From best bank to totally broke and freezing clients’ accounts in less than one year. Could this happen in the US?
I thought I'd change my tone and write up a genuinely positive, optimistic post. This has to do with what I think will be a tectonic shift over the next twenty years: transportation.
These banks, 6 years after the global financial crisis, are still facing shortcomings on their balance sheets... How scary is that?!
ECB's Own Data Shows QE Program As Utter Failure, Largest Banks Dwindle, Depositor's Capital Eyed for Bail-InsSubmitted by Reggie Middleton on 10/31/2015 05:10 -0500
Hundreds of billions of EUR of useless QE, dwindling mega banks, and cross continental legislation authorizing the confiscation of Depositor's Capital... Yeah, all is well in Euroland!
Time and time again, I’m hearing the same sticking points for failing to prepare – for failing to assure a more promising future for themselves and their families.
Shantytown, Stockton, California, USA
One would think the market is trading Elon Musk’s reputation instead of two utterly separate companies, considering how they look like clones.
The bearish thesis for gold rests on four key assumptions in the process of being disproven. Recent gold skepticism has generally arisen from some combination of expectations for i) protracted U.S. dollar strength, ii) significant Fed tightening, iii) escape velocity U.S. economic performance and iv) further increases in U.S. equities. Since the end of the first quarter, the logic supporting each of these projections has dissipated significantly.
The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance.
Gold is up 3.1% in October and had even larger gains in other currencies. Entering gold’s “seasonal sweet spot” in November, December, January and February.
"Putin is winging it..."
Where is the “hyperinflation”?
World Health Organization: Prolonged Exposure to Even LOW Level Radiation Increases the Risk of CancerSubmitted by George Washington on 10/29/2015 20:01 -0500
Those were just excuses, it’s not like any of those factors suddenly changed and were fixed magically on October 1st.