Posts Tagged ‘Banks in trouble’
Watchman Warns Top Banks In Trouble: Fed Report: Largest 25 U.S. Banks Have Shed $700 Billion in Deposits Over Past Year
Watchman Reporting the Banking Industry’s Collapse Has Begun With Useless FDIC–Insured Big Tech Silvergate Bank Announced on Wednesday That It Was Liquidating Its Assets and Closing Down. Today, the Four Largest American Banks Lost $52 Billion in Valuation as the Dow Fell 540 Points–Tribulation Moving Forward–God Warned Us HNewsWire: By Pam Martens and Russ Martens: April 11, 2023 To read the headlines in the major business press, one would think that since the upheaval began in the U.S. banking system, the largest U.S. commercial banks have been the beneficiaries in terms of deposit inflows. For example, on March 13 the Financial Times ran this headline: “Large US banks inundated with new depositors as smaller lenders face turmoil.” The subhead was even more questionable, reading: “Failure of Silicon Valley Bank prompts flight to likes of JPMorgan and Citi.” (JPMorgan Chase has been……...
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Watchman: Another US Bank Quietly Shutters, As Bank Runs Persist And Deposits Decrease
HNewsWire: By winepressnews The Federal Deposit Insurance Corporation (FDIC) seized the banks assets on November 3rd. In a press release the FDIC wrote: Citizens Bank, Sac City, Iowa, was closed today by the Iowa Division of Banking, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect depositors, the FDIC entered into a Purchase and Assumption Agreement with Iowa Trust & Savings Bank, Emmetsburg, Iowa, to assume all of the deposits of Citizens Bank. The two branches of Citizens Bank will reopen as branches of Iowa Trust & Savings Bank on Monday during normal business hours. This evening and over the weekend, depositors of Citizens Bank can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as…
Read MoreWatchman: Gobble AKA Google-Gob Is Simply Going to Crash the Entire Financial System and Pick Which Tech Firms and Banks Make It Through
Then Google Shall Possess Absolute Dominion Over the Current of Currency as They Demand Digital Identifications and Strive Towards a Central Bank. Diabolical Currency– Gooogle Is Anti-Human/Anti-Christian/Anti-American Evil Garbage! HNewsWire: Google Introduces Plan to Use Generative AI to Take Over the Internet – AI’s Real Threat to Society By Brian Shilhavy Editor, Health Impact News Google announced its new plans for AI this week at their annual I/O developer conference, and to say that not everyone in the Tech Industry was thrilled by their plans to integrate Generative AI into their search engine, would be an understatement. Emily Dreibelbis, writing for PC Magazine, published one of the more apocalyptic articles warning that Google could basically destroy most websites on the Internet. Why Google’s New ChatGPT-Style Search Could Kill the Websites That Feed It Google just previewed its chatbot-style vision for……...
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Watchman: Pay Attention to This…No One Will Know Until Everyone Knows. And by the Time Everyone Knows, It’s Already Too Late. Almost No Coverage of a Phenomenon Is Being Given to It by Mainstream Media Outlets Right Now, and for Good reason.if People Knew What Was Going On Right Now, the Financial System as a Whole Would Crash
De-Banking: Americans Are Withdrawing Massive Amounts Of Money From Banks As Collapse Crisis Looms… HNewsWire: Massive amounts of outflows of cash are quietly exiting American banks, though such pivotal acts are receiving very little to no press coverage on the mainstream, as this velocity of massive withdrawals is an indication that the banking crisis mainstream media and politicians says has been contained really has not been. The volatility within the thousands of U.S. banks, small, medium, and large is indeed fascinating. In mid-May, according to public data published by the St. Louis Federal Reserve, an astounding $910 billion in deposits fled American financial institutions, compared to one year ago at that time. Financial and crypto website Daily Hodl reported at the time, ‘In May of last year, the amount of capital held by banks on behalf of depositors sat at…
Read MoreWatchman Expects Many Bank Failures: Accredited Weiss Research Predicts That 5,274 U.S. Banks Will Fail
HNewsWire: “The underlying financial weaknesses in the U.S. banking industry are widespread, and the FDIC’s newly expanded guarantee of all deposits does nothing to protect shareholders in bank holding companies, who could still lose most or all of their money,” the group said. Weiss Research Inc., one of the most accredited and well-respected independent rating agency, is sounding-off that an astronomical number of American banks will collapse because they are insolvent. According to this rating firm, after analyzing the books and balance sheets of the Federal Reserve and banking institutions, Weiss Research claims that a monstrous 5,274 banks and credit unions have the potential to collapse. To put the number into perspective, there is are 9,457 banks and credit unions in total exist in the United States. This is almost 56% of all the financial institutions in the U.S. According…
Read MoreWatchman Warning Banks Going to Collapse. Thousands of US Banks Are “Insolvent.” Thousands of Banks Will Close There Door’s Soon–Be Prepared: Do Not Think Cryptocurrency Will Save Us; It Won’t
HNewsWire: by Tyler Durden Saturday, May 06, 2023 – 12:00 PM Following the collapse of First Republic last week, the meltdown of three other banks, and the Federal Reserve’s quarter-point increase, making the tenth straight hike in an aggressive campaign to tame elevated inflation, a professor of finance at the Stanford Graduate School of Business presented a grim warning that the regional banking dominos are falling. In a New York Times opinion piece titled “Yes, You Should Be Worried About a Potential Bank Crisis. Here’s Why,” Professor Amit Seru wrote, “the fragility and collapse of several high-profile banks are most likely not an isolated phenomenon.” He said, “A damaging combination of fast-rising interest rates, major changes in work patterns, and the potential of a recession could prompt a credit crunch not seen since the 2008 financial crisis.” Just in the past few months, Silicon Valley Bank, Signature Bank and……...
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Watchman: There Is a Mountain of Evidence That Shows Many of America’s Largest and Most Powerful Banks Are Discriminating Against Customers Because of Their Ideological, Social, Cultural, Religious, or Political Views
SRH: JPM CEO Says “System Is Very, Very Sound” After Second Largest US Bank Failure In History, He Is a Big Part of the Problem! HNewsWire Update: There Was a Blood Bath in Some Bank Stocks Yesterday: So Much for Jamie Dimon’s Prediction That It’s the End of the Banking Crisis By Pam Martens and Russ Martens: May 2, 2023 ~ There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling. The Financial Times reported on April 5 that “Hedge funds made more than $7bn in profits by betting against bank shares during the recent crisis that rocked……...
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Parasitic Prostitutes, According to the Watchman There Is a Very Real Risk of Collapse in the Western Banking System
Side Bar SRH: Debt deal passes; McCarthy gets help from Dems; did I not tell you McCarthy is the other side, the UNIPARTY, these are crooks Republican Resistance Falters, Again–“To SRH, it doesn’t look like cuts at all. In fact, spending will go up every year under that debt plan,”Parasitic Prostitutes! HNewsWire: Comments by Brian Shilhavy Editor, Health Impact News There is virtually nobody in either the corporate or alternative media these days who are not warning about the serious problems with U.S. and European banks today. Even if a U.S. debt ceiling agreement is reached this week, it will not save the banking system. I am highlighting two new articles published today that reveal just how dire the current banking crisis is, and what may be lying ahead in the not-too-distant future with a new financial system rolled out……...
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Satan Soldiers a.k.a “Central Bankers Are Criminals” Marc Faber Warns “Once COVID Is
Over, The Elites Will Go To War”… “Bankster” has several other related terms: The New World Order (NWO) is yet another term similar to Bankster, Globalist, Collectivist, Technocrat, Monopoly Man, Evil Elitist Self-Centered Narcissists Hypocrites. Legendary investor, economist and market forecaster Dr. Marc Faber thinks central banks (CB) are not going to cut back the money printing. Just the opposite. He predicts CBs are going to print even more money at a faster pace to hold the failing economic system together for a little while longer. Dr. Faber explains, “What is perceived to be safe, namely cash, isn’t safe anymore. It is unsafe. You ask me what is safe? I don’t know what is safe anymore when you have money printers who print money indefinitely. I don’t think they can stop. I actually think they have to accelerate their money printing. So,…
Read MoreSatan Bankers At Wells Shuts All Existing Personal Lines Of Credit, US Economy
On The Edge, Wells Fargo just announced that it’s shutting down all of its existing personal lines of credit – a popular product offered by the retail-focused Wall Street giant – a move that will likely infuriate legions of customers. The revolving credit lines, which will be shut down in the coming weeks, typically allow users borrow $3K to $100K, were pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on checking accounts attached to the loan. Customers have been given a 60-day notice that their accounts will be shuttered, and remaining balances will require regular minimum payments, according to the statement. According to CNBC, it’s the latest “difficult decision” facing Wells CEO Charlie Scharf, who is being forced to make cutbacks to the banks’ business thanks to restrictions imposed by the Federal…
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