Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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I worry for people who Truist the banks...
And for those who dont understand Bank-speak:
Liquidity Crisis = People not buying the worthless pieces of paper the central Banksters print.
In a normal Ponzi scheme, this is when they pack up the bags and skip town. But with Banksters, it usually is followed by a war or a depression or the likes.
My paychecks are drawn on Truist Bank and my thrift stores acct is with [them] (I'm the store mgr). Truist is formerly SunTrust here in Florida, changed over a few yrs ago
Same story with BB&T. Now are a Truist owned acquisition.
Move your money off of Truist. Get in a Federal Credit Union and/or hold some money on the side.
If you've been on here awhile you should be aware that the banks are going to fail and its a risk to have your money looked after by them.
My paychecks are drawn from them... I haven't banked since 2003 ;)
Smart man!
All other banks are liars
But mine is the Truist Bank.... 😜
I think this needs a gif or a flair! What do you think u/qanaut ?
maybe this is why they are burning and land grabbing hawaii, its going to be their getaway spot now that Trump and white hats shut down Epstein Island
i like that last point.
Can you give a link to that podcast when you have a chance?
That one "Epstein Island" was very tiny - too small for even a small plane to land on. They have islands and bolt holes all over the world, most like to include New Zealand and (yes) Antarctica. Maui would just be one more, albeit a little more visible.
Antarctica
Such a mysterious land... hope to someday learn the secrets it holds
not sure many will be able to handle finding out what they have been doing in Antarctica. i know i'm not looking forward to find out, but is a must to be 100% done with "them".