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US banks dropping like flies, threat to economy

US Rep. Ilhan Omar (D-MN) (L) talks with Speaker of the House Nancy Pelosi (D-CA) during a rally with fellow Democrats before voting on H.R. 1, or the People Act, on the East Steps of the US Capitol on March 08, 2019 in Washington, DC. (AFP photo)
The tremors from the loss of confidence in the banking system following the sudden collapse and seizure of Silicon Valley Bank (SIVB) by the FDIC on March 10 continue to be felt through the financial markets.GETTY
US bank failures are occurring at an unprecedented rate, worrying bank depositors and investors indicative of another financial crisis is on the horizon given the unstable state of the US economy.

Sounding the bell at the US stock market is symbolic of a stock market which is performing well; however, this is not a reflection of the US economy.

Warning signs of a stark future abound in the US banking sector.

Trading was halted in shares of two more US lenders.

Regulators had to step in after PacWest and Western Alliance shares plunged.

Although there was optimism in Wall Street after stocks in the banking sector jumped on Friday, following a good jobs report and strong Apple earnings, there are still fears and worries about the sector, compounded by the failure of four midsize banks since early March......more below

https://www.presstv.ir/Detail/2023/05/09/703047/US-bank-failures-occurring-at-unprecedented-rate-worrying-bank-depositors-and-investors-indicative-of-another-financial-crisis

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Pepe Escobar: Empire of Chaos, Reloaded

All warfare is based on deception. Hence, when able to attack, we must seem unable; when using our forces, we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near. Sun Tzu, The Art of War

The Empire of Chaos is relentless. Lawfare, destabilizations, sanctions, kidnappings, color revolutions, false flags, annexations: 2025 will be the year of BRICS – plus BRICS partners – as choice targets under fire.

Inestimable Prof. Michael Hudson coined “chaos” as official US policy. That’s bipartisan – and it runs across all silos of the Deep State.

In the absence of long-term strategic vision, and amidst the progressive imperial expulsion from Eurasia, all that’s left for the Hegemon is to unleash chaos from West Asia to Europe and parts of Latin America – a concerted attempt to Divide and Rule BRICS and thwart their collective drive affirming sovereignty and the primacy of national ...

NATO Troops May Be Ill-Prepared for Any Sort of Arctic War Against Russia

While NATO may be yearning to take on Russia in the Arctic, many of its troops lack the necessary expertise for survival in such extreme conditions.

Although NATO forces regularly participate in drills in the region, many remain unprepared for the harsh realities of Arctic life.

Though NATO forces routinely participate in the bloc’s drills in the region, many of them are still not prepared to survive in the Arctic’s harsh conditions, The Sun reports citing Minna Alander, a researcher at the Finnish Institute of International Affairs.

"Not all NATO allies have the capabilities that are needed and that work in the Arctic environment and climate,” Alander said.....more below

https://sputnikglobe.com/20250108/nato-troops-may-be-ill-prepared-for-any-sort-of-arctic-war-against-russia-1121386777.html

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