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News & Articles By JD Heyes
03/28/2023
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By JD Heyes
State financial officials demand JPMorgan Chase end woke banking practices that are leading to collapses
A group of fourteen state financial officers wrote a letter to the CEO of JPMorgan Chase, urging the company to discontinue what appears to be “politically motivated” de-banking practices against certain industries, individuals, and groups. The letter comes on the heels of institutions like Silicon Valley Bank collapsing in recent weeks after taking up “woke” […]
03/27/2023
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By JD Heyes
Analysis claims that covering all lost deposits in failed banks will only hasten dollar collapse
A new analysis published this week takes a different look at government bank deposit insurance that goes beyond covering the $250,000 limit imposed by the Federal Deposit Insurance Corporation, or FDIC, that will involve tens of billions of taxpayer dollars. Tyler Durden at Zero Hedge noted on Thursday: “As Simon White writes today, ‘a full guarantee of […]
03/26/2023
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By JD Heyes
Shares of Deutsch Bank tumble after cost of ensuring its default spikes as global financial meltdown continues
The global financial meltdown, once again triggered by woke leftists in the U.S. who made ideologically based investments at their banks, is continuing to spread. On Friday, Deutsche Bank shares experienced a decline after a surge in credit default swaps the night before, as worries over the stability of European banks continued. The stock, which […]
03/23/2023
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By JD Heyes
Credit Suisse merger with USB could destroy Western bond market after bank zeroed out BILLIONS in bonds
Global financial fallout from the collapse of large banks in the U.S. continues, according to a series of reports this week. According to analysts cited by Bloomberg on Monday, the proposed merger between Switzerland’s two largest lenders, Credit Suisse and UBS, could have an adverse effect on the entire Western bond market, Russia Today reported. On […]
03/23/2023
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By JD Heyes
Get ready for governments to push digital currencies after widespread banking collapse
The motto of the tyrannical left is “never let a good crisis go to waste,” and the globalists who want to remake the world in their authoritarian image have just been handed a golden opportunity as banks continue to fail in the U.S. and around the world. The collapse of Silicon Valley Bank has created an […]
03/22/2023
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By JD Heyes
Ford expected to announce HUGE losses in EV sales … other automakers are bound to follow suit
The main reason why Elon Musk’s Tesla doesn’t take massive losses on its electric vehicles is because a) that’s the only kind of vehicles the company makes; and b) Musk long ago scaled production of Tesla EVs to demand. But the other major automakers who built their brands on the internal combustion engine and who […]
03/22/2023
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By JD Heyes
Nealry 50% of all woke companies focused on ‘climate change’ did business with failed Silicon Valley Bank
Go woke, go broke is a real thing. According to reports, nearly half of all climate change and biotech firms in the United States had their banking arrangements with the now-defunct Silicon Valley Bank (SVB). Consequently, a significant number of these firms are currently seeking investment partners who are willing to assume the associated risks, Breitbart […]
03/21/2023
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By JD Heyes
Global markets continue to slide as Swiss bank giant Credit Suisse loses more than 60 percent of its value after UBS buys it
Another massive bank — and bank bailout — has occurred as the global financial crisis that began (where else?) in the United States earlier this month continues to spread. On Monday, global stock markets experienced a sharp decline following the announcement by Swiss authorities that troubled Credit Suisse would be taken over by UBS Group. […]
03/21/2023
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By JD Heyes
Emergency loans to banks spike to record level as they borrow eye-watering $153 billion, a 3,000% surge from previous week
After the 2008 financial crisis Americans were told that a law passed by Congress expanding federal authority over the financial industry and creating an all-powerful new federal agency — the Consumer Financial Protection Board — that we’d never have another problem. As usual, Democrats — who were in charge of Congress and the White House […]
03/21/2023
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By JD Heyes
Treasury chief Janet Yellen makes horrific admission, says Biden regime picking, choosing which banks to save (and which ones to let fail)
The Biden regime has gotten into the business of literally picking winners and losers regarding the burgeoning banking and financial industry crisis, leaving tens of millions of Americans wondering if their bank is going to be among those ‘chosen’ to be saved. “Treasury Secretary Janet Yellen admitted to the U.S. Senate Thursday that the government […]
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