Dave Kranzler Asks:  Is 2008 unfolding All Over Again? The Federal Reserve’s high interest rate policy is destabilizing the banking system.  The Fed deceived by manipulated economic reports is raising interest rates to fight inflation.  The higher interest rates are causing withdrawals from banks where interest rates on deposits are still about zero and very negative in real terms.  To…

Possibility of Bank Contagion Lingers First Republic stock down 65% amid fears of regional bank contagion  https://finance.yahoo.com/news/stock-market-news-today-live-updates-march-13-2023-114351107.html  Treasury yields are falling as depositors fleeing banks seek a safe haven.  The demand for US Treasuries is driving up the bond prices, thus reducing the yields.   Two things are necessary to restore confidence in banks.  One is to remove the $250,000…

Michael Hudson Agrees with me why the US banking system could break apart I repeatedly warned that the higher interest rates were a danger not a cure. The Fed can reverse course.  But what will the Fed do if there is a run on the dollar? https://www.globalresearch.ca/why-us-banking-system-breaking-up-michael-hudson/5811823