This is a manufactured banking crisis being used to RESET the system and usher us in to accepting a Digital Social Credit System.
“You will own nothing and be happy.” – Klaus Schwab
So Silicon Valley Bank had about $200 Billion on its balance sheet.
Ironically, $200 billion is also about how much we’ve sent to Ukraine.
Situation Update, Mar 13, 2023 – The Non-Bailout BAILOUT commences – banking system flooded with BILLIONS in liquidity to DELAY total collapse
– Janet Yellen announces Treasury “backstop” of deposits for THREE failed banks
– FDIC says it will use its Deposit Insurance Fund (DIF) money
– Claims “no taxpayer money” will be used for bailout – but it’s A LIE
– FDIC only has $100 billion max, and bailouts will cost MORE
– After FDIC burns through cash, Fed will PRINT money for bailouts
– Banks encouraged to act recklessly, running risky bets that fail
– We’ve entered the chapter where Fed prints money to bail out all the failed banks
– This will cause #inflation and dollar devaluation – currency collapse
– There are nearly $10 TRILLION in bank deposits across the USA
– Over $300 trillion in derivatives exposures among banks
– FDIC has already burned through all its cash as of today
– How will FDIC cover the NEXT bank collapse?
– Rational people will pull money out of banks to reduce risk of exposure to collapse
– More people will move to gold, silver, crypto, ammo and other hard assets
– As Fed raises interest rates even higher, more banks will fail
– Controlled demolition of the banking sector and the US economy
—-The Health Ranger