Bank Runs. The First Sign The Fed “Broke Something”

Authored by Lance Roberts via RealInvestmentAdvice.com, With the collapse of Silicon Valley Bank, questions of potential “bank runs” spread among regional banks. “Bank runs” are problematic in today’s financial system due to fractional reserve banking. Under this system, only a fraction of a bank’s deposits must be available for withdrawal. In this system, banks only keep a specific amount of … Read more

Toilet Paper DOOM! Toxic ‘forever chemicals’ found in toilet paper around the world

All toilet paper from across the globe checked for toxic PFAS “forever chemicals” contained the compounds, and the waste flushed down toilets and sent to sewage treatment plants probably creates a significant source of water pollution, new research has found. Once in the wastewater plant, the chemicals can be packed in sewage sludge that is … Read more

Widowed Asian Texas Mother Of 3 Left Paralyzed For Life After Being Body Slammed In An ATM Robbery By Suspect Who Followed Her For 24 Miles!

  https://twitter.com/_/status/1635501251059171328 The victim is a single mother of three who lost her husband to liver cancer seven years ago. There's a special place in hell for the asshole who did this. 👇 Robbery suspect body slams Texas woman, leaving her paralyzed: videohttps://t.co/0M2PrS2CUj — Meara (@MillennialOther) March 13, 2023 https://twitter.com/_/status/1635587816368513026 AC

This chart reveals why Fed, US Treasury & FDIC now bailing out the whole US banking system….

This chart reveals why Fed, US Treasury & FDIC now bailing out the whole US banking system. US banks are sitting on bond losses of $600bn. These are still book losses in HTM accounts, but if customers had withdrawn their money & banks had to sell, there could have been contagion. pic.twitter.com/Fl1WLyNeSn — Holger Zschaepitz … Read more

Mission Accomplished – Regional banks see flight of deposits to Mega-banks

Investors are dumping regional-bank stocks despite a fresh federal backstop The unexpected demise of Signature Bank over the weekend, along with the failure of Silicon Valley Bank on Friday, ignited a shoot-first-ask-questions-later reaction among regional-bank investors as customers moved deposits to the largest U.S. banks for perceived safekeeping, observers said Monday. Stocks of regional banks … Read more

It’s Not Working! The Fed’s Emergency Rescue Plan Has Not Ended The Banking Panic!

by Michael The widespread panic that we just witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating.  Following the second largest bank collapse in U.S. history on Friday and the third largest bank collapse in U.S. history on Sunday, the Federal Reserve unveiled an unprecedented rescue plan that was supposed to … Read more

Dollar Plunges on News of a Lack of Rate Hikes

by Chris Black The inflation is here to stay, whether you raise the rates or not. The only reason you would raise rates to try to do something with inflation is if you were purposefully trying to collapse the economy.  It doesn’t make any sense otherwise. If the government is backing down on rate hikes, … Read more

The Big Tech Companies are Allowed to Simply Lie About “Not Being Able to Fill Positions” Using American Labor

by Chris Black The fact is that every single year, there are more domestic STEM graduates in the US than there open positions in those fields. There’s absolutely no legitimate reason why they couldn’t fill the positions. It’s just cheaper to hire foreigners than it is to hire actual Americans. Republicans allow them to get … Read more

“Get Woke, Go Broke” is a Cringe Talking Point

by Chris Black I am not a fan of the “Get Woke, Go Broke” talking point. This is more like “Get Woke, Get Incompetent.” Forget being broke.  Just wait until ideologues and POCs like this are in charge of critical infrastructure. You’re already seeing that happen with transportation systems. It’s going to get worse. Next … Read more