Archive for the 'Economy' Category
Nearly 200 Banks at Risk for Same Fate as Silicon Valley Bank
March 19th, 2023Via: New York Post: Nearly 200 more banks may be vulnerable to the same type of risk that took down Silicon Valley Bank: The value of the assets they hold. There are 186 banks across the country that could fail if half of their depositors quickly withdraw their funds, a new study published on the […]
France: Rioters Outside Macron’s House After Forcing Through Retirement Age Increase Without Parliament Vote
March 17th, 2023Via: Daily Mail: Rioters threatened the home of French president Emmanuel Macron after he bypassed parliament to raise the retirement age from 62 to 64. Thousands took to the streets across France last night to express their fury at the move, setting fires to property and fighting the police. The demonstrations in Paris, Lyon, Marseille […]
Pentagon Mobilized to Support Tech Startups After Bank Failure
March 16th, 2023Via: Defense One: In the hours after Silicon Valley Bank collapsed on March 10, Pentagon officials who work directly with startups that develop national-security technologies grew increasingly concerned. Would startups that had money in the bank need to stop work? If that happened, would there be supply-chain disruptions? Would a company under financial stress put […]
Australia’s Nuclear Submarine Program
March 15th, 2023Madness. Via: The Diplomat: From around 2027, U.S. and U.K. nuclear submarines will undertake rotational deployments to Australia. In the 2030s, subject to U.S. Congressional approval, Australia will purchase three to five Virginia-class subs. The Biden administration and Australia itself are also making new investments in the United States’ submarine-building capacity. Lastly, beginning from the […]
FBI, State Department Miss Deadline to Produce COVID Origin Information to House Panel
March 14th, 2023I consider the Wuhan lab leak revelations to be a limited hangout at this point. The goal is to prevent a wide understanding that the whole thing was premeditated. Via: Epoch Times: The FBI and U.S. Department of State didn’t provide documents by the deadline in response to a congressional request for information on the […]
Are Bank Failures Tied to COVID Scam, Lockdowns?
March 14th, 2023Via: Jon Rappoport: Major media intentionally paid almost no attention to the vastness of the economic destruction caused by the lockdowns. Businesses closing their doors, going into bankruptcy, millions of people’s lives overturned and destroyed, desolate cities… … MANY of the businesses that failed as a result of the lockdowns had outstanding loans with banks. […]
10,000 Dutch Farmers Protest Government’s Crippling Nitrogen Emissions Target in The Hague
March 13th, 2023Famine is a common result of maniac big state policies. Via: ReMix: Thousands of Dutch farmers protested on Saturday against the government’s policies to reduce nitrogen emissions, warning they will put farms out of business and affect food production. Hundreds of tractors from across the Netherlands could be seen driving to the event in The […]
Yellen Says No Federal Bailout for Silicon Valley Bank Another Banking System Bailout Announced
March 12th, 2023
Update: Fed Panics: Signature Bank Closed By Regulators; Fed, TSY, FDIC Announce Another Banking System Bailout: On Friday, we said that the Fed will have to make an announcement before the Monday open, and we didn’t have to wait that long: in fact, the Fed waited just 15 minutes after futures opened for trading to […]
Biden Asks for Massive $886 Billion Military Budget for 2024
March 11th, 2023Via: Antiwar: Congress could easily bring the 2024 NDAA to over $900 billion, closing in on the $1 trillion mark. The NDAAs don’t include the funds authorized for the Ukraine war, which could add another $100 billion if the US keeps spending on the conflict at the same pace.
Silicon Valley Bank Shut Down by Regulators, Biggest Bank Failure Since 2008 Global Financial Crisis
March 11th, 2023Via: CNBC: Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is the largest U.S. bank failure since the global financial crisis more than a decade ago. The collapse of SVB, a key player in the tech and venture capital community, leaves […]
