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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It'll be much easier for people to regain their savings with the weights of debt interest and taxation off their backs. The reason why conservative Christians in the end will be successful is their work ethic and worldview. Those federal reserve notes will still go to nothing resulting in everyone in the US monetary system having 0.
You are hoping for things to be true to fit your narrative when you have no idea if its real or not.
It will be much easier to rebuild than you think even without magical hidden technology but there will be suffering. People are pretty amazing with what they can handle and what they can accomplish. They just need a strong leader and spirit.