Weak development and the Global financial system with multiple problems

After the great financial crisis of 2007 – 2008, regulatory authorities, worldwide, are engaged in continuous efforts to remove, in every way, financial risks. However, mistakes on their part are not lacking. A typical example is the crisis of regional banks in the USA, which was triggered by Silicon Valley Bank, which until that time …

Debt Colonies End: Non-Western Rating Agencies for the Global South

As the BRICS group seeks to develop alternatives to the Western financial system, the creation of credit rating agencies independent of the West could be on the agenda at their annual summit in October. In addition to developing an alternative payment system for trade transactions in local currencies, the Global South’s credit rating agencies could …

Gold: Russia’s Strategic Monetary Superweapon

In history, gold and silver accompanied the rule of different empires. They made possible the financing of conquests, but also the very rule of the conqueror in the vassal regions of the planet. If even today, gold coins, even legal tender, no longer accompany states’ ambitions for geopolitical sovereignty, we see that central banks’ gold …

Wall Street’s AI bubble is growing and it’s about to burst

Everyone knows and says there is a bubble on Wall Street associated with artificial intelligence and its high-tech stocks, but no one knows how much longer it will grow or when it will burst. For example, many believe that the stock of Nvidia Corp. is a bubble. This is based on the fact that the …

Why is it a criminal mistake to bail out bankrupt banks?

Silvergate Bank, Silicon Valley Bank, Signature Bank and First Republic Bank collapsed like dominoes between March and April 2023. The United States Treasury Department, the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) proceeded with a previous intervention in order to stop the transmission of the crisis to the regional banks and to the …

The Painful lessons of a three-decade Stock Market Disaster

Japan’s Nikkei 225 is on the verge of surpassing its all-time highs of 1989, ending a 34-year drought for investors in the Land of the Rising Sun. That in itself is cause for celebration on the one hand but also a deeply flawed way of understanding how markets work – both in Japan and everywhere …

New York Community Bank sparks another round of bank failures

The US banking system is reeling as the commercial real estate market may turn out to be as toxic as the subprime mortgages that led to the 2008/2009 crisis. At the same time, approximately 1 trillion dollars are the loans that the official banking sector has granted to the shadow financial system – how much …

Risk for Lehman Brothers No. 2 and Recession like 2008

Opinions are being strengthened that maintained that the banking crisis in the US may not be over and that there is a risk of a new Lehman Brothers-style shock due to the purchase of commercial real estate. In this context, the share of the American bank New York Community Bancorp (NYCB), which is at its …

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