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Why Banks Fail
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Why do banks fail? Open discussion about the current economic situation
Recent Posts Tagged With 'china'
Decreased exports cause larger deficit in US trade
Weakening Global demand has caused the third consecutive drop in exports, showing more signs that the US economy is shrinking faster then estimated. Breakdown: · Deficit up 1.1% · $57.2 billion from a revis...
Still, silence regarding OPEC? OPEC’s impending demise.
Back in September, Why Banks Fail reported on, what we thought was, the beginning of the end for OPEC. The post was called What About OPEC? While looking around at other financial sites I ran across a link to Are we watching the death of OPEC? on W...
Where money falls for China’s $586 billion bailout
China had announced their massive $586 billion bailout a few days ago. Where will the money come from? China’s net exports are up, but that doesn’t account for $586 billion worth of cash. China has about $1 trillion of U.S. securitie...
