Home » Posts tagged 'banks' (Page 12)
Tag Archives: banks
Michael Pento: When The Yield Curve Inverts Soon, The Next Recession Will Start
Michael Pento: When The Yield Curve Inverts Soon, The Next Recession Will Start Expected timing: this Fall Collectively, the world’s major central banks have pumped $1.1 trillion into the markets over the past year. The result of all this money printing is now well known: massively inflated real estate, stock and bond asset price bubbles, […]
BIS Confirms Banks Use “Lehman-Style Trick” To Disguise Debt, Engage In “Window Dressing”
BIS Confirms Banks Use “Lehman-Style Trick” To Disguise Debt, Engage In “Window Dressing” Several years ago we showed how the Fed’s then-new Reverse Repo operation had quickly transformed into nothing more than a quarter-end “window dressing” operation for major banks, seeking to make their balance sheets appear healthier and more stable for regulatory purposes. As […]
The Dollar Dilemma: Where to From Here?
The Dollar Dilemma: Where to From Here? Introduction: Where We Are It’s a fallacy to believe the US has a free market economy. The economy is run by a conglomerate of individuals and special interests, in and out of government, including the Deep State, which controls central economic planning. Rigging the economy is required to […]
Free Money Calculation: Fed Will Give $36.93 Billion of Taxpayer Money to Banks
Free Money Calculation: Fed Will Give $36.93 Billion of Taxpayer Money to Banks The Fed upped the interest it pays on excess reserves to 1.95% today. This is free money (taxpayer funded) to banks. The Fed bumped up the interest it pays on excess reserves today to 1.95%. Currently, excess reserves sit at $1.894 trillion. […]
Ron Paul: “A Cashless Society Is Very, Very Dangerous”
Ron Paul: “A Cashless Society Is Very, Very Dangerous” As the global war on cash continues to accelerate, outspoken libertarian Ron Paul summarizes the effort to eliminate cash perfectly – as an “attack on individual freedom.” Restricting and discouraging the use of cash, suggests Paul, has always been a goal of statists as a means […]
Bartlett Naylor: The Banks Are Becoming Untouchable Again
Bartlett Naylor: The Banks Are Becoming Untouchable Again Regulations? We don’t need no stinking regulations! When the dust settled after the Great Financial Crisis, we learned that the big banks had behaved in overtly criminal ways. Yet none of their executives would be held criminally accountable. And while legislation was passed in the aftermath to […]
Banking System Has Huge Problem – Peter Schiff
Banking System Has Huge Problem – Peter Schiff Money manager Peter Schiff says even though Deutsche Bank is the most systemically dangerous bank in the world (according to the IMF), that is just the tip of severe global financial problems. Schiff explains, “I think it’s a problem, and it’s not just Deutsche Bank. Deutsche Bank […]
Good as gold: Turkey uses bullion to stabilise its economy
Good as gold: Turkey uses bullion to stabilise its economy Commercial banks are putting gold into Turkey’s central bank to help deal with rapid inflation Turkey’s central bank has accumulated an additional 400 metric tonnes of gold since 2011 (Reuters) Turkey’s economy has been in a tailspin with an inflationary currency, but the country is […]
Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks)
Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks) “Doom loop” begins to exact its pound of flesh. Risk. Exposure. Contagion. These are three words we’re likely to hear more and more in relation to Europe, as the Eurozone’s debt crisis returns. On Friday, Italy’s 10-year risk premium […]
Oops, It’s Starting, Says This Chart from the FDIC
Oops, It’s Starting, Says This Chart from the FDIC And its eerie exhortations to the banks to prepare for a downturn to avoid “undue disruption to the financial system.” The FDIC’s quarterly report on commercial banks and savings institutions was cited in the media mostly for the $56 billion in profits that FDIC-insured commercial banks […]
Lie-Bor: Pitchforkers Rejoice
Lie-Bor: Pitchforkers Rejoice There’s a bit of a hullabaloo going on at the moment about LIBOR. And in truth, it is a pretty big deal. Yes, even bigger than whether or not Stormy Daniels got jiggetty with an old guy wearing a wig. And get this… even bigger than Kanye’s man-love for the same guy. What […]
7 Reasons Why European Banks Are in Trouble
7 Reasons Why European Banks Are in Trouble While the euro crisis seems far away as all Eurozone countries ran government deficits below 3 percent of GDP, there is one problem for the euro that quietly keeps growing: the unresolved banking crisis. And this is not a small problem. The Eurosystems´and euro banks´ balance sheets […]
Congrats! Canadians Just Set A New Record For Borrowing Against Their Homes
Congrats! Canadians Just Set A New Record For Borrowing Against Their Homes Canadian real estate related debt tapering? That would be ridiculous! Filings obtained from the Office of the Superintendent of Financial Institutions (OSFI) show, after a brief decline in January, the balance of loans secured by residential real estate hit a new high in […]
How Much Are Banks Exposed to Subprime? More than we Think
How Much Are Banks Exposed to Subprime? More than we Think Wells Fargo has $81 billion in exposure to loans that, on paper, it isn’t exposed to. A couple of days ago, when I wrote about the soaring delinquency rates in subprime auto loans – the worst since 1996 – and the collapse of three […]
Surviving The Next Great Depression
Surviving The Next Great Depression Numerous economists and investors are warning of another great financial crisis to come but few people want to listen to them. No crisis is ever exactly like the last one and the next great depression will be different from the last one. In the last depression those who had money were […]
