by Charles Hugh-Smith Everything’s abstract until it happens to us. Dominoes falling are abstractions until one falls on you. Lines of dominoes toppling are an apt analogy to highly centralized systems that are tightly bound, that is, all the transactions that flow …
by Michael Things weren’t supposed to move this quickly. Just hours after First Republic was dissected, two more major banks are in very serious trouble. Are the dominoes going to start to fall more quickly than we were anticipating? After …
by BoatSurfer600 We are seeing a contagious bank run and pledging to protect small banks by not protecting uninsured deposits which is half the deposit base Bulls are going to find out what it’s like to go through a financial …
City AM (via MSN): The collapse of Silicon Valley Bank could signal the “dominoes are starting to fall” after an abrupt end to the era of low interest rates and cheap money, the boss of the world’s biggest asset manager …
by Michael Welcome to the great banking collapse of 2023. Please try to enjoy the ride. When FTX crumbled, I explained to my readers that it was not the first domino to fall and that it certainly would not be …
by: Jon Forrest Little In September 2021, Silvergate Bank, specializing in digital currency, was performing well. In fact, the bank reported record-breaking growth in deposits and loans in 2020, thanks in part to increased demand for its services from clients …
by Charles Hugh-Smith Once assets are revealed as worth far less than claimed, insolvency is the inevitable result. If you haven’t plowed through dozens of post-collapse commentaries on FTX, I’m saving you the trouble: here’s a distillation of what matters …
by BoatSurfer600 The London-based firm has told clients in the Eisler Capital fund that it will return money in the strategy at the end of this year, according to an internal memo seen by Bloomberg. Eisler Capital Multi Strategy fund, …
via creditbubblebulletin: It would have been a nonevent; inconsequential. Confirming New Cycle Dynamics, the Truss government’s “mini budget” has unleashed absolute mayhem. Pension funds blowing up. Emergency central bank rescue operations. Global market instability. UK’s Treasury Secretary sacrificed after a mere …
BREAKING: GE suspends COVID-19 vaccine or test requirement after U.S. Supreme Court's ruling The first domino has fallen.https://t.co/ns2GRDHln4 — Benny Johnson (@bennyjohnson) January 14, 2022 h/t Doorbert Returns
Zillow stopped their home buying program…losing their shirts. They arguably have the best information on real estate. OpenDoor is the largest company in the US that buys and flips homes. Their stock is down over 40% now recently. 20 to …
by Charles Hugh-Smith The economy is far more precarious than the surface boom/bubble suggests. A great many households, enterprises and municipalities are in overloaded boats whose gunwales are just a few inches above the water; the slightest wave will swamp and …
Attacks on free speech are intensifying on social media. Since the globalists will not stop unless we make them, patriots must promote free thinkers like Infowars. https://www.youtube.com/watch?v=88J6Je4fEl8