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HomeFinancial Crisis

Financial Crisis

Finance

“Perfect Storm” Puts This Year’s European Gains At Risk

August 22, 2023 Mariel Alumit

By Michael Msika, Bloomberg Markets Live reporter and strategist August was expected to be a risky month, and so far it has delivered. Now technicals are starting to look shaky and investors are bulking up […]

US
Finance

More Than Half Of Small Businesses Believe The US Is Already In Recession

August 22, 2023 Mariel Alumit

Sorry economic miracle that is “Bidenomics” but the people just don’t buy it. According to the latest NFIB survey released on Monday, more than half of US small business owners believe the economy is already […]

New York
Finance

New York Fed Survey Shows Credit Crunch Worries, Inflation Expectation Spike; Treasury Yields Jump

August 21, 2023 Mariel Alumit

The New York Fed’s March inflation forecasts added further upward pressure on Treasury bond yields and the dollar Monday as investors look to one final rate hike from the central bank next month in Washington following Friday’s […]

Finance

China’s Shadow Bank Crisis Stokes Fear Of Housing Spillover

August 21, 2023 Mariel Alumit

By Charlie Zhu, Bloomberg Markets Live reporter and strategist Three things we learned last week: 1. One of China’s shadow banking giants fell into a liquidity crisis, showing how contagion from the troubled real estate […]

BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western
BRICS

BRICS Officially Confirmed That It Doesn’t Want To De-Dollarize & Isn’t Anti-Western

August 17, 2023 Mariel Alumit

ENB Publishers Note: Andrew Korybko on his Substack wrote this article and has some outstanding points. In my opinion, as Andrew points out, the BRICS countries are saying that they do not want to de-dollarize, […]

Rickards
Finance

Rickards: Where’s The Darn Recession?

August 15, 2023 Mariel Alumit

Authored by James Rickards via DailyReckoning.com, Analyzing today’s economic conditions is a challenge.   If the world is in good economic health, you can describe the policy reasons behind that condition and identify specific stocks […]

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists
Energy Policy

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists – I say – No, are you joking?

August 13, 2023 Mariel Alumit

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point. While price […]

Bankruptcy

A “Global Inflationary Depression” Is Very Possible – But what does this do to energy and oil?

August 13, 2023 Mariel Alumit

Authored by Bruce Wilds via the Advancing Time blog,   Roughly two and a half years ago it was predicted here on AdvancingTime that we might soon be witness to the first global inflationary depression. […]

Bankruptcy

De-Banked: It’s Only A Matter Of Time Before It Happens To You

August 9, 2023 Mariel Alumit

Authored by Nick Giambruno via InternationalMan.com, “We are writing to inform you that we cannot continue serving you. As a result of this decision, your account will be closed within 14 days from the date […]

Crypto

The Global Rejection Of CBDCs

August 8, 2023 Mariel Alumit

Authored by Ari Patinkin & John Berlau via RealClear Markets, The Biden administration and the Federal Reserve are taking steps toward the potential roll-out of a central bank digital currency (CBDC). In attempting to do […]

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