earth’s dangerous journey through galaxy’s spiral could shape Earth’s geology

Earth’s journey through the galaxy may have had a profound impact on our planet’s geology. New research suggests that every 200 million years, Earth is bombarded by high-energy comets as it passes through the spiral arms of its galaxy, a bombardment that could thicken Earth’s continental crust. The team behind the new findings believe that …

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Bank of Canada's QT: Assets are down 24% from their peak.Bond's loss spiral, paid by Canadians

Bank of Canada’s QT: Assets are down 24% from their peak.Bond’s loss spiral, paid by Canadians

The Bank of Canada’s QT started earlier and is well ahead of the Fed’s QT. Written by Wolf Richter for WOLF STREET. The Bank of Canada’s balance sheet released on Friday showed total assets of C$439 billion, down 24% from a peak of C$575 billion in March 2021. By contrast, the Fed’s balance sheet peaked …

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