Home » Posts tagged 'banks'
Tag Archives: banks
The Bulletin: May 15-21, 2025
The Bulletin: May 15-21, 2025 This past week’s articles of interest… If you’re new to my writing, check out this overview. Pharaohs to AI: The Long Ascent of the Superorganism | Art Berman No Economies Without Biodiversity: Why Our Markets Rely on the Complexity of Nature Wetlands Disappearing Three Times Faster than Forests | UNFCCC […]
The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses
The Music Just Stopped: Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses Last October, when the wounds from the March 2023 bank failures – which surpassed the global financial crisis in total assets and which sparked the latest Fed intervention, setting the market’s nadir over the past 16 […]
Bank Failures Begin Again: Philly’s Republic First Seized By FDIC
Bank Failures Begin Again: Philly’s Republic First Seized By FDIC Who could have seen that coming? (here, here, here, and most detailed here) Admittedly, we were a couple of weeks off, but trouble has been brewing in the banking sector and tonight – after the close – we get the first bank failure of the year.
The Era of Easy Money Ruined Us
The Era of Easy Money Ruined Us The rot caused by easy money will only become fully visible when the hollowed out institutions start collapsing under the weight of incompetence, debt and hubris. We have yet to reach a full reckoning of the consequences of the era of easy money, but it’s abundantly clear that […]
The System Isn’t Designed to Help You
The System Isn’t Designed to Help You If climate change doesn’t kill you, it will bankrupt you. It’s been about two months since the Lahaina fire, and the long term nature of their recovery is just starting to set in — for some at least. I know from first-hand experience that it takes months for […]
The global bank credit crisis
The global bank credit crisis Globally, further falls in consumer price inflation are now unlikely and there are yet further interest rate increases to come. Bond yields are already on the rise, and a new phase of a banking crisis will be triggered. This article looks at the factors that have come together to drive […]
Doug Casey on the Death of Privacy… and What Comes Next
Doug Casey on the Death of Privacy… and What Comes Next International Man: In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered. Further, rampant currency debasement is lowering the real value of these ridiculous limits. Why are governments so intent on phasing out cash? What is really behind this […]
The US Banking System Is Sound?
The US Banking System Is Sound? Treasury Secretary Janet Yellen keeps insisting that the banking system is “sound.” Is it though? Because it doesn’t look particularly sound. In fact, we just witnessed the second-largest US bank failure ever. Government regulators seized control of First Republic Bank over the weekend and sold the majority of the […]
The Fed Cannot Fix Today’s Energy Inflation Problem
The Fed Cannot Fix Today’s Energy Inflation Problem There is a reason for raising interest rates to try to fight inflation. This approach tends to squeeze out the most marginal players in the economy. Such businesses and governments tend to collapse, as interest rates rise, leaving less “demand” for oil and other energy products. The […]
The schizophrenic understanding of money in economics
The schizophrenic understanding of money in economics One of the great ironies of economics is that, while the public regards economists as experts on money, the issue of how money is created is still not settled within economics. In 2014, the Bank of England published a landmark paper explicitly rejecting the textbook model of money […]
Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse
Fed, Central Banks Created the Current Crisis and Are on Course to Making Matters Worse The incompetence of our financial regulators, most of all the Fed, is breathtaking. The great unwashed public and even wrongly-positioned members of the capitalist classes are suffering the consequences of Fed and other central banks being too fast out of […]
Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse
Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, banking should be boring. And we’re sure officials at central banks all over the world today—many of whom have trouble sleeping—wish it were. This brief article will explain […]
Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun
Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank). SVB was the 16th largest bank in the US until it abruptly failed and went […]
