The US banking system is at risk of collapse, according to the indications we have based on the movements of the federal authority, the Federal Reserve, in order to force US banks to use the so-called discount window on their funds in order to prepare for future banking crises – which are certain to occur. …
Tag: banking crisis
Towards a new permanent banking crisis, the “bubble” in commercial real estate is bursting
What the chairman of the Federal Reserve, Jerome Powell, said on Wednesday, January 31, 2024, after the two-day meeting of American policy makers, contained nothing comforting. Notably, he did not cut interest rates, or announce cuts and monetary easing next March – as the market predicted. As a result, markets skidded, the dollar rallied and …