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Bank Closures

1K views 19 replies 7 participants last post by  LeAnn 
#1 ·
#5 ·

“While some have blamed the collapse on volatile bond markets and rising interest rates, others — including Home Depot co-founder Bernie Marcus — have claimed that the company became too focused on "woke" issues, like LGBTQ+ activism and environmental alarmism, rather than their shareholders.”
 
#10 ·
Analysts warn that America is about to get hit by a financial crisis worse than the one in 2008.

First Republic Bank is on his way to collapse.

Biden will on Monday address a banking crisis that led U.S. regulators to step in with a series of emergency measures after the collapses of Silicon Valley Bank and Signature Bank threatened to trigger a broader systemic crisis.
(Reuters)
 
#11 ·

Is this where the Leftists are pushing the country?
 
#16 ·
China is pulling its money from Swiss banks. The next banking crisis is around the corner.

The trade in some European bank stocks was halted following steep declines.

I truly believe the Chi-Coms and the democrat socialist party are working together to create a panic.

They are deliberately trying to crash the worlds banking system to usher in digital currency and ESG.
 
#20 ·

COLLINS: It is a remarkable statement to hear you say that you believe the U.S. banking system has been nationalized because of this.

ALTMAN: Well, no. I didn't say it has been nationalized. I said they are verging on that because they have guaranteed the entire deposit base. Usually, the term "nationalization" means that the government takes over the institution and runs it and the government owns it. That would be the type of nationalization we have seen in many other countries around the world. Obviously, that did not happen here. When you guarantee the entire deposit base, you have put the federal government and the taxpayer in a much different place in terms of protection than we were in a week ago.
 
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