Walmart Layoffs At Fulfillment Centers Signals Ominous Sign For Economy
By Tyler Durden Over the next three months, hundreds of workers at five Walmart warehouses handling e-commerce orders will be laid off. This situation could…
Economic Collapse
FedNow Instant Payments Are Coming and CBDCs Will Follow
By Daisy Luther There’s absolutely no doubt that our financial system is in flux right now. We’re watching a storm approach, and it’s about to…
186 More Banks “Are At Risk Of Failure”, And That Could Push Us Into The Next Great Depression
By Michael Snyder They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes…
FLASHBACK: G20 Rules Make Bank Bail-ins a Reality (2015)
By The Corbett Report FROM 2015: Last month’s G20 Summit in Australia came and went without the protests and riots we’ve come to expect at…
The Big Banks Have Bailed Out First Republic, But Who Is Going To Bail Out The Big Banks When They Start Failing?
By Michael Snyder Every single day there are more twists and turns to this new banking panic. In fact, we just learned that the big…
A “Too Big To Fail” Bank In Europe Is Literally On The Brink Of Collapse
By Michael Snyder Do you remember when wealthy people all over the world would stash their money in Swiss banks because there were so strong…
Central Banking Continues To Fail
By Mac Slavo The Federal Reserve, or the United States central bank, continues to show why totalitarian control over anything, especially a money supply, is…
Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun
By Brandon Smith There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in…
A Second Bank CLOSED by FDIC: Who’s Next and What Should We Do?
By Daisy Luther After Silicon Valley Bank had its deposits seized by the FDIC, on a Friday, as predicted, there’s a sense of unease across…
Yellen Says Government Will Help SVB Depositors But “No Bailout” As Fed, FDIC “Hope” Talk Of Special Vehicle Prevents More Bank Runs
By Tyler Durden With just hours left until futures open for trading late on Sunday afternoon, the situation remains extremely fluid; and for now it…
ALERT: Bank Dominoes Falling
By Jon Forrest Little In September 2021, Silvergate Bank, specializing in digital currency, was performing well. In fact, the bank reported record-breaking growth in deposits…
So Far In 2023, Announced Job Cuts Are Running 427 Percent Higher Than They Were At This Time In 2022
By Michael Snyder Major employers all over America are announcing mass layoffs, but the mainstream media continues to insist that everything is just fine. Every…
We Just Witnessed An Economic Red Flag That We Haven’t Seen Since 1981
By Michael Snyder The mainstream media continues to tell us that the economy is in fine shape, and you can believe that if you want. …
Widespread Civil Unrest Is Suddenly Erupting All Over The Globe
By Michael Snyder Angry citizens are taking to the streets all over the world, and often they are lashing out in wild and unpredictable ways….