Rethinking the Dollar

The new film "Leave the World Behind" uses predictive programming, which has the internet abuzz with all sorts of potential outcomes. Are they trying to warn us?

The Bank Term Funding Program (BTFP) offers U.S. depository institutions, like credit unions, a new liquidity option by allowing full-value borrowing against eligible securities without haircuts, featuring competitive rates and flexible prepayment terms. It ends on March 11, 2024 and then what?

Argentina's incoming Foreign Minister Diana Mondino says the country will not join the BRICS grouping of developing nations in a post on social media X on Thursday. After a visit to the USA he might be singing a different tune.

PNC, America's sixth-largest bank, to close 19 more branches in February 2024, raising concerns. Other banks, including Wells Fargo and Bank of America, also closing branches. In 2022, a total of 3,000 bank branches have closed nationwide. At the pace of all these bank closures and subsequent job layoffs it's no way the banking model is completed rehauled by the end of 2024. We are in for a real financial worlwind.

Join us for the next episode of M2 Money Show on Friday at 12pm ET. Introduce a topic for discussion and share your thoughts on it. Visit rethinkingthedollar.com for the most recent news updates.

As Mayor Muriel Bowser announces National Guard support for the March for Israel, D.C. is on alert for tens of thousands of attendees. This march, but really a rally at the National Mall, raises concerns about counter-protests and traffic disruptions amid rising tensions and security concerns.

The U.S. government's recent struggle to sell $24 billion in 30-year debt highlights a worrying trend of decreasing international confidence and reliance on primary dealers. With a plan to borrow an additional $1.5 trillion in the near future, rising interest rates could spell disaster for both the U.S. and the global economy.

In an age where digital wallets are becoming the norm, overshadowing traditional banking systems, we're treading on thin ice. Picture this: 66% of Americans are expected to shift to digital identity wallets by 2023, but are we ready for the cyber risks that follow? The recent cyberattack on MR Cooper, America's third-largest mortgage servicer, is a grim reminder of our vulnerability in this digital transition.

The bond market's volatility threatens to plunge the economy into chaos, far beyond the fears of a mere recession. As interest rates are driven up by bond vigilantes, we're teetering on the brink of a full-scale depression that will hit banks, the stock market, and the housing sector, dragging everything down to a stark financial reality.

Join us for the next episode of M2 Money Show on Friday at 12pm ET. Introduce a topic for discussion and share your thoughts on it. Visit rethinkingthedollar.com for the most recent news updates.