Tag: Economy

BANK RUNS – 4th USA Bank Faces Collapse – $229 Billion Bailout for First Republic over Past 7 Days

California-based First Republic Bank becomes the third U.S Bank this week rescued from collapse the confusion of 30 billion dollars to save the troubled lender came from 11 of the nation's largest financial institutions Bank of America City JPMorgan Wells Fargo all contributing five billion dollars of deposits each Goldman and Morgan Stanley Each depositing two and a half billion ...

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Living With Nearly 100% Inflation

What's up foreign is trying to get Pantry Staples but inflation in Argentina has soared to nearly 100 percent so she can no longer afford them the way to get things is often going on Facebook to barter here it's called thank you foreign Pedir So what are the products that are most in demand in the groups what do ...

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Downfall of American Banks | Silicon Valley Bank Crash Explained | Dhruv Rathee

Hello, friends! Two of America’s major banks have collapsed. California’s Silicon Valley Bank and New York’s Signature Bank. This is said to be the second biggest banking failure in American history. The 2008 collapse of the Washington Mutual Bank was the biggest. It was followed by the 2008 financial crisis. Bringing a global recession. People are worried that this banking ...

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China Retreats From Southeast Asia

Commentary In yet another sign of China’s economic and financial troubles, Beijing has dramatically diminished its financial presence in Southeast Asia. Once preeminent, China finds itself today eclipsed by others. If Xi Jinping and his colleagues in Beijing still dream of global dominance, it must look further away than ever as China retreats from its own backyard. A recent report ...

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How the Debt Deal Will Impact the Economy

The debt deal between President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) allows the federal government to continue functioning for the next year and a half. To make the agreement, both sides conceded what they believe are important issues. One thing the agreement provides is a clear picture each party envisions for the future role of government in our ...

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