Bank of Italy Bails Out Four Banks

The European banking crisis is brewing. Last month alone, the Bank of Italy poured €3.6 billion euros into Banca Marche, Banca Etruria (PEL.MI), CariChieti, and CariFeto to prevent their collapse. The money was funded by financing from healthy banks. This … Continue reading

Latest Posts

Moody’s US Downgrade AAA to AA1

Moody’s Investor Service downgraded the United States’ credit rating from a top-tier rating of AAA to AA1 due to rising government debt. Fitch Ratings lowered the US debt in August [...]
Read more

Biden Told Us He Had Cancer in 2022

The Biden family announced that Joe Biden is fighting an aggressive form of prostate cancer. The medical community is questioning if this diagnosis was well-known long before the announcement. Yet, [...]
Read more