US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, ha advertido que EE.. economy isheading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, la…

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

The banking industry in the United States is still struggling after the collapse of three major banks. Según las estadísticas, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, cual es…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

The United Statesattempts toassassinate cryptoare illegal and unlikely to succeed becausecrypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country

Market Analyst Heralds the Collapse of ‘Everything,’ Calls for Hedging in Gold and Silver Before There Isn’t Any Left

Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Banco de firmas, Credit Suisse and others as thePanic of 2023,drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable

El millonario de Bitcoin, Tim Draper, aconseja a las empresas emergentes que mantengan Bitcoin como cobertura contra una carrera de "dominó" en los bancos

Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid

El multimillonario Bill Ackman sobre la crisis bancaria de EE. UU.: "Temo que nos dirigimos a un accidente de tren"

Billionaire Bill Ackman has warned that the U.S. economy isheading for a train wreckif the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few

Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion

A NOSOTROS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if theysuffer deposit runs that pose the risk of contagion.The government recently protected all deposits of Silicon Valley Bank and Signature Bank after

Las acciones de First Republic Bank rebajadas a estado basura por S&P Global; Las acciones se deslizan más que 25% Más bajo

Después de que la UBS adquiriera Credit Suisse y cerca de una docena de instituciones financieras inyectaran $30 mil millones en el First Republic Bank hace cuatro días, S&P Global rebajó la calificación de las acciones de First Republic al estado basura el domingo. A los inversores les preocupa que la inyección de efectivo procedente de…