If you look at Deutsche Bank’s balance sheet things look pretty similar to Credit Suisse before failure

by

by Pengufen Deutsche Bank balance sheet: https://investor-relations.db.com/files/documents/annual-reports/2023/Annual-Financial-Statements-of-Deutsche-Bank-AG-2022.pdf Credit Suisse balance sheet: https://www.credit-suisse.com/about-us/en/reports-research/annual-reports.html (2022 Consolidated financial statement) Most of their assets are illiquid and their reserve and cash on hand balance has shrunk by about 50% from a year ago. The same thing happened to credit suisse. They have about 69 billion euros on reserve and this month have to … Read more

Say hello to Humza Yousaf, Scotland’s new leader.

by

Humza Yousaf announced as new Scottish National Party leader replacing Nicola Sturgeon https://news.sky.com/story/humza-yousaf-announced-as-new-scottish-national-party-leader-replacing-nicola-sturgeon-12843363 Say hello to Humza Yousaf, Scotland’s new leader. pic.twitter.com/xkssDerMho — Ian Miles (@ianmiles) March 27, 2023 First London, now Scotland. Farewell Scotland, you’re finished now. h/t A Deplorable Neanderthal

Multiple Agencies are responding to a Runaway train carrying 180 cars heading 80mph with no one on it

by

🚨#BREAKING: Multiple Agencies are responding to a Runaway train carrying 180 cars heading 80mph with no one on it⁰⁰📌#Kelso | #California Currently, numerous law enforcement, Hazmat teams, and other agencies are responding to a Runaway train carrying 180 train cars heading… pic.twitter.com/J2vMtVTBqE — R A W S A L E R T S (@rawsalerts) March … Read more

Moody’s chief economist warns “things are going to start to break” across the financial system

by

by: Ethan Huff (Natural News) The problems that currently plague banks and the financial system at large will continue for at least another year to a year and a half, warned Moody’s Analytics Chief Economic Mark Zandi, adding that “things are going to start to wobble and break” in the coming days. Banks are so overleveraged … Read more

This is a woman. If you say otherwise you can be jailed! If you dont want to date her you’ll be harrassed!

by

Enjoy, men! Transgender woman, 54, who was convicted of rape in 1998 when she was a man is jailed for nine years for stabbing another trans woman, tying her to a chair with tights and stealing her cash Zara Jade slashed her victim in the arm and abdomen while she sat on her knee https://www.dailymail.co.uk/news/article-11907547/Transgender-woman-54-jailed-nine-years-stabbing-trans-woman.html … Read more

CFTC Sues Binance

by

by Chris Black FYI Binance is world’s biggest centralized exchange for crypto and they have a strict KYC policy. Exactly who is being hurt by crypto companies?? Who are they protecting with all these SEC actions? Oh wait… criminals hate competition. And that is exactly why our criminal government will never let cryptocurrencies compete with … Read more

A bank (First Citizens) that has been on a steady decline since October of 2022 buys the assets of a failed bank (Silicon Valley) and the stock price for the purchasing bank goes up $250 (43%). This story gets crazier by the minute.

by

by BuzzMonkey “It took Mr. Gruenberg’s agency roughly two weeks to find a buyer for parts of the bank, and FDIC agreed to give Raleigh, N.C.-based First Citizens a $16.5 billion discount on $72 billion in loans and a pledge to share any losses (or gains) on those loans in the future. The FDIC said … Read more

An Anti-Gun Lobbyist Just Hijacked Nashville Police’s Press Conference

by

Claims she was on “vacation”, and decided to show up when she heard about it. An anti-gun lobbyist just hijacked Nashville police's press conference on this morning's shooting at a private Christian school that left six dead. pic.twitter.com/cpfWU39mt2 — Greg Price (@greg_price11) March 27, 2023 Here she is again on CNN, The lady who hijacked … Read more

6 Key economic events this week (and why each is important):

by

by TonyLiberty Consumer Confidence data (Tuesday): A higher level of consumer confidence usually indicates that consumers are more willing to spend money, which can boost economic growth. Consumer Confidence data can be a great indicator of future spending habits. 2. Home sales data (Wednesday): The housing market is a crucial part of the economy, and home … Read more

Many Americans Likely in for Tax Refund Disappointment

by

A recent survey of taxpayers shows a large number of Americans anticipated a tax refund that is either the same size or larger than last year’s. The survey, released by tax-preparing software firm TaxAct this month, showed that only about 30 percent of Americans anticipated “receiving less of a refund on their 2022 returns” despite … Read more

Bear Stearns failed in March 2008. It wasn’t until September that Lehman Brothers and AIG failed, marking a full-blown crisis. This may feel like a train wreck in slow motion.

by

by dbc13543 Back in 2008 the first massive sign of distress appeared in mid-March with the fall of Bear Stearns. While many other dominoes fell in 2008 after the failure of Bear Stearns, there wasn’t a full-blown crash and crisis until mid-September when both Lehman Brothers and AIG failed in two days. The point being, … Read more

Dollar Demand Soars! Central Banks Reduce U.S. Debt Holdings at Fastest Pace in Nine Years

by

As the banking crisis spreads and global demand for dollars surges, central banks are rapidly reducing their holdings of U.S. debt to “cash out” and the use of the Federal Reserve’s overseas liquidity tools has surged. ​ Federal Reserve data showed that official foreign holdings of U.S. Treasuries fell by $76 billion to $2.86 trillion … Read more