The Banking Crisis
The current “banking crisis” is not over. Other banks here and abroad are under scrutiny. I would be surprised if there were not further closures. Here is a specific heads up. Moody’s rating service put 6 U.S. banks on review…
The current U.S. banking scene
There were two sizable bank failures over the last three days. Silicon Valley Bank in Santa Clara, Ca was taken over by the FDIC on Friday and Signature Bank was closed by New York state regulators Sunday. I have received…
THE DARK LORD OF AMERICAN POLITICS
For many months I have been trying to figure out who is running the country; who is calling the shots for this presidency, for this administration. The unending stream of destructive policy that gushes from the White House almost daily…
UNACCEPTABLE VIEWS
It was about a month ago when Canadian Prime Minister Justin Trudeau invoked Canada’s Emergencies Act in an effort to deal with the hundreds of truckers in a “Freedom Convoy” that had driven to Ottawa to protest government health mandates.…
BITCOIN, PUTIN AND THE UKRAINE
Vladimir Putin is a thug. That’s not an original thought. It is well known that Putin has the human rights demeanor of a rattlesnake. But the Vlad man is no dummy. In fact, I would classify him as one of…
THE CRYPTO SELL OFF AND WHAT’S BEHIND IT
The crypto market has fallen like a rock off a tall building in these early days of 2022. It was hit with a one/two punch that might have sent some other asset class to the showers. But with a market…
The Media Flanks Mordor
(Haven’t read Part 1 yet? Read it here) Here is the media campaign that flanked the coup and pushed for an “international solution”. On September 22, 2011 the British newspaper, The Telegraph blared, “World Bank Chief Zoellick warns ‘World in…
Solutions to Bankers Gone Wild
The European Financial Crisis was a staged play. I don’t mean that many of those countries weren’t buried in the fiscal bat guano of their own making, they are. The point is that instead of each country being responsible for…