Today on Insight, John and Josh Rosenstern discuss the Silicon Valley Bank crisis on March 8th. The March 6th FDIC report disclosure of government bonds, and the lending pattern of banks, and the effects of interest rates going up, and bond prices drop. There were some 680-billion in losses disclosed across the board; disclosing bad management across the board. Brother John says banks should have been aware of their bond values dropping and capital being skewed; however, many banks ran out of liquidity, which triggered a panic, causing a bank run, where people began withdrawing their money by the billions.
Up Next in 2023
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Insight - Mar. 10th, 2023
Are we going to look to God or the government to solve our country’s problems? Today on Insight, John and Josh Rosenstern discuss the growing disconnect between the radical politicians and the desires of the American people. The solution to the problems in Washington can only be found in the Word...
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Insight - Mar. 9th, 2023
Today on Insight, John Rosenstern warns of an era of big government on the horizon as banks show concerns for investors. The recent warning includes three risks expected to continue to increase: higher government debt, higher wage costs, and higher credit costs. The FDA declares its support for a...
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Insight - Mar. 8th, 2023
Today on Insight, John and Josh Rosenstern discuss Christian street preacher, David McConnell's experience after being arrested and convicted for “harassment" while preaching in the United Kingdom in June 2021. His preaching quoted the Word of God, as he read verses that apply to creation, stati...
