The 4th U.S. Bank has collapsed in less than 2 months, as it was announced late Friday that First Republic, an FDIC bank, was being purchased by JPMorgan and PNC after a government seizure. The bank is headquartered in San Francisco, and is part of the Silicon Valley crowd with rich clients who have money deposited way above the FDIC insurance limits. So the bailout of wealthy Big Tech investors continues.
It's been over a week now since a bank has failed, but according to multiple sources, that does not mean that the banking crisis is over. In fact, many sources are reporting that bank runs are continuing, with a "second wave" of bank runs now going on. As we have previously reported, these modern-day bank runs are not always as noticeable today in the digital era, as you don't typically see people lining up at the banks to physically withdraw their money, as it all happens on the Internet. And while today depositors are rushing into Money Market accounts, once the smaller banks start failing again, expect to see more money exit bank accounts, such as into the FedNow CBDC accounts scheduled to come online this summer, as well as into commodities such as Gold and Silver. The rest of the world is, of course, noticing this, and some are beginning to trade with currencies other than the U.S. Dollar.
After a brief reprieve of declining bank evaluations yesterday (Thursday March 16, 2023) due to some of America’s largest banks stepping forward to provide an infusion of $30 billion for San Francisco's troubled First Republic Bank, considered the next FDIC bank about to collapse, the financial system took another hit today in the Stock Market as it lost confidence in the ability of the larger banks to step forward and bail out smaller banks. If anything, it appears more likely that the criminal banking cartel is about to consolidate their power by driving the smaller banks out of business. And in the midst of bank runs and declining bank valuations this week, the Corporate Media published reports about possible cyber attacks being launched by Russia, according to a "research report" published by Microsoft. Big Tech, which we previously reported is now controlling the country's infrastructure in Ukraine, is also mostly running the operations for the U.S. military today. So when you discuss private companies who receive $billions from the U.S. Government in defense contracts today, you need to add Microsoft, Amazon.com, Google, and Elon Musk's Starlink, and other tech companies to the list of traditional private defense contractors such as Lockheed Martin, Raytheon, Northrop, etc. If the U.S. Government cannot stop the bank runs and the collapse of the banking system, will they just turn to Big Tech to shut down the entire system, either by taking down the Internet or the electrical power grids, or both, and then blame it on Russia and use it as an excuse to start the World Economic Forum's "Great Reset" agenda?
While the Fed's move yesterday (Sunday, March 12th) to bailout depositors from the Big Tech banks that crashed in recent days may have prevented a stock market crash today, it did not stop the bank runs, and more than 30 banks halted trading at one point today. Most banking is done online now, so long lines at banks to withdraw funds are not something most are going to see these days. What is happening instead is that customers are withdrawing their funds from the riskier, mostly smaller banks, and putting them into larger banks that they believe are "too big to fail" because they believe the Fed will step in to prevent that. While this is quickly turning into a partisan issue with each side blaming the other, open up your wallet and look at the color of your federal reserve notes (known as U.S. dollars). They are GREEN, not blue, and not red. You "reap what you sow" is a fact of life, not only in agriculture (you can't plant corn and expect to harvest watermelons), but also in the financial world, and after years of corruption in the business world and financial markets, the time to reap the consequences seems to be upon us. America has prospered for too long off the backs of cheap labor outside the U.S. while investments and start up firms have become just as risky and worthless as gambling in Las Vegas, throwing money around as entertainment without producing anything of real value. This is a MORAL issue, not a political issue. The time to pay off our debts that we have immorally been ignoring for decades, no matter which political office has been in power, is now upon us it would seem.
Silicon Valley Bank became the second FDIC-insured bank to collapse in 3 days today. They are reportedly the 16th largest bank in the U.S., and the largest bank to collapse since the 2008 financial meltdown, and the second largest bank to ever collapse in the U.S. While it was still not the main headline news this morning in the corporate media, a glance at the headlines as I began to write this article shows that it is apparently now getting the headline news it should receive, as bank runs are starting, and some banks suspended trading today to stop the carnage. The Alternative Media is mostly still asleep, ranting and raving about new "Jan. 6 footage" and the Tucker Carlson show, or talking about the latest AI technology that is going transform everyone into transhumans and hack our brains. But this news about Silicon Valley Bank collapsing today has led to a dramatic drop in value in trading for ALL banks, and several of them reportedly suspended trading on the NYSE for a while today. Bank runs have also been reported across the country.
The corporate media is now widely reporting on this, and the entire banking sector took a huge hit today, losing $billions in valuation, $52 billion lost just with the four largest banks in the U.S. Bank runs and bank failures are no longer an "if," but simply "when." Which ones are next?
The news is moving fast now, with the report of Silicon Valley Bank (SVB) being in trouble, after Silvergate Bank announced yesterday that they were liquidating their assets and shutting down. A bank run has apparently just started at SVB, with reports that people cannot access their funds, and that their website is down. This is a developing story...
While we have not seen a total collapse of the worldwide financial system yet, bank runs that began in 2022 with the collapse of FTX and the $billions that were lost when depositors were not able to withdraw their funds, continue to happen here in 2023, although they do not get headline news coverage. Last week, Pam Martens, writing for Wallstreet on Parade, reported that bank runs were happening at Silvergate Bank, a U.S. FDIC insured bank. Credit Suisse, the second largest bank in Switzerland, which saw bank runs begin last fall, continues to see a mass exodus of depositors as its stock continues to fall here in 2023. It was also reported last week that Blackstone had defaulted on a $562 million bond, and was blocking investors from cashing out their investments at its $71 billion real estate income trust (BREIT). Unfortunately, this is probably just the tip of the iceberg in terms of bank failures and bank runs that await depositors, and I am not the only one saying that, as the U.S. and many European countries are now preparing for bank runs.
While the news reported today by the Rasmussen Poll revealing that nearly half of Americans are now stating that they believe the COVID-19 “vaccines” are responsible for "sudden deaths," and more than 25% saying that they believe they know someone who has died from the shots, is positive news at face value, it is also potentially bad news, because the Globalists know this also, and they know that they need to act quickly to cover up the impending financial collapse. I am republishing two articles that were just published regarding the potential imminent collapse of our financial system. In the first one, Jamie White of InforWars.com reports on a recent meeting of the Federal Deposit Insurance Corporation (FDIC) officials who seem to be preparing for this financial collapse and possible bank runs. He reports that the FDIC insures $9 TRILLION of bank deposits with only $125 billion worth of assets currently available. Keep in mind that we already saw one bank run in 2022 with the FTX blowup, where several cryptocurrency exchanges shut down and prevented people from withdrawing their funds. In the second article, Michael Bryant, writing for Off-Guardian, recaps how COVID-19 was a "global financial operation" that prevented the financial system from crashing starting in the 4th quarter of 2019. So something big appears to be coming here in 2023, which could be an expansion of war from the current conflicts happening around the globe right now, where they escalate to nuclear attacks, probably coordinated with bank failures.
