The Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future
By SRH,The federal authorities seem to be on the verge of closing down the Regional National Banks in order to…
New York Community Bancorp Was JPMorgan’s Top Regional Bank Pick for 2024; It’s Lost 73 Percent Y-T-D and Had Its Deposit Rating Downgraded to Junk
By Pam Martens and Russ Martens: New York Community Bancorp’s tumultuous share price descent began on January 31 when the bank filed an…
3/20/24:During Spring Bank Panic of 2023, Liquidity Advances from FHLBs Topped Those of Q4 2008, when Wall Street Was in Collapse
By Pam Martens and Russ Martens: According to data from the Federal Deposit Insurance Corporation, and using a graph from the…
Crashing Capital Markets and Banking Sector Bankruptcies, Followed by a Flood of Corporate Bankruptcies
Could the coronavirus act as a catalyst for a new global economic crisis? It certainly has that potential – but how would…
Great Collapse (GC) of 2019, doing so
with little or no advance warning… Banks will be the major contributor to the collapse of the United States economy,…
HSBC Resuscitates 35,000 Job Cut Plan As Banking Troubles Persist
Back in February, HSBC, Europe’s largest bank and troubled lender, announced a plan that would slash upwards of 35,000 jobs. Shortly after, the lender put…
We’re Not Going Back To ‘Normal’…
Turn the key and the economy will restart. That’s a myth a lot of people in the mainstream have peddled…
The Blood Bath Has Begun
Don’t forget, the Spanish Flu pandemic lasted from January 1918 to December 1920. Facebook Twitter Pinterest Email Fear of the coronavirus is causing…
Congress gives America a special Christmas present: higher taxes
You’ve got to hand it to these people– Congress really knows how to bring out the holiday cheer. They have…
Will Modern Monetary Theory Blow Up The Dollar?
“As long as the government can print money, we’ll never be broke.” That’s the idea behind modern monetary theory (MMT)…