Fun fact: Scam credit default swaps have NEVER paid out – even after Greece defaulted on its sovereign debt. CDOs are just another make-believe insurance policy against the unthinkable. May 29, 2023 10:13 am
Federal Deposit Insurance Corporation (FDIC) Alert! FDIC is seeking PUBLIC comment on the proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund arising from the protection of uninsured depositors in connection with SVB & Signature Bank–$15.8 billion. May 19, 2023 1:19 pm
Policy-makers have declined to provide blanket FDIC insurance because it’s a political issue. Which is something NO ONE wants to admit. So instead, the FDIC is implementing full depositor bailouts on a case by case basis which is rapidly depleting their reserves March 27, 2023 7:53 pm
The fed only had $128 billion in FDIC insurance funds. It gave SVB and Signature bank $143 billion. It has no more money for bailouts March 21, 2023 10:35 am
Federal Deposit Insurance Corporation (FDIC) Alert! Special filing with Federal Register: FDIC submits notice for CLOSED DOOR meeting that already occurred as the public interest did not require consideration of the matters in a meeting open to public observation. March 13, 2023 4:35 pm
Who Knew Denmark Offered 4 Years of Unemployment Insurance…But can no Longer Afford it, Go Figure. March 6, 2023 9:28 am
Insurance industry CRUMBLING amid covid “vaccine” excess deaths and massive investment losses March 3, 2023 3:03 pm
Sign Of The Times? Citi Economic Surprise Index Falls To -17.70 As US CDS (Default Insurance) And Fed Reverse Repos Remain Elevated January 21, 2023 4:56 pmJanuary 20, 2023 4:39 pm
Why Is It Important to Have Life Insurance During a Recession? November 24, 2022 9:05 pmNovember 24, 2022 2:05 pm
Hurricane Ian To Unleash Up To $70 Billion In Losses, Insurance Market Devastation And Even Bigger Spike In Inflation- Ian is arriving in the wake of six insolvencies among insurers that write homeowner policies in the state September 29, 2022 9:19 am
Things to consider when taking up car insurance in Georgia September 23, 2022 9:43 pmSeptember 22, 2022 7:43 am
US life insurance companies: Deaths have unexplainably increased by 40% in 18-49 yr olds September 19, 2022 10:00 pm
No mortgage insurance requirement, no income information, no stress test. Just 2008 on steroids September 11, 2022 1:30 pm
Insurance CEO, Todd Callender… Excess mortality 84%… Excess disease 1100%… Expected excess increase to 5000% September 6, 2022 8:19 pm
Life Insurance CEO Reveals Deaths Are Up 40% Among Working People: “Just unheard of” July 4, 2022 6:47 amJuly 3, 2022 6:52 pm
Fifth largest life insurance company in the US paid out 163% more for deaths of working people ages 18-64 in 2021… June 17, 2022 8:50 pm