APR fees on credit cards have never been higher, reaching an average of 24.92% as of September 2024 in the United States. In fact, credit card interest rates have...
Over the weekend, people have taken over a trend that had been going viral over writing fake checks to themselves and depositing it into their accounts by...
A new study by Florida Atlantic University believes that 94 separate US banks are facing a significant risk of bank runs. The at risk banks have all reported a 50%...
We have reached a critical crossroads in the world economy. May 7th, 2024, was a profound turning point that changed the course of events as they are...
A recent report by KBW Regional Banking Index (KBW) suggests that Comerica, Zions, and First Horizon are at risk of being acquired by greater competitors. Larger...
PRIVATE BLOG – Review of World Bank Shares Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please...
They do not care about all the side effects and the number of people who have died. This is all about maintaining their control and power. So get ready for...
PRIVATE BLOG – The Coming CBDC & Debanking Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more,...
I reported previously that a dealer I knew suddenly had his credit line closed. I have warned that besides banks preparing for the coming CBCDs closing local...
Moody’s has cut the credit ratings of ten small and mid-sized banks. The agency cited higher funding costs, rising interest rates, and increased risked due to the...