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Series: Defining Key Biblical Concepts - The KIV translates koinonia as “communion” four times. However, the KJV actually prefers the word “fellowship,” which it uses 12 times. The word refers to an association or community, partnership, participation, the share which one... Read More
Many are expecting Credit Suisse to collapse by Monday. The Swiss National Bank's $54 billion credit line (bailout) earlier this week has already failed. UBS has offered to buy it out for just $1 billion (25 cents per share), and the alternative seems... Read More
Series: Defining Key Biblical Concepts - In 2 Kings 3:11 we read, 11 But Jehoshaphat said, “Is there not a prophet of the Lord here, that we may inquire of the Lord by him?” And one of the king of Israel’s servants answered and said, “Elisha the son of Shaphat is here, wh... Read More
https://www.zerohedge.com/markets/fed-balance-sheet-explodes-300bn-bank-bailouts-lead-record-discount-window-surge In the week ended March 15, borrowings under the Fed's deeply stigmatizing last-ditch liquidity facility, the Discount Window, exploded to $... Read More
Yesterday, March 16, Credit Suisse was bailed out by the Swiss National Bank with a loan of nearly $54 billion. https://www.forbes.com/sites/siladityaray/2023/03/16/credit-suisse-borrows-54-billion-to-shore-up-liquidity-after-shares-touch-record-low/?sh=5... Read More
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