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JP Morgan Head: The Banking Crisis Is Not Over
Most people in the mainstream seem to think that the recent bank bailout plugged the crack in the dam and stabilized the banking sector. But one big bank boss disagrees. In an annual letter, JP Morgan Chase CEO Jamie Dimon said that the banking crisis isn’t over and that we will feel its repercussions for […]

Peter Schiff: The Fed Flunked It’s Own Stress Test
In the aftermath of the failure of Silicon Valley Bank and Signature Bank, many rushed to blame their demise on a lack of regulation. In particular, they focused on the fact that these banks were not required to undergo a Federal Reserve stress test. Indeed, small and midsize banks are exempt from the stress test […]

If It Looks Like a Bailout and Walks Like a Bailout It’s Probably a Bailout
As the old saying goes, if it looks like a duck, walks like a duck, and quacks like a duck, it’s probably a duck. Well, if it looks like a bailout, walks like a bailout, and talks like a bailout, it’s probably a bailout.

Peter Schiff: The 2023 Financial Crisis Has Begun!
As we start to sort through the fallout of the failure of Silicon Valley Bank and Signature Bank and the government’s reaction to it, the next question is: what’s next? Government officials and mainstream pundits insist everything is fine now. They say quick government action averted a crisis. But in his podcast, Peter Schiff said […]

Peter Schiff: This Is a Financial Crisis
A lot of people in the mainstream still insist this isn’t a financial crisis like we saw in 2008. They say this is just a self-inflicted shutdown of the economy. Since we decided to shut it down, we can decide to start it back up again. Peter Schiff begs to differ. In his podcast, he […]