There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling…
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JPMorgan Chase, Officially the Riskiest Bank in the U.S., Is Allowed by Federal Regulators to Buy First Republic Bank…
On Wall Street, the business model is you eat what you kill. Jamie Dimon and the bank he helms, JPMorgan Chase, just devoured First Republic Bank after Dimon had orchestrated the worst “rescue” of First Republic in the history of banking rescues…
Sunday Talks, Gary Cohn Discusses the First Republic Bank Dynamic, and Confirms Something Interesting…
Six weeks ago, in an effort organized by the FDIC, $30 billion was pushed into FRB by eleven larger banks to stabilize it. However, the only thing that infusion of capital did was allow institutional depositors time and ability to withdraw their funds. A complete racket…
Supreme Court to Decide If IRS Can Secretly Comb Through Bank Records…
What is Biden and the UniParty creating at the IRS? Thousands of new positions and now the IRS is asking the Supreme Court to secretly obtain your financial records without your knowledge…
FedNow… And What’s Next?…
Come July, the Fed will involve itself directly in the affairs of Americans, via Fed Now – a chirpily named etiolation of the “Fed’s” manipulation of the nation’s money supply. The object now isn’t manipulation as much as it is habituation…
Silicon Valley Bank: U.S. Fed Admits Regulatory Shortcomings…
In a widely-anticipated report into the collapse of the bank favored by tech startups, the US central bank blamed the company’s inability to manage risks and a lack of regulatory oversight…
Russian Pranksters Strike Again – Chairman of the Federal Reserve Jerome Powell Was Their Target…
Russian pranksters Vovan and Lexus ensnares Chairman of the Federal Reserve Jerome Powell in a 16-minute phone call who believed he was talking to Ukraine’s President Volodymyr Zelensky…
De-Dollarization and Global Trade…
The current telling of the story of de-dollarization — the replacement of the U.S. dollar as the global economy’s primary reserve currency with a new BRIC (Brazil, Russia, India, China)-funded reserve currency — depicts the loss of the reserve currency as a catastrophe that will crush America…
THREAD: Central Bank Digital Currencies Will Be Used to Monitor ALL Financial Transactions and Control How You Choose to Spend Your Money…
Whitney Webb and Jimmy Dore warn that central bank digital currencies will be used to monitor all financial transactions and control how people can spend their money…
Right, OilPrice.com, Wind Power Is Unprofitable…
A recent article at OilPrice.com explains how wind power is unprofitable, going into detail on some of the economic hurdles that industrial wind power development has encountered…
Bud Light’s Hangover Gets Worse…
Bud Light has suffered another blow in the fallout from its Dylan Mulvaney partnership as its rivals’ sales have spiked while its seen huge losses…
Biden’s Trillion Dollar Clean Energy Grab Bag in Pictures and Quotes…
Let’s take a look at beneficiaries of the Inflation Reduction Act and the number of jobs created by some of the projects…
About The New “Affordable Housing” Fees on Mortgages that Punish High Credit Borrowers…
Stop looking at the Washington DC Potemkin village; start looking at the financial system behind it that controls it…
Former New York Fed Pres Bill Dudley Calls This the First Banking Crisis Since 2008; Charts Show It’s the Third…
The official that oversaw the secret funneling of trillions of dollars of bailout money from the New York Fed to the grossly mismanaged mega banks on Wall Street during the financial crisis of 2008 to 2010, had the temerity yesterday to pen an opinion piece at Bloomberg News pointing his finger at current Fed officials for today’s banking crisis – without once mentioning his role in getting us here…
‘We’re Going to See a Lot of Bankruptcies’: Former CEO…
Bob Nardelli, the former CEO of Home Depot, is warning about more bankruptcies hitting the U.S. economy, and blames lawmakers for their delay in coming to terms regarding the country’s debt ceiling…
The IMF Has Just Unveiled a New Global Currency Known As the “Universal Monetary Unit” That Is Supposed to Revolutionize the World Economy…
A new global currency just launched, but 99 percent of the global population has no idea what just happened…
Texas May Launch Its Own Gold-Backed Digital Currency…
Bills introduced in the Texas House and Senate would create a state-issued, gold-backed digital currency…
These Are the Banks with the Most Uninsured Deposits…
Today, there is at least $7 trillion in uninsured bank deposits in America…
“The Crisis Is About to Get Much Worse…Jeffrey Sachs…
University Professor at Columbia University Jeffrey Sachs spells out what American’s are facing with the incredibly unstable financial system promulgated by the Federal Reserve, central banks, too big to fail banks and the governments in the United States and Europe…
U.S. Dollar “Fear Mongers” Only Need to Be Right Once…
The fact is that warnings about the precarious nature of the U.S. dollar – whether bombastic or not – are probably more important today than they have ever been. But these warnings can’t compete with 50 years of the “trend being the United States’ friend”, a hurricane force tailwind that includes politicians on both sides of the aisle, the nation’s central bank, the treasury secretary and the roaring concert of all financial news media…
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