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by Simon Black This isn’t over yet. Last week after Silicon Valley Bank went poof in a matter of hours, I wrote that this financial catastrophe is just getting started: “Like Lehman Brothers in 2008, SVB is just the tip of the iceberg. . .” Within days, several other banks were on the verge of … Read more
First Republic Bank – May not survive by this Friday. Powell keep on increasing rates. by u/No_Flatworm8955 in wallstreetbets BANKruptcy Bingo card updated … pic.twitter.com/UMTvg5dBv4 — Wall Street Mav (@WallStreetMav) March 20, 2023 ANOTHER ONE THIS WAS LIKE 15 SECONDS $FRC pic.twitter.com/rCFoIljX2a — GURGAVIN (@gurgavin) March 20, 2023 ‘Dr. Doom’ economist Nouriel Roubini says the … Read more
NATO to accelerate deployment of up to 300,000 soldiers on eastern border https://t.co/w1FnGcpW4b — EndGameWW3 🇺🇸 (@EndGameWW3) March 20, 2023 In the coming months, NATO will accelerate efforts to stockpile equipment along the alliance’s eastern edge and designate tens of thousands of forces that can rush to allies’ aid on short notice – Politico https://t.co/OK8dv9xunP … Read more
https://www.wsj.com/articles/jamie-dimon-leading-efforts-to-craft-new-first-republic-rescue-plan-a39b9bb “Big-bank CEOs are discussing a capital infusion in troubled lender that could boost confidence in financial system…The discussions, while preliminary, have focused on how the industry could arrange for an investment that would boost the bank’s capital, according to people familiar with the matter.”
by Martin Armstrong The collapse of Credit Swiss as well as SVB, Signature, and more to come, have a common theme – the FAILURE of RISK MANAGEMENT. When we look closer at the staff involved, they were not what you would consider at the top of their class. They filled spots based on sexual orientation, race, creed, and … Read more
Institute for Peace and Prosperity, Released on 3/20/23 The failure of Silicon Valley Bank (SVB) on March 10 was the second largest bank failure in US history. Just two days following SVB’s collapse, Signature Bank joined the record books as the third largest bank failure in US history. First Republic Bank also seemed on the … Read more
There appears to be zero self-awareness among legacy media that they behave like an NPC drone collective 🤣🤣 — Elon Musk (@elonmusk) March 20, 2023 h/t STRONGMAN SHELFORD
Opposition parties in France are to make an attempt to remove the Emmanuel Macron government from power via a vote on Monday amid ongoing riots across the country. Various opposition parties within the French parliament have submitted a number of motions expressing no confidence in the Emmanuel Macron government in a bid to get it … Read more
I wonder why this is happening more often than ever before? 🤔 pic.twitter.com/qJoUOaeSdN — Ivan T (@QualityTweets78) March 19, 2023
THESE FIRST REPUBLIC BANK HALTS ARE WILD STOCK GOES LIVE AND IS GETTING HALTED WITHIN SECONDS STOCK IS NOW DOWN 50% TODAY $FRC pic.twitter.com/nUHiWAD1Z6 — GURGAVIN (@gurgavin) March 20, 2023 Well that was fast. FIRST REPUBLIC BANK STOCK JUST MADE A NEW ALL TIME LOW AND IS HALTED AGAIN FOR THE 3RD TIME TODAY NOW … Read more
Numerous Metal Barricades Arrive Outside The Manhattan Criminal Courthouse In New York City, Ahead Of A Possible Indictment Of Former President Trump This Week. With NYPD Mobilizing up to 700 Riot Cops, Ahead of Potential unruly protest 🚨#BREAKING: Steel barricades are being unloaded outside Manhattan criminal courthouse⁰📌#Manhattan | #Newyork Numerous Metal Barricades Arrive Outside The … Read more
John Anthony Castro is running for president as a Republican. John Anthony Castro HATES Trump supporters. On Friday John called for New Yorkers to beat Trump supporters with a bat. https://twitter.com/_/status/1636802643518423050 Never heard of this GOP puke calling for violence! What an asshole! https://www.thegatewaypundit.com/2023/03/gop-presidential-candidate-calls-on-new-yorkers-to-beat-trump-supporters-with-a-baseball-bat/ h/t Loose Rooster
By Graham Summers, MBA The banking crisis has just claimed its first major victim. Thus far in this banking crisis, the banks that were in trouble have been large, but not gigantic. The largest was Silicon Valley Bank which was the 15th largest bank in the U.S. at the time of its collapse with some … Read more
This is really big…. 🚨 NEW: Gov. @RonDeSantisFL unveils legislation to BAN Central Bank Digital Currency in Florida, protecting citizens from a grave threat to civil liberties. Governor DeSantis is calling on other states to do the same, and is already in touch with Texas on this issue.🚨 — DeSantis War Room 🐊 (@DeSantisWarRoom) March … Read more
by Decent-Lie-9070 A report circulating among Silicon Valley Bank’s venture capital division shows that back in January 2019, the Federal Reserve issued a warning to SVB about risk management systems, according to The Wall Street Journal. At the time, the Fed issued what it called a “Matter Requiring Attention,” a less serious subpoena than … Read more
Guest post from John Rubino, you can find him at his Substack: At the beginning of last week, everyone expected central banks to “tighten until something breaks”. By the end of the week it was clear that they’d already broken everything. Two middling US banks imploded, European mega-bank Credit Suisse finally died a well-justified death, and … Read more
Source: https://www.wsj.com/articles/that-plum-job-listing-may-just-be-a-ghost-3aafc794 It’s all smoke and mirrors at this point. h/t vegaseller
