Tag: recession

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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America’s Collapse is Here

Did you know that during the pandemic Americans were tipping more generously than before and perhaps you did it too part of it was due to human compassion during the difficult times while it all led to tip filation but then with Rising inflation Americans started to feel their wallets getting Tighter and now Consumers have reached the Tipping Point ...

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Will the U.S. Dollar Collapse? | VectorVest

Hey VV Nation Welcome to our Channel my name is Glenn Tompkins senior instructor here at VectorVest always love bringing these videos to your attention folks this is a big story that's out there on social media everywhere talking about the declining dollar and I'm going to give some insight on what's going on and Then at the end tell ...

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Get Ready – Silver Price To Repeat Palladium Situation – Willem Middelkoop | Silver Price Forecast

Currently there is a high concentration of short positions in both silver and gold however the strong physical demand for silver is likely to surpass these positions which poses a significant risk the prices of silver will have to increase considerably similar to the trend observed with Palladium the example of Palladium serves as Evidence of how this situation will ...

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China’s Economy Can’t Survive THIS

China is doing everything it can to mask just  how bad its economy truly is from investors,   but when the cat’s out of the bag,  it’s going to backfire, big time.  Welcome to China Uncensored, I’m Chris Chappell. The Chinese economy is in a freefall. And the   Communist Party is desperate to cover it up.  They’re doing some pretty tricky ...

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Tough Gauntlet Ahead for New Reserve Bank Chief

Commentary The job of Reserve Bank of Australia’s (RBA) governor might be one to dodge at the moment, but having waited 38 years for the opportunity I guess new Governor Michele Bullock was not going to say no. There are a lot of challenges sitting in her in-tray from day one, including expansionary federal and state government policy; increasing red ...

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California Legislature Taking Up Job Killer Bills

Commentary With a recession likely hitting California, now is the worst time for the Legislature to pass bills costly to state businesses. But that’s just what’s happening. Here are four of the worst bills currently on the 2023 Job Killer List of the California Chamber of Commerce. Senate Bill 399 is by Sen. Aisha Wahab (D-Hayward). From the summary of ...

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How Bidenomics Generates More Debt and Inflation

Commentary Estimates of U.S. growth have improved, but remain massively below the Federal Reserve’s projections. After the largest monetary and fiscal stimulus in recent years, growth remains well below trend and debt is significantly higher. It is interesting to hear Treasury Secretary Janet Yellen say that “trickle-down economics did not work,” when in reality this is the failed trickle down: ...

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Is Recession Timing Still Unpredictable?

Commentary Debate continues as to whether recession still lies ahead. The yield curve has pointed to an 80 percent chance of recession. But, when comparing today’s situation with the comparable U.S. real GDP contraction in 2008, its timing forecast has low accuracy. As the original literature documented, the yield curve only predicts a yes-no outcome (of recession) rather than the ...

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Keynesians Still Rule the Fed

Commentary Ben Bernanke, former head of the Federal Reserve from 2006 to 2014, has co-authored a paper with Olivier Blanchard of the Peterson Institute for International Economics, that seeks to account for inflation rates that have knocked at least 15 cents off the value of the 2020 dollar. Reading the paper for me was a trip back in time when ...

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Biggest Fear Among US Business Leaders Is ‘Catastrophic’ Debt Default: White House Economic Adviser

A key aide to President Joe Biden said Sunday that American business leaders’ chief concern is not inflation or recession but the looming threat of a “catastrophic” government debt default. Lael Brainard, director of the White House National Economic Council, told CBS’ “Face the Nation” on Sunday that the country’s top business leaders have told her that their biggest concern is ...

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