FINANCIAL FIRESTORM
In addition to the Californian Silicon Valley Bank, the New York Signature Bank was also closed by the FED, because the balances of the accounts were blown up. It is a matter of two lightning bolts, followed by two thunders and followed by a storm of fire that will set Western leaders on fire.
All depositors of the two banks will be fully protected, in fact Powell (Governor of the FED) and Yellen (Secretary of the US Treasury) have announced a new FED credit line of up to 25 billion dollars from the ESF, in order to guarantee bank deposits of the two small banks. Silicon Valley and Signature shareholders and debt obligation holders will not be protected and will have their assets written to zero. As I have always said for the past two years, the proportions of the collapse of the Western financial system will be historic and colossal. The only way out of it, if we had been in other eras, would have been through a world war that would have made no one understand anything, cloaking the cities in blood and 'providently' justification of the Financial Reset. This is what those of the WEF wanted to do, a Great Reset through which everything would be taken away from the little ones to be given to the tiny elite responsible for the announced disaster. In the FED until yesterday they were concerned about the diversity of the boards of directors and not to raise rates too much, while Yellen flew to Ukraine, it is not clear what to do: poor them. The 25 billion created by the FED to put a patch on the account holders of these two medium-small banks, which in any case will sink many strategic companies in the Climate Alarm sector and therefore close to the Democrats, cannot stem the avalanche soon unleashed by the implosions of the critical issues of a system global finance that has been conceptually disjointed for decades. The danger that a bank run will break out in America to reclaim 18 Trillion of its own 'money' that does not exist, i.e. not 25 billion which correspond to the trifle of the deposits of the two small banks that have just been blown up, but 18 trillion dollars of deposits by the Americans, is in my opinion an inevitable consequence. Last week, on Twitter and Facebook, thousands of Americans cursed because they could no longer find the money they had put in Wells Fargo, the fourth American bank a year times bigger than Silicon Valley Bank. The Biden Administration, all the politicians connected to him in the world, the EU, the multinationals of that handful of investment funds behind the WEF and even the central banks will end up in the catacombs.
The solution will be to give birth to a new financial system unrelated to the existing one, and in fact you will see that this is exactly what will happen.
“I don't know when, but I know that many of us have come in this century to develop the sciences and sow the seeds of a new culture that will blossom, unexpectedly, suddenly, just when power is deluding itself that it has won. Change will come unexpectedly when the powerful are convinced they have won.” Giordano Bruno
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The article FINANCIAL FIRESTORM comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/tempesta-di-fuoco-finanziario/ on Mon, 13 Mar 2023 09:54:35 +0000.