marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
financial crisis
04/18/2024
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By News Editors
The great dispossession part 3
In Part 1, I explained that the next financial crisis will be bailed out not with central bank money creation but with our stocks, bonds and bank balances. (Article republished from PaulCraigRoberts.org) In Part 2, I explained the multi-year quiet regulatory changes that dispossessed us of our property. In Part 3, I explain David Rogers […]
02/23/2024
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By Cassie B.
German banks preparing for wave of loan defaults in the face of major real estate crisis
German real estate lender Deutsche Pfandbriefbank is preparing for what it says will be the steepest drop in commercial property values seen in the country in 15 years. During the fourth quarter of 2023, the bank raised its provisions for losses on loans, setting aside more than $230 million for the year to prepare for […]
12/22/2023
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By Cassie B.
Skyrocketing global debt setting the stage for a cataclysmic financial crisis
The world has racked up record levels of debt, and concerns are growing about the global economy’s ability to continue in the face of high interest rates. Easy money policies in recent years that provided incentives for borrowing money in hopes of stimulating the economy led to record levels of borrowing. While this may have […]
12/04/2023
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By Cassie B.
Mass bank branch closures and troubled real estate sector point to impending U.S. financial crisis
Many of the country’s biggest banks have been closing local branches left and right lately, and some financial experts are warning that even more problems will follow – and it could all be headed toward a financial crisis. The nation’s sixth-biggest bank, PNC, recently confirmed it would be closing 19 branches around the United States. […]
10/24/2023
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By Olivia Cook
SEC chairman: AI could cause FINANCIAL CRISIS in the next decade if left unregulated
Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that rapidly advancing artificial intelligence (AI) could cause a financial crisis that is “nearly unavoidable” in the next decade if left unregulated. According to the SEC chairman, the lack of diversity in AI technologies used by multiple institutions could one day pose a significant threat […]
08/27/2023
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By Belle Carter
BAD NEWS for home buyers: U.S. house mortgage rates SKYROCKET to HIGHEST level in two decades
There is bad news for anyone looking to buy a home in the near future. The Mortgage Bankers Association (MBA) recently reported that mortgage rates in America surged to their highest level since late 2000 last week. The 30-year fixed mortgage rate increased 15 basis points to 7.31 percent in the week ended Aug. 18. […]
04/20/2023
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By Kevin Hughes
US national debt will continue to rise in the coming years, says IMF
The International Monetary Fund (IMF) has predicted in its Fiscal Monitor report that the U.S. national debt will continue to rise in the coming years amid increased government borrowing. The U.S. debt-to-gross domestic product (GDP) ratio is projected to be 122.2 percent this year, slightly above last year’s 121.7 percent. It is expected to increase further to 136.2 percent of GDP […]
03/21/2023
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By News Editors
“This just makes no sense”: European regulators rush to calm AT1 investors after Credit Suisse wipeout shock
14 years ago, the Obama administration (or rather his Wall Street lackey Steve Rattner) turned the bankruptcy process on its head with the Chapter 11 filing of General Motors, which steamrolled the bankruptcy liquidation waterfall by paying off the underfunded (and unsecured) pension plans of GM and Chrysler union workers at 40 cents on the […]
03/14/2023
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By JD Heyes
Federal regulators close ANOTHER major crypto-centric bank over fears of imminent collapse
Whatever is going on in the banking and financial sector over the past several days, things appear to be getting more dire, not less. In an effort to prevent the banking crisis from spreading, New York state regulators closed down Signature Bank, a major lender in the cryptocurrency industry, on Sunday, according to a report […]
03/01/2023
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By Belle Carter
HOUSING COLLAPSE: Existing home sales drop for 12th straight month
A survey by the National Association of Realtors (NAR) found that sales of existing homes across the U.S. sank for 12 straight months, for a total decline of 36.9 percent. The results of the survey published in Feb. 21 noted that existing home sales in January 2023 fell to four million, compared to 6.34 million […]
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