So I remember last week all the datefags out posting March 12th economic collapse.
Where are the failures? Is it tomorrow, next week, month, year?
Seems awfully quiet lol.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (33)
sorted by:
I did not hear about the date fagging, but the prediction could be related to the BTFP program ending March 11. This is the Bank Term Funding Program. Since the program ended, emergency bank bailouts are no longer available.
The bank failures will be slow and will not occur all at once.
ITM trading link describing the BTFP: https://www.youtube.com/watch?v=NgB0kJCR6fA
^This.
I'll be surprised if we get a major bank failure before Sept-Oct this year. I expect to see smaller banks fail before the big guys start falling.
I do expect when a big failure does happen, there will be a bail-in. A bail-in is when the bank seizes all deposits as its own in an attempt to bail itself out.
https://greatawakening.win/p/17si0ZCheA/federal-reserve-chair-jerome-pow/
Sorry March 11th. I gave it an extra day.