BY JOHN RUBINO Alasdair Macleod: The banking system is on the brink of collapse … Elon Musk: Tesla’s stock price is too high … Jim Rickards: We’ve reached peak inflation; why cash is critical … Glenn Greenwald: These are the real …
It would appear that Belarus is anticipating economic sanctions to be imposed upon it be the U.S. in the near term, as retribution for their part in the ongoing situation involving Ukraine. Denis Baryshkov, head of the Department of National …
Five Democratic senators have told the White House they won’t support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position. Why it matters: The defiant opposition from a …
Tennessee Republican Sen. Bill Hagerty has extensive experience in the area of banking, and he expressed his “shock” on Thursday that President Biden’s nominee for Comptroller of the Currency, Dr. Saule Omarova, is up for consideration of the job given her “radical” …
MAKE THEM PAY: Rittenhouse ‘Should Be Acquitted,’ Sue Media For ‘Deliberate And Willful Lies,’ Harvard Professor Says. Harvard Law professor emeritus Alan Dershowitz claimed that Kyle Rittenhouse should be acquitted in his murder trial this week, then sue media organizations for …
China is the engine for global economic growth. What happens if it slows down? … What Evergrande is telling us now is that the market is cresting. But as property developers began to incur extraordinary levels of debt, the state …
Lloyds, Halifax and Bank of Scotland customers struggled to access their accounts this morning following technical issues across all three banks. Complaints on social media show people were unable to use both mobile banking and apps. https://www.mirror.co.uk/money/breaking-lloyds-online-banking-down-25156983.amp Testing testing… Tess
Via International Man The toxic effects of the Fed’s relentless interest rate repression are many, but among the worst has been the absolute savaging of bank depositors. Interest rates on 12-month CDs (under $100,000) dropped below the inflation rate in …
by Jason Burack of Wall St For Main St Evergrande is just a microcosm of China’s real estate bubble and shadow banking problems. Chinese shadow banking refers to underground financial activity that takes place outside of traditional banking regulations and systems. China has …
by GoldCore British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this? Because each is …
👇 https://t.co/KfmWrvggZW — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) September 9, 2021 China’s #Evergrande: – $300 billion in liabilities – $7.4 billion in bonds due in 2022 – Bonds are now suspended – Already missed debt payments this year – Chairman …
by confoundedinterest17 As I have discussed before, US commercial banks have taken in more deposits than they lend out. The first big break was in 2009 during the financial crisis and the second break occurred in the Covid recession. After the …
I guess he was right… All Wars Are Bankers’ Wars by Michael Rivero h/t gebahie
by KosmosHD In September 2008, the US investment bank Lehman Brothers filed for bankruptcy. This event was the first time in decades that a major US bank had collapsed. In the UK, major retail banks had to be bailed out …
Whistleblower Catherine Austin Fitts Reveals Central Bankers Plan! Bankers agreed during FED meeting in Jackson Hole, Wyoming to take down the economy with earth shattering implications for millions! – Coming takedown of the USA – Trillions taken from DoD – …
by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: Having just gotten from the Bank of England an exemption from the “Basel 3” protocol that threatened to make the “paper gold” business prohibitively expensive for bullion banks, …
by Martin Armstrong It has begun. Wells Fargo has told all its customers that it is shuttering down ALL personal lines of credit. The bank has made it clear that it is shutting down ALL existing personal lines of credit and it …
by confoundedinterest17 With The Federal Reserve’s prodigious asset purchases and rate suppression (not to mention Biden’s record spending), inflation is a concern. But now there is another problem on the horizon … deflation. If we look at commercial and industrial lending …
by confoundedinterest17 The infamous financial crisis in the late 2000s caused a fundamental shift in the role of The Federal Reserve and Federal government. The cause of the financial crisis? One of the root causes was loans to subprime households coupled …
by sand_puppy 2 days ago VTGothic recommended and linked this excellent video talking about the governmental financial surveillance of citizens. One point was that the banks were put in the position of being the enforcers of government policy. SARs (suspicious activity report) to …
By Matthew Piepenburg When it comes to the topic of banking risk, well…one can only lean back in a chair, sigh and say: “Where to begin?” A Rich and Deep History of the Absurd Banks, and hence banking risk, come in …
Egon von Greyerz with Patrick V. on Silver Bullion TV SBTV spoke with Egon von Greyerz, Founder of Matterhorn Asset Management, about the coming mayhem from the destruction of fiat currencies against gold. The oversized global banking system will collapse, be careful what you …
by Afrabuck So my wife and I have a vacation account with a large multi state bank. We only use it to hold our vacation fund and have purposely decided to separate it from our savings and checking bank. We …
Josh Sigurdson talks with author and economic analyst John Sneisen about the inevitable collapse of the banking system as they continue to get more and more desperate to prop up their pyramid while scandals are revealed on a regular basis. …
https://www.youtube.com/watch?v=zkdrDRH4fM0 James O’Keefe of Project Veritas joins Stefan Molyneux of Freedomain to discuss the growing attacks and censorship against voices who criticize leftist collectivism. Get “American Pravda” https://amzn.to/2IthN1h
by Playaguy Here is the money bit. ASHINGTON – The International Monetary Fund on Monday approved a $4.2-billion, three-year loan for Ecuador, part of a broader aid package to help support the government’s economic reform program. The Washington-based lender agreed …
via CNBC: Nonbank lenders, often called “shadow banks,” now have $52 trillion in assets, a 75% increase since the financial crisis ended. The industry was at the center of the financial crisis when the subprime mortgage market collapsed. Industry …
by RoboTicks Checking accounts are over-used. You should keep most of your money in a high-yield savings account and use credit cards for all of your purchases. The credit cards should AutoPay from your savings account. Checking accounts should …
