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Watchman: There’s A Wave of Corporate Bankruptcies Coming–That Will bring Lawlessness to America

HNewsWire: A wave of bankruptcies and corporate defaults can be imminent as US corporations are being battered by rising loan rates. Experts caution that as high interest rates have an adverse effect on both consumers and businesses, it may increase the likelihood of a recession. As of the end of August, 459 businesses had declared bankruptcy, according to S&P Global. The entire number of bankruptcy filings reported between 2021 and 2023 is already exceeded by that figure. August saw the largest monthly total of corporate debt defaults since 2009. S&P Worldwide According to Collin Martin, a fixed income strategist at Charles Schwab and director, borrowing prices for certain companies increased by two or almost three times in 2023 compared to earlier years, which had a negative impact on company balance sheets. The ICE BofA US High Yield Index shows that…

What Is Happening In the U.S. Today

HNewsWire: Posted by Phoenix Capital Research By Graham Summers, MBA As I’ve noted in our last two articles, the $USD has begun a significant decline against most major currencies (the Euro, the Pound and the Franc). And the only reason it is showing relative strength against the Yen is because Japan’s central bank continues to ease monetary conditions. What’s happening here? The $USD should be performing well based on interest rates as well as how far along the U.S.’s central bank is in its fight against inflation. I believe what is happening is that the world is increasingly aware that the U.S. has become an emerging market. Historically, the U.S. was held up as the eminent developed nation with strong and stable institutions, the Rule of Law, and a dynamic economy. No longer. It is now clear that many of our…

Interac, Your Digital ID, and Your Digital Health Data, According to Watchman but Wait, What? Money, Digital ID, and Digital Health Data—No, Mum, That’s a Hoax— Permit to Relocate? Your Digital Health Certificate Has Been Granted

HNewsWire: Permission to move? Granted with your Digital Health Certificate. Paul Mitchell @PaulMitchell_AB G20 Summit: Indonesian Health Minister wants a Digital ID to control the movement of people: “Let’s have a digital health certificate acknowledged by WHO. If you’ve been vaccinated or tested properly, then you can move around” Do you see where this leads? 7:13 PM ∙ Nov 15, 2022 “You need to know who’s been vaccinated and who hasn’t. You’ve got to have a proper digital structure.” Liam O’Neil – I did not support the Coup @lienomail I hate this guy with a passion 😡😡😡 Teflon Tony advocating digital health care ID for everyone globally What’s in it for him ??? This is a web page published by Interac, for all those who think our money, ID, and health records are not converging electronically. I note it has…

A Bank Run in the Us Can Be Avoided, Although If the Ongoing – and Quite Poetic –

toilet paper run is any indication, US depositors will soon shift their attention to that other “paper”…what An American Bank Run Would Look Like, Once a bank run gets going, even a healthy bank can have a hard time stopping it because just giving everyone their money right then and there usually isn’t an option. Bank run (bank panic) A series of unexpected cash withdrawals caused by a sudden decline in depositor confidence or fear that the bank will be closed by the charteringagency, i.e. many depositors withdraw cash almost simultaneously. Since the cash reserve a bank keeps on hand is only a small fraction of its deposits, a large number of withdrawals in a short period of time can deplete available cash and force the bank to close and possibly go out of business. Technically the title of this post is wrong: the truth is that nobody could possibly know or predict what a bank run would look like in detail suffice to say that it would have terminal and devastating results on the global economy. One needs only remember what happened when the Reserve Fund broke the buck and the $3 billion money market industry was at risk of unwinding (for those who do not, Paul Kanjorski does a good summary here). What we…