First Republic Bank, which has teetered on the edge of failure since Signature and Silicon Valley banks collapsed in mid-March, was seized by regulators on 1 May.
Tag: banks
CENTRAL BANKS MUST NOW HYPERINFLATE, AND YOU WILL PAY FOR IT
For those of you who may not know, I am going to let you in on a nasty secret. THE POWER OF ANY GIVEN CENTRAL BANK RESIDES IN ONLY ONE THING, AND ONE THING ONLY… ITS ABILITY TO INFLATE.
SPECIAL REPORT: THE BIG BANKSTER BUST CONTINUES
As the banking crisis continues, each week we will provide Trends Journal subscribers with an overview of the current events forming the future banking crisis trends.
SYSTEMIC BREAKDOWN IS ACCELERATING AND DELIBERATE
Let’s cut right to it. The breaking down of the world financial system is continuing to pick up speed and energy, and it is by no means an accident.
BANK OF CANADA ANNOUNCES PAUSE IN RATE HIKES
On 25 January, the Bank of Canada (BoC) added a quarter-point to its key interest rate, lifting it to 4.50 percent, its highest in more than 15 years.
SPOTLIGHT: INFLATION
Europe’s banks should set aside greater reserves to cover bad loans, regulators should require investment funds to hold more cash to cover a surge in withdrawals, and the European Central Bank (ECB) should not delay in beginning to sell its €5-trillion bond hoard next year, bank vice-president Luis de Guindos said in a statement accompanying the ECB’s semi-annual review of the region’s financial stability.
MAKE NO MISTAKE! CENTRAL BANKS WILL CONTINUE TO INFLATE. FASTER!
To date, every manner of distraction and deception mechanism is being used against an unsuspecting public which is being crushed under the weight of surging inflation… and the worst is yet to come.
NORWAY’S CENTRAL BANK RAISES RATE BY SMALLER AMOUNT
Norges Bank, the central bank of Norway, added a quarter-point to its benchmark interest rate last week, after raising the rate by a half-point in September.
IS THE FEDERAL RESERVE MERELY INCOMPETENT OR IS THERE A DARK AGENDA?
I have never known the Federal Reserve to make a good decision. Indeed, disastrous decisions are the Fed’s hallmark. There are many such disasters. Among them the Great Depression, the decade long consequence of the Federal Reserve Board’s failure to prevent the shrinkage of the U.S. money supply.
EGYPT’S CURRENCY FALLS AFTER IMF BAILOUT
The value of Egypt’s currency, the pound, fell 15 percent last week to a record low of 23.09 to the U.S. dollar after the central bank raised a key interest rate by two percentage points.