Tag Archive for Financial Collapse

Global Economics, Global financial crisis, Gold, Investing, News, Silver

Crisis? Banking Holiday in Panama Announced! Bail-in’s Next?

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By Randy Hilarski 26 September 2013  This morning the National Bank of Panama announced that it was suspending all services until Tuesday the 1st of October. The National Bank of Panama says that the reason is to upgrade systems. The Banking Holiday in Panama was announced this am. This system wide shutdown has country wide implications. The National Bank…

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Federal Reserve, Global financial crisis, Zero Hedge

The Credit Bubble Is Not Only Back, It Is 94% Bigger Than In 2007

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If the Fed was worried about ‘froth’ in the markets earlier in the year, then this chart should have them panicking. Of course, as Jim Bullard noted Friday, there is no bubble because everyone knows there is no bubble [7] but judging by the massive surge in covenant-lite loan issuance, there is a bubble in forced demand for…

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