The Silicon Valley Bank collapse wasn’t unique, it was just first

Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era Submitted by Thomas Kolbe, A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...

Panics, Politics, & Power: America's 3 Experiments With Central Banks Authored by Andrew Moran via The Epoch Times, The Federal Reserve, established more than a century ago, is the United States’ third experiment with central banking. For much of its existence, the institution maintained a low public profile. Only after the 2008 global financial crisis did the Fed begin communicating more openly, introducing post-meeting press conferences and allowing monetary policymakers to engage more frequently with the media. Greater transparency, however, has brought greater scrutiny. Public sentiment toward the Fed and its leadership has fluctuated over...

Jim Snow 2.0: Mamdani Requires Snow-Shovel Volunteers Show Two Forms Of ID, Social Security Card With 2-3 feet of snow predicted to hit New York City and New Jersey, NYC Mayor Zohran Mamdani has called on New York residents to volunteer as emergency snow shovelers.  "You too can become an emergency snow shoveler. Just show up at your local sanitation garage between 8am and 1pm tomorrow with your paperwork," he said during a Saturday press conference before the city's first blizzard warning in nine years.  🚨 NEW: Zohran Mamdani Calls on New Yorkers to Shovel...