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Janet Yellen

New report shows foreign banks have secret derivative debt that’s ’10 times their capital’

By Pam Martens and Russ Martens: December 6, 2022 ~ Janet Yellen, US Treasury Secretary United States Treasury Secretary Janet Yellen has the dual role of chairing the Financial Stability Oversight Council (F-SOC), whose role is to provide “comprehensive oversight of the stability of the financial system of our nation”. The heads of each of …

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Personal finance: We've met the enemy, and it's not the recession |  Chattanooga Times Free Press

Personal finance: We’ve met the enemy, and it’s not the recession | Chattanooga Times Free Press

“Your money is like a soap bar. The more you handle it, the more it diminishes.” — Economist Eugène Fama The Federal Reserve’s necessarily vigorous response to persistently high inflation has increased the likelihood of a recession in the next 12 months if it has not already begun. For many investors, the instinctive response to …

Personal finance: We’ve met the enemy, and it’s not the recession | Chattanooga Times Free Press Read More »