“Overall, these calculations suggest that recent declines in bank asset values very significantly increased the fragility of the U.S. banking system.” No fire without a spark Unrealized losses aren’t reflected on banks’ balance sheets due to an accounting practice where assets are h...
One example that he gives was the conglomerate boom of the 1960s. Big companies started to acquire undervalued companies with bonds, debentures or convertibles (often diluting shareholders in the process). That meant that the earnings per share of the companies increased and the price of the con...
and other social institutions across the western world. Unless responsible people in those countries wake up and bring these psychotics to account, the “invisible genocide” that has been happening with collapsing birthrates in those countries will expand to cut down those who are living. ...
Russia's war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio BYJason Ma December 22, 2024 1 day ago Success Warren Buffett once said 'a house can be a nightmare if the buyer’s eyes are bigger than his...
there will be a resurgence of the virus and a renewed lockdown or a series of renewed lockdowns until we find a vaccine. In this case, one must assume that significant and lasting damage to the economic fabric with lots of bankruptcies, corporate debt fall-outs, and so on will have h...
Joe Brusuelas, chief economist at RSM, said in the event of a “large economic downturn,” the federal government should create a special lending facility that would provide financing directly to small and medium-sized businesses. The goal would be to minimize layoffs and bankruptcies. “We’...