Posts Tagged ‘Banks In Trouble’
1/24/24: Naming Names, Professor Exposes the Banking Cartel that Has Hijacked U.S. Democracy
By Pam Martens and Russ Martens: Gerald Epstein is Professor of Economics and a Founding Co-Director of the Political Economy Research Institute (PERI) at the University of Massachusetts, Amherst. A book he has spent the past decade researching and writing comes out today from the University of California Press: Busting the Bankers’ Club: Finance for the Rest…
1/19/24 The DOJ’s Incestuous Relationship with Jamie Dimon Is Captured in a Graphic from an Historic Lawsuit
Jamie Dimon Calls Bitcoin “Shit” Because He Confuses It With Fiat Money by Tyler Durden A lot has changed since 2017. Back then, in what was the first recorded comments by Jamie Dimon on the topic of bitcoin and crypto, the JPM head was not shy to let the world know how he felt: back…
China’s Stock Market Is in Free Fall 1/18/24
After a challenging couple of years for the Chinese economy, the country’s stock market appears to be in free fall, with officials urging institutional investors not to sell assets in an effort to keep share prices stable as foreigners withdraw. Chinese equities slumped on Monday as the central bank decided to hold its medium-term policy…
Citigroup Will Shed 20,000 Positions by 2026 Following a $1.8 Billion a Shortfall 1/17/24
2026 job cuts by Citigroup following a $1.8 billion lossOver the next two years, Citigroup anticipates cutting 20,000 positions, or roughly 10% of its staff, the bank, with its headquarters in New York, stated on Friday. The third-largest bank in the country made the announcement after a “very disappointing” fourth quarter, according to CEO Jane…
Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”
By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair Jerome Powell gave his semiannual monetary policy report to the House Financial Services Committee and the Senate Banking Committee in June. During both appearances, Powell stated the same thing: “The U.S.…
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…
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…
JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Will Be Close Temporary Very Soon, Welcome to Fed Now CBDC
$40,000,000,000 in Unrealized Losses Hits JPMorgan Chase As Bank of America, Wells Fargo and Citigroup Face Exposure to US Treasuries: Report BanksterCrime: According to a recent analysis on the company’s entire balance sheet, JPMorgan Chase has quietly revealed tens of billions of dollars in losses on securities. According to Barron’s, the banking giant is now…
Three Wall Street Mega Banks Hold $157.3 Trillion in Derivatives – That’s $56.7 Trillion More than the Entire World’s GDP Last Year
By StevieRay Hansen A consumer spending expert has released a dismal forecast for the US economy in 2024. Harry Dent told Fox Business on Tuesday that “since 2009, this has been 100 percent artificial, unprecedented money printing and deficits: $27 trillion over 15 years, to be exact.” “This is completely manufactured, off the charts, which…
David Webb Has an Incredible Bio, and Came From a Family Deeply Involved in Freemasonry. He Was a Successful Wall Street Manager for Years, and Now Lives in Switzerland Where He Owns Farmland. He Is Originally From Cleveland
According to Webb, everything is now in place for the Banks to steal our money in the “Great Reset.” Down Load The Free Book Here Revelation: A Blueprint for the Great Tribulation Understand What’s Coming A Watchman Is Awakened The Future Has Already Been Written Will You Live Forever? Will Putin Fulfill Biblical Prophecy and…