Economics

Silicon Valley Bank Failure Highlights Dangers of Fractional-Reserve Banking

After the failure of Silicon Valley Bank (SVB), a great deal of Americans… More…

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Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes

Federal Reserve Chairman Jerome Powell has warned that “the… More…

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Central Banks Continue to Show Strong Demand for Gold in 2023, Says World Gold Council Report

Central banks show continued demand for gold in 2023, as per a recent… More…

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Bitcoin Miners Brace for Another Projected Difficulty Increase as Hashrate Heats Up Amid Market Uncertainty

Despite a 9.95% increase last week and the all-time high difficulty,… More…

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Bank of America Expects the Fed to Keep Hiking Rates Until ‘Point of Pain’ for Consumer Demand

Bank of America has warned that the Federal Reserve will have to keep… More…

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Robert Kiyosaki Says World Economy on the Verge of Collapse — Warns of Bank Runs, Frozen Savings, Bail-Ins

The famous author of the best-selling book Rich Dad Poor Dad, Robert… More…

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Billionaire ‘Bond King’ Jeffrey Gundlach Warns of ‘Painful Outcomes’ in Next Recession

Billionaire Jeffrey Gundlach, aka the “Bond King,”… More…

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US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

On Tuesday, all four major U.S. benchmark stock indexes fell as real… More…

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Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar

Andy Schectman, CEO of Miles Franklin Precious Metals Investments,… More…

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Economist Warns the Fed Can’t Reach Inflation Target Without ‘Crushing’ US Economy

Economist Mohamed El-Erian, Allianz’s chief economic advisor… More…

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