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Censored news - Economics

Moody’s chief economist warns “certain elements are going to start to break” across the financial system

Balananda 254 0
The problems that currently plague banks and the financial system at large will continue for at least another year to a year and a half, warned Moody’s Analytics Chief Economic Mark Zandi, adding that “certain elements are going to start to wobble and break” in the coming period. Banks are so overleveraged and in the red for their…
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Censored news - Economics

The Big Banks Have Bailed Out First Republic, But Who Is Going To Bail Out The Big Banks When They Start Failing?

Balananda 219 0
Every single day there are more twists and turns to this new banking panic. In fact, we learned that the big banks have gotten together to save First Republic. That is good news, because a collapse of First Republic bank would have been a major catastrophe. But First Republic is just one in a very long list of banks that are in very…
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Censored news - Economics

Market Sniper: Interest rate spike will lead to controlled demolition of people’s assets

Lallananda 189 0
According to “Market Sniper” Francis Hunt, the spike in interest rates will lead to the controlled demolition of people’s assets. He issued this warning during the Feb. 24 edition of the “Liberty and Finance” podcast hosted by Elijah K. Johnson. “Their expressed goal is to asset-strip the general citizenry – and the controlled…
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