Economist’s “News and Views” Tuesday 7-30-2024
West Panic: Italy’s Meloni In Beijing For Desperate Reset, Russia Drops Major BRICS Update
Sean Foo: 7-30-2024
After breaking away from China's Belt & Road, Italy's Meloni is in Beijing to reset economic relations.
Rome follows more G7 countries trying to tilt towards China to hedge themselves against an unpredictable US election.
Meanwhile, Russia has dropped a big update. A major South-East Asian economy could be joining BRICS very soon.
35 TRILLION DEBT WALL: Historic National Debt Surges, US Pays $2.4 Billion in Interest Daily
Lena Petrova: 7-30-2024
WARNING: Banks May Not Survive This (what the experts aren’t telling you)
Taylor Kenny: 7-30-2024
New data reveals unprecedented levels of lending to banks, suggesting an alarming fragility within the sector. Despite reassurances of stability, the sudden surge in bank term funding and credit lending signals deep underlying issues.
As experts warn of a looming financial meltdown, the urgency to protect personal wealth has never been more critical.
Stay tuned as Taylor Kenney uncovers the stark realities facing our banking system.