Month: October 2023

European economy stagnates rapidly because of high ECB interest rate. From 2013 to 2023 the interest rate has gone up from 0.75 to 4.75 this month. The interest rate of ECB starts to rise concern over euro zone economy. Borrowing cost of loans have sky rocket and many businesses have felt it paying off loans. The inflation has gone up and many business fail to pay their loan. Aa many economists see the risk of investing there are some who see the opportunity and wait for the perfect moment to make profit. ECB’s decision is to hold rates steady as inflation will slow down but all to the detriment of economic development. We had 10 consecutive hikes of interest rates and the ECB decision was to stop hiking interest rates…

As we know U.S. banks keep losing more then 73 billion dollars every month for the last 12 months. Many prediction may scare consumers and many have bean scared already of future banking crises and the rise of the interest rates. It raises serious question about the banking structure and the crisis that’s gone get worse. What's true behind all this is it intentional or incompetence there is no clear answer to this question. Why U.S. banks hold 3.3 trillion in cash and are we expecting a recession in 2024? There are so many open question and there are not a complete answer to all, but it all started with two regional banks Silicon Valley and Signature bank who failed. The reason those two banks have failed is that they…