Silicon Valley Bank is shut down by regulators in biggest bank failure since Global Financial Crisis
Is this shutdown a legit whitehat response to financial corruption that was uncovered or is it a blackhat effort to hide payments made to Silicon Valley for all their censorship work?
When our financial system starts to crumble, the FDIC does not have enough money to ensure all the banks. From what I read is they only have enough money to ensure 1% of all the bank deposits.
FDIC has $125 Billion in total.
https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/index.html
The FDIC insures over $10 trillion of deposits in U.S. banks.
https://20somethingfinance.com/fdic/
That equates to aprox 1%. If there is a collapse across all banking systems, 99% of the people will get screwed.
You have to wonder, are they shutting down specific banks first so the people at the top get their money out of the FDIC before the rest of us get screwed?
I have always believed this movie will not come to an end until the current financial system is destroyed. Ridding ourselves of the current money printers is crucial, the Federal Reserve. They are taxing us to death on money printed from thin air, sending our wealth back to the Rothchilds who then pay the globalists to enslave us.
We have heard lots of rumbling about a coming recession. I think it will be much worse than that. I have said in the past, the scare event could be people blocked from their money. If we go into a hyperinflationary event or there is a Dominoe collapse of all the banks, everyone will be awake at that point.
We have a lot of evidence coming out right now, how do you gain everyone's attention and say, "Hey look at this"? A financial collapse would certainly grab everyone attention, .....now lets show you the extent of the corruption.
Will SVB bank closure be the first Dominoe? Its coming but when?
Stay safe!!!
WWG1WGA!!!
Doubtful, I don't think people understand how fractional banking works. Congrats, all these people with millions, in some cases billions, of dollars now get their Full FDIC insurance payout of $250K. Meaning a loss of 75%+ in pretty much every case.
So the millionaires and billionaires are losing at minimum 75% of their capital (if they have exactly $1 Million invested). In most cases it'll be a loss of at least 97.5% since institutions like this require at least $10 million in capital before they'll take you on as a client.
So now that the evil billionaires have lost almost their entire fortune, what will they do with the meager $250K they've siphoned off? Where will they put it? Can't keep cash like that lying around on pallets like a mafia movie or cartoon.
So where will they put it if every other bank is gonna collapse? Therein lies the problem with theories like this, They don't understand how the current financial system actually works.
They buy real assets. They've known its coming, look at the spike in REAL things. Silicon valley is nothing but a house of cards.
First of all, that still doesn't account for them losing 97.5% of their assets. You can't even buy a house in most places for $250K anymore.
Second of all, wonderful, assume they buy a few houses in the Ghetto, or some gold/silver. Now what? How do they LIVE while the financial system collapses?
How do they buy anything to live? Basic necessities? All of their capital is in illiquid real assts, so how do they fund their continued existence? And if they're going to try and keep massive amounts of physical cash on hand, then that's just painting a target on their back for everyone to rob so they can feed their families.
I'm not saying Silicon Valley isn't a house of cards, that much is obvious. I'm saying that there's no way to make a rug pull out of this where the cabal stooges and Billionaires/MIllionaires get all their money and the rest of us get left holding the empty bag.
Everyone involved will lose, that's the point. It's the "Great Reset" for a reason. Or at least they want it to be.
Honestly, I don't see this being as spectacular as everyone seems to think it will be. It probably won't be a full financial collapse, as there ARE moderately safe places to put money. Credit Unions, Savings and Loan Associations, etc.
Places that are far more localized and heavily regulated. Saving and Loans Associations in particular are probably the safest institutions at the moment since they more or less are forbidden from partaking in the fractional banking system.
They have to have their deposits on hand at all times unless loaned out, and they're only allowed to make loans to bank members, and even then 80% or their loans are required to be mortgaes while no more than 20% can be personal loans (Credit lines, regular loans, Auto loans, etc.) thus most of them usually just keep around 50%~ of their deposits on hand and loan out the other 50 split between 90-10 with mortgages and personal loans for their members.
Credit unions, likewise are pretty safe too since they're owned by their members and similarly aren't allowed to lend or invest the money outside of approved investments in Bonds, real estate, etc. And they also have similar requirements for liquid capital on hand since they typically aren't as involved in the fractional banking system as commercial banks.
If neither are available, a local bank that isn't part of a larger system will minimize losses. You MAY get hit if the whole system collapses, but you'll be safer than going with a big Wall Street bank.
Basically, it's not going to be a total collapse. The only people in real danger are the massive overleveraged commercial banks who have been cabal entities for decades anyway. If you stick with local/regional financial institutions, then the danger and risk is gradually reduced the more localized and client oriented you get.
Where is the “most affordable housing market” in the U.S. and world? Why?
It is Racine, Wisconsin.
https://www.cbs58.com/news/racine-listed-as-most-affordable-place-in-the-world
https://racinecountyeye.com/2017/01/26/racine-affordable-housing-market/
Who has been purchasing the land and housing?
The Truth about Racine has been shared since the beginning.
The connections to Silicon Valley Community Foundation and Bank have been shared since the beginning.
Racine is the Root that connects every branch of the Agenda. Why?
Expose the Root.
does it have to do with this? https://www.wpr.org/foxconn-partners-we-energies-2-000-panel-solar-project