Economist’s “News and Views” Saturday 4-27-2024
PROOF The U.S. Economy In Worse Shape Than We’ve Been Told
Atlantis Report: 4-26-2024
In a country that prides itself on openness and responsibility, a concerning reality has emerged: the actual state of the U.S. economy may be significantly worse than what official reports suggest.
Recent reports have raised concerns about the nation's financial stability. These reports have challenged the optimistic projections and cautious hope that have been dominant.
The warning signs are increasing and point toward an economy that could be on the edge of a crisis. This crisis could have far-reaching implications for both households and businesses.
Among the concerns are stagnant wage growth and skyrocketing consumer debt. With the November elections approaching, these reports have raised red flags and have severe economic implications.
Start Of Financial Crisis? Former FDIC Chief: Banks Are Still ‘Vulnerable’ | Thomas Hoenig
David Lin: 4-27-2024
Thomas Hoenig, former President of the Kansas City Fed (1991-2011), former Vice Chairman of the FDIC (2012-2018), and currently the Distinguished Senior Fellow at the Mercatus Center, says that the banking system is still "vulnerable".
Two days after the filming of this interview, regulators closed Philadelphia-based Republic First Bank on April 26.
Hoenig also discusses his outlook on the economy, inflation, and monetary policy.
*This video was recorded on April 24, 2024
1:30 - Banking sector still 'vulnerable'
12:30 - Bank run and financial collapse
14:50 - FDIC and cryptocurrency
18:05 - Inflation outlook
22:54 - Fed cuts this year?
24:10 - Why have a 2% inflation target?
28:39 - QE and inflation
29:54 - Fed policy and other central banks
31:50 - QT and asset prices
32:47 - Fed's forward guidance
36:00 - How Fed decisions are made
37:00 - Politics and the Fed
37:34 - Fed's performance in 2024
ALERT! Bank Failures Begin & as FDIC Hiding 1,000's of Insolvent Banks! GOT SILVER?!
(Bix Weir) 4-27-2024
The flood gates are open for the 2024 Global Banking Collapse! Republic First Bank just went belly up and the FDIC organized another stealth uninsured depositor bailout costing the Deposit Insurance Fund $667M.
There are Thousands of more banks in line to be shutdown before the end of the year so make sure you are OUT OF THE BANKING SYSTEM!