United States Banking Crisis
Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent potential global contagion. Silicon Valley Bank (SVB) failed when a bank run was triggered after it sold its Treasury bond portfolio at a large…
US Banks Suffer Trillion-Dollar Deposit Loss In 2023, Small Bank Capitalization Remains Problematic
by Tyler Durden On a non-seasonally-adjusted basis (why adjust when we are looking at annual changes), US domestic banks saw a stunning $1.17TN in deposit outflows (ex-large time deposits) in 2023 – the largest annual decline ever (and only the 3rd annual decline on record going back to 1985 – 1994, 2022, and 2023)… Source:…
Warning The Banks Are Not OK
Michael Wilkerson Author It has been nine months since the spectacular and sudden collapse of Silicon Valley Bank. After witnessing three of the four largest bank failures in U.S. history in 2023, the attention of the media and the markets has turned elsewhere. Banking crisis? It is as though it never happened. Having fallen by…
This Is Merely the Very Beginning. This Year, at Least 21 Spac-Listed Companies Declared Bankruptcy, Wiping Out a Total of $46 Billion in Equity. Coming: The Mother of All Crashes Coming
0 HNewsWire: A wave of bankruptcies and corporate defaults can be imminent as US corporations are being battered by rising loan rates. Experts caution that as high interest rates have an adverse effect on both consumers and businesses, it may increase the likelihood of a recession. As of the end of August, 459 businesses had…
The DOJ Took More than Two Years to Answer a FOIA on Its Criminal Division Head; Three Days Before Christmas 2023 We Got a Troubling Disclosure
By Pam Martens and Russ Martens: Kenneth Polite On July 20, 2021 the U.S. Senate voted 56-44 to confirm Kenneth Polite (pronounced Po-leet) to head the most powerful criminal law enforcement office in the United States, the Criminal Division of the U.S. Department of Justice. The vetting of this candidate immediately raised red flags at Wall Street…
Financial Chaos,Civil War–Joe Biden’s Economy Is Driving the United States Toward Collapse
The right knows that the system is breaking down, and it has a plan: violence and unity with Satan Solder elements that are traitorous. Nobody wants to see what’s coming because no one wants what’s coming. Even the most astute, knowledgeable, and committed Americans were unable to predict the impending First Civil War on its…
Happy Birthday Jesus,May This Day Be Filled With Joy and Celebration! You Appear Remarkably Youthful, Considering Your Age of Over 2000+ Years
The Birth of Jesus 2 In those days Caesar Augustus issued a decree that a census should be taken of the entire Roman world. 2 (This was the first census that took place while[a] Quirinius was governor of Syria.) 3 And everyone went to their own town to register. 4 So Joseph also went up from the town of…
SBF’s Lawyer Says FTX Co-Founder Was ‘Worst’ Witness Ever
Stanford Law professor David Mills, who led Sam Bankman Fried’s criminal defense trial, says the FTX co-founder went off the rails when he took the stand. “He may be at the very top of the list as the worst person I’ve ever seen do a cross examination,” said Mills, a close friend of Bankman-Fried’s parents.…
A Rigged-System From Top To Bottom: George Orwell Meets Lewis Carroll
BanksterCrime: by Tyler Durden Authored by Donald Jeffries via ‘I Protest” Substack, Just the other day, New York Attorney General Letitia James issued a remarkable statement. “Before this trial even began, the judge ruled in our favor and found that Donald Trump did engage in years of significant financial fraud,” James boasted publicly. This is…
Bitcoin, Bullion, & Big-Tech Bounce As Rate-Cut Hopes Roar Higher
BanksterCrime: by Tyler Durden Personal Consumption growth slowed (3 months ago) and so did Core PCE inflation (to 2%); Jobless claims fell (to 2023 lows) as the LEI continued to tumble, signaling recession in 1H24. So, ‘goldilocks’, ‘soft landing’, ‘everything is awesome’, or ‘we are all going to hell’ – pick your own narrative… as…