Banks on the Brink: Is Your Money Safe?
By Stefan Gleason The global fractional-reserve banking system is teetering on the brink of failure. Financial strains are exposing major banks as under-capitalized and ill…
Banking
PayPal is Still Threatening to Fine Users $2,500 for Promoting “intolerance that is discriminatory”
By Tom Parker While PayPal has walked back its threat to fine users $2,500 for “misinformation,” the payments company is still reserving the right to…
Here Comes The Open Revolt: A Reeling Europe Lashes Out At The Fed For “Bringing Us To A World Recession”
By Tyler Durden As a result of the Fed’s relentless tightening blitz, which on November 2 will have hiked rates by 75bps on four occasions…
The Federal Reserve is Using Climate Change as a Pretext to Build an American Social Credit System
By Jordan Schachtel The Federal Reserve has offered a green light for the first component of an agenda dedicated to turning the American financial system…
Will The Collapse Of Credit Suisse Be Europe’s “Lehman Brothers Moment”?
By Michael Snyder The parallels between 2008 and 2022 just keep getting stronger. 14 years ago, the collapse of Lehman Brothers sent a massive wave…
London Banks Prepare For Possible Blackouts
By Tsvetana Paraskova Banking and financial firms in London are closely studying and updating contingency electricity supply plans to protect themselves and their customers in…
Why a “Digital Dollar” Is a Really Bad Idea
By Brad Polumbo The widespread embrace of Bitcoin and other cryptocurrencies has left many government bureaucrats feeling left out. In a bid to get in…
Norway’s BankID System is Becoming a de facto Digital ID
By Ken Macon Norway’s BankID system, which has become a form of digital ID, has launched a new app that is biometrically capable. BankID works…
ECB Scrutinizes Banks’ Readiness For Possible Tsunami Of Energy Company Defaults
By Tyler Durden As we detailed in Trillions In “Liquidity Support Is Going To Be Needed” As Swiss, Finns Join Europe’s Bailout Brigade and Sweden, Austria Start Bailing…
Australian Banks Embrace Digital ID
By Didi Rankovic Australia’s major banks: ANZ, CBA, NAB and Westpac, are happy with EFTPOS’ payment system known as ConnectID to provide the national digital…
Millions of Brits Would Struggle in Cashless Society Favoured by Wealthy
By The Counter Signal More than 10 million Brits would struggle to live in a cashless society that’s favoured by the economically secure, found a…
Visualizing The State Of Central Bank Digital Currencies
By Tyler Durden Central banks around the world are getting involved in digital currencies, but some are further ahead than others. In this map, Visual…
Pakistani Government Threatens to Block Digital IDs to Shut Down Access to Bank Accounts
By Thomas Lambert Amid continued blackouts and great political unrest, the Pakistani government has threatened protesters with having their digital IDs blocked so they can’t…
Bank Australia to Cancel Loans for Cars with Combustion Engines by 2025 to Force Transition to EVs
By Chris Talgo The all-knowing elites in Australia have determined that their country is lagging behind other developed countries when it comes to transitioning from…