Taxpayers should not have to pay for the collapse of systemic banks March 28, 2024 The lessons learned from the global financial crisis of 2008/2009 seem not to have become commonplace for the operation of the financial system. The…
Why is it a criminal mistake to bail out bankrupt banks? February 22, 2024 Silvergate Bank, Silicon Valley Bank, Signature Bank and First Republic Bank collapsed like dominoes between March and April 2023. The United States Treasury Department,…
How healthy is the Global Banking “system”? December 28, 2023 Markets are still digesting the fallout from the failure of Silicon Valley Bank, the second largest bank failure in US history and the biggest…
China and Russia buy gold, sell bonds and cause banks to collapse! March 16, 2023 Gold rose above $1,900 an ounce with gains of 2% today in the wake of creditor anxiety and massive buying of the precious metal…
