by confoundedinterest17 Apparently, foreign Central Banks have lost faith in Biden and The Federal Reserve. Foreign Central Banks are selling US Treasuries. Other than The Fed, Japan and China are the two largest holders of US Treasuries. And they are bailing. Wake Biden …
Their bail out is like 10% of Switzerland’s entire GDP. This would be like the US bailing out one bank for $2.3 trillion. — PatriotDad_Defiant! (@SomeDadIKnow) March 22, 2023 Switzerland’s emergency rescue of Credit Suisse could cost each and every …
Now the banks are failing – Silicon Valley Bank went from passing its KPMG audit with flying colors and getting their debt rated “A” by Moody’s mere weeks ago, to the executives frantically paying themselves bonuses and selling their shares …
by GreatTraderOnizuka I want all of you to succeed in whatever investing you do. So take 5 minutes to digest this. Recently, banks like Signature and SVB were forced to liquidate their losing bond positions to pay back cash deposits. …
Sen. Tom Cotton (R-AR) said in a tweet Monday that the Biden administration refused to commit to not bailing out Chinese companies that invested in Silicon Valley Bank (SVB) with American taxpayer money. “It’s well known that SVB funneled American …
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 These are still book losses in HTM accounts, but if customers had withdrawn their …
We are now 75% of the way through Fall 2023 law school admissions season. The number of law school applicants reported by LSAC is down -3.0% compared to last year at this time: 123 of the 198 law schools are experiencing a …
The left is wilding out. You gotta hit them in their pockets! No reasoning with the left. h/t Haitian Born
(Bloomberg) — Everywhere you turn, the biggest players in the $23.7 trillion US Treasuries market are in retreat. From Japanese pensions and life insurers to foreign governments and US commercial banks, where once they were lining up to get their …
https://twitter.com/Timcast/status/1493657184500080649 As I turn to the next chapter of my own personal and professional story, I do so with profound thanks to the community leaders, colleagues and staff who have lived our shared commitment to service with courage and humility. …
Millions of people have lost their unemployment benefits. The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed out. …
An astonishingly sweeping, radical movement to level cities and states is underway, propping up the failures and pounding down those that have been successful. Most everything is being federalized. The role of cities and states as we have known them – as …
From Birch Gold Group Lawmakers are considering the possibility of earmarking billions of dollars to bail out some failing pension programs. The proposed bailout was outlined in The Hill: The proposal, a draft of which was obtained by the Post, would require the …