The Mother of Bailouts: Government
Michael Hartnett from Bank of America Securities warns that the next major financial rescue could be for the federal government itself, potentially triggering economic turmoil far surpassing previous crises.
Michael Hartnett from Bank of America Securities warns that the next major financial rescue could be for the federal government itself, potentially triggering economic turmoil far surpassing previous crises.
Amid rising inflation and geopolitical tensions, gold prices have surged.
Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the death knell for the dollar and eventually the
The Federal Reserve's pandemic-era policies have dramatically increased wealth inequality, enriching the top 1% to $45 trillion through extensive money printing and financial market support.
The Federal Reserve reports an historic operating loss of $114 billion, the third largest bankruptcy event in U.S. history.
The U.S. Treasury's accelerated debt issuance, reaching staggering levels reminiscent of the pandemic, signals a looming fiscal crisis.
The commercial real estate sector, destabilized by the Federal Reserve's fluctuating interest rates and ensuing loan defaults, is posing a grave threat to the U.S. banking system.