An esteemed professor and economist pointed out that persistent inflation, the impending economic recession and an imminent insolvency crisis in the banking sector is leading the U.S. into a “doom loop.”
Nouriel Roubini, an erstwhile economic advisor to the Clinton administration, outlined his findings in a March 30 commentary titled “The Coming Doom Loop.” His piece published on Project Syndicate noted that to solve the decade-high inflation and provide liquidity support, “the only solution is a severe recession – and thus a broader debt crisis.”
“A severe recession is the only thing that can temper price and wage inflation, but it will make the debt crisis more severe, and that in turn will feed back into an even deeper economic downturn,” wrote Roubini. Given that throwing more money into the economy will not prevent this “systemic doom loop,” he urged everyone to prepare for the upcoming “stag-flationary debt crisis.”
Moreover, the economist blamed the “current regulatory regime” allowing banks to treat securities and loans “at their face value rather than their true market value” for the impending collapse of the banking system. He noted that most U.S. banks are technically near insolvency, and that hundreds more are already fully insolvent. (Related: The death of the Dollar is coming sooner than expected – when it happens expect bank runs and closures, food scarcity, riots, high unemployment, and hyper-inflation.)
Roubini also discussed the “duration risk” principle in his March 30 commentary. Under this principle, higher inflation leads to “higher bond yields, which in turn would hurt stocks as the discount factor for dividends rose.” At the same time, “higher yields on ‘safe’ bonds would imply a fall in their price” – owing to the inverse relationship between yields and bond prices.
“This basic principle seems to have been lost on many bankers, fixed-income investors and bank regulators,” he lamented.
Inflation, rate hikes hit banks hard
“Making matters worse, higher interest rates have reduced the market value of banks’ other assets as well,” Roubini continued.
“If you make a 10-year bank loan when long-term interest rates are one percent and those rates then rise to 3.5 percent, the true value of that loan – what someone else in the market would pay you for it – will fall. Accounting for this implies that U.S. banks’ unrealized losses actually amount to $1.75 trillion, or 80 percent of their capital.”
The economist ultimately concluded that central banks cannot “fool” themselves any longer by continuing to believe that rate hikes could curb inflation – while using liquidity support to maintain financial stability at the same time.
The collapse of Silicon Valley Bank (SVB), Signature Bank and others caused depositors to become jittery. An initial surge of $129.3 billion in deposit outflows from all U.S. domestically chartered banks was recorded in the first week following SVB’s failure. This has since slowed down to $84 billion.
U.S. regulators believe that while the surge in withdrawals represents a stabilization in deposit outflows, there remains considerable uncertainty as to where things will go moving forward.
“What’s unclear for us is how much of these banking stresses are leading to a widespread credit crunch. That credit crunch … would then slow down the economy,” said Federal Reserve Bank of Minneapolis President Neel Kashkari. “This is something we are monitoring very, very closely”
Mohamed El-Erian, another noted economist, also pointed out that ongoing deposit outflow from regional banks definitely spells trouble. He warned: “This could become a big issue for local communities, regions and sectors that fear that their access to loans will be curtailed because their traditional banking partners will have to shrink their balance sheets after losing deposits.”
EconomicRiot.com has more stories about the economic collapse of the United States.
Watch Nouriel Roubini warn about the American economy facing a “perfect storm” on the Fox Business program “Maria Bartiromo’s Wall Street.”
This video is from the NewsClips channel on Brighteon.com.
More related stories:
- Top 25 US banks lose $89.7B after withdrawals surge following collapse of SVB and Signature Bank.
- IMF head warns: Risks to stability of global financial system have increased after recent upheavals across banking sector.
- Adapt 2030: David DuByne says America’s banking crisis is accelerating the rise of CBDCs – Brighteon.TV.
- Federal Reserve will keep increasing interest rates despite worsening banking crisis.
Sources include:
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
HyperBidenstagflation.