Tag Archives: fdic
US Bank System Collapsing in Slow Motion
That’s the gist of the FDIC’s latest “problem list report,” as described in the Wall Street Journal. The number of “problem banks” on the FDIC’s list has reached a new high of 775 banks in danger of bankruptcy. To put that number in context that’s fully one-tenth of the banks in the United States. This [...]
Posted in economics Also tagged austrian economics, bankruptcy, federal reserve, inflation, problem banks, shadow stats, wall street journal Leave a comment
economic news and commentary for today
Gas prices, banking risk management, and new FDA regs: Related Posts:Nassim Taleb on Foreign Policy, Banking, and the Parodoxical Dangers of Stabilization ProgramsMessing with PakistanWhat Gary North Didn’t Tell You about InflationRepublican debate, 3: Ron Paul’s use of reasoning vs. Rick Perry’s attempt at physical intimidationinflationary disaster: why we’re not there yet and why we [...]
Posted in economics Also tagged bailouts, banking, chicago, fda, for your own good, gas prices, greed, july 2010, kathleen sebelius, nutrition information, regulation, risk management, the fed Leave a comment
inflationary disaster: why we’re not there yet and why we may be soon