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Financial Instability Looms as Credit Losses and Corporate Defaults Surge, Challenging a Smooth Economic Landing
The financial landscape is showing signs of entering the second phase of the credit cycle, where financial institutions suddenly face the realization of credit losses. This is causing notable instability and liquidity challenges within the banking system. Simultaneously, many companies are struggling to meet their debt obligations. August was a particularly troublesome month, witnessing the …
Vivek Ramaswamy, chosen by Soros foundation and WEF in 2011, played controlled opposition due to his smooth talker skills.
Whenever you hear Vivek Ramaswamy talk about taking down the system, keep in mind he worked as an investment partner at a hedge fund before founding biotech, Roivant Sciences, in 2014 He stepped down as CEO in 2021, but remained chairman until 2023 He isn't changing anything… pic.twitter.com/PjCPWLVIOc — Financelot (@FinanceLancelot) August 20, 2023 Vivek …