#globalfinancialsystem — Public Fediverse posts

Gold isn’t a superior system — it’s a desperate fallback for a world in which the people who were in charge of the superior system abdicated their duties.

@noahpinion #GlobalFinancialSystem #Dollar #Gold #America #China
https://www.noahpinion.blog/p/international-financial-anarchy

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance - According to U.S. Treasury Secretary Janet Yellen, the United States government is... - https://news.bitcoin.com/treasury-secretary-yellen-says-us-government-will-take-any-steps-necessary-to-preserve-its-financial-dominance/ #globalfinancialsystem #de-dollarization #russiasanctions #janetyellen #ussanctions #greenback #finance

#Monetary Tightening and U.S. #BankFragility in 2023: Mark-to-Market Losses and #Uninsured #Depositor Runs? https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4387676 "We analyze U.S. banks’ asset exposure to a recent rise in the #InterestRates with implications for #FinancialStability #GlobalFinancialSystem #SystemicRisk #UnisuredDebt #SVB Us #BankingSystem

Everything everywhere all at once: responding to #multiple #GlobalShocks Speech by Fabio Panetta, Member of the Executive Board of the #ECB, at a panel on “Global shocks, policy #spillovers and geo-strategic risks: how to coordinate policies” at The ECB and its Watchers XXIII Conference https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230322_2~af38beedf3.en.html #FinancialStability #GlobalFinancialSystem #SystemicRisk #spilloveres #GobalShocks #BankLoans #MonetaryPolicy

#CreditSuisse, the #beleaguered #Swiss #banking giant, has agreed to a takeover by Switzerland’s largest bank, #UBS — a move aimed at staving off immediate concerns of a #disorderly #bankruptcy and stemming #panic about #global #financial #turmoil. #FinancialStability #GlobalFinancialSystem #SystemicRisj #GSIB #FinancialCrisis #FinancialRegulation #CentralBanks https://www.washingtonpost.com/business/2023/03/19/ubs-credit-suisse-deal/

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal - After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs fro... - https://news.bitcoin.com/ubs-considers-acquiring-credit-suisse-requests-government-backstop-in-deal/ #globalfinancialsystem #acquisitionfinancing #shareholdersmeeting #financialstability #regulatoryapproval #politicalbacklash #swissnationalbank #creditsuissebank #potentialmerger #riskmanagement #unnamedsources #creditsuisse

Americans 'frustrated' by financial system inequality, 20% own crypto: Survey - Crypto ownership among U.S. adults has remained steady over the l... - https://cointelegraph.com/news/americans-frustrated-by-financial-system-inequality-20-own-crypto-survey #globalfinancialsystem #financialsystem #morningconsult #investors #coinbase #survey #crypto

🎧 #TheEzraKleinShow #podcast has an amazing interview with #KatharinaPistor @KAPistor about the key concepts from her book The Code of Capital:
- how the legal framework of #capital was created
- what capital actually means
- the legal underpinnings of the #GlobalFinancialSystem
- how the #LegalFramework enabling #securitization led to the #FinancialCrisis
- and so much more, definitely worth your time and attention.

The book itself is a must-read as well.

https://open.spotify.com/episode/2apjfuu6OqO4QFumm70ORc?si=hn4on5_rRuK-9_rWiQFxxg

Casting Stones From a Glass House: Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy - The Chinese embassy in Zambia denounced the United States over its debt limit and ... - https://news.bitcoin.com/casting-stones-from-a-glass-house-yellens-comments-on-zambias-debt-restructuring-draw-criticism-from-chinese-embassy/ #internationalrelations #chinesecommunistparty #extraordinarymeasures #globalfinancialsystem #internationalfinance #situmbekomusokotwane #us