There are two main avenues to a potential US financial crisis. Such a crisis, because of US financial dominance and because of the interconnections of globalism, which was a huge mistake for humanity, would be international. Worse Financial Crisis than in 2008: One avenue to crisis is the Federal Reserve’s current policy of raising interest rates. This policy follows many years …
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Silvergate, Silicon Valley Bank, Signature Bank and related insolvencies much more serious than 2008 crash
The crashes of Silvergate, Silicon Valley Bank, Signature Bank and its related bank insolvencies are much more serious than the 2008-09 crash. Banking crisis not over: The problem at that time was crooked banks making bad mortgage loans. Debtors were unable to pay and were defaulting, and it turned out that the real estate that they had pledged as …
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