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When there is fear in the air, banks start getting really tight with their money, and right now there is lots of fear in the air. A major credit contraction would be a nightmare scenario for the economy, and as you will see
March 24, 2023 •
Economy • Views: 40
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Scientists have been warning for decades that “the Big One” is coming. Will those warnings soon be proven true? Since late December, the state of California has been absolutely pummeled by an endless series of
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They actually did it. The Federal Reserve just raised interest rates by another 25 basis points right in the middle of a major banking crisis. I honestly do not understand what Fed officials are thinking. They had already
March 23, 2023 •
Economy • Views: 156
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We could not survive without the giant ball of fire that our planet revolves around, and so the stability of our sun is of the utmost importance. Unfortunately, it has started to behave very erratically lately. Scientists are
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Depleted uranium is the gift that keeps on killing. Just ask the people of Iraq. Cancer rates and birth defect rates both went up exponentially after the U.S. military systematically defiled their air, water and soil with
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We haven’t seen a tsunami of layoffs like this since the Great Recession. According to Challenger, Gray & Christmas, the number of job cuts announced in January and February was 427 percent higher than during the same
March 21, 2023 •
Economy • Views: 162
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Fear is in the air. In recent days we have seen a level of panic that we have not witnessed since 2008, and in such an environment people just want to make sure that their money is safe. But there are very few places in our
March 21, 2023 •
Economy • Views: 142
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They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them? Back on January 4th, I specifically warned that our problems would
March 20, 2023 •
Economy • Views: 225
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If it seems to you like everything is breaking loose all at once, it isn’t just your imagination. At the beginning of January, I warned that the overall theme of this year would be “here we go”, and global events have
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What in the world was she thinking? When a bailout was hastily arranged for uninsured depositors at Silicon Valley Bank and Signature Bank, the implication was that the same thing would be done for uninsured depositors at any
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