{"id":1040391,"date":"2023-03-28T05:30:42","date_gmt":"2023-03-28T05:30:42","guid":{"rendered":"https:\/\/www.counterpunch.org\/?p=277774"},"modified":"2023-03-28T05:30:42","modified_gmt":"2023-03-28T05:30:42","slug":"capitalisms-looming-crises-from-budget-debt-hyperbole-to-banking-disaster","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/03\/28\/capitalisms-looming-crises-from-budget-debt-hyperbole-to-banking-disaster\/","title":{"rendered":"Capitalism\u2019s Looming Crises: From Budget Debt Hyperbole to Banking Disaster"},"content":{"rendered":"<p>President Joseph Biden presented his third annual budget proposal at $6.8 trillion on Thursday, March 9. A day later Silicon Valley Bank (SVP), in Santa Clara, California, the nation\u2019s 16th largest, declared bankruptcy, followed days later by New York City\u2019s Signature Bank. A half dozen others faced similar and immediate disasters, brought on, as with  <a href=\"https:\/\/www.counterpunch.org\/2023\/03\/28\/capitalisms-looming-crises-from-budget-debt-hyperbole-to-banking-disaster\/\">More<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/2023\/03\/28\/capitalisms-looming-crises-from-budget-debt-hyperbole-to-banking-disaster\/\">Capitalism\u2019s Looming Crises: From Budget Debt Hyperbole to Banking Disaster<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.counterpunch.org\/\">CounterPunch.org<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.counterpunch.org\/2023\/03\/28\/capitalisms-looming-crises-from-budget-debt-hyperbole-to-banking-disaster\/\">CounterPunch.org<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>President Joseph Biden presented his third annual budget proposal at $6.8 trillion on Thursday, March 9. A day later Silicon Valley Bank (SVP), in Santa Clara, California, the nation\u2019s 16th largest, declared bankruptcy, followed days later by New York &#8230;<\/p>\n","protected":false},"author":274,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1040391"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/274"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1040391"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1040391\/revisions"}],"predecessor-version":[{"id":1040392,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1040391\/revisions\/1040392"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1040391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1040391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1040391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}