Financial Fallout

19/10/2022

Here we go again!

Faltering home prices are hurting investors’ demand for junk-rated mortgage securities sold by housing giants Fannie and Freddie.

19/10/2022

Holy s**t! So, according to the Wall Street Journal on 10/17/22 the rate for a 30-Year Mortgage, fixed was at 7.22%; that's up 10 basis points from a week ago.

Crazy s**t!

03/10/2022

This is going to be interesting.

03/10/2022

https://www.wsj.com/articles/u-n-calls-on-fed-other-central-banks-to-halt-interest-rate-increases-11664809202?mod=hp_lead_pos2

The Fed’s rate increases so far this year would reduce poor countries’ economic output by $360 billion over three years, and that further policy tightening would do additional harm, a U.N. agency warns.

23/09/2022

22/09/2022

"Things will have to get worse so that they can get better," Saii said, taking drags from a cigarette at his convenience store in the Bekaa.

"When the state can't do anything for you and can't even provide a tiny bit of hope over what lies in store, then we're living by the law of the jungle."

"A growing number are taking matters into their own hands, exasperated by a three-year financial implosion that authorities have left to fester - leading the World Bank to describe it as "orchestrated by the country's elite"."

On the run from authorities after forcing a bank to release her family savings at gunpoint to treat her cancer-stricken sister, 28-year-old Lebanese interior designer Sali Hafiz insists she is not the criminal.

22/09/2022

I'm slowly getting the show added to more platforms.

It's up on Spotify, Amazon Music, Samsung Podcasts, Podcast Index, Listen Notes, RSS, Pandora, iHeartRadio, Stitcher, Deezer, Tune In, and Google Podcasts.

I'm waiting on approval from Apple Podcasts and Tune In.

I'll start producing the first few episodes here soon as well. I'll update Ya'll when they're getting ready to go live.

21/09/2022

"A woman held staff hostage at a bank in Lebanon's capital Beirut, demanding they let her withdraw frozen savings to pay for her sister's medical bills."

The second such incident in weeks comes as anger at restricted access to savings boils over.

21/09/2022

20/09/2022

19/09/2022

I'm getting pretty close to recording the show's debut episode. Just doing some final prep work on the episode's content, then I'll be ready to rock and roll! Once it's up on the platforms I'll post an update.

Also, it might be awhile before the show is up on iTunes. I'll update everyone once it's live.

16/09/2022

The show is live on Spotify, now! Go follow it! Share it with your friends!


https://open.spotify.com/show/7st6ZBMCYpQj6fY5mqtMxV?si=531c72e70ec047aa

Listen to Financial Fallout on Spotify.

13/09/2022

11/09/2022

https://rss.com/podcasts/financialfalloutpodcast/

Financial Fallout discusses turbulent times in financial history and their impact on society. We also discuss current economic and financial news.

10/09/2022

I just uploaded the trailer for the show. Ya'll check it out!



https://youtu.be/tCKc6iNq5Gs

Financial Fallout discusses turbulent times in financial history and their impact on society. We also discuss current economic and financial news.Coming soon...

06/09/2022

"By committing ourselves to monetary policy as the sole means of halting price rises, we have had to maintain interest rates at an artificially high level-stifling investment, expansion, and growth. And despite these high rates, prices have continued to rise."

— JFK, 1960

05/09/2022

https://twitter.com/unusual_whales/status/1566583151933231104?t=nux6c5eKxeUmLK5Q_TE4YQ&s=19

02/09/2022

https://twitter.com/RadioGenova/status/1565678451914326020?s=20&t=g2XOoGxhCJ6x_J4QjDp2KA

“People in Naples burn their energy bills and besiege the town hall: "We don't pay the bills! Now it will be chaos!" In Naples they don't joke.”

24/08/2022

23/08/2022

21/08/2022

This is only the beginning of what's to come. It seems we never learn the lessons of previous economic crises, because keep doing the same thing over and over again.

16/08/2022

The U.S. Housing Market is starting to correct itself...brace for impact!

14/08/2022