"That system ways very unstable"
"This is better"
CBDC global rollout May-July worldwide
*Mexico 2024
This Blizzard Is About To Be Nuts…
Ryan Hall, Y'all XTRA
4 hrs ago
9 min
Notice how no other nation or globalist entity is making statements or press releases on
-
USD financial collapse contagion
-
US Govt involvement in the creation of Covid
WHY IS THAT?
cui bono?
Quincy Jones
Kim Dotcom
@KimDotcom
·
10h
Run on the bank! 🏃🏻♀️
Get your money out.
First thing on Monday.
US banks are in trouble.
FED emergency meeting.
Deposits may get locked.
Possible withdrawal limits.
When markets collapse your bank deposits that US banks use to invest may be in danger. Cash is king. Get out now!
Bill Ackman
@BillAckman
The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank. Absent
@jpmorgan
@citi
or
@BankofAmerica
acquiring SVB before the open on Monday, a prospect I believe to be unlikely, or the gov’t guaranteeing all of SVB’s deposits, the giant sucking sound you will hear will be the withdrawal of substantially all uninsured deposits from all but the ‘systemically important banks’ (SIBs). These funds will be transferred to the SIBs, US Treasury (UST) money market funds and short-term UST. There is already pressure to transfer cash to short-term UST and UST money market accounts due to the substantially higher yields available on risk-free UST vs. bank deposits. These withdrawals will drain liquidity from community, regional and other banks and begin the destruction of these important institutions. The increased demand for short-term UST will drive short rates lower complicating the
@federalreserve
’s efforts to raise rates to slow the economy. Already thousands of the fastest growing, most innovative venture-backed companies in the U.S. will begin to fail to make payroll next week. Had the gov’t stepped in on Friday to guarantee SVB’s deposits (in exchange for penny warrants which would have wiped out the substantial majority of its equity value) this could have been avoided and SVB’s 40-year franchise value could have been preserved and transferred to a new owner in exchange for an equity injection. We would have been open to participating. This approach would have minimized the risk of any gov’t losses, and created the potential for substantial profits from the rescue. Instead, I think it is now unlikely any buyer will emerge to acquire the failed bank. The gov’t’s approach has guaranteed that more risk will be concentrated in the SIBs at the expense of other banks, which itself creates more systemic risk. For those who make the case that depositors be damned as it would create moral hazard to save them, consider the feasibility of a world where each depositor must do their own credit assessment of the bank they choose to bank with. I am a pretty sophisticated financial analyst and I find most banks to be a black box despite the 1,000s of pages of
@SECGov
filings available on each bank. SVB’s senior management made a basic mistake. They invested short-term deposits in longer-term, fixed-rate assets. Thereafter short-term rates went up and a bank run ensued. Senior management screwed up and they should lose their jobs. The
@FDICgov
and OCC also screwed up. It is their job to monitor our banking system for risk and SVB should have been high on their watch list with more than $200B of assets and $170B of deposits from business borrowers in effectively the same industry. The FDIC’s and OCC’s failure to do their jobs should not be allowed to cause the destruction of 1,000s of our nation’s highest potential and highest growth businesses (and the resulting losses of 10s of 1,000s of jobs for some of our most talented younger generation) while also permanently impairing our community and regional banks’ access to low-cost deposits. This administration is particularly opposed to concentrations of power. Ironically, its approach to SVB’s failure guarantees duopolistic banking risk concentration in a handful of SIBs. My back-of-the envelope review of SVB’s balance sheet suggests that even in a liquidation, depositors should eventually get back about 98% of their deposits, but eventually is too long when you have payroll to meet next week. So even without assigning any franchise value to SVB, the cost of a gov’t guarantee of SVB deposits would be minimal. On the other hand, the unintended consequences of the gov’t’s failure to guarantee SVB deposits are vast and profound and need to be considered and addressed before Monday. Otherwise, watch out below.
https://twitter.com/BillAckman/status/1634564398919368704
https://twitter.com/samedi/status/1634599870647468033
Nat
@Arwenstar
🇫🇷 The people vs Mad Macron’s thugs.
explain what more than the connections already illustrate?
the required 'problem' to be 'solved' by the CBDC rollout
she was tupacs last girlfriend. not cousin.
it is what decomposing bodies' gases do, same gasses used in some balloons.
Thus the IT clown saying, 'you'll float too'. Upon the initiation of the decomposition process.
In banking? something also likely related to death, as corporations are corps(es), or occuppied bodies as well
no? you mean "and"
why is word identification and phonetics a problem for you?
yes, gas AND boats float.
bank runs with armed, scared, divided, and psych-drug laden masses are not going to be controllable. Nor will the follow on food runs and pharma runs when they realize the same stores use the same money and credit to replenish their supplies for JITD.
By design.
(Just In Time Delivery)
>don't all for it
FED notes have been the medium of exchange for over 100 years, be they digital or paper, that train is looongg gone.
yes. inflation is the devaluation of your labor, further enslaving future generations. aka debt.
SLAVERY
Who owns the FED?
Who owns the BIS?
Both are private organizations.
They own the slaves and future generations of slaves of the planet via this shitstem