Peter Schiff Says Banking Crisis Not Over, Much Worse Financial Crisis Incoming — Warns of ‘Massive’ Recession

Economist Peter Schiff has cautioned that the present banking crisis is the cusp of a much worse financial crisis. “It’s going to get much much worse if you are going to try to dismiss it,” he stressed. Citing the Federal Reserve’s

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. Po statistiki, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, kateri je…

Južnoafriški profesor obtožuje ameriške regulatorje poskusa "atentata na kripto"

Združene države’ poskuša “atentat na kripto” so nezakoniti in verjetno ne bodo uspeli, ker “kripto je globalno,” Steven Boykey Sidley, južnoafriški profesor in avtor, je trdil. Po Sidleyju, many formerly U.S.-based companies and innovators have fled the country

‘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, Signature Bank, Credit Suisse and others as thePanic of 2023,drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

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

ZDA. 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

First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks

A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller

‘Next Round of Bailouts Is Here’ — Bitcoin and Precious Metals Soar Amid Speculation of Fed Policy Change

At around 7:30 zjutraj. ET, the price of bitcoin skyrocketed past the $27,000 range to a high of $27,025 na enoto. Precious metals, or PMs, like gold and silver, also rose between 1.98% in 2.12% proti ZDA. dollar over the

Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming

Michael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved