402 Articles 6 Followers
24 Mar 2023 2 minute read 4 comments ssaurel
Since the beginning of this banking crisis, I have been pointing out Janet Yellen and her contradictions. The U.S. Treasury Secretary is able to say everything and its opposite to the U.S. Senators in less than 24 hours. At a time when the ship is ta...
21 Mar 2023 3 minute read 2 comments ssaurel
From time to time, a ship takes on water. When a ship takes on water, do you know what the best chance of survival is for the passengers? The best chance of survival for the passengers is to have a ship captain who will keep calm and know how to make...
20 Mar 2023 2 minute read 3 comments ssaurel
History proves it. We have once again a demonstration of this truth with Credit Suisse whose CEO had said in November 2017 that Bitcoin was a bubble and that he was skeptical about Bitcoin. Six years later, Credit Suisse was absorbed by UBS for "only...
19 Mar 2023 3 minute read 3 comments Rachabel
Morocco's government and Al-Maghrib Bank are taking the necessary painstaking steps to curb inflation and preserve fiscal and economic sovereignty, following recommendations in a new development model for a strong economy , emphasizing that the sol...
15 Mar 2023 1 minute read 1 comment Aldeneer
Recently Silicon Valley Bank (SVB) has collapsed (on march 10 2023). This bank was a very popular bank that was used both by regular people, businessmen and CEOs but also startups and tech companies, for example Roblox. Its collapse has also hurt U...
14 Mar 2023 2 minute read 5 comments Debesh Choudhury
The news headlines that catch our eyes are about going to the moon or crashing into a catastrophe. People like to have excitement. Even the negative and sad stories arouse the news media's interest because that news is saleable to people. Global peo...
14 Mar 2023 6 minute read 4 comments ssaurel
On Sunday, March 12, 2023, Janet Yellen initially gave the impression that the US authorities were going to let the situation in the US banking world rot. Janet Yellen had explained that the US government would not do any bailout for SVB. Panic then...
13 Mar 2023 2 minute read 6 comments Debesh Choudhury
The current trending news says, "The 18th largest bank in the US has collapsed." According to the Federal Deposit Insurance Corporation (FDIC), the Department of Financial Protection and Innovation in California closed down the bank on Friday, Ma...
13 Mar 2023 1 minute read 9 comments Drake Flyer
Well, well, well, look who’s back in town! It’s financial crisis time again, folks! But wait, this time it’s not the good ol’ 2008 crisis, it’s the SVB collapse. And let me tell you, these two are as different as night and day. First off, the 2008 cr...
13 Mar 2023 3 minute read 0 comments Writernevermisses
One of the oldest tricks to cause a bank failure miserably is bank run. This is exactly what Silicon Valley Bank and Signature Bank had encountered. First of all, Silicon Valley Bank, aka SVB, was a well-known tech bank favored by tech sector startup...
