Rumors are circulating that a systemically important bank may have failed overnight — allegedly tied to massive short exposure in silver. This is unconfirmed, but the mechanics behind how this could happen are very real and worth understanding. Silver surged, margin requirements were raised by the CME, leverage was forced out, and price collapsed violently. That’s not random price action — that’s what forced liquidations look like when derivatives markets unwind faster than liquidity can keep up
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Rumors are circulating that a systemically important bank may …
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Faulty brakes and unacceptable exhaust emissions contribute to the high National Car Test failure rates. Bad news for many drivers as seventy nine per cent of cars have failed the National Car Test. More than half of the vehicles that fail the NCT test have faulty brakes, and up to thirty per cent have unacceptable exhaust emissions. The National Car Testing Service has said that while these numbers were not unexpected, they predict that more cars will pass the NCT as Irish motorists become more
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