61 Current unrealized losses in the US banking system is -$1.8 trillion out of only $2.2 trillion capital... With corporate taxes due Sep 15 & possible gov shutdown Oct 2, the general public has no idea the banks are already insolvent entering a nightmare liquidity scenario in October...😦🤔 (twitter.com) posted 1 year ago by purkiss80 1 year ago by purkiss80 +61 / -0 9 comments share 9 comments share save hide report block hide replies
Red October took on a new meaning.
Let's all go and withdrawal all our money and collapse this shit so we can start over. This movie is too long
Right? At this point, fuck it. We're as ready as we're going to be. I want the financial rug pull to really get this party started.
So Truist Bank (my bank), about 8 lines down on the chart, shows roughly 49 or 50% FHLB as a %'age of equity. Does that mean that Truist is solvent or not?
Looks like Truist is toast. Here is a thread about them.
https://greatawakening.win/p/17r9N71VIK/bob-michele-jp-morgans-cio-on-bl/c/
https://nitter.net/financelancelot/status/1696657731539869970?
Purkiss80. you rock ! Thank you for all you bring to GAW !
Ty...🙏
So we're looking at another 2008 financial crisis again right? Will it be different this time with WH in control?