Banks Archives - Rethinking the Dollar

A Reckoning Looms for Commercial Real Estate—and Its Lenders

Dec 15, 2020 | Economic Collapse

Even as Covid-19 cases surge world-wide, the arrival of viable vaccines holds the promise of a return to something resembling normality by the middle of next year. But the commercial real-estate sector may never get back to normal, and that could spell trouble for...

Here Is Why The U.S. Economy Would Continue To Crash Even If All The Lockdowns Were Lifted Immediately…

May 4, 2020 | Economy

COVID-19 has created an enormous amount of fear, and that fear is doing far more damage to the economy than the actual virus is. In an environment of fear, financial institutions become a lot tighter with their money, and that inevitably causes economic activity...

The European Central Bank Is Being Stretched to Its Breaking Point in Italy

Mar 25, 2020 | Fiat Currency

When Mario Draghi’s tenure was approaching its end, I argued for a sterner governor for the European Central Bank (ECB); hence, I was not even slightly enthusiastic when Draghi’s successor turned out to be Christine Lagarde—a patent dove, as can be inferred from her...

As Everything Bubble Implodes, Frazzled Fed Rolls Out Fastest Mega-Money Printer Ever, up to $4.5 Trillion in Four Weeks

Mar 14, 2020 | Economy

Thursday early afternoon, during the chaos when the S&P 500 was down nearly 9%, what would turn into the worst single-day stock market sell-off since the 1987 crash, the Fed rolled out its fastest mega money-printer yet, after its smaller money-printers...

Two Charts Explain Why Wall Street Banks Are Under So Much Selling Pressure

Mar 7, 2020 | Economy

Yesterday, the Dow Jones Industrial Average of 30 large cap companies closed with a loss of 969.5 points or 3.58 percent. That was bad enough but the losses among the biggest Wall Street banks outpaced the Dow losses by a significant margin. Typically, JPMorgan Chase...