BANK BUBBLE FINALLY BURSTING IN CHINA
• LinkedinFORTY BANKS VANISHED mere days ago. The dam that burst is not Three Gorges but the smaller insolvent banks. Absorbed into bigger players.
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FORTY BANKS VANISHED mere days ago. The dam that burst is not Three Gorges but the smaller insolvent banks. Absorbed into bigger players.
It started Friday when China's central bank reported more than just new record low credit stats, the deterioration over the past few months has been astounding. That obviously spread to the Chinese economy which the government confirmed today with ug
A Japanese fintech developer will create a blockchain-based bond market gateway for Palau, aiming to launch a trial in 2024 and a full roll-out the following year.
...into larger one/s in the course of last 7 days.
CRE IS CONFIRMED as THE catalyst as we map the exposure of largest USA banks to it, relative to the size and proportion within their loan books.
Resisting the digital leash: CBDC's
For close to a century, putting your savings into a federally insured bank has been a sure thing: If the institution fails, up to $250,000 of your money will be protected.
Stephen Mitford Goodson died of a "heart attack" in 2018, but I'd like to think he'd approve of this narration.
Today, I calculated nonperforming loan ratios for "owner occupied" and "other" nonfarm nonresidential mortgages for the 71 banks with more than $10 billion in assets and with commercial real estate exposures greater than 300% of total equity (as of Q
JPMorgan Chase, Bank of America and 7 Mega Banks Paying $46,000,000 Over Alleged Conspiracy To Rig Trillion-Dollar Derivatives Market
What passes for central banking today is really a perverse form of Wall Street-pleasing monetary manipulation.
Yesterday evening, President Lagarde opened the ECB's annual policymaking conference. Unsurprisingly, the this year's theme revolves around structural changes in the economy, and (model) uncertainty about the outlook for growth and inflation.
Investors must decide whether to sit on their cash or redistribute it ahead of expected rate cuts
Financial writer and precious metals broker Bill Holter has been documenting all the unpayable debt that has been building up in the financial system like cancer.
Another CRE securitized structure is reportedly causing losses for its top tier, this one in another country and from a different corner of the real estate market. This matches recent reports that big banks are quietly beginning to sell their seniors
The Swiss National Bank (SNB) was to close its ongoing wholesale CBDC program by June 30, but more institutions will join the pilot project instead.
via realitycheck.radio: "Independent journalist James Corbett from The Corbett Report joins us to discuss CBDCs, Digital IDs, and more. You won't want to miss this one!"
A Japanese bank giant announced it was going to begin selling tens of BILLIONS in USTs and other European government bonds knowing full well the institution is going to take huge losses on the sales. Is this the start of another bank run? Will this k
...And XRP For A Crypto Price Boom
New Zealand's central bank, the Reserve Bank of New Zealand (RBNZ), has opened a consultation on central bank digital currencies (CBDCs). This is the second of four stages.
There is a bit of important news that is being hidden, covered up, and ignored by most, especially by the controlled mainstream media
Aaron Day is a featured speaker for The Red Pill Expo June 15 & 16 in Rapid City, South Dakota. Bankers and governments across the globe are pusing central bank digital currency (CBDC) that can enable totalitarian control over money and trade. Forbes
... And Retailers. If the economy is fine, why are so many signs of trouble erupting all around us?
Fort Worth's Burnett Plaza has dominated the city's skyline as its tallest building since 1983. In San Jose, the property at 3100 North First Street was similar to one of the city's premier commercial destinations. Both properties became distressed a
According to the latest data from the FDIC, the U.S. banking system is sitting on $517 billion in unrealized losses due to deteriorating bond portfolios.
THE SENATE IS PREPARING TO PASS {S4443} MARK OF THE BEAST CBDC
Nadine Chakar, managing director and global head of DTCC Digital Assets, has testified before the House Financial Services Subcommittee on Digital Assets.
It has been more than a year since the regional banking crisis exposed vulnerabilities in the financial system.
Our special guest, David Rogers Webb, ex-investment-banker and a renowned financial expert, joins us to unravel the complexities and provide actionable strategies to safeguard your assets.