Monday, March 27, 2023
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FDIC Disguises Bailout as “Purchase” as First Citizens Bank “Buys” Silicon Valley Bank
March 27, 2023
Why Crashing Banks Will Usher in Digital Currency
March 27, 2023
Morgan Stanley Asks When Will Central Banks Worry More About Financial Stability Than Inflation
March 26, 2023
Walmart Lays off Hundred of Workers Across Five States
March 26, 2023
Small Banks See Record Drop in Deposits After SVB Collapse
March 26, 2023
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FDIC Disguises Bailout as “Purchase” as First Citizens Bank “Buys” Silicon Valley Bank
There's a bit of good news for those who had their money in Silicon Valley Bank. The bad news will...
Why Crashing Banks Will Usher in Digital Currency
STORY AT-A-GLANCE Three large banks failed in a single week in March 2023, and the ripple effect could easily take...
Morgan Stanley Asks When Will Central Banks Worry More About Financial Stability Than Inflation
It Ain't Over 'Til It's Over Major central banks have hiked rates despite volatility in markets. They collectively said that...
Walmart Lays off Hundred of Workers Across Five States
ADVERTISEMENT Retail giant Walmart has notified hundreds of workers in various e-commerce fulfillment centers located across the US that they...
Small Banks See Record Drop in Deposits After SVB Collapse
Silicon Valley Bank customers wait in line at SVB headquarters in Santa Clara, Calif., on March 13, 2023. (Noah Berger/AFP...
World Bank Says Ukraine’s Reconstruction Will Cost $411 Billion and Rising
The World Bank said in a new report that Ukraine’s reconstruction will cost at least $411 billion over the next...
Fed’s Bullard Calls for Higher Rates as Balance Sheet Jumps $100 Billion, Depositors Pull Funds From Banks
President and CEO of the Federal Reserve Bank of St. Louis James Bullard in Washington on Aug. 6, 2019. (Alastair...
Jack Dorsey Loses $562M After Report About His Company’s Alleged Connection to Criminal Activity
Jack Dorsey , an ex- Twitter CEO and censor, recently lost $562 million after a notorious short-seller released a report...
Us Bondholders Preparing to Sue Swiss Government Over Wipeout of $17 Billion Worth of Credit Suisse Bonds
American investors in Credit Suisse and corporate litigators are preparing to take on the government of Switzerland over its decision...
The Hierarchy of Money and the Case for $8,000 Gold
By Jan Nieuwenhuijs of GainesvilleCoins.com In the hierarchy of money gold is superior to fiat money. From an historical perspective...