Timothy Sumer

What happened to the Crypto Banks? Listen Here Music by @jtayloryds... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Crypto Bank Failures: My Take Over the past decade, the rise of cryptocurrencies has initiated the emergence of crypto banks, institutions that offer services akin to traditional banks but exclusively within the digital asset realm. While these banks present exciting opportunities, they also come with their fair share of risks and vulnerabilities. In recent years, we have witnessed several notable crypto bank failures, highlighting the potential pitfalls in this rapidly evolving industry. One of the main reasons for these failures is the lack of comprehensive regulations governing crypto banks. Unlike traditional banks, which operate under strict regulations and are subject to regular audits, crypto ...

The Australian's Washington Correspondent Adam Creighton says there is “doom and gloom” in the US as fears grow for a recession, with the cash rate continuing to climb. “There’s been lots of doom and gloom over here – the cash rate, the interest rate here – has gone from basically zero to 4.75 per cent in about 12 months, that’s a very rapid increase,” Mr Creighton told Sky News host Sharri Markson.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Title: Doom and Gloom in the US: Fears Rise for a Looming Recession Introduction: As the US economy continues to show signs of stress, concerns about an impending recession are intensifying. The "doom and gloom" sentiment has begun to cast a shadow over various sectors, with policymakers and economists closely monitoring the situation. This article delves into the underlying causes and ...

Sky News contributor Steve Price believes Australia is heading down the road towards a recession with inflation still high in the country. “This seems to have all developed really quickly in the last month or so,” Mr Price told Sky News host Sharri Markson. “You’re starting to hear a lot of evidence of people with six figures salaries … doing it really hard. “We are, I think, heading down the road to a recession and it just feels like it now may be inevitable.”... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing ‘We are heading down the road to a recession’: Concerns over Australia's economic future Australia, once celebrated for its robust economy and uninterrupted growth, is now grappling with the uncomfortable reality that it may be heading towards a recession. As the world deals with the ongoing COVID-19 pandemic, the Australian economy...

Australia’s latest consumer confidence figures suggest April was the weakest month since late 1990, which was the point Treasurer Paul Keating declared, “this is the recession Australia had to have”, says Sky News Business Editor Ross Greenwood.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Consumer confidence has taken a significant hit in recent times, with the levels dropping to the weakest points since the 1990s. The readings taken from the Westpac-Melbourne Institute Index of Consumer Sentiment have been dismal, showing a mere 89.6 points in May 2019. This sharp decline in consumer confidence has been causing a lot of concern in the industry, with many people worried about the impact it could have on the economy. The last time consumer confidence was this low was back in 1991, when former Prime Minister Paul Keating famously declared th...

ANU Crawford School of Public Policy Warwick McKibbin says central banks should prioritise dealing with the high "inflation shock" worldwide by increasing interest rates. "The financial parts of the Fed and other regulatory agencies need to deal with the financial instability at the same time but using different instruments," he told Sky News host Sharri Markson. "It's important if inflation isn't tamed now, the cost to the economy and low-income individuals will be far worse than the impact of higher interest rates for a shorter period."... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Interest rates, the cost of borrowing money, have been kept low for years by central banks around the world to stimulate economic growth in a post-financial crisis environment. However, with ri...