We now have around 850 insolvent or near insolvent banks operating in an unsafe and unsound condition and the FDIC has no resources to do anything about them as it is flat out broke and insolvent itself.
“Unofficial Problem Bank List increases to…
Wednesday, May 23, 2012
Posts tagged with the keyword: ‘worldwide financial markets’
This would explain the low number of banks being “taken over” by the FDIC the last few weeks.
Alerts, World News Sep 12, 2010
FDIC Insider in Illinois Reports Diminishing Bank Merger Possibilities
Alerts, World News Sep 12, 2010
Mr. Rawles,
A close personal friend of mine is a FDIC bank auditor in Illinois. This person gives the final word on whether they will close a bank or not, to put it in simple terms. I’m sorry I cannot provide you with any more credible source oth…
The bubble is in the dollar.
Alerts, World News Sep 12, 2010
The event (taking place slowly) will be when all the current moves away from the dollar reach a tipping point. When? Probably when the yuan is close to the euro and dollar in popularity.
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HSBC and Standard Chartered are offering discounted transac…
2010: A repeat of 2008 crisis?
Alerts, World News Sep 12, 2010
“2008 might be around the corner again.”
The international aspect of the money supply debate has been vastly underdiscussed.
Alerts, World News Sep 12, 2010
The Fed policies have huge effects overseas; When US prints, China has to print as well, otherwise they cannot keep the RMB low. So effectively Fed drives Asia inflation. Look at what is happening in small open economies without capital controls n…
Right now, inflation is winning the cage fight.
Alerts, World News Sep 12, 2010
- RobotTrader
The uncertainty contained in Obamacare
Alerts, World News Sep 12, 2010
As a small business refugee, who actually has to meet payroll – something all you speculators only read about and wager; the other ticking timebomb which nobody can disarm is all the uncertainty contained in Obamacare. HOW is this MONSTER g…
I believe we will see deflation and hyperinflation in their full furry.
Alerts, World News Sep 12, 2010
Initially, we will go into a deflationary spiral. Due to the debt binge the world has been on for the past 40 years, many many people are up to their bottom lip in debt. They have been able to stay afloat by living off of the succession of wind…
Greece is BEYOND HOPELESS! It is matter of WHEN and NOT, IF it will DEFAULT!
Alerts, World News Sep 12, 2010
In USA, Banksters did it to the Country. Greece didn’t buy any subprime mortgages, no housing bubble just the Govt ( Public sector) over spent and voted themselves beyond their means for the last decade. At the same time Books were cooked. Tax ev…
US: There is a very simple and straightforward logic that can explain increase in poverty levels.
Alerts, World News Sep 12, 2010
The total wealth, if you measure it as GDP – the sum of all goods and services produced, is roughly the same, year after year. Then, if the wealth of some small group of people is growing faster then GDP grows – this growth can only happen …
