Economy

From “mises.org” Drug addicts suffer major withdrawal symptoms when they go cold turkey. In the case of high-tech startups and their banks (like Silicon Valley Bank), the super-low-interest-rate stimulant has been taken away by the drug dealer (the Fed) via interest rate hikes. With cheap credit drying up, firms switched to pulling cash out of

This article comes from “infowars.com” The dust continues to settle after the failure of Silicon Valley Bank and Signature Bank, and the ensuing government bailout. Many people in the mainstream seem to think the crisis has passed. But a closer look at the condition of the banking system reveals these two banks were just the tip of

This article comes from “citizens.news” The main reason why Elon Musk’s Tesla doesn’t take massive losses on its electric vehicles is because a) that’s the only kind of vehicles the company makes; and b) Musk long ago scaled production of Tesla EVs to demand. But the other major automakers who built their brands on the

This article comes from “infowars.com” “Even if only half of uninsured depositors decide to withdraw, almost 190 banks are at a potential risk of impairment to insured depositors, with potentially $300 billion of insured deposits at risk,” economists write. 186 U.S. banks are risk of insolvency and may collapse similar to the way Silicon Valley