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    Breaking News

    The Banking Crisis Has Only Just Begun

    The Banking Crisis Has Only Just Begun

    The banking crisis is far from over; in fact, it has only just begun. The recent fragility and collapse of several high-profile banks are most likely not an isolated phenomenon as the ruling class would have us believe.

    The Banking Crisis Has Only Just Begun

    Former Central Bankster Warns The Banking Crisis Is Just Warming Up

    After yesterday’s banking bloodbath, Regional bank stocks tumbled further earlier this morning (before recovering) after former Dallas Federal Reserve President Robert Kaplan warned that the United States regional banking crisis is far from over. Most worryingly, Kaplan went on to claim that bank stocks have been marked down solely because of their over-investment in United States Treasuries, while the credit phase, which is “normally more serious,” is yet to unfold.

    Top Economist Warns The Next Recession Will Be As If “The Whole Country Takes A Pay Cut”

    Top Economist Warns The Next Recession Will Be As If “The Whole Country Takes A Pay Cut”

    Ever since the United States Federal Reserve (the central bank) began hiking interest rates in early 2022 to “combat inflation”, fears of recession have grown. But the next recession is going to be an ugly one, and it will appear as if “the whole country take a pay cut” according to former Merrill Lynch economist David Rosenberg, who is also the president of Rosenberg Research.

    Charles Schwab and Other Big Banks May Be Secretly Insolvent

    Charles Schwab and Other Big Banks May Be Secretly Insolvent

    The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks in the United States have substantially increased their use of an accounting technique that allows them to avoid marking certain assets at their current market value, instead using the face value in their balance sheet calculations. This accounting technique consists of announcing that they intend to hold such assets to maturity.

    Russia: The West Has FAILED To Isolate Russia

    Russia: The West Has FAILED To Isolate Russia

    Russian politicians continue to provoke the ruling classes of the West, saying their rhetoric has continually failed to isolate the former Soviet Union.  Foreign Minister Sergey Lavrov has said that nations comprising 85% of the world’s population are refusing to take part in the anti-Russia policies.