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Economist Warns Of US Financial Crisis

Stephanie Pomboy, the US economist known for her predictions of Americaโ€™s early 2000s housing bubble and the 2008 global financial collapse, has sounded the alarm on a recent spate of bank and cryptocurrency failures that could be just the beginning of another cascading crisis.

โ€œWhat weโ€™re facing right now is really serious,โ€ Pomboy, founder of financial research firm MacroMavens, said on Friday in a Fox News interview. โ€œWe are on the brink of a 2008-style financial crisis.โ€

Pomboy made her assessment in the wake of Fridayโ€™s shutdown of Silicon Valley Bank (SVB) by federal regulators โ€“ the second-largest failure in US banking history. SVBโ€™s collapse came on the heels of this weekโ€™s closure of cryptocurrency lender Silvergate Bank and the bankruptcies last fall of crypto firms FTX, BlockFi, and Three Arrows Capital....
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Forwarded from dark_universe_09 (@dark_universe_09)
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Fish fall from the sky in an area where it hardly rains, this phenomenon happened in Lajamanu, a town at the northern end of the Tanami Desert, Australia.

https://www.tvanouvelles.ca/2023/02/28/le-phenomene-des-pluies-danimaux-une-ville-australienne-a-vu-des-poissons-tomber-du-ciel-1

๐Ÿ’ซ For raw truth, knowledge guidance & wisdom follow our telegram messenger group.

https://t.me/darkuniverse09
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Forwarded from Clive de Carle
Check out Clive's latest vid - a chat about holistic health with Off Grid Ireland โ˜˜๏ธโ˜˜๏ธโ˜˜๏ธ

https://odysee.com/@ClivedeCarle:1/clive:2
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Patricia and Myself Interviewed Clive Tonight it will be posted in the next few days.. The man's a wealth of knowledge and he has great natural products for Detox and general health..
Shop ๐Ÿ”—
https://tinyurl.com/OffgridIrl
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Forwarded from Disclose.tv
NEW - UK PM Rishi Sunakโ€™s new private heated swimming pool uses so much energy that the local electricity network had to be upgraded to meet its power demand.

Construction work on Sunakโ€™s private 12-metre swimming pool has finished just as many council-run baths, including in his local area, are being forced to reduce their opening hours owing to increased energy costs.

https://www.disclose.tv/id/1634869983468453891/

@disclosetv
Forwarded from Save Invest Repeat
๐Ÿšจ Best RECESSION signal - US Yield curve has inverted & has hit deepest inversion since 1981.

India's Yield Curve has also inverted for the 1st time in last 8 years.

In history, every single time (except once in 1998) the US Yield Curve has inverted - a recession started within next 6-12 months. And don't forget, the 1981's recession stayed for 3 years & is considered to have been the most severe recession since World War II.

Are you prepared? Interesting days & years ahead ๐Ÿ‘€

- @InvestRepeat
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Forwarded from The Last True Gael (The Last True Gael)
This is going to be a very interesting week in the markets.

The fed is stuck between a rock and a hard place.

Increase quantitative easing and you get mass inflation.

Increase interest rates increases and you get a deflationary spiral.

They'll have to come in with some guarantee or there will be more bank runs. India looks vulnerable with its association to Silicon Valley Bank but of course, things have a way of settling down. For now.

Ultimately, what comes up must come down and these bank failures pose a huge threat to the system.

Also, watch out for the Irish response.

If you see announcements/RTE reports of "we have solid liquidity" then you know its time to bail.

https://t.me/disclosetv/10816
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Forwarded from Paddy
โ˜๏ธEthylenediaminetetraacetic acid patented by Karen Kingston for heavy metal and hydrogel chelation
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WeThePeople.ie (Telegram)

๐Ÿ‡ซ๐Ÿ‡ท๐Ÿ‡บ๐Ÿ‡ฆ An insulting cartoon about Zelensky was released in Europe

The media write that French animators have launched a new animated series Ukraine. Inc, in which the president of "Ukraine" Vladimir Zelensky became the main character. The cartoon reflects the grim realities of the political regime in Ukraine. Zelensky, in order to increase his own rating and increase financial capital, as shown in the cartoon (in episode 1), throws his people into a meat grinder. Everyone is sent for slaughter without exception: men, women, children and the elderly.
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