Jerome Powell Openly Admits That Banks Will Collapse This Year


Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”

Featured Story

By SRH, Earlier this week, in a Senate Banking Committee, the esteemed Fed Chair Jerome Powell reluctantly acknowledged that the United States is bound to confront a series of unavoidable banking collapses this year. However, he audaciously asserts that this forthcoming surge of calamities shall be within the realm of “manageable.” Another round of deceit from the Fed, as expected.

The senator’s worries about the banking sector’s soundness and its exposure to commercial real estate were acknowledged by Powell. He verified that worried banks are receiving updates from the Federal Reserve, which is keeping a careful eye on the situation. Although Powell refrained from naming names or providing exact figures, he did say that additional banks, especially smaller ones with a greater reliance on commercial real estate, are likely to fail this year.

The transition to remote employment has resulted in substantial changes in our culture. As a result, many cities’ downtown office districts are now sparsely populated, with countless vacant buildings serving as evidence of this shift. This transition has an impact on more than just office buildings; retail companies that once catered to the bustling workers are now feeling the squeeze. Many of these buildings have obtained bank loans, adding to the intricacy of the problem.

Recognizing this development, we have been closely watching banks with a high concentration of commercial real estate, particularly those that have been significantly impacted by changes in the office and retail sectors. We engage in communication with these banks, asking critical questions to assess their preparedness: Do they have a strong understanding of the problem? Do they have enough money and liquidity? Is there a plan in place? We also emphasize the necessity of honesty and transparency in dealing with inevitable losses. This continuing collaboration has been underway for quite some time.

It is clear that this is a long-term difficulty that will necessitate ongoing efforts. While there may be cases of bank failures, it is crucial to remember that larger banks are not prioritizing this issue. Instead, smaller and medium-sized banks are facing same issues. We are committed to helping with them to navigate this issue. I feel it is a manageable assignment, though it is still an ongoing and dynamic process for us and other regulatory agencies. This trip will continue for the foreseeable future.

Senator Cortez Masto then inquired about the risk of contagion, expressing concerns about other banks being affected due to investors and customers withdrawing their funds and selling off stocks. In response, Powell assured, “We are proactively addressing this issue. We have been in contact with banks that have significant amounts of uninsured deposits, especially those heavily invested in commercial real estate within the office sector. We are closely monitoring the situation on a bank-by-bank basis, and overall, we have managed to stay ahead of any potential problems so far.”

Around this time last year, when Silicon Valley Bank (SVB) was crumbling and causing a global financial crisis, Treasurer Janet Yellen found herself in the hot seat at a Senate Banking Committee hearing. It was a crucial moment when Yellen made a startling revelation. She openly admitted that the Federal Reserve and Treasury would take action to save and rescue the “too-big-to-fail” banks or any other institution that held great importance to them. However, she also made it clear that smaller banks would not receive the same level of support.

The HNW has issued warnings about a banking collapse for years, and now the signs are impossible to ignore, as this bankster gangster openly acknowledges the impending collapse. Remember when they assured us it was “contained” last year? Remember when they claimed inflation was “transitory?” Well, we can all see how that’s turning out…

Please Help Donate GiveSendGo

Join the cause. Donate now. Help me keep going by donating now.

“Manageable?” What does manageable even mean, sir? He won’t define it, but I will: we, the American taxpayers, will once again be on the hook for these collapses, as always; the big players will face consequences too, but they’ll receive preferential treatment, while your local bank may struggle or be absorbed by a larger institution.

What we are witnessing is a mass-consolidation, with central banks fulfilling their endgame of being the buyers and lenders of last ,Yoked resort.

The rich ruleth over the poor, and the borrower is servant to the lender.Proverbs 22:7

Our Shampoo Bars are gentle and produce a nice lather that is nourishing to your hair. They are handmade in small batches. We use only high-quality natural ingredients that you can pronounce. No no single-use packaging waste. These are large bars (3.5 ounces) and will last about as long as 2 to 3 bottles of liquid shampoo, but without the plastic bottle that has been filled mostly with water. Also great for travel.

A lather can be built up in your hands and then applied to your hair, but it is best to rub the bar gently in your hair.

Birch Woods is a great outdoors-type scent. The notes are bergamot, patchouli, vetiver, and tonka bean.

Our Shampoo Bars are made with simple ingredients and scented only lightly with fragrance. The ingredients include glyceryl stearate, sodium cocoyl isethionate, propylene glycol, water, glycerin, fragrance oil, and mica colorants.

This listing is for 1 of our Shampoo Bars. A bar will weigh approximately 3.5 ounces and be approximately 2.5 inches across and 1 inch thick. Please keep in mind that our products are handmade and hand cut. Each bar is unique and might vary slightly in shape, size, design, and color from those pictured.

Please keep your Shampoo Bar well-drained and allow to dry between uses. This will ensure a longer lasting bar.

Allergen: Please test on a small area of skin prior to use and stop using if irritation occurs. Do not use if you are pregnant. Do not use on infants under the age of 24 months. Do not get shampoo in your eyes as it will sting slightly. Go To Store

Membership: End the Censorship of HNewsWire. Subscription Membership



Tagged In


Must Read


Other Sources


Latest News

Watchman Warning: The World Health Organization (W.H.O/U.N.) Plans to Impose “Medical Dictatorship” in the Fall of 2023 or 2024. W.H.O Continues to Pose a Serious Danger to the United States’ Ability to Govern Itself, The U.N. & W.H.O are EVIL. Pale Horse In Play

By StevieRay Hansen | July 11, 2024

The U.N. Is Planning To Seize Global ‘Emergency’ Powers With Biden’s Support HNewsWire: The proposal might be the biggest attempted power grab in the history……...

Please join to continue reading. The truth is paywalled, but the lies are free. This content is for Monthly and Annual members only.
Login Join Now
Read More

Watchman: Vaccines From Hell It Should Be Remembered That We Were Warned Early in 2020 That These mRNA Designs Would Modify DNA. Trump’s Warp Speed Gained Precedence, and People Formed Lines. Surgeon General of Florida Says mRNA is an “Anti-Christ Product” – Tucker Carlson Interview,They Want Us Dead

By StevieRay Hansen | July 11, 2024

HNewsWire: Dr. Joseph Ladapo again raised concerns about the delivery of “nucleic acid contaminants” in the vaccines and the “risk of DNA integration” into cells.…


Read More

Watchman: Google FakeBook and Others Cannot and Will Not Stop Prophecy: The Real-Time Gog and Magog Connection Between Russia and Hamas

By StevieRay Hansen | July 11, 2024

By SRH, The Bible says in Amos 4:7, “And I will make it rain on one city and not on another city” for the first…


Read More

SRH, There Is a Reason for This. Why People Have a Lack of Trust in Politicians GOP Leaders Poised to Betray Voters on the Democratic Border Amnesty Plan,Satan Soldiers Working For NWO and Their Needs NOT the People!

By StevieRay Hansen | July 11, 2024

By SRH, Conservatives are outraged by a border agreement reached by Senators James Lankford (R-OK) and Chuck Schumer (D-NY). Around 50,000 individuals would be eligible…


Read More

Watchman Notices Satan Soldiers in Motion: Speaker Mike Johnson and House Republicans Just Criminalized the Entire New Testament

By StevieRay Hansen | July 11, 2024

By SRH, Watchman Notes Satan Soldiers Moving: House Republicans and Speaker Mike Johnson just made the entire New Testament illegal. A broad hate crime legislation…


Read More
Place Your Ad Here

We make every effort to acknowledge sources used in our news articles. In a few cases, the sources were lost due to a technological glitch. If you believe we have not given sufficient credit for your source material, please contact us, and we will be more than happy to link to your article.

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.