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 …

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Fire broke at US drone factory in Ukraine

Fire broke out at a US drone factory in Latvia that has built drones for Ukraine’s military and NATO allies pic.twitter.com/YSS7Y2ZYZf — Amichai Stein (@AmichaiStein1) February 7, 2023 https://twitter.com/_/status/1622991183327928325 BREAKING: Fire at Latvia factory of US drone supplier to Ukrainehttps://t.co/cQBWUgQcwW …

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We could get even more broke?

The #Fed has no good options left. It’s either tighten and risk systemic collapse, or ease and destroy the currency. Pick your poison. — Egon von Greyerz (@GoldSwitzerland) October 5, 2022 ATLANTA FED'S BOSTIC SAYS INFLATION FIGHT "STILL IN EARLY …

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