Silicon Valley Bank (SVB) failed in spectacular and sudden fashion on March 10, becoming the second largest bank to do so in our nation’s history and triggering a panic in our banking system in the process. Although virtually everyone knows of SVB’s failure, not everyone understands exactly why Silicon Valley Bank failed. Many have blamed…
Are We Just Seeing the Beginning of the Banking Crisis? | Truth Over News
March 31, 2023
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Barclays Warns of ‘Second Wave’ of Deposit Outflows as ‘Sleepy’ Depositors Awake and Run for Exits
March 31, 2023
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BarclaysBusiness & MarketsCompaniesdeposit outflowseconomic policieseconomyInvestmentMarketsUSUS News
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After a month of uncertainty, Barclays warned that a “second wave” of deposit outflows is increasingly likely, a sign that the latest banking crisis is far from over. The collapse of Silicon Valley Bank (SVB) and Signature Bank forced federal regulators to rush to backstop the banking system, which calmed market fears in the short…
The Energy Transition Is a Delusion Indeed
Commentary The “energy transition” continues to receive thunderous applause from all the usual Beltway suspects, an exercise in groupthink fantasy amazing to behold. For those with actual lives to live and thus uninterested in silliness: The “energy transition” is a massive shift, wholly artificial and politicized, from conventional energy inexpensive (Table 1b and here), reliable, and very clean given the proper policy…
US Space Vulnerable to Attacks From Russia and China: Author
March 31, 2023
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The U.S. space is vulnerable to attacks from Russia and China, according to Brandon Weichert, author of “Winning Space: How America Remains a Superpower.” According to the expert, the U.S. Space Force has no replacement for its cumbersome multi-functioned military satellites. “The problem is, is that the way the Pentagon for 30 to 40 years…
Cory Morgan: Report on NS Massacre Should Have Given Woke Politics a Miss and Stuck With the Facts
Commentary On April 18, 2020, Gabriel Wortman went on a violent 12-hour rampage leaving 22 people dead and three injured in Nova Scotia. The incident was marked with panic, miscommunication, and signs of outright incompetence from the RCMP as they tried to get the situation under control. An inquiry into what happened was needed, and…
Were Irish People the “First Slaves in America”? | The Larry Elder Show | EP. 146
March 31, 2023
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Bank bailoutbanking crisisEpochTVinflationinterest rateIrish SlaveryLive VideosReckless SpendingSilicon Valley BankThe Larry Elder ShowVideoWhite Slaves
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Some refer to it as the “Irish slaves myth,” which claims that there weren’t any Irish slaves, but “indentured servants.” However, according to UCLA history professor Roger McGrath, the Irish slave trade began when 30,000 Irish prisoners were sold as slaves to the New World. In most cases during the 17th and 18th centuries, Irish slaves…
China, Russia Leading Push to Replace US Dollar as World’s Reserve Currency
Is the world challenging the U.S. dollar’s dominance? Over the last decade, several nations worldwide, led primarily by Russia and China, have ramped up efforts to kick their dependence on the chief international reserve currency. From diminishing the prevalence of non-dollar transactions to reducing dollar holdings in foreign exchange reserves, states are employing measures to…
At 91, Former Ukrainian Living in US Sees Ominous Similarities Between WWII and Russian Invasion of His Birthplace
PHOENIX, Ariz.—On July 5, George Ilinsky of Phoenix, Arizona, turns 92—fate willing. And with that milestone birthday comes the sad realization that most people he’s known and loved are gone. Few people live to be Ilinsky’s age with their minds as sharp and with names, dates, places, joys, and heartaches still intact. They’re all etched…
After 13 Years, ‘Obamacare’ Offers Broken Promises and Costly Consequences
A review of former President Barack Obama’s health care law 13 years after its adoption shows a history of broken promises and costly consequences. The Patient Protection and Affordable Care Act—more commonly known as the Affordable Care Act (ACA) or “Obamacare”—was signed into law by Obama on March 23, 2010. Among the many promises Obama made…
COVID Pandemic Measures Practically Suspended the Bill of Rights: Robert F. Kennedy Jr.
March 31, 2023
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When the COVID-19 pandemic hit, the key element of the response to the pandemic in America was to essentially take away the Bill of Rights, says Robert F. Kennedy Jr., calling it a “coup d’etat against democracy by the military-medical-industrial complex.” At that time, the government began censoring speech for the first time in American…
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