At the beginning of last week, everyone expected central banks to “tighten until something breaks”. By the end of the week it was clear that they’d already broken pretty much everything. Two middling US banks imploded, European mega-bank Credit Suisse finally died a well-justified death, and “who’s next?” speculation ran wild. And just like […]

The post And Just Like That, The Tight Money Era Is Over first appeared on Mark E. Jeftovic is The Bombthrower.

The Elites are bailing out their own banks, not yours. Once again, the government is picking winners and losers. Just like under lockdowns when they shut down small businesses and forced everybody into Costco and Wal-Mart.

The post Is your bank “important” enough to save? Don’t count on it. first appeared on Mark E. Jeftovic is The Bombthrower.