Economist’s “News and Views” Sunday 7-28-2024
Our Government Is Hiding That Banks Are On The Verge Of Failure
Atlantis Report: 7-27-2024
In today's financially uncertain times, the role of regulatory bodies in ensuring the stability of our banking system is more important than ever.
The Federal Reserve, charged with this significant responsibility, conducts annual stress tests on major banks to assess their ability to withstand economic downturns.
These tests are specifically designed to mimic adverse scenarios and assess the resilience of financial institutions.
However, recent events have raised doubts about the effectiveness and transparency of these evaluations. Despite reassurances from the Fed, the collapse of several banks revealed weaknesses in the system that were meant to be protected against.
This discrepancy between the results of stress tests and real-world outcomes has raised increasing concerns about the actual state of our banking sector.
Banks Know a Crash Is Coming, Most Powerful Indicator Is Signaling U.S. Recession – George Gammon
Kitco News: 7-27-2024
Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews George Gammon, an investor, macroeconomics expert, and host of The Rebel Capitalist Show. Gammon warns that the world’s most powerful economic indicator is signaling a recession.
He adds that the banking crisis is far from over, noting that we are just in “the middle innings.” Gammon shares his insights on the latest macro data & the Federal Reserve.
He also outlines his own economic outlook, giving a glimpse into what he is doing with his own portfolio, weighing in on Treasuries, gold, silver, and Bitcoin.
The Western Empire is in Its Final Days: "History is Repeating" | Martin Armstrong
Living your greatness: 7-28-2024
Armstrong draws striking parallels between today’s global crises and the ominous signs before the fall of the Roman Empire.
He warns that relentless debt, profit-driven wars, unchecked migration, and rampant corruption are priming Western nations for potential collapse.
He argues that precious metals and commodities could be the ultimate safe haven for investors amidst this turmoil.