Monthly Archives: March 2023
Winter Returns; Good News Seems Scarce
We were enjoying spring when this wintry blast reminded us that there are still tough times ahead of us. At least we know spring will return.
A Travel Survival Pack or Get Home Kit
When you are out of town, you have to carry your survival supplies with you. Are you equipped to walk home after a disaster?
The Government Admits our Economy is in Trouble
By making SVB depositors whole, the government is tacitly admitting that our economy is on the verge of falling off a cliff and can't withstand a shock.
SVB Contagion Spreads to First Republic Bank
On Saturday, a line formed outside First Republic Bank in Southern California as depositors fearing its collapse lined up to withdraw their money.
Are Bank Closures a Sign of the Fall?
Will the banking system make a hard landing or a soft landing after the SVB closure? Are you prepared for whatever comes next?
More on SVB’s Last 48 Hours
Silicon Valley Bank saw first hand what happens when bank depositors and the financial markets panic.
Regulators Quickly Shut Down Silicon Valley Bank
The FDIC took over the 16th largest bank in the country after a run on deposits.
Did we Just Hear the Starting Gun for a Bank Run?
The banking sector just took a hit Thursday, losing tens of billions of dollars, and it could be the start in a race to the bottom.
More Snow, Rain and Flooding Headed to California
Another powerful atmospheric river is heading Towards California, this time heading for the central and northern part of the state.
Liars, Damn Liars, and Politicians
I don’t know if all politicians lie, or if all people in positions of power lie, but it sure seems that like all governments lie.