A New World Order is Emerging as the Davos Banking System Collapses
With the collapse yesterday of the world's first SIFI (systemically important financial institution - "too big to fail") bank, Credit Suisse, the reality that the financial system of western culture is now on the brink of collapse is starting to sink in with Americans. While still not headline news in the American corporate media, financial headlines were notably pessimistic today, even with the stock market posting gains. The more dire outlooks are still being published as "opinion pieces," but it appears that more and more Americans are starting to face the reality that life as we have known it, is about to radically change. Here is an article that was featured on the Home Page of Market Watch for most of the day today, while the markets were open. And while it is listed as an "opinion" piece, it sure reads like a news article to me. "Opinion: The end of the ‘everything bubble’ has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks." The independent financial alternative media, without needing investors and editors' approval to print anything, was much more apocalyptic. Here are a few headlines from ZeroHedge News today: "The Banking System is On The Brink of Collapse," "This Financial Crisis Will Be Like None Other In History," "Nowhere To Hide In CMBS: CRE Nuke Goes Off With Small Banks Accounting For 70% Of Commercial Real Estate Loans." A New World Order is emerging, and it is NOT led by the Davos Crowd and the World Economic Forum.