$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency - The Great Awakening - Where We Go Qne, We Go All!

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$517,000,000,000 in unrealized loses hits US Banking System as FDIC warns 63 lenders on brink of insolvency (twitter.com) ECON & BANK COLLAPSE 💸

posted 166 days ago by Shalimar 166 days ago by Shalimar +208 / -0

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– SOGWAP 14 points 166 days ago +14 / -0

Banks are collapsing because money is. No fiat no bank.

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▲ 9 ▼

– RandoMando2A 9 points 166 days ago +9 / -0

Money is not collapsing. Federal Reserve Notes aren’t money. They are financial instruments aka known as promissory notes. Actual money is alive and well. In the early 1900’s 1 once of gold bought a fine custom tailored suit and will do the same now as well. It’s the worthless paper notes that have degraded. Not money.

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▲ -9 ▼

– ILoveIvermectin -9 points 166 days ago +3 / -12

Bitcoin solves this.

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