US Banking sector trends, and crisis? -part2

Here is a very informative video presentation on US Banking sector by by Jonah Ford, Senior Analyst for Greenrush Capital Management, LLC. The video covers US balance of payments, and the health of economy and finances in general. As you will see from the numbers (all taken from public websites, including US Federal Reserve) and analysis – the situation looks very difficult.

The video shows the US economy is losing assets, about 5 billion a week. The key questions are:

1. How much money does the Fed have to support the banks that need the money to support the assets?
2. where is all the money going? And how much is the Feb willing to pump and support?
3. Are we due for a substantial correction in the S&P?

One of the points to note is that growth of the money supply is neither a consequence or cause of economic growth.

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