Sound familiar to 2008?: “changes in the 90s enhanced asset securitization, shifting the prevalent mode of financial intermediation from a bank-centric model of taking deposits & issuing loans (holding them to maturity) to a new model where loans were packaged into securities & sold to investors.”

by Dismal-Jellyfish Source: https://libertystreeteconomics.newyorkfed.org/2023/11/the-nonbank-shadow-of-banks/ TLDRS: Fed paper: The evolution of banks and nonbanks is closely linked, particularly since the 1990s. In the 1990s, financial ‘innovation’ and regulatory changes boosted asset securitization. This shifted financial intermediation from a traditional bank-centric model (taking …

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Right Leaning Policies are taking over, all of these places listed have been devastated by left wing policies.

Javier Milei, Newly Elected President of Argentina, Gives Victory Speech – English Subtitles Javier Milei's Presidential Speech: "To all Argentinians, I want to convey that despite the significant challenges our country is confronting and the seemingly grim situation, Argentina indeed …

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People think nothing is happening, but Israel is taking care of business and bombing the shit out of everyone with any connection to Hamas.

No, this is NOT Gaza ….This is LEBANON tonight…. 🚨No, this is NOT Gaza This is LEBANON tonight pic.twitter.com/DLstWd16dC — Mario Nawfal (@MarioNawfal) November 7, 2023 LEBANON UNDER FIRE pic.twitter.com/xOJ990CYa8 — Sulaiman Ahmed (@ShaykhSulaiman) November 7, 2023 Lebanon is bringing …

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Israel Taking Heavy Loses in Gaza

by Chris Black The IDF is a high tech 21st century military, and they are fighting against civilians basically, committing war crimes on a daily basis for 70 years. Palestine does not have an ar… Continue reading by subscribing. Username …

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The Big Bond Bubble is bursting rapidly now, and it’s taking everything down with it, thanks to Fed inflation forcing the demolition of all Fed recoveries at the same time.

by David Haggith Photo by Micah Williams on Unsplash Wolf Richter is calling it a “bond bloodbath,” which he says is happening because delusions about the Fed’s fight with inflation are finally giving way. Reality struck home in the latest retail report that showed …

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Bidenomics taking its toll…

More U.S. companies have gone bankrupt in 2023 so far than all of 2022 or 2021 There have been more U.S. corporate bankruptcies so far in 2023 than in all of 2022 or 2021, as companies continue to struggle with …

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Massive resistance is taking place

“Colleges and universities across the country are scrambling to find legal means of maintaining the levels of diversity they would like to see.” “Though barred from actively using race as a factor, they will still ‘see’ race in signifiers such as …

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