US Bancorp to default?
Credit Default Swap (CDS) for the US Bancorp, number 5 of the largest American banks, has risen historically high after a short spring cooling. CDS is a kind of insurance…
Putin – on the de-dollarization of the world economy
Cardinal changes are taking place in the international financial sphere. And I would like to note with satisfaction that Russia manages not only to adapt, but also to become one…
India: Another Demonetization?
TUESDAY, MAY 23, 2023 – 06:40 AM Authored by Jayant Bhandari In late 2016, the Indian Prime Minister, Narendra Modi, came on TV at 8 pm to announce that most…
US Banks lose a TRILLION dollars in deposits, replace with borrowings
The first bad news is that 50% of the US banks have more liabilities than assets. But here comes more… One may say now that deposits are liabilities as well…