“If We Again See Deflation Ahead, It Requires Fiscal AND Monetary Fusion”

  • Post category:Finance

By Michael Every of RabobankShulman, Nosov, Tyulakov, Watford, Melnikov, Avayev, Protosenya, Krukovsky, Subbotin, Voronov, Rapoport, Maganov, Pechorin, Sungorkin, Gerashchenko, Pchelnikov, Petrunin, Mushegian, Taran, Makei, Kochenov, Zelenov, Bidenov, Buzakov, Antov, Maslov, Abdulaev, Pawochka, Makarov, Yankina, Rovneiko. The list of prominent Russians who…

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Yellen To Reassure World That “Treasury Is Committed” To Bailing Out Regional Bank Depositors

  • Post category:Finance

Watch Treasury Secretary Janet Yellen will address bank leaders from across the country at the American Bankers Association's annual Washington Summit (due to start at 1000ET):  Read Yellen's prepared remarks below: (emphasis ours)Good morning, everyone. Thank you, Rob, for your leadership of…

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Auto-Loan Denials Hit Six-Year High As Distress Cycle Shifts Into Gear

  • Post category:Finance

The Federal Reserve has managed to aggressively raise interest rates and tighten financial conditions so much that it sparked a regional banking crisis and unleashed contagion in European banks. Even before the banking meltdown, financial conditions were tight, pressuring subprime consumers…

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North Korea Claims 1.4 Million People Just Enlisted To Fight ‘Imperialist’ US

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North Korean state media has been touting new claims of mass enlistments amid "an atmosphere of war" and urgent defense preparedness in response to ongoing joint US-South Korea drills, which are the largest in five years.The state-run Korean Central News Agency (KCNA) initially…

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Too Wrong To Fail

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Authored by Thomas McArdle via The Epoch Times,As the old saw goes, a banker is someone who lends you his umbrella when the sun is shining and then wants it back as soon as the first drops of rain fall.Hostility toward…

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Americans To Bear Burden Of Monetary System’s Gradual Deterioration, Economist Says

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Authored by Petr Svab via The Epoch Times (emphasis ours),Ordinary Americans can expect their wealth to get repeatedly chipped away as the monetary system degrades and requires progressively more intervention by authorities to perpetuate itself, according to an influential author and…

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Socialism Isn’t About Creating Economies. It Is About Amassing Political Power

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Authored by Ovidiu Tanjala via The Mises Institute,Ludwig von Mises wrote Socialism: An Economic and Sociological Analysis, a small book published in 1922, which demonstrated that economic calculation in a socialist commonwealth is impossible. Of course, Mises assumed that the purpose of an economy,…

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“I Couldn’t Remain Silent”: Physician Assistant Fired For Reporting COVID-19 Vaccine Adverse Events To VAERS

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Authored by Matt McGregor via The Epoch Times (emphasis ours),For her efforts to report injuries to the Vaccine Adverse Events Reporting System (VAERS) and to educate others in her hospital system on doing the same, Physician Assistant Deborah Conrad said she…

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California Hospital Refuses Transplant Surgery For Unvaccinated Woman With End-Stage Kidney Disease

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Authored by Allan Stein via The Epoch Times (emphasis ours),Even on a good day, Linda Garinger of Ramona, California, thinks about dying.Linda Garinger (L), who has end-stage kidney disease, and her daughter Emily Lewis read the letter from a hospital denying…

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16 Terrorists On FBI Watchlist Crossed Southern Border In February Alone; CBP Data Shows

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Authored by Steve Watson via Summit News,Fresh data from Customs and Border Protection has revealed that sixteen people matched to the FBI’s terrorist watchlist were apprehended by Border Patrol agents in February alone.As reported by Fox News, the total number of individuals…

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It Turns Out That JPMorgan Bought The ‘Nickel’ That Was Actually ‘A Bag Of Rocks’

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2023 has not been a glowing one for JPMorgan.In mid-January, we discovered that the giant US bank was tricked into paying $175 million for some millennial's fake rolodex to enhance its college financial aid platform.Javice allegedly fabricated an enormous list of…

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“That’s Not True”: President Biden Moves Toward The Evil Twin Family Defense

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Authored by Jonathan Turley,President Joe Biden has repeatedly denied that his family received money from China.He has also denied any knowledge of his son’s foreign dealings despite direct evidence to the contrary, including a recorded message from the President to Hunter referencing the…

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First Republic Bank Shares Crash To New Record Low, JPM’s Dimon Reportedly Leading Another Rescue Effort

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Having dumped $30 billion of deposits into First Republic Bank last week, and the bank then being rumored to be pushing for a capital raise, The Wall Street Journal reports that JPMorgan CEO Jamie Dimon is leading discussions with the chief…

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‘Unprecedented Abuse Of Authority’: House GOP Demands Answers From Manhattan DA Over Trump Indictment, DeSantis Slams

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House Republicans on the Weaponization of the Federal Government subcommittee are using their new investigative powers to look into liberal Manhattan District Attorney Alvin Bragg, over the Soros-funded DA's reported plans to indict former President Donald Trump on felony charges this…

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Putin Tells Xi He’s “Open To Negotiating Process” On Ukraine As US Says Ceasefire “Unacceptable”

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Update(1017ET): What's being described as an initial, informal meeting between Presidents Xi and Putin is underway at the Kremlin. While the expected cordialities and expressions of closer relations were exchange, among the most notable early statements came from Putin, who said he's…

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“This Just Makes No Sense”: European Regulators Rush To Calm AT1 Investors After Credit Suisse Wipeout Shock

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14 years ago, the Obama administration (or rather his Wall Street lackey Steve Rattner) turned the bankruptcy process on its head with the Chapter 11 filing of General Motors, which steamrolled the bankruptcy liquidation waterfall by paying off the underfunded (and…

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