You Will Be Shocked by How Much Money Is Being Pulled out of U.S. Banks, and Now the Biggest Bank in Germany Is in Trouble
A trillion dollars is a lot of money. If you stacked a billion dollar bills on top of one another, ...
Monday, May 6, 2024
Tag: Economy
Banking Crisis Is How It Starts, Recession Is How It Ends
As the Fed tightens monetary policy, a banking crisis is historically the first evidence that something is breaking. As noted ...
Unease Over Banking Sector Turmoil Spurs Huge Demand for Precious Metals
COTTONWOOD, Ariz.—Coin Heaven co-owner Gabe Wright saw precious metals demand rise to new heights during the pandemic, but nothing as ...
“The Banks Are Melting” and Signs of a Major Credit Contraction Are Already Starting to Emerge
When there is fear in the air, banks start getting really tight with their money, and right now there is ...
Confidence in US Banks Plummets After Failures
The banking turmoil following the collapse of Silicon Valley Bank (SVB) has significantly affected the American public’s confidence in banks and ...
Bank Failures Highlight Risks of Using ESG in Americans’ Pension Funds
President Joe Biden used his veto power on Monday to block a bipartisan action from Congress that would have prevented ...
Many Companies Are Already on Their Second Round of Mass Layoffs
We haven’t seen a tsunami of layoffs like this since the Great Recession. According to Challenger, Gray & Christmas, the ...
Central Bank Digital Currencies Would Bring Hyperinflation
There are many excuses often used to explain inflation. However, the fact is that there is no such thing as “cost ...
Chart Showing Central Bank Gold Purchases Over Last Three Decades Will Shock You
As I've been warning about since last year, central banks across the globe — but particularly in Russia, China, India, ...
Is Credit Suisse About to Collapse? Bank Admits “Material Weakness” as Shares Plunge and Investors Panic
The latest bank on the chopping block appears to be Credit Suisse, a Swiss bank whose shares plunged this week after the ...
