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Tag: banking

A huge debt crisis is coming

A huge debt crisis is coming

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Around the world, debt is skyrocketing – and rising interest rates are making it unsustainable. In this first part, Ben Norton discusses the impending crisis in the United States, before explaining in part two how Wall Street traps the Global South in debt. US government bailout of Silicon Valley and banks is $300B gift to rich oligarchs:    • US government bailout of Silicon Vall…   4 US banks crash in 2 months: Banking crisis explained by economist Michael Hudson:    • 4 US banks crash in 2 months: Banking

The Mother of all Housing Crashes.

The Mother of all Housing Crashes.

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I have not watched this but anyone who is observant and with eyes to see can see what is coming Reserve Bank of New Zealand have indicated interest rates will stay higher for longer – which combined with a weak economy could end up leading to the Mother of all Housing Crashes. This video analyses the latest data to consider if the New Zealand Housing Market will Crash and what that could mean for the Rest of the World’s Real…

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UK banks closed over a million bank accounts over the last four years, report claims

UK banks closed over a million bank accounts over the last four years, report claims

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U.K. Banks Have Closed a Million Accounts in Just Four Years, With the Rate of Closures Accelerating Amidst the backdrop of the Coutts banking scandal, figures obtained by the Mail on Sunday reveal that U.K. banks are on the verge of breaking account closure records, with over a million accounts shuttered in the past four years. Here’s an excerpt: More than a million bank accounts have been shut since 2019 – and the rate of closures is accelerating, the Mail on Sunday can reveal….

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Towards the cashless society

Towards the cashless society

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From Hal Turner UH OH! BANKS IN AUSTRALIA ANNOUNCE WITHDRAWAL LIMITS From August 20th 2023 Westpac Bank Australia customers will be prohibited from withdrawing more than $1000 from their accounts per day. Other Banks will follow. Access to your own cash . . . . SEVERELY LIMITED. Still think Banking troubles are about a computer Virus? Then, there’s THIS: https://twitter.com/Specterflowers/status/1669329830129565698?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1669329830129565698%7Ctwgr%5Eb9136248f5aa878bb9996c3a04c1d16b1c9b2da9%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fhalturnerradioshow.com%2Findex.php%2Fen%2Fnews-page%2Fworld%2Fuh-oh-banks-in-australia-announce-withdrawal-limits One needs only wonder why, if Australian Banks are owned mostly by U.S. financial firms, the people of Australia will…

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The “Worst Cyber Attack In Recent World History”

The “Worst Cyber Attack In Recent World History”

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Get Ready for “Worst Cyber Attack In Recent World History”! Hackers to Bring Down Europe’s Banking The leader of Killnet, hiding under the nickname Killmilk, confirmed to Lente.ru that preparations for the attack are already underway. It is expected to start within the next 48 hours. The representative of Revil, in turn, stated that “the world has gone crazy”, and the reason for this, in his opinion, was money. He also stated that it is the European banking system that…

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A threat to destroy Europe’s banking system in the next 48 hours.

A threat to destroy Europe’s banking system in the next 48 hours.

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I first learned about this in an article on lenta.ru Hackers promise to destroy Europe’s banking system in the next 48 hours. URGENT!  Several computer Hacker groups, with a long track record of highly effective and devastating computer attacks, have announced “the strongest cyberattack in history” to bring down European Banks within the next 48 Hours. Several hacker groups are allegedly planning to carry out a large-scale computer attack on the European banking system. As it became known to the  Hacktivists…

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Hedge Fund Manager Says Time to Panic

Hedge Fund Manager Says Time to Panic

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Hedge Fund Manager Says Gov’t May Restrict Bank Withdrawals – Tells public to *****Panic***** Hedge fund manager and macro economic expert Hugh Hendry issued a major warning on the US banking system and the US economy; telling people to “. . .panic.” In a new interview on Bloomberg Markets, Hendry says mass panic and capital flight away from the US banking sector is entirely justified.  Hendry says a further decline in the M2 money supply, which in part tracks money in liquid checking accounts, could…

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Ambrose Evans-Pritchard on the insolvency of US banks

Ambrose Evans-Pritchard on the insolvency of US banks

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Half of America’s banks are potentially insolvent – this is how a credit crunch begins Ambrose Evans-Pritchard The twin crashes in US commercial real estate and the US bond market have collided with $9 trillion uninsured deposits in the American banking system. Such deposits can vanish in an afternoon in the cyber age. The second and third biggest bank failures in US history have followed in quick succession. The US Treasury and Federal Reserve would like us to believe that they…

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On The Verge of A Banking Industry Apocalypse?

On The Verge of A Banking Industry Apocalypse?

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It’s STARTED! All of the banks are being FOLDED into one | Redacted with Clayton Morris This morning the second largest bank collapse in American history took place as the Biden administration seized First Republic Bank. JP Morgan Chase Bank swooped in to assume all of the deposits for insured and uninsured accounts. Once again the big banks get bigger with the help of the federal government. What do the taxpayers get from it? Consolidation of power for powerful people…

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A Banking COLLAPSE Bigger Than 2008 Is Upon Us.

A Banking COLLAPSE Bigger Than 2008 Is Upon Us.

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UH OH! THREE MORE BANKS – STOCK TRADES HALTED – PLUNGING BREAKING NEWS: Three more large U.S. Banks have seen their stock values PLUNGE today, causing all three to have stock trading SUSPENDED!  Last night I told my radio audience that, with the Banking Crisis, “We’re just getting started” after First Republic Bank failed.  This morning, three MORE banks are heading south . . . PacWest Bancorp $PACW stock trading halted, citing volatility, after sinking 30% today. Western Alliance Bank,…

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