Posts Tagged ‘Bank Closure’
Watchman: Megabanks Like the Big Four in the United States Produce Financial Instability and More Severe Crises, Big Bank Collapse Coming
HNewsWire: By Pam Martens and Russ Martens: It took eight years of research to compile a data set of annual balance sheets of more than 11,000 commercial banks dating back to 1870 in 17 advanced economies. And in every country, the study arrived at the same finding: concentrating the banking system in the hands of five or less giant banks leads to financial instability and more severe financial crises. The bank balance sheets of the following countries were examined: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Japan, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, the United Kingdom, and the United States. The 150-year banking study is titled: “Survival of the Biggest: Large Banks and Financial Crises.” Its authors are Matthew Baron of Cornell University; Moritz Schularick of the Kiel Institute for the World Economy and Sciences; and Kaspar Zimmermann of the…
Read MoreWatchman Warning Banks Going to Collapse. Thousands of US Banks Are “Insolvent.” Thousands of Banks Will Close There Door’s Soon–Be Prepared: Do Not Think Cryptocurrency Will Save Us; It Won’t
HNewsWire: by Tyler Durden Saturday, May 06, 2023 – 12:00 PM Following the collapse of First Republic last week, the meltdown of three other banks, and the Federal Reserve’s quarter-point increase, making the tenth straight hike in an aggressive campaign to tame elevated inflation, a professor of finance at the Stanford Graduate School of Business presented a grim warning that the regional banking dominos are falling. In a New York Times opinion piece titled “Yes, You Should Be Worried About a Potential Bank Crisis. Here’s Why,” Professor Amit Seru wrote, “the fragility and collapse of several high-profile banks are most likely not an isolated phenomenon.” He said, “A damaging combination of fast-rising interest rates, major changes in work patterns, and the potential of a recession could prompt a credit crunch not seen since the 2008 financial crisis.” Just in the past few months, Silicon Valley Bank, Signature Bank and……...
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Watchman Warning: The Troubles of Silicon Valley Bank (Svb) Have Become Apparent Very Suddenly and Hence Matter Significantly for That Precise Reason. This Is the Tip of the Iceberg. Banks Run Have Begun, Sivb Is Down Another 45% Overnight, How About That BigTech Hard Landing!
SRH: Maybe you were an investor there. Perhaps you’re irritated that the money you’ve worked your entire life to save has been locked up in a safe until the FDIC can sort things out. Take heart, though. You may no longer have your cash, but by spending a few minutes on the SVB website, you may learn about how responsible they have been with their greenhouse gas emissions. Investment banks, God knows, are the biggest polluters, second only to crude oil container ships and ancient John Deere tractors. HNewsWire: Silicon Valley Bank (SVB) has been shut down by regulators after its stock plunged by 60% on Thursday and 62% in premarket trading Friday due to mass customer withdrawals. US futures and European stocks pared broader declines earlier sparked by a rush to havens amid concerns about the health of the……...
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