This compilation of financial-related insights includes videos from Wall Street Silver, Steven Van Metre, The Atlantis Report, and Lena Petrova.
Peter St Onge on Wall Street Silver talks about Canada’s proposal for Universal Basic Income.
Steven Van Metre talks about political elites not understanding why Americans are miserable despite claims of a booming economy.
The Atlantis Report shares news of banks being done as the Federal Reserve sells everyone to BlackRock.
Lena Petrova reports on the military industrial sector recording a backlog of $778 billion as multiple geopolitical crises escalate.
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Wall Street Silver
Dec 27, 2023
In this video, Peter discusses the proposal of Universal Basic Income (UBI) in Canada and speculates about its potential introduction in the United States. Peter compares this potential situation to historical examples of welfare schemes and expresses concerns about the economic and social implications of UBI. Peter also mentions the arguments about the inefficiency and unproductivity of UBI, citing data on employment and behavior of those receiving similar benefits.
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Steven Van Metre
Dec 27, 2023
Political Elites Can’t Understand Why Americans Are So Miserable Despite Claims of a Booming Economy
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The Atlantis Report
Dec 27, 2023
US banks are grappling with a looming threat on their balance sheets, amounting to a collective risk of at least 650 billion dollars. However, rather than detonating, this financial time bomb is expected to be disarmed.
The banking sector, already shaken by five bank failures this year, is now contending with the consequences of acquiring trillions of dollars in low-yielding Treasury bonds before the onset of the Federal Reserve’s assertive interest rate hike. As the Fed initiated rate hikes, bond prices, inversely related to yields, have sharply declined, causing the value of these holdings to plunge.
In the ever-evolving landscape of global finance, recent developments suggest a seismic shift in the dynamics of the banking industry. The Federal Reserve’s actions, coupled with market responses and the strategic moves of financial giants like BlackRock and Blackstone, paint a narrative of uncertainty, challenges, and potential transformation.
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Lena Petrova, CPA – Finance, Economics & Tax
Dec 27, 2023
Military Industrial Sector Records $778 Billion Backlog As Multiple GEOPOLITICAL Crises Escalate
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