| The Liquidity Crunch predicted in our pages has now begun. The Fed was on a clear path towards tightening into economic weakness, very similar to what they did in the late 1970s and early 1980s during the stagflation era and also somewhat similar to what they did at the onset of the Great Depression. Former Fed Chairman Ben Bernanke even openly admitted that the Fed caused the depression to spiral out of control due to their tightening policies. This past week the US Bond's yield curve has been inverted, signaling a potential liquidity crunch. |
Silicon Valley Bank was the biggest bank failure since the 2008 Global Financial Crisis.
Sydney, Mar.19.– Silicon Valley Bank’s risky practices were on the Federal Reserve’s radar for more than a year — an awareness that proved insufficient to stop the bank’s demise.
The Fed repeatedly warned the bank that it had problems, according to a person familiar with the matter.
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Cáritas Polonia ha prestado ayuda a unos 2 millones de refugiados procedentes de Ucrania. En Polonia hay 32 Centros de Asistencia Permanente para Migrantes y Refugiados, que en 2022 prestaron ayuda a decenas de miles de personas procedentes de Ucrania. Hasta la fecha, los Caballeros de Colón han establecido ocho Centros de Misericordia en parroquias polacas.
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