Robert Kiyosaki Warns: Brace for Worsening Banking Crisis, War, CBDC Surveillance

Robert Kiyosaki Warns: Brace for Worsening Banking Crisis, War, CBDC SurveillanceRich Dad Poor Dad author Robert Kiyosaki has warned investors of an escalating banking crisis, increasing threat of war, and the potential use of central bank digital currencies (CBDCs) for surveillance purposes by central banks. “Central banks will push for CBDC … to SPY on us,” he cautioned. Robert Kiyosaki on Banking Crisis, War, CBDCs […]

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Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem

Billionaire Bill Ackman on US Banking Crisis: We Are Running out of Time to Fix This ProblemBillionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?” he stressed, adding that “We need a systemwide deposit guarantee […]

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Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as Concerns Over US Banking Crisis Grow

Fed Reveals 722 Banks Reported Unrealized Losses Over 50% of Capital as US Banking Crisis EscalatesThe U.S. Federal Reserve has revealed that 722 banks reported unrealized losses exceeding 50% of their capital at the end of the third quarter of 2022. “Rising interest rates are creating significant unrealized losses in investment securities and in some cases depressing tangible equity,” according to the Fed’s Division of Supervision and Regulation. 722 Banks […]

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