The Fed’s March 22 FOMC monetary policy decision hiked interest rates another .25 basis points to save face with its inflation battle, amid a sudden and ongoing banking crisis (Part 1 Twitter thread, and 2 ‘s thread) as a de-dollarization (thread) of the dollar’s...
The banking crisis is shifting rapidly and it’s fluid due to the complex and interconnected global financial system. This update will likely outdate itself by this weekend or next week as the drama unfolds. I began this series by penning a summary of what occurred...
It’s been quite a weekend we just experienced that’s a memory lane Déjà Vu (video) for me if juxtaposed against the slow-roll trainwreck known as the Great Financial Crisis (GFC) when I occupied a cubicle with a risk management team in NYC. The launchpad into the...
“What matters is not the trigger, but the preconditions that make the system vulnerable.” – Jim Rickards So here we are, ten years to the day of the Lehman Brothers’ bankruptcy on September 14, 2008. The gut-wrenching fear leading up to Lehman’s demise that prevailed...
Either this Metal Rises or There Will be World Chaos, Says Rick Rule: CrushTheStreet.com/ninetytwo GUEST: TheMoneyGPS.com TOPICS IN THIS INTERVIEW: 01:55 Out of Control National Debt, Debt to GDP Ratio over 100% and Only Increasing from here 04:20 Chinese Economy...