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Before the financial crisis in 2008, Glenn Beck knew this could cause a depression. What he didn’t foresee was that the federal government would violate the free market system and make the problem bigger. Now what’s happening?Officials are bailing banks out and making the bigger banks even bigger. B. ....
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. ....
Signature Bank, New York, NY was closed on March 12, 2023 by New York Department of Financial Services, Federal Deposit Insurance Corporation FDIC was appointed as receiver. This is one of several key developments in the current banking industry. ....