One week ago, as cryptocurrency prices plummeted, Celsius Network – an experimental cryptocurrency bank with more than one million customers that has emerged as a … The Crypto Crash: all Ponzi schemes topple eventuallyRead more
Financial crisis
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First Republic Bank: The Second Largest Crash in History
On International Workers’ Day, the First Republic Bank became the second largest bank to fail in US history. The USD 233 billion institution was seized … First Republic Bank: The Second Largest Crash in HistoryRead more
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Calls Mount for Cryptocurrency Oversight After FTX Exchange Collapses
President Biden and other G20 leaders are calling for more regulation of bitcoin and other cryptocurrencies to ensure global financial stability following the collapse of … Calls Mount for Cryptocurrency Oversight After FTX Exchange CollapsesRead more
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More Banks to Fail? Not in North Dakota
U.S. banks are again in the crosshairs. Standard and Poor’s has downgraded five new middle-tier banks and put three others on negative outlook. This follows … More Banks to Fail? Not in North DakotaRead more
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The Silicon Valley Bank Bailout
There is a standard tale of politics where conservatives want to leave things to the market, whereas the left want a big role for government. … The Silicon Valley Bank BailoutRead more
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The Real Reason the Economy Might Collapse
https://archive.org/download/20230807/20230807.mp4 Robert Reich’
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The Fed Could Save Main Street
Rather Than Sink Main Street by Raising Interest Rates, the Fed Could Save It. Here’s How. Inflation is plaguing consumer markets, putting pressure on the … The Fed Could Save Main StreetRead more
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10 Years After the Crash
[youtube https://www.youtube.com/watch?v=OgjXoXC3opk&rel=0&feature=relmfu] Ann Pettifor and Grace Blakeley The World Today
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Cancelling the debts is the way to prevent economic crisis
[youtube https://www.youtube.com/watch?v=od2N2b51rV4&rel=0&feature=relmfu] Michael Hudson
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Endemic Market Failure and Inequality
[youtube https://www.youtube.com/watch?v=_Aa2Kpr0UGg&rel=0&feature=relmfu] Dennis Kelleher, CEO of Better Markets, speaks at the forum, “Destroying the Myths of Market Fundamentalism,” held in Washington DC, on October 19, … Endemic Market Failure and InequalityRead more