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Economy

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  • Banking Crisis 3.0: Time to Change the Rules of the Game | Ellen Brown

    Banking Crisis 3.0: Time to Change the Rules of the Game | Ellen Brown

    Ellen Brown -- Web of Debt March 24, 2023 On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized: "What the authorities did over the weekend was absolutely profound. They guaranteed the deposits, all of them, at Silicon Valley Bank. What that really means … is that they have guaranteed the e ...

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  • How Elon Musk's Tweets Unleashed A Wave Of Hate | Marianna Spring

    How Elon Musk's Tweets Unleashed A Wave Of Hate | Marianna Spring

    Marianna Spring -- BBC Disinformation and social media correspondent March 20, 2023 (BBC) -- I had just finished my investigation into whether Twitter can protect users under Elon Musk's ownership, w ...

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  • Will China Dump Its Dark Deal With America? | Yanis Varoufakis

    Will China Dump Its Dark Deal With America? | Yanis Varoufakis

    Yanis VaroufakisA new cold war is upon us, but only China is in a position to push it beyond the point of no return. That moment will come when China’s policymakers cross the Rubicon and decide to we ...

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  • Anatomy Of A Financial Meltdown | Nouriel Roubini

    Anatomy Of A Financial Meltdown | Nouriel Roubini

    Nouriel RoubiniA vicious circle is currently underway in the United States, and its reach could broaden to the global economy Nouriel Roubini -- Project Syndicate Mar 13, 2023 In this February 2008 c ...

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  • Credit Suisse Unease Sparks Fresh Selloff In World Stocks | Dhara Ranasinghe

    Credit Suisse Unease Sparks Fresh Selloff In World Stocks | Dhara Ranasinghe

    LONDON, March 15 (Reuters) - Renewed unease gripped world markets on Wednesday as news that Credit Suisse's largest investor said it could not provide the Swiss bank with more financial assistance se ...

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  • SVB Shockwaves Rattle Global Banks In Grip Of Contagion Fears | Trevor Hunnicutt and Tom Westbrook

    SVB Shockwaves Rattle Global Banks In Grip Of Contagion Fears | Trevor Hunnicutt and Tom Westbrook

    Contagion fears hammer global bank stocks March 14 (Reuters) -- Silicon Valley Bank's collapse pressured global bank stocks further on Tuesday as investors fretted over the financial health of some l ...

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  • The Looming Quadrillion Dollar Derivatives Tsunami | Ellen Brown

    The Looming Quadrillion Dollar Derivatives Tsunami | Ellen Brown

    Ellen Brown -- Web of Debt March 13, 2023 On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankr ...

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  • Analysis: Silicon Valley Bank's Fall Widens Systemic Cracks As Cheap Money Vanishes | David Randall And Davide Barbuscia

    Analysis: Silicon Valley Bank's Fall Widens Systemic Cracks As Cheap Money Vanishes | David Randall And Davide Barbuscia

    NEW YORK, March 12 (Reuters) - Cracks are appearing in the global financial system as the decade-long era of cheap money ends, with some investors worrying the shock collapse of Silicon Valley Bank s ...

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  • What Will Happen When Banks Go Bust? | Ellen Brown

    What Will Happen When Banks Go Bust? | Ellen Brown

    Bank runs, bail-ins and systemic risk Ellen Brown -- Web of Debt Feb. 25, 3023 Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Mon ...

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  • Solving the Debt Crisis the American Way | Ellen Brown

    Solving the Debt Crisis the American Way | Ellen Brown

    Our forefathers turned their debts into currency. That Constitutional approach could work today. Ellen Brown -- Web of Debt Jan. 20, 2023 On Friday, Jan. 13, Treasury SecretaryJanet Yellen wrote to C ...

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  • The Techno-Feudal Method to Musk’s Twitter Madness | Yanis Varoufakis

    The Techno-Feudal Method to Musk’s Twitter Madness | Yanis Varoufakis

    Elon Musk/Twitter. Source: El Portaculo. Creative Commons Attribution 4.0 International License.Immediately after taking over Twitter and pronouncing himself Chief Twit, Elon Musk affirmed his commit ...

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