Niobium
Well-known member
Biden said that the banking system is “ safe and sound” so I guess we don’t have much to worry about. 🤔
The Banking Collapse Of 2023 Is Now Officially Bigger Than The Banking Collapse Of 2008 Was
Yes, you read the headline correctly. Collectively, the three big banks that have collapsed in 2023 had more assets than all 25 banks that collapsed in 2008 did. Unfortunately, the banking collapse of 2023 istheeconomiccollapseblog.com
Many of us knew that the run on the smaller banks were just the start. and already knew that there will be a consolidation of power in the hands of the few and it is far from over. But eventually central banks will pull the plug. prehaps.
IMF numbers tell a different story on the world economic front prehaps.
https://www.imf.org/en/Publications/WEO
Hey but what do they know.
Melinda
Well-known member
BREAKING: Dozens of regional bank stocks are plunging today, as the bank crisis continues to gain momentum.
PacWest, $PACW: -36%
Western Alliance, $WAL: -31%
Metropolitan Bank, $MCB: -27%
HomeStreet, $HMST: -23%
Zions Bank, $ZION: -15%
KeyCorp, $KEY: -9%
HarborOne, $HONE: -10%
Citizens Financial, $CFG: -12%
PacWest, $PACW: -36%
Western Alliance, $WAL: -31%
Metropolitan Bank, $MCB: -27%
HomeStreet, $HMST: -23%
Zions Bank, $ZION: -15%
KeyCorp, $KEY: -9%
HarborOne, $HONE: -10%
Citizens Financial, $CFG: -12%
SusanB
Well-known member
Thanks for the update. Wow!
This is interesting, and it is something we have covered for years… literally
In an article from Yahoo Finance quote: “Half of America’s banks are potentially insolvent.”
People… There is no “potential about it,” THE ENTIRE BANKING/FINANCIAL SYSTEM IS TOTALLY INSOLVENT!
As you are well aware from my YouTube blog, the financial system in its entirety operates in a perpetual vacuum, a constant state of insolvency.
According to Yahoo Finance “Almost half of America’s 4,800 banks are already burning through their capital buffers.”
Professor Amit Seru, a banking expert at Stanford University said this: “Let’s not pretend that this is just about Silicon Valley Bank and First Republic. A lot of the US banking system is potentially insolvent.”
: Greg Mannarino
In an article from Yahoo Finance quote: “Half of America’s banks are potentially insolvent.”
People… There is no “potential about it,” THE ENTIRE BANKING/FINANCIAL SYSTEM IS TOTALLY INSOLVENT!
As you are well aware from my YouTube blog, the financial system in its entirety operates in a perpetual vacuum, a constant state of insolvency.
According to Yahoo Finance “Almost half of America’s 4,800 banks are already burning through their capital buffers.”
Professor Amit Seru, a banking expert at Stanford University said this: “Let’s not pretend that this is just about Silicon Valley Bank and First Republic. A lot of the US banking system is potentially insolvent.”
: Greg Mannarino
SusanB
Well-known member
SusanB
Well-known member
SusanB
Well-known member
kirmmy
Well-known member
Great time to be shorting stocks. But nah, I'm busy making my x dollars/hour and giving it mostly to the gov.
Nearly half of all US banks are insolvent. That seems like a lot.
www.rt.com
Over 2,000 US banks are insolvent – Telegraph
Almost half of the 4,800 lenders in the US are on the brink of insolvency, as their assets are worth less than their liabilities
Niobium
Well-known member
Soon we will see the domino effect going into operation.
You can bank on it.
PJ54
Well-known member
DR75 less 1
Well-known member
Schwab is an install of the Empire. Like so many other puppets.
And the climate has changed, only like everything ego tripping men come up with, not for the better
DR75 less 1
Well-known member
DR75 less 1
Well-known member
Gregory Mannarino used to be a broker for Bear Stearns. I wonder why he didn't see its collapse coming?
When he was younger I think he was one of those who would front run trades that they got wind of, which was frowned upon in those days ( it is done all the time now, ask Nancy Pelosi or am I thinking of something else ) Although Matt Gaets and AOC is teaming up to put a stop to it. Plus he didn't know the game at that time. He weren't there long before he took off. In the interim he practiced medicine for 20 years. and racing cars mostly quarter mile. But he always wondered how the financial market worked. I guess he is back. I'll see if I can get an email to him and ask why he missed B S's fall, assuming he did. He has spoken about it. I may have missed it.
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