Etats-Unis : après la faillite de la Silicon Valley Bank, le secteur bancaire retient son souffle

par Mario Lettieri et Paolo Raimondi

[Source : Arianna editrice & ariannaeditrice.it]

Lorsque le système financier est écrasé par des bulles d'endettement, il est irresponsable d'emmener les banques sur des montagnes russes. C'est ce que la Réserve fédérale a fait hier et continue de faire aujourd'hui. Le résultat le plus évident est la faillite de la Silicon Valley Bank (Svb) à Santa Clara, en Californie.

Par Dmitry Orlov - Le 14 mars 2023 - Source Club Orlov

Les banques font faillite, les marchés financiers s'effondrent et la Fed s'apprête une fois de plus à intervenir et à ouvrir le robinet à liquidités en dollars. Alors que la précédente crise financière de 2007-2008 avait été causée par le risque de crédit (les prêts hypothécaires à risque regroupés en titres adossés à des créances hypothécaires toxiques, vous vous souvenez de tout cela ?) et le risque de défaillance du marché, celle-ci est causée par une crise des taux d'intérêt : la Fed a tenté de juguler l'inflation causée par sa gestion de la crise précédente en augmentant les taux d'intérêt plus rapidement qu'elle ne l'avait jamais fait au cours des quelque 45 années précédentes.

Par Moon of Alabama - Le 20 mars 2023

Warren Buffet :

« Ce n'est que lorsque la marée se retire que l'on découvre qui s'est baigné nu ».

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Les obligations du Credit Suisse augmentent en un week-end - 18 mars, 8:21 UTC - Bloomberg/Yahoo

L'un des principaux courtiers a coté les obligations du Credit Suisse à des niveaux qui étaient jusqu'à 6,5 points plus élevés que vendredi, selon une personne au courant de la question, qui a demandé à ne pas être identifiée pour discuter de l'activité privée sur le marché de gré à gré.

By Ron Paul, MD

Ron Paul Institute

March 21, 2023

The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB's collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on the edge of collapse until Bank of America, Citigroup, and other big banks agreed to jointly fund a bailout for it.

Investment in Financial Returns as a Abstract

Il n'y a pas de crise évitable dans le secteur des petites banques.

Par David Stockman - Internationalman.com -  Traduction Arrêt sur info

Pourquoi jeter l'éponge maintenant ? Nous faisons référence à la lutte tardive de la Fed contre l'inflation, qui présente peu de signes de réussite.

Pourtant, c'est ce que le troupeau de Wall Street réclame à cor et à cri.

A suivre sans panique.

L'agence de notation Moody a revu à la baisse ses perspectives pour le système bancaire américain, les faisant passer de "stables" à "négatives". Près de 200 banques américaines seraient confrontées à des risques similaires à ceux qui ont conduit à l'implosion et à la faillite de la Silicon Valley Bank selon diverses sources. [ASI]

Pourquoi la plupart des banques du monde sont-elles sur le point de s'effondrer.

By Doug Casey

International Man

March 18, 2023

You're likely thinking that a discussion of "sound banking" will be a bit boring. Well, banking should be boring. And we're sure officials at central banks all over the world today-many of whom have trouble sleeping-wish it were.

This brief article will explain why the world's banking system is unsound, and what differentiates a sound from an unsound bank.

By Jacob G. Hornberger

The Future of Freedom Foundation

March 18, 2023

The United States once had the finest monetary system in history. It was a system that the U.S. Constitution established. It was a system in which the official money of the United States consisted of gold coins and silver coins.

We often hear that the "gold standard" was a system in which paper money was "backed by gold." Nothing could be further from the truth.

By Alasdair Macleod

Goldmoney

March 18, 2023

Following the day-to-day twists and turns of a banking crisis can make us lose sight of the bigger picture. It is tempting to think that the banking authorities are in control, and they will secure the integrity of their commercial banking networks. Unfolding events may or may not prove this to be true.

The bigger picture is that the forty-year decline in interest rates is over, as well as the financial bubble that has built up with it.

The lockdowns and the stimulus required to keep the economy alive helped drive inflation. Then the Fed jacked up interest rates. And all hell broke loose.

By Christian PARENTI

On Friday March 10th, 2023, Silicon Valley Bank (SVB) died of Covid. Alright, it's a little more complicated than that, but Covid lockdowns followed by massive government stimulus were a critical - and massively under-acknowledged - factor in propelling the bank's demise.

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Economist Michael Hudson analyzes the collapse of Silicon Valley Bank, Silvergate, and Signature Bank, explaining the similarities to the 2008 financial crash.

In this discussion with Geopolitical Economy Report editor Ben Norton, Hudson also addresses the US government bailout (which it isn't calling a bailout), the role of the Federal Reserve and Treasury, the factor of cryptocurrency, and the danger of derivatives.

By David Stockman

David Stockman's Contra Corner

March 17, 2023

Why would you throw-in the towel now? We are referring to the Fed's belated battle against inflation, which evidences few signs of having been successful.

Yet that's what the entitled herd on Wall Street is loudly demanding. As usual, they want the stock indexes to start going back up after an extended drought and are using the purported "financial crisis" among smaller banks as the pretext.

By Ron Unz

The Unz Review

March 17, 2023

The rise of China surely ranks among the most important world developments of the last 100 years. With America still trapped in its fifth year of economic hardship, and the Chinese economy poised to surpass our own before the end of this decade, China looms very large on the horizon. We are living in the early years of what journalists once dubbed "The Pacific Century," yet there are worrisome signs it may instead become known as "The Chinese Century."

By David Haggith
The Great Recession Blog

March 17, 2023

Now that the Big Bond Bust has happened, as promised here, everyone wants to know how it happened. I want to know how on earth so many of them didn't know it was going to happen - especially those who were supposed to be watching for this... including the regulators who were actively causing it?

What follows are some of the reasons:

Their hubris