What caused Venezuela to succumb to such destructive poverty? Well its inflation rate of over 900 PERCENT and its GDP decrease of 35 percent likely is to blame. Now, 85 percent of Venezuelans live in poverty. And Glenn is worried America may be heading for the same reality.
Moody’s is a major rating entity that’s been following the SVB failure, and it has now downgraded its rating of the entire U.S. banking system from stable to negative. Great. It’s the latest sign, among many others, that what President Biden is telling Americans is far from the truth. Moody’s also i.
Regulators just forced a massive investment bank to shut down in what is being called the “second largest bank failure” in U.S. history, according to the Independent. What does that mean for the economy and for you? Glenn speaks with former investment banker Carol Roth, who breaks down what the shutdown of Silicon Valley Bank means.
It would seem obvious that after the 2008 financial crisis, we might have learned a lesson or two. But we didn’t. So now, one of the biggest banks in America has collapsed, and it’s all too reminiscent of the past. The question is: How did it happen? Glenn explains that what’s going on is “a giant s.
MxM News was founded by Donald Trump Jr. last year to give Americans stories and opinions from ALL sides of the political world: ‘I wanted to make sure that people actually had the opportunity to see all of the news, not just what Big Tech deems to be important,’ Trump Jr. tells Glenn.