War & civil unrest: What could happen if the BANKS COLLAPSE Glenn doesn’t believe America’s recent banking crisis is the big one he’s been warning about…but that one still may be just around the corner. And the numbers he shares in this clip at least show that the big banks aren...
The high-speed collapse of SVB has cast light on an underappreciated risk within the system. When interest rates were low and asset prices high the Californian bank loaded up on long-term bonds. Then the Fed raised rates at its sharpest pace in four decades, bond prices plunged and the ban...
What Would Happen If the U.S. Economy Were to Collapse? If the U.S. economy were to collapse, you would likely lose access to credit. Banks would close. Demand would outstrip the supply of food, gas, and other necessities. If the collapse affected local governments and utilities, then...
In the lead-up to the Silicon Valley Bank collapse, the Federal Reserve and other central banks had been increasing interest rates as a way to fight global inflation. But after the failure of SVB, Signature Bank, and Silvergate Capital, the Fed's next rate increase was lower than expected ...
Inflation will spike because of the higher cost of imports and the printing of money, resulting in an overall accelerating collapse of the economy. What Would Happen to My 401(k) If the Dollar Collapses? If the dollar collapses, your401(k)would lose significant value. Exponential inflation wou...
» Learn more about how the SVB collapse affects you Bank failures generally happen to very few banks, though there can be spikes during and after a recession. Since 2001, there have been 566 bank failures, the majority occurring as a result of the 2007-2009 recession. For reference, ther...
It might seem almost churlish to wonder what would happen if Spain were to leave the euro. The official European position is that the battle of the euro has been pretty much won, and anyone who argues otherwise will be accused of being a euro hater, an Anglo-Saxon or, even worse, a ...
Historically, when a nation’s debt exceeds its ability to repay even the interest, it can be assumed that the currency will collapse. Typically, governments exacerbate the situation by printing large amounts of currency notes in an effort to inflate the problem away, or at least postpone it....
s capital rules do not require most banks to account for the falling price of bonds they plan to hold until they mature. Only very large banks must mark to market all of their bonds that are available to trade. But, as SVB discovered, if a bank wobbles and must sell bonds, ...
The winner was MB Financial, a $9 billion Chicago bank. The night of the takeover, all of Heritage Community's branches became MB banks. "It's almost as if nothing had happened," Pelley remarked to MB CEO Mitchell Feiger. "Almost nothing did happen," Feiger replied. "It's the same ...