+ Reply to Thread
Page 8 of 9 FirstFirst 1 8 9 LastLast
Results 141 to 160 of 169

Thread: Are Banks going Belly Up?

  1. Link to Post #141
    Canada Avalon Member TomKat's Avatar
    Join Date
    23rd September 2017
    Posts
    2,616
    Thanks
    2,694
    Thanked 13,330 times in 2,365 posts

    Default Re: Are Banks going Belly Up?

    Gerald Celente once said, cash is for spending, gold is for saving.

  2. The Following 6 Users Say Thank You to TomKat For This Post:

    Bill Ryan (1st May 2023), Franny (2nd May 2023), Mercedes (24th April 2023), pounamuknight (4th May 2023), Richter (28th April 2023), thepainterdoug (10th April 2023)

  3. Link to Post #142
    United States Avalon Member onawah's Avatar
    Join Date
    28th March 2010
    Language
    English
    Posts
    22,208
    Thanks
    47,680
    Thanked 116,089 times in 20,639 posts

    Default Re: Are Banks going Belly Up?

    It’s Over: The US Dollar Just Broke The Chinese Yuan
    laowhy86
    904K subscribers
    20,343 views
    Apr 24, 2023

    "Dedollarization. Why is this word going around everywhere? Turns out, most likely, it's a propaganda campaign from China. "

    Each breath a gift...
    _____________

  4. The Following 5 Users Say Thank You to onawah For This Post:

    Bill Ryan (1st May 2023), Franny (2nd May 2023), pounamuknight (4th May 2023), Richter (28th April 2023), Yoda (28th April 2023)

  5. Link to Post #143
    Netherlands Avalon Member
    Join Date
    9th January 2020
    Location
    Amsterdam
    Language
    Dutch
    Posts
    744
    Thanks
    1,531
    Thanked 4,533 times in 725 posts

    Default Re: Are Banks going Belly Up?

    One Of The Largest Banks In The United States Is On The Verge Of Going Under
    April 26, 2023
    By Michael Snyder

    Is another domino about to fall? Our system was greatly shaken when Silicon Valley Bank and Signature Bank suddenly collapsed, but we seem to have weathered that storm. But what will happen if an even larger bank goes under? As of March 31st, First Republic had approximately 290 billion dollars in assets, and that makes it much larger than Silicon Valley Bank was when it finally imploded. A 30 billion dollar rescue plan that was hastily put together last month was supposed to stabilize First Republic, but that hasn’t worked. On Tuesday, First Republic shares fell by about 50 percent after the public learned that “customers withdrew more than $100 billion during last month’s crisis”…

    First Republic Bank’s shares plunged 50 percent after a ‘troubling’ earnings call where company executives refused to answer questions.

    The stock dropped Tuesday after it emerged that customers withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail in quick succession after the collapse of Silicon Valley Bank and Signature Bank.


    Unfortunately for First Republic, the carnage continued on Wednesday. Shares of First Republic were down another 29.75 percent, and so far this year the stock price has fallen by a total of more than 95 percent.

    Let me try to put this into perspective.

    On February 2nd, First Republic stock closed at $147.00.

    Today, it closed at $5.69.

    That is what a collapse looks like.

    CONTINUE:
    https://www.activistpost.com/2023/04...ing-under.html
    You Can't Talk and Listen at the Same Time

  6. The Following 8 Users Say Thank You to Richter For This Post:

    Bill Ryan (1st May 2023), Ewan (2nd May 2023), Franny (2nd May 2023), Michel Leclerc (1st May 2023), onawah (28th April 2023), pounamuknight (4th May 2023), Vangelo (28th April 2023), Yoda (28th April 2023)

  7. Link to Post #144
    Avalon Member Ravenlocke's Avatar
    Join Date
    28th September 2011
    Posts
    9,594
    Thanks
    7,457
    Thanked 98,604 times in 9,592 posts

    Default Re: Are Banks going Belly Up?

    https://twitter.com/Spriter99880/sta...12583790944285



    ¤=[Post Update]=¤

    https://twitter.com/RT_com/status/1653101981647642626



    https://www.rt.com/business/575602-f...jpmorgan-sale/

    First Republic bank seized by US regulators

    The embattled First Republic Bank has been taken over by regulators and will be sold to JPMorgan Chase, the California Department of Financial Protection and Innovation (DFPI) announced on Monday.

    Earlier this week, the Federal Deposit Insurance Corporation (FDIC), a principal federal regulator of US financial institutions, asked a number of banks to submit bids for the struggling lender in an effort to secure a buyer before it entered receivership. A deadline for bids was set for Sunday.

    JPMorgan, America’s biggest bank, will “assume all deposits, including all uninsured deposits, and substantially all assets” of First Republic, according to a statement issued by the Californian regulator.

    The DFPI has appointed the Federal Deposit Insurance Corporation as the receiver of the San Francisco-based bank, the total assets of which amounted to nearly $229.1 billion as of April 13, 2023, while its total deposits totaled some $103.9 billion.

    “Deposits are federally insured by the FDIC subject to applicable limits,” the statement read.

    Last week, a massive sell-off wiped out 75% of the bank’s stock value, following the disclosure that it had lost more than $100 billion of deposits in the first quarter of the current year. The San Francisco-based lender has struggled to stay afloat since the US banking sector was hit by a major crisis.

    The seizure and pending sale of First Republic Bank make it the third US lender to fail after the collapses of Silicon Valley Bank and Signature Bank in March. Both were shut down by regulators following massive bank runs.

    In March, leading US financial institutions agreed a $30 billion injection for the troubled regional lender. Shares of First Republic are down 97% this year.

  8. The Following 9 Users Say Thank You to Ravenlocke For This Post:

    Bill Ryan (1st May 2023), Dennis Leahy (1st May 2023), Ewan (2nd May 2023), Franny (2nd May 2023), Michel Leclerc (1st May 2023), Miller (1st May 2023), mountain_jim (1st May 2023), pounamuknight (4th May 2023), pueblo (1st May 2023)

  9. Link to Post #145
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    34,268
    Thanks
    208,959
    Thanked 457,522 times in 32,788 posts

    Default Re: Are Banks going Belly Up?


  10. The Following 8 Users Say Thank You to Bill Ryan For This Post:

    BMJ (4th May 2023), Dennis Leahy (1st May 2023), Ewan (2nd May 2023), Franny (2nd May 2023), Michel Leclerc (1st May 2023), pounamuknight (4th May 2023), thepainterdoug (1st May 2023), Yoda (2nd May 2023)

  11. Link to Post #146
    UK Avalon Member Dorjezigzag's Avatar
    Join Date
    19th November 2011
    Posts
    866
    Thanks
    4,023
    Thanked 5,082 times in 817 posts

    Default Re: Are Banks going Belly Up?

    Just today, three more banks were halted on the stock exchange as their stock prices collapsed.

    Those three banks are PacWest Bankcorp, Western Alliance and Metropolitan Bank.

    More bank failures are imminent. Fiat currencies are collapsing (by design). The goal of the corrupt establishment is to take out the small and mid-sized banks, and leave just a few giants standing, holding all the assets. JP Morgan, anyone?

    Once the small and mid-sized banks are destroyed, the powers that be will initiate the final collapse of the dollar and attempt to force everyone into Central Bank Digital Currencies (CBDCs), which will be the final nail in the coffin of human freedom.

    https://www.naturalnews.com/2023-05-...rn-border.html

    also this of interest
    https://www.newsweek.com/bank-share-...lunges-1797892

    https://www.theguardian.com/business/2023/may/04/shares-in-california-lender-pacwest-plummet-amid-fears-of-new-us-banking-crisis
    Last edited by Dorjezigzag; 4th May 2023 at 21:36.
    “One does not become enlightened by imagining figures of light, but by making the darkness conscious. The latter procedure, however, is disagreeable and therefore not popular.” (Carl Jung)

  12. The Following 3 Users Say Thank You to Dorjezigzag For This Post:

    Ewan (3rd May 2023), Johnnycomelately (3rd May 2023), pounamuknight (4th May 2023)

  13. Link to Post #147
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    34,268
    Thanks
    208,959
    Thanked 457,522 times in 32,788 posts

    Default Re: Are Banks going Belly Up?

    Quote Posted by Dorjezigzag (here)
    Just today, three more banks were halted on the stock exchange as their stock prices collapsed.

    Those three banks are PacWest Bankcorp, Western Alliance and Metropolitan Bank.
    https://t.me/DDGeopolitics/59524


  14. The Following 6 Users Say Thank You to Bill Ryan For This Post:

    avid (3rd May 2023), Ewan (3rd May 2023), ExomatrixTV (3rd May 2023), Johnnycomelately (3rd May 2023), pounamuknight (4th May 2023), Yoda (2nd May 2023)

  15. Link to Post #148
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    34,268
    Thanks
    208,959
    Thanked 457,522 times in 32,788 posts

    Default Re: Are Banks going Belly Up?

    Chris Martenson's 25 minute analysis, just published:

    What Does The Latest Bank Failure & Bailout Mean?


  16. The Following 11 Users Say Thank You to Bill Ryan For This Post:

    avid (3rd May 2023), Blastolabs (3rd May 2023), BMJ (4th May 2023), Dorjezigzag (2nd May 2023), Ewan (3rd May 2023), ExomatrixTV (3rd May 2023), Johnnycomelately (3rd May 2023), Peace in Oz (3rd May 2023), pounamuknight (4th May 2023), Sue (Ayt) (3rd May 2023), Yoda (3rd May 2023)

  17. Link to Post #149
    Netherlands Avalon Member ExomatrixTV's Avatar
    Join Date
    23rd September 2011
    Location
    Netherlands
    Language
    English, Dutch, German, Limburgs
    Age
    57
    Posts
    22,714
    Thanks
    30,810
    Thanked 125,646 times in 20,814 posts

    Default Re: Are Banks going Belly Up?


    Robert F. Kennedy Jr. will run for Presidency Challenging Joe Biden 2024
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

  18. The Following 3 Users Say Thank You to ExomatrixTV For This Post:

    Bill Ryan (4th May 2023), BMJ (4th May 2023), pounamuknight (4th May 2023)

  19. Link to Post #150
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    34,268
    Thanks
    208,959
    Thanked 457,522 times in 32,788 posts

    Default Re: Are Banks going Belly Up?

    Quote Posted by Bill Ryan (here)
    Chris Martenson's 25 minute analysis, just published:

    What Does The Latest Bank Failure & Bailout Mean?

    Martenson followed that up just now with this 10-minute update:

    The Fed Raised Rates, Recession Is Coming!


  20. The Following 6 Users Say Thank You to Bill Ryan For This Post:

    BMJ (4th May 2023), Ewan (4th May 2023), ExomatrixTV (4th May 2023), pounamuknight (4th May 2023), thepainterdoug (4th May 2023), Yoda (4th May 2023)

  21. Link to Post #151
    Netherlands Avalon Member ExomatrixTV's Avatar
    Join Date
    23rd September 2011
    Location
    Netherlands
    Language
    English, Dutch, German, Limburgs
    Age
    57
    Posts
    22,714
    Thanks
    30,810
    Thanked 125,646 times in 20,814 posts
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

  22. The Following User Says Thank You to ExomatrixTV For This Post:

    Bill Ryan (4th May 2023)

  23. Link to Post #152
    Avalon Member Ravenlocke's Avatar
    Join Date
    28th September 2011
    Posts
    9,594
    Thanks
    7,457
    Thanked 98,604 times in 9,592 posts

    Default Re: Are Banks going Belly Up?

    https://twitter.com/BitcoinMagazine/...30462963671043



    ¤=[Post Update]=¤

    https://twitter.com/BitcoinMagazine/...33767974387715


  24. The Following User Says Thank You to Ravenlocke For This Post:

    Bill Ryan (4th May 2023)

  25. Link to Post #153
    Avalon Member Ravenlocke's Avatar
    Join Date
    28th September 2011
    Posts
    9,594
    Thanks
    7,457
    Thanked 98,604 times in 9,592 posts

    Default Re: Are Banks going Belly Up?

    https://twitter.com/Spriter99880/sta...56671113912321


  26. The Following User Says Thank You to Ravenlocke For This Post:

    Bill Ryan (4th May 2023)

  27. Link to Post #154
    United States Avalon Member
    Join Date
    25th March 2010
    Location
    Northern Michigan
    Age
    61
    Posts
    2,252
    Thanks
    8,499
    Thanked 18,711 times in 2,086 posts

    Default Re: Are Banks going Belly Up?

    Yep , move everything you have to a credit union local. obtain gold and silver coins if you can , this will be the insurance when the U.S. dollar goes down your coins will go up.

    Keep some cash at home too or in a good hiding spot ,if possible.

  28. The Following 4 Users Say Thank You to pyrangello For This Post:

    Bill Ryan (4th May 2023), Ewan (4th May 2023), ExomatrixTV (4th May 2023), Ravenlocke (4th May 2023)

  29. Link to Post #155
    Avalon Member Ravenlocke's Avatar
    Join Date
    28th September 2011
    Posts
    9,594
    Thanks
    7,457
    Thanked 98,604 times in 9,592 posts

    Default Re: Are Banks going Belly Up?

    https://twitter.com/Spriter99880/sta...79084430131220


  30. The Following User Says Thank You to Ravenlocke For This Post:

    Bill Ryan (9th May 2023)

  31. Link to Post #156
    Netherlands Avalon Member ExomatrixTV's Avatar
    Join Date
    23rd September 2011
    Location
    Netherlands
    Language
    English, Dutch, German, Limburgs
    Age
    57
    Posts
    22,714
    Thanks
    30,810
    Thanked 125,646 times in 20,814 posts

    Angry Re: Are Banks going Belly Up?


    Images are circulating on the internet of a meeting held in November by the US regulator FDIC. It's a meeting they don't want you to see, former Fox News host Clayton Morris recently said on his show Redacted News.

    In addition to members of the FDIC, lawyers and bankers also sat at the table. At the meeting, they admit that a financial crash is imminent. They would rather not have much attention paid to it because then people will take their money away from the financial institutions.
    • No trust
    In the meeting they also say – laughing – that they have no confidence in the banking system. They also say that you don't need to know all this and that only a select few should be informed, i.e. the rich. If you advertised this, people would get scared and take their money out of the bank. Then they would no longer be able to use people's money to bail out other banks.
    • Bigger
    Meanwhile, the current banking crisis is bigger than the one in 2008, economist Peter St. Onge said Thursday.

    Financial expert Ab Flipse responds: “Watch out, shocking images. What you absolutely must not know! 'The next crash is coming' .”
    • dutch 🇳🇱 (+ Multi-Language Options). 🦜🦋🌳
    Last edited by ExomatrixTV; 4th May 2023 at 21:00.
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

  32. The Following 4 Users Say Thank You to ExomatrixTV For This Post:

    Bill Ryan (9th May 2023), Dorjezigzag (4th May 2023), Orph (4th May 2023), Peace in Oz (15th May 2023)

  33. Link to Post #157
    Netherlands Avalon Member ExomatrixTV's Avatar
    Join Date
    23rd September 2011
    Location
    Netherlands
    Language
    English, Dutch, German, Limburgs
    Age
    57
    Posts
    22,714
    Thanks
    30,810
    Thanked 125,646 times in 20,814 posts

    Exclamation Re: Are Banks going Belly Up?

    • Why Economic Collapse Is Imminent:
    No need to follow anyone, only consider broadening (y)our horizon of possibilities ...

  34. The Following 4 Users Say Thank You to ExomatrixTV For This Post:

    atman (9th May 2023), Bill Ryan (9th May 2023), Ewan (9th May 2023), Vangelo (6th May 2023)

  35. Link to Post #158
    UK Avalon Founder Bill Ryan's Avatar
    Join Date
    7th February 2010
    Location
    Ecuador
    Posts
    34,268
    Thanks
    208,959
    Thanked 457,522 times in 32,788 posts

    Default Re: Are Banks going Belly Up?

    The Duran's new interview with Mitch Feierstein, the 2012 author of Planet Ponzi: How the World Got Into This Mess, What Happens Next, How to Save Yourself. (That's still very much the topic of this video.)

    Because of audio problems at the beginning, start in at 7:24. Buckle up — Feierstein is very civil, but his statements are crystal clear and very strong.

    Last edited by Bill Ryan; 9th May 2023 at 19:26.

  36. The Following 5 Users Say Thank You to Bill Ryan For This Post:

    atman (9th May 2023), Ewan (9th May 2023), mountain_jim (9th May 2023), Sue (Ayt) (9th May 2023), Yoda (9th May 2023)

  37. Link to Post #159
    United States Moderator Sue (Ayt)'s Avatar
    Join Date
    23rd December 2016
    Language
    English
    Posts
    2,554
    Thanks
    28,310
    Thanked 20,530 times in 2,552 posts

    Default Re: Are Banks going Belly Up?

    Karl Denninger has long been screaming about all this since 2008 and the bail-out. For years he has explained that the US has been playing "kick the can" down the road, but the end is inevitable.

    Here is his latest:

    UR Hosed
    [Comments enabled]
    Well I hope you enjoyed the monetary speedballs because now comes the hangover, and if you try to demand that any more speedballs are administered the nation's heart will explode and die.

    Let me point out something you won't see reported in the lamestream media.

    Quote The 0.9-percent productivity decline is the first time the four-quarter change series has remained negative for five consecutive quarters; this series begins in the first quarter of 1948.
    Of course we didn't have this series in, oh, 1930.

    Go figure.

    It gets worse.

    Quote Unit labor costs in the nonfarm business sector increased 6.3 percent in the first quarter of 2023, reflecting a 3.4-percent increase in hourly compensation and a 2.7-percent decrease in productivity. Unit labor costs increased 5.8 percent over the last four quarters. (See chart 2 and tables A1 and 2.)
    What's the common definition of "progress"? Do more with less.

    What's this?

    Do less but pay more.

    And its not "transitory" either. In fact the cost side of the figures has been strongly positive, running in the 6% range for two years now.

    I know the common talking-head nonsense: Inflation will come down over time, its all ok, rates will moderate, they can stop raising them and draining liquidity (and have to), we can keep putting more on the government charge card and that's fine too.

    That's all BS.

    Both the last and current administrations turned to steroids and speedballs in the monetary area after what Obama got away with in the wake of 2008. That was stupid in 2008, by the way, and if you remember in the spring of '09, basically right now in terms of time of year, Congress declared that FASB was either going to ignore the fact that the banking system had made bad loans and was deeply underwater or Congress was going to legislate it.

    The market turned literally on that day and went on a heroin-and-meth tear, entirely ignoring that zero of this had to do with actual innovation and advancement and all of it -- literally all of it -- was due to nothing more than having $50,000 of income and spending $100,000 a year with the balance all on credit at ever-expanding exponential rates.

    This isn't fixable by trying to come up with a "permanent plateau" (who remembers their history?) because the premise of it is not spending within means but rather ever-expanding, exponentially-so, the amount spent beyond the amount earned.

    Folks, you can try to glad-hand this if you wish, but it won't work -- not because it would be nice if it could and would but because it can't.
    https://market-ticker.org/akcs-www?post=248732
    "We're all bozos on this bus"

  38. The Following 4 Users Say Thank You to Sue (Ayt) For This Post:

    Bill Ryan (9th May 2023), Ewan (9th May 2023), mountain_jim (9th May 2023), Yoda (9th May 2023)

  39. Link to Post #160
    England Avalon Member
    Join Date
    2nd January 2011
    Location
    London
    Language
    English
    Posts
    1,522
    Thanks
    17,307
    Thanked 10,429 times in 1,398 posts

    Default Re: Are Banks going Belly Up?

    US debt crisis could crash the world's economy, warns Treasury Secretary
    Failure to lift limit would undermine Washington's global economic leadership

    https://www.telegraph.co.uk/business...economy-crash/

    A failure to resolve the ongoing crisis over the US debt ceiling would trigger a global economic downturn, Treasury Secretary Janet Yellen has warned.

    The White House is currently locked in talks with Republican lawmakers about raising the legal limit on how much the government could borrow.

    Without a resolution, the US could run out of money as soon as early June.

    In remarks ahead of a G7 meeting in Japan, Ms Yellen said: “A default would threaten the gains that we've worked so hard to make over the past few years in our pandemic recovery.

    “And it would spark a global downturn that would set us back much further.”

    Ms Yellen urged Congress to raise the $31.4 trillion federal debt limit, saying a failure to do so “would also risk undermining US global economic leadership and raise questions about our ability to defend our national security interests.”

    The debt ceiling refers to a fiscal rule that dictates how much the US government can borrow.


    . . . . . . .

    Obviously this will affect The West more than others, but what help could they get from BRICS, if any, who will still be greatly impacted if/when the US goes belly up?

  40. The Following 2 Users Say Thank You to Miller For This Post:

    Bill Ryan (13th May 2023), Ewan (13th May 2023)

+ Reply to Thread
Page 8 of 9 FirstFirst 1 8 9 LastLast

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts