Are Banks going Belly Up?

[pueblo]

Caveat: Totally unverified! Could well be a deep fake.

Biden discussing imminent banking collapse.

[Merkaba360]

The idea of a "non-profit" crypto not for investing is interesting. Trying to think how realistic that is and how it would work. I guess harder to get someone motivated to create the code for it and bother to maintain it.

I guess if it was only used for certain necessities, it may limit the desire of big whales to want to accumulate its tokens. Once you have enough tokens for free meals for life, what good would it be to collect more unless you are spending them for family and friends if that is allowed. If they can't be traded, it would deter investors, but could they be gifted.

I'm no economics mind, so I'm curious how such a currency would thrive if removing a lot of the attraction to it. Can anyone elaborate more on how this would work?

Would lower to middle class people want to use such a coin to support those classes , and reduce support for the games of the rich and investor class? I just awoke from a nap recently, so my thinking is probably slow. lol I'm just trying to think if we can somehow use this to support economics of need instead of greed.


As for the comments that said they saw a trend of taking ownership over our bodies by patenting DNA modified bodies, etc. Don't they have to keep the masses ignorant on these things for them to work. I mean if everyone was aware that our bodies are all owned, the populace should be able to nullify those laws. Its kind of like if say the chinese some how bought up 100% of U.S. land, it would never get that far unless we somehow didnt notice. Who would tolerate that. If they 100% owned our bodies (those who are vaxxed), wouldnt that be obvious thru the court cases and the economic games the owners are doing to profit from that. Maybe im missing something , but seems like wasted effort to legally own every human body to just ignite a revolution that now targets patenting, and thus bans the ability to patent many more things.

Without our ignorance, they have to get us to collectively agree on asinine laws. I mean, they might already own our bodies thru the birth certificate, but that would be covert and very limited in its use. Like if they overtly own our bodies, then you won't be burying loved ones, the organs are theres, etc.

[Ravenlocke]

https://twitter.com/ArthurM40330824/...74577680211968

[Ravenlocke]

Too big to fail Credit Suisse

Source: https://youtube.com/watch?v=rvbejp0_zf8

[bobme]

This was all planned years ago folks. No more cash for you.

The power that is, now controls you health, and income.

absolutely no surprise at all really. If you have been doing your homework.

If not observing, and seeing what the heck is going on now,with banks,and health issues, wait another year, when this topic will seem like small potatoes to you. As far control goes.

[Casey Claar]

Source: https://www.bitchute.com/video/PuKzfVDFMO9v/


"With Silicon Valley Bank (SVB) failure and the FDIC taking it into receivership, as other major banks’ stocks drop amid reports of them selling off US Treasure holdings at a loss, ordinary bank depositors are left wondering whether they should flee to safety before things get a lot worse.

Risk analyst, former auditor, and founder of GoldSilverPros.com, Robert Kientz, returns to Liberty and Finance to explain what you need to know about this breaking crisis, and how it will play out both in the US and abroad, all with an eye to protecting your family’s financial future."


* * *


I have only listened halfway through but I am finding this talk helpful and informative.

It is 1 hour in length and worth listening to ( in my view ).

[Flash]

I read that BNP, banque nationale de Paris, is going bankrupt as well. This is a huge bank. It will ripple, as well as Credit Suisse will

[Bluegreen]

Ex-Silicon Valley Bank CEO Greg Becker Jets to Hawaii After Collapse

Chief Exit Officer





The former CEO of Silicon Valley Bank who sat at the helm of the financial intuition when it collapsed was spotted sauntering in Hawaii Wednesday — as his former colleagues scramble to pick up the pieces.

Greg Becker and wife Marilyn Bautista fled to their $3.1 million Maui townhouse just days after Becker, who was CEO of SVB since 2011, left the firm, photos taken by the Daily Mail show.

Despite his change in employment status, Becker seemed unconcerned with cash as the couple enjoyed a chauffeur-driven limo ride to San Francisco Airport Monday and first-class tickets to their island paradise, the outlet reported.

The former boss sported shorts and flip-flops on a stroll through Lahaina, where his custom-designed two-story home lies within a gated community outfitted with a tennis court, three surf breaks, three swimming pools and a clubhouse.

Published 16th March 16 2023 by Katherine Donlevy – NY Post
https://nypost.com/2023/03/16/ex-svb...fter-collapse/

[shaberon]

Posted by Casey Claar (here)
...as other major banks’ stocks drop amid reports of them selling off US Treasure holdings at a loss...

China is currently doing this in bulk as well.

I personally do not know of an easy way to see who is buying them.

In the case of China I would think they have the option of simply redeeming some of it. But that would not seem to be the case in a fire sale dumping a de-valuing product perhaps even before it goes under its face value. That would be funny. But actually the problem is not that they are "worthless" entirely, but, "worth less" in return for investment. Exactly what "at a loss" is, would be very relative...


I was impressed by the fist-to-face that was "post-Covid Apocalypse" in terms of inflation. The report I saw was that inflation was 8% due to increased wages, which is uncanny, I got an 8% raise. Nobody asked me, but, I became statistically average for the first time in my life. Anyway, there are other contributing factors to inflation, 46% of which is due to corporate profits.

That is unprecedented in astronomical terms. Yes, it has always been a partial "cause" of inflation, like around 3%.

This time, it was on the heels of shuttering thousands of small businesses.

Right now it would be interesting to know who is buying up the Treasuries.

[bluestflame]

headline should be " hyper inflation incoming within about 3-4 months " as more money printed to cover bailouts

[mountain_jim]

https://twitter.com/WallStreetSilv/s...567496194?s=20

https://twitter.com/WallStreetSilv/s...040515585?s=20

https://twitter.com/WallStreetSilv/s...850699266?s=20

https://twitter.com/WallStreetSilv/s...379206659?s=20

[ExomatrixTV]

• Here’s Who’s Responsible For Silicon Valley’s Bank Collapse:

Source: https://youtube.com/watch?v=Kr-UxiaGbz8

The collapse of Silicon Valley Bank and subsequent depositor rescue by the Biden administration through the FDIC has launched a firehose of finger-pointing, ass covering and general controversy. Tech industry investor David Sacks tells Jimmy that government incompetence led to the debacle, which is why government intervention was necessary to save depositors from sustaining heavy losses and possibly inspiring a run on other banks. Jimmy and Sacks discuss the history that led to SVB’s demise and the Biden administration’s subsequent actions.

[ExomatrixTV]

• Breaking Scandal Around Silicon Valley Bank Bailout Could Destroy Gavin Newsom:

Source: https://youtube.com/watch?v=TMzFnNIcaDw

Dave Rubin of “The Rubin Report” talks to Peter Lloyd and Savanah Hernandez about the revelation that Gavin Newsom publicly advocated for the bank bailout of Silicon Valley Bank while neglecting to admit his money and some of the wineries he owned had their money in the bank; San Francisco’s reparations plan which it’s task force recommends giving $5 million to each qualifying black resident to amend for slavery; Lieutenant Governor of Minnesota Peggy Flanagan doubling down on protecting gender reassignment surgery for transgender kids and Elon Musk’s reaction; ”Morning Joe’s” Joe Scarborough and Dr. Anthony Fauci making excuses for getting so many things wrong about the COVID vaccine; Ron DeSantis’ hilarious mockery of liberals praising the efficacy of the COVID vaccine while testing positive for the virus; and much more.

[ExomatrixTV]

• Banking Crime Scene - The Market Is Telling Us Something Very Bad Is Coming:

Source: https://youtube.com/watch?v=hvY5usps8oI

We now have an international banking crisis.The potential next phase is a global credit crunch, which could lead to another worldwide financial crisis, but regulators and central banks are pulling out all stops to prevent that from happening.The ructions began on Friday last week when Silicon Valley Bank was unable to satisfy its customers' demands for deposits. An old-fashioned bank run leading to collapse. New York's Signature Bank then failed over the weekend. The US federal government, the Federal Reserve and regulators then scrambled to prevent widespread bank runs across the United States.

[ozmirage]

"OUR BANKING SYSTEM IS SOUND!"
... guffaws of laughter

Since any money token NOT created by the folks who do the work or produce the goods is a SCAM (inc. cyber cons) to cheat and steal, it's no surprise that the eCONomy is collapsing. ($31 T national debt, $2.3 T in circulation, for one reason - - - and you don't want to be obligated to pay THAT debt!)

Most folks are "money mad" (believing that the abstraction of value - a money token - has intrinsic value independent of the marketplace of goods and services)... which includes "hoarding" precious metal coins (or bullion, for that matter).

Those who seek prosperity in "the reality," strive to produce surplus usable goods and services, equitably traded and enjoyed... not "make money."

Those who seek wealth in "the asylum," are ever at risk from the innumerable predators and parasites, especially from the usurers ("banksters"), whose abominable trade has plagued humanity "only" 3500 years... and proscribed by every religion (that I checked). And yet usury (earning interest) is embraced by even the most self-righteous - - - astounding.

The current eCONomy is so warped by impossible to repay debts, that the time is ripe to do another "SHTF", not unlike the combination market crash - then - world war of the first half of the twentieth century.

The problem that the instigators forgot to consider - there is no "safe" place to hide out for the duration of a nuclear conflagration that destroys modern civilization, as well as access to the depleted resources and other necessities.

Few, if any elites, can survive and prosper under raw conditions, where even money can't buy a thrill. Trying to keep warm during the protracted nuclear winter, will tax the ingenuity and skill set of the starving survivors, unaccustomed to such conditions.

"Wanna buy a used planet, CHEAP?"

[Mike Gorman]

Probably a good idea to buy some Gold, if one is able, that is: take out the bulk of your cash reserve and turn that into gold, just keep a thousand or so in the bank for essentials, Hmmmm

[ozmirage]

Posted by Mike Gorman (here)
Probably a good idea to buy some Gold, if one is able, that is: take out the bulk of your cash reserve and turn that into gold, just keep a thousand or so in the bank for essentials, Hmmmm

Terrible idea. Read "Alas Babylon" for a snippet of the aftermath of an economic collapse (post nuclear that is).
A man with a year's supply of food will outlive a man with a year's supply of money.

[Ernie Nemeth]

On a side note.

If every country in the world is in debt, who do they owe the money to?

If there is a person or persons who hold the entire world hostage, how, pray tell, did they get so much money in the first place?

There should be somewhere those responsible with bank accounts in the hundreds of trillions of dollars! And because they never seem to run out of money, and always able to lend more money, they must have unlimited funds.
So, since they are owed all the money and have even more money than that, I think it only fair to CANCEL ALL DEBT. According to their own lending habits, it should make absolutely no difference to them. They have unlimited, bottomless reserves of cash.

Where is all this money? Those that have made money lending to all the countries of the world, where is their tax returns? Which country got paid taxes by this or these obscenely rich mofos?
Let's see the receipts! And if there is nobody with a portfolio of 100 trillion dollars, and 15 trillion profit, then there must be something fishy going on, right?

Right!

Such a joke, this ponzi scheme of theirs...and that we go along with it still thinking that if only the system was revamped, changed, jubileed, bit coined, or otherwise made fair everything would be just fine. Ya, right. Think again.
Whenever you find yourself hoping that this time the monetary system will get it right, remember to ask yourself: where is the guy with the $2 trillion tax bill?

[Bruce G Charlton]

Posted by ozmirage (here)

Posted by Mike Gorman (here)
Probably a good idea to buy some Gold, if one is able, that is: take out the bulk of your cash reserve and turn that into gold, just keep a thousand or so in the bank for essentials, Hmmmm

Terrible idea. Read "Alas Babylon" for a snippet of the aftermath of an economic collapse (post nuclear that is).
A man with a year's supply of food will outlive a man with a year's supply of money.

Sadly, a gang of armed thieves will outlive either of them.

[ozmirage]

Posted by Bruce G Charlton (here)

Posted by ozmirage (here)

Posted by Mike Gorman (here)
Probably a good idea to buy some Gold, if one is able, that is: take out the bulk of your cash reserve and turn that into gold, just keep a thousand or so in the bank for essentials, Hmmmm

Terrible idea. Read "Alas Babylon" for a snippet of the aftermath of an economic collapse (post nuclear that is).
A man with a year's supply of food will outlive a man with a year's supply of money.

Sadly, a gang of armed thieves will outlive either of them.

That assumes that the armed thieves aren't stupid predators, but wise and discerning individuals who seek to maximize their prosperity at the expense of others.
And their victims are hopelessly timid and incapable of wreaking annihilation upon predators in short order.


(IMHO, it will be rough going for mutant zombie biker gangs post-SHTF. When there aren't governments to bribe, folks won't tolerate trouble makers.)