by Mac Slavo | May 4, 2023 | Headline News
The banking and financial crisis is far from over. Yesterday, the Federal Reserve hiked interest rates yet again to “fight” inflation, however, this could create a “domino effect” of regional bank failures. PacWest Bancorp is now considering a...
by Mac Slavo | Apr 6, 2023 | Headline News
Jobless claims have exploded while small businesses have filed for bankruptcy at an alarming pace. The economic indicators are not looking up as inflation spirals out of control and the banking crisis continues to unfold. After ugly Institue of Supply Management (ISM)...
by Contributing Author | Apr 4, 2023 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: The Banking Crisis Gets Worse! $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits If our banking system can’t find a way to turn things...
by Contributing Author | Mar 24, 2023 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. Last night, amid the Fed’s H.4.1 report, we noted an unprecedented surge in foreign official Repo ($60 billion) under the Fed’s new FIMA repo facility, which means that the offshore...
by Contributing Author | Mar 22, 2023 | Headline News
This article was originally published by Ron Paul at The Mises Institute. The failure of Silicon Valley Bank (SVB) on March 10 was the second-largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the...
