Burry on Banking Crisis, Kiyosaki Warns of 'Fake Money' Injections; Talk of 'Anti-Crypto' Agenda Behind Signature Bank Collapse — Week in Review
Speculation and debate continue to rage surrounding the current global banking debacle. Hedge fund manager Michael Burry — known for predicting 2008’s economic crisis — is drawing comparisons to the Panic of 1907, while Rich Dad Poor Dad author Robert Kiyosaki warned this week of more ‘fake money’ being injected into the U.S. economy. In related news, former member of the U.S.
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has reiterated his bitcoin, gold, and silver recommendation. Emphasizing that government bailouts have begun following the collapses of Silicon Valley Bank and Signature Bank, Kiyosaki warned that the Fed will inject more “fake money” into the “sick economy.
Credit Suisse has experienced a loss of confidence in the financial institution’s health following a significant drop in its shares’ value this week. Over the past five days, Credit Suisse shares have fallen 24.34% against the U.S. dollar, eroding trust amid fears about the global banking system. On Wednesday at around 9 p.m. , Credit Suisse announced that it was strengthening its liquidity by borrowing 50 billion Swiss francs from the Swiss National Bank .
Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature board member, explained that he was surprised by the financial institution’s demise.
The only viable solution to this global banking debacle is a comprehensive and well-thought-out plan that puts the interests of citizens first. Bailout SignatureBank
XircusWEB3 is the perfect platform for building decentralized apps that run on the blockchain With its unique consensus algorithm, you can create apps that are fast, secure XircusWEB3 nft web3 BUIDL Cryptocurrency NFTMarketplace DeFi dApps
The bears and shorts desperately fighting to push bitcoin below $27k but it just keeps bobbing back up.
Perfect, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!
cb
Brilliant, but using ChiefraFba for signals and analysis
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: politico - 🏆 381. / 59 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: fox32news - 🏆 547. / 51 Read more »
Source: nypost - 🏆 91. / 67 Read more »
Source: Reuters - 🏆 2. / 97 Read more »