US BANKS ARE BUST

[alisonfletch]

John Titus casts an eye over why the US Fed is making things worse for the US banking system. This video was made in February 2023. Four large banks have recently failed: first US duo Silicon Valley, Signature, and Credit Suisse, in Europe, and then recently First Republic in America.

These institutions suffered a collective loss of confidence not just from their investors but crucially from their depositors, who transferred their balances elsewhere. These banks were reliant on these to fund loans and other investments.

John points out that the WEF has a tote board of risks but a banking crisis is not on it. Presumably they see the main risk as how they're going to cover it up. Another "pandemic" maybe, or a cyber attack?

The banks know they’re broke and are panicking about it. The Fed isn’t helping the banks this time around. A new era has dawned in banking: The Snake Is Eating Its Own Tail

https://www.youtube.com/watch?v=OwNTJhS8hek