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Troubled California Bank PacWest Craters 60% On Report It Is Seeking Buyers Or Capital Raise

Posted on May 4, 2023 by admin | 106 Comments

Spread the loveEarlier today, when Jerome Powell openly lied to the American People during the FOMC press conference stating without a hint of irony that the US banking system is…

The Truth Central May 3, 2023: The Push for Net-Zero Emissions is Not Based in Reality; Regional Banks’ Stocks Falling

Posted on May 3, 2023 by admin | 83 Comments

Despite the Green Agenda's increasing damage to the US economy (as well as that of the EU), the Climate Change fanatics in power continue to spend increasing amounts of money…

U.S. providing $300M in more aid to Ukraine

Posted on May 3, 2023 by admin | 116 Comments

Spread the loveOil depots were ablaze in both Russia and Ukraine on Wednesday as both sides escalated a drone war targeting infrastructure ahead of Kyiv’s planned spring counter-offensive to try…

Corsi: The Push for ‘Net Zero Emissions’ is Climate Hoax Fiction, Not Energy Reality

Posted on May 3, 2023 by admin | 100 Comments

Spread the loveLast August, Mark Mills, a senior fellow at the Manhattan Institute, published a prescient report entitled “The ‘Energy Transition’ Delusion: A Reality Reset.” The report demonstrates convincingly that…

Green Energy Industry Admits It Needs Cheap Chinese Goods To Survive

Posted on May 3, 2023 by admin | 100 Comments

Spread the loveThe green energy industry is scrambling as Congress pushes forward with legislation that would impose costly tariffs on Chinese solar panels, a move that industry leaders say would…

PacWest, Western Alliance lead regional bank sell-off of more than 20% a day after Jamie Dimon said the crisis had ended

Posted on May 3, 2023 by admin | 64 Comments

Spread the lovePacWest Bancorp and Western Alliance Bancorp each plunged by more than 25% on Tuesday amid a broader sell-off in regional bank stocks a day after JPMorgan chief Jamie…

Federal Reserve Expected to Raise Interest Rates Again Today as Stagflation Accelerates

Posted on May 3, 2023 by admin | 117 Comments

Spread the loveFederal Reserve officials are set to release an interest rate decision on Wednesday afternoon, and while investors widely expect policymakers to lift borrowing costs by a quarter-point, they…

The Truth Central May 2, 2023: Why the 2023 Bank Crash is Worse than 2008; The Return of the North American Union Plan

Posted on May 2, 2023 by admin | 113 Comments

The bank crash of 2023 is now worse than that of 2008 as First Republic is the latest to go down. Banks are consolidating as bailouts continue. The ripple effects…

Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase

Posted on May 2, 2023 by admin | 102 Comments

Spread the loveWASHINGTON—Treasury Secretary Janet Yellen said the U.S. government could become unable to pay all of its bills on time as soon as June 1 if Congress doesn’t first raise the…

North American Union (NAU II) Is Back Again

Posted on May 2, 2023 by admin | 109 Comments

Spread the loveCanadian National, Union Pacific, and Grupo México have created a new direct intermodal service between points in Mexico and Canada through Eagle Pass and Chicago. This service will provide…

Five Arab States Plus Iran Among 19 Nations Ready To Join BRICS

Posted on May 2, 2023 by admin | 108 Comments

Spread the loveSaudi Arabia, the UAE, Algeria, Egypt, Bahrain, and Iran have formally asked to join the BRICS group of nations as it prepares to hold its annual summit in…

The Most Splendid Housing Bubbles in America, April Update: Year-over-Year Price Drops Worsen in San Francisco, Seattle, San Diego, Portland, Las Vegas, Phoenix, Los Angeles, Denver

Posted on May 2, 2023 by admin | 93 Comments

Spread the loveEven Miami lost ground. Spring selling season is a dud so far. And the banking crisis hasn’t even made it into the data yet. That’s still to come.…

The Banking Collapse of 2023 Is Now Officially Bigger Than the Banking Collapse of 2008 Was

Posted on May 2, 2023 by admin | 111 Comments

Spread the loveCollectively, the three big banks that have collapsed in 2023 had more assets than all 25 banks that collapsed in 2008 did. Unfortunately, the banking collapse of 2023…

The Truth Central May 1, 2023: First Republic Fallout; Fed Ponders Rate Hikes; Stagflation Around the Bend

Posted on May 1, 2023 by admin | 84 Comments

.P. Morgan Chase won the bidding among a set of large financial institutions to take over the failed First Republic Bank. As banks continue to falter and some of the…

Russia Launches Another Aerial Assault as Fighting Intensifies

Posted on May 1, 2023 by admin | 150 Comments

Spread the loveKYIV, Ukraine — Russia launched a broad aerial assault at targets across Ukraine on Monday, the second wide-ranging attack in three days, as fighting appeared to intensify ahead…

Federal Reserve Likely to Raise Rates as Stagflation Risks Intensify

Posted on May 1, 2023 by admin | 82 Comments

Spread the loveSince the Federal Reserve first kicked off its inflation-fighting campaign 15 months ago, it has raised interest rates nine consecutive times and wound down its pandemic-era bond-buying program,…

Push for Electric Cars Positions China to Be World’s #1 Car Manufacturer

Posted on May 1, 2023 by admin | 104 Comments

Spread the loveThe Biden administration is trying to force Americans into electric cars that we don’t have the materials for, while Biden’s interior secretary Deb Haaland is blocking Americans from…

Banks that Put Up $30 Billion to “Rescue” First Republic May Have Been Trying to Rescue their Own Exposure to $247 Trillion in Derivatives

Posted on May 1, 2023 by admin | 86 Comments

Spread the loveEver since 11 banks on March 16 donned the garb of heroic fire fighters, rushing to extinguish an inferno at a competitor bank before it spread further, we…

First Republic Bank Is Seized, Sold to JPMorgan in Second-Largest U.S. Bank Failure

Posted on May 1, 2023 by admin | 110 Comments

Spread the loveRegulators seized First Republic Bank over the weekend, then arranged a sale to JP Morgan Chase, in the second-largest U.S. bank failure. Regulators seized First Republic Bank FRC -43.30%decrease; red down…

The Truth Central Apr 28, 2023: Why the Gradual Global Economic Decline Could Become a Crash

Posted on April 28, 2023 by admin | 109 Comments

The US and EU are overspending to comply with arbitrary Climate Change hysteria, the US dollar is continues to fall, banks continue to go down as US and other world…