What the Newest Bank Failure and Q3 Numbers Mean for the Future
Lynette Zang: 11-7-2023
As I previously mentioned following the collapse of Silicon Valley Bank in March, we are witnessing a troubling trend of more banks facing financial crises. In the latest development, Citizens Bank, a venerable institution with 94 years of history, has also succumbed to these challenges.
This unfortunate event marks the fifth bank failure in the United States this year.
In this video, we will explore the implications of these bank failures, along with recent data on Central Banks’ gold acquisitions in Q3.
Together, these factors provide a clear indication of what the future may hold for the financial sector. Stay tuned as I delve into the role of the FDIC in these events and why the security of your money could be at risk if they face insolvency.
CHAPTERS:
0:00 Another Bank Failure
3:00 Citizens Bank
4:38 Deposit Delays
8:46 Wall Street Invests Client Margin Under CFTC Plan
14:04 Path For More Financial Oversight
16:53 Losses on Investment Securities
20:46 Quarterly Changes in Deposits
22:53 DIF Reserve Ratios
27:14 Central Bank Demand For Gold
31:27 Get Your Plan In Place
https://www.youtube.com/watch?v=asS13iqG-Pk
LIVE! NOW ONE TRILLION PER YEAR To Service US Debt. US Trade Deficit Balloons! War Is Expanding…
Greg Mannarino: 11-7-2023
https://www.youtube.com/watch?v=jnrnSjqd-qs
Unstoppable Debt Collapse – It’s Now Just Math | Andy Schectman
Liberty and Finance: 11-7-2023
The U.S. has surpassed a 130% debt/GDP ratio. Nearly all nations that have hit this ratio have never recovered, says Andy Schectman.
Many people are waking up to the precarious fiscal situation the U.S. is in and what it could mean for the U.S. dollar.
Schectman says “we’ve crossed the rubicon,” and based on history, the U.S. is headed to default or hyperinflation.
INTERVIEW TIMELINE
0:00 Intro
2:38 The tipping point
10:00 An awakening
16:30 Blackrock
