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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 'money'
Scariest 2 graphs on The Fed & Bank Borrowing
East Coast Economics posted an article, The Fed & Bank Borrowing. The point of the article is to illustrate the problems in the following 2 graphs. In this first graph, we can see the money borrowed by US banks from the Fed through December 200...
Peter Schiff - Gets in More Trouble
CNN hosted Peter Schiff again, during the interview Peter says what he thinks about the bailouts. He’ saying that people need to work for the money, and we have to work hard. A “bailout” won’t fix everything. Peter Schiff ...
How do the rich make money, and stay rich?
Blogging Stocks has a series of posts by Dan Solin, a personal finance expert, on the secrets of how the rich stay rich. Rich people know the difference between luck and skill Rich people know ‘if it bleeds, it leads’ Rich people know...
The Fed’s Transfer of Wealth, by Edwin Vieira, Jr.
Edwin Vieira, Jr. tells us how the Fed is able to migrate the wealth of society through the banking system. The video is short and informative. Topics covered include: Fractional Reserve Banking Banks don’t have enough reserves to pay back e...
CDO destruction would save banks, unfreeze credit markets, and destroy investors worldwide
Alan Kohler, of Business Spectator, wrote an article A tsunami of hope or terror?. The article covers what will happen if more companies go under. The Breakdown: A synthetic CDO cataclysm could save the global banking system (with horrible consequ...
