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Panic of 1907 – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Sun, 02 Apr 2023 17:30:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Panic of 1907 – DIGIT INFO https://www.digit.info 32 32 ‘Big Short’ Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates ‘BTFD Generation’ https://www.digit.info/big-short-investor-michael-burry-says-he-was-wrong-to-advise-selling-congratulates-btfd-generation/ Sun, 02 Apr 2023 17:30:47 +0000 https://www.digit.info/2023/04/02/big-short-investor-michael-burry-says-he-was-wrong-to-advise-selling-congratulates-btfd-generation/ Read more]]> 'Big Short' Investor Michael Burry Says He Was Wrong to Advise Selling; Congratulates 'BTFD Generation'Famed “Big Short” investor Michael Burry tweeted Thursday, telling his 1.4 million followers, “I was wrong to say sell.” The tweet follows Burry’s warning for months that the U.S. was headed for an “extended multi-year recession” and his decision to dump all of his stocks but one in August 2022. Burry: ‘I Was Wrong to […]

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‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’ https://www.digit.info/panic-of-2023-james-corbett-explains-how-bank-crisis-could-lead-to-cbdc-nightmare-of-total-monetary-control/ Fri, 31 Mar 2023 20:04:57 +0000 https://www.digit.info/2023/03/31/panic-of-2023-james-corbett-explains-how-bank-crisis-could-lead-to-cbdc-nightmare-of-total-monetary-control/ Read more]]> Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signature Bank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable and bleak, technocratic surveillance future leveraging central bank digital currencies (CBDCs) should nothing be […]

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Burry on Banking Crisis, Kiyosaki Warns of ‘Fake Money’ Injections; Talk of ‘Anti-Crypto’ Agenda Behind Signature Bank Collapse — Week in Review https://www.digit.info/burry-on-banking-crisis-kiyosaki-warns-of-fake-money-injections-talk-of-anti-crypto-agenda-behind-signature-bank-collapse-week-in-review/ Sun, 19 Mar 2023 11:30:05 +0000 https://www.digit.info/2023/03/19/burry-on-banking-crisis-kiyosaki-warns-of-fake-money-injections-talk-of-anti-crypto-agenda-behind-signature-bank-collapse-week-in-review/ Read more]]> 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 […]

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Michael Burry Compares Current Banking Turmoil to Panic of 1907 — Highlights Markets Bottoming https://www.digit.info/michael-burry-compares-current-banking-turmoil-to-panic-of-1907-highlights-markets-bottoming/ Thu, 16 Mar 2023 04:20:06 +0000 https://www.digit.info/2023/03/16/michael-burry-compares-current-banking-turmoil-to-panic-of-1907-highlights-markets-bottoming/ Read more]]> Michael Burry Compares Current Banking Turmoil to 1907 Panic — Highlights Markets BottomingMichael Burry, a hedge fund manager renowned for predicting the 2008 financial crisis, has drawn parallels between the current banking turmoil and the Panic of 1907. He noted that three weeks after J.P. Morgan made a stand, the panic was resolved and the markets bottomed. “A stand was made this past weekend,” the famous investor […]

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As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created https://www.digit.info/as-the-fed-turns-109-years-old-the-us-dollars-purchasing-power-eroded-by-more-than-96-since-it-was-created/ Sun, 25 Dec 2022 19:30:56 +0000 https://www.digit.info/2022/12/25/as-the-fed-turns-109-years-old-the-us-dollars-purchasing-power-eroded-by-more-than-96-since-it-was-created/ Read more]]> 109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After the Creation of the […]

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The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System https://www.digit.info/the-eerie-similarities-of-todays-great-monetary-shift-and-the-panic-led-creation-of-the-federal-reserve-system/ Sat, 09 Apr 2022 18:30:05 +0000 https://www.digit.info/2022/04/09/the-eerie-similarities-of-todays-great-monetary-shift-and-the-panic-led-creation-of-the-federal-reserve-system/ Read more]]> While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has increased. The preceding years filled […]

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