marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
banks
04/07/2023
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By Belle Carter
Renowned economist Nouriel Roubini: Trifecta of inflation, recession and banking system collapse driving America into a DOOM LOOP
An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in the banking sector is leading the U.S. into a “doom loop.” Nouriel Roubini, an erstwhile economic advisor to the Clinton administration, outlined his findings in a March 30 commentary titled “The Coming Doom Loop.” His […]
04/07/2023
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By Ethan Huff
Three congressmen introduce bill to once again back dollars with gold
In the lead-up to Easter, three United States congressmen, all Republican, have introduced a bill that would once again back the U.S. dollar with gold rather than nothing. Reps. Alex Mooney (R-W.V.), Andy Biggs (R-Az.), and Paul Gosar (R-Az.) say that HR 2435, also known as the “Gold Standard Restoration Act,” will help to restabilize […]
04/05/2023
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By Ethan Huff
PULLING THE PLUG: Another $126 billion pulled by depositors from U.S. banks, Federal Reserve data shows
Public trust in the American banking system continues to plummet as depositors drained another $126 billion from United States banks during the week ending March 22, according to new data from the private Federal Reserve. The largest outflows occurred at big-boy banks, the top 25 of which lost $90 billion on a seasonally adjusted basis. […]
03/26/2023
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By News Editors
Swiss defend $17BN AT1 bond wipeout in Credit Suisse deal as furious creditors including David Tepper vow to sue Switzerland
Amid the justifiably shocked outcry from Credit Suisse junior debtors, who saw their entire AT1 debt tranche wiped out before the equity was fully impaired, violating every conventional liquidation waterfall, on Thursday Swiss financial regulator Finma has defended its decision to wipe out a huge swath of risky subordinated bonds as part of the Credit […]
03/24/2023
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By Cassie B.
Midsize American banks ask FDIC to insure ALL deposits (to stop bank runs against smaller banks)
Midsize banks in the US have reportedly requested that the Federal Deposit Insurance Commission (FDIC) start insuring all bank deposits during the next two years in order to avoid further bank runs. The move comes after a high-profile run on Silicon Valley Bank, which saw many large depositors move their money out of regional banks […]
03/21/2023
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By News Editors
Greyerz – THIS IS IT … The global financial system has started to collapse
Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals warned King World News that people better have an escape plan because the global financial system has started to collapse. (Article republished from KingWorldNews.com) Collapse March 19 (King World News) – Egon von Greyerz, Founder and Managing Parter […]
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 […]
03/20/2023
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By Mike Adams
Credit Suisse bond BAIL-IN proves the entire western financial system is a grand CON
Based on the combination bail-in / bail-out that just took place on an emergency basis in Switzerland yesterday, we now know that the entire western financial system is a grand con. They will change the rules at any moment and steal your money, just like they did to Russia in 2022 by seizing $300+ billion […]
03/19/2023
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By Ethan Huff
Credit Suisse lost $5.5 billion on criminal-run hedge fund, also pleaded guilty in “tuna bond scam” and was convicted in scheme involving cocaine money laundering
The failing 167-year-old Swiss usury branch of private central banking known as Credit Suisse is swimming in scandals, many of them horrendously appalling, that date back many years. Despite only just recently capturing headlines for its likely soon collapse, the ongoing stock selloff of the company actually began back in March 2021 following the collapse […]
03/19/2023
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By Arsenio Toledo
Federal Reserve will keep increasing interest rates despite worsening banking crisis
Despite an ongoing banking crisis that has seen at least two major banks shut down and many other banks on the verge of collapse, the Federal Reserve is still expected to increase interest rates. The Fed is likely to raise interest rates by 25 basis points (0.25 percent) on Wednesday, March 22, according to a strong […]
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