marketcrash
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Banking Collapse
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 […]
04/04/2023
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By Belle Carter
Top 25 US banks lose $89.7B after withdrawals surge following collapse of SVB and Signature Bank
The United States major banks recently encountered a surge in withdrawals as depositors become increasingly scared of the banking industry’s volatility following the controversial collapse of small- to medium-scale banks, such as the Silicon Valley Bank (SVB) and Signature Bank. According to a report by the Epoch Times, the top 25 U.S. banks lost $89.7 […]
04/04/2023
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By Oliver Young
Get woke, go broke: SVB’s focus on ESG led to its collapse
Businesses devoting resources to Environmental, Social and Governance (ESG) policies should learn from the collapse of the Silicon Valley Bank (SVB.) The collapsed bank prioritized woke politics over the financial wellbeing of their clients. Instead of hiring qualified candidates for critical positions within the company and making prudent financial decisions, SVB focused on ESG – particularly climate […]
03/30/2023
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By Ethan Huff
Western finance is on its last legs: WATCH as the Health Ranger and Bob Moriarty discuss
The Western financial system has created an illusion, or mirage, of wealth and prosperity – and that illusion-mirage is quickly coming to an end. American Marine F-4B fighter pilot and Vietnam War veteran Bob Moriarty spoke with Mike Adams, the Health Ranger, about this final chapter of the Western financial system during a recent Health […]
03/29/2023
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By Arsenio Toledo
IMF head warns: Risks to stability of global financial system have increased after recent upheavals across banking sector
International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned that the risks to the stability of the global financial system have increased along with “the need for vigilance,” especially after the recent upheavals in the banking sector. Georgieva made these pronouncements while speaking at the China Development Forum in Beijing. She reiterated her view that […]
03/28/2023
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By Belle Carter
PBI founder Ellen Brown says FEAR causes bank runs
According to Public Banking Institute (PBI) founder Ellen Brown, the banking system’s problem stems from the fact that money in its banks is debt that it keeps on loaning to other people. This money loaned to people exceeds the actual amount banks have as capital or reserves. She told “Solutions Watch” host James Corbett that […]
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 […]
03/13/2023
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By JD Heyes
Silicon Valley Bank collapse biggest since Great Recession as FDIC promises to cover ALL deposits, not just first $250K (UPDATED)
The demise of Silicon Valley Bank is the second-largest bank collapse in the history of the United States. The bank’s collapse on Friday has sparked concerns among customers who risk losing deposits worth tens of billions of dollars. The failure of the bank is only surpassed by the collapse of Washington Mutual in 2008. When […]
03/12/2023
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By JD Heyes
Big banks starting to collapse as financial experts warn more fallout is coming
The global financial system has been teetering on the brink of collapse for a couple of years now, thanks to the stupidity of lockdowns and business closures during the COVID-19 pandemic. But now the system is really in trouble as other factors like war, inflation, and ongoing supply chain issues put even more pressure on already […]
12/02/2022
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By Arsenio Toledo
Bank customers FURIOUS after HSBC announces closure of 114 UK branches
International banking giant HSBC has announced that 114 of its branches in the United Kingdom will be closing beginning on April 2023, drawing fury and disappointment from the bank’s many customers. HSBC’s recent announcement is just the latest in a series of bank closures that have occurred in the U.K. since 2020. Earlier this year, […]
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