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Do You Remember The Chaos That “Underwater” Properties Caused In 2008 And 2009? Well, It Is Starting To Happen Again…
by Michael We never seem to learn. Over a decade ago, our leaders created the biggest housing bubble of all time, and when it finally burst the entire globe experienced great financial pain. So did they learn from their mistakes and fix the system? No, instead they just created an even bigger housing bubble. Now …
“I don’t think we’ll ever get to the 2024 election. Things will implode in Washington before that.” — Colonel Douglas Macgregor
“I don’t think we’ll ever get to the 2024 election. Things will implode in Washington before that.” — Colonel Douglas Macgregor pic.twitter.com/zWQOKesCI5 — Kim Dotcom (@KimDotcom) July 2, 2023
So we didn’t only bailout banks we bailed out large hedge funds as well.
The FDIC mistakenly revealed to Bloomberg News details on the biggest customers at Silicon Valley Bank, the failed bank whose depositors were rescued through emergency action by regulators. An FDIC document posted online by Bloomberg News on Friday offers new insights into who benefited from that controversial rescue in March when SVB became the second biggest bank failure in US history. …
Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time
Guest Post by Charles Hugh Smith at Oftwominds.com: This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if they were monolithic structures. But they’re not monolithic, they are complex aggregates of very different cohorts …