Sat Mar 23, 2024 11:33 pm by globalturbo
186 More Banks “Are At Risk Of Failure”, And That Could Push Us Into The Next Great Depression
Date: March 20, 2023Author: Nwo Report
Posted BY: | NwoReport
They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them? Back on January 4th, I specifically warned that our problems would “greatly accelerate over the next 12 months”, and that is precisely what has happened. We are now in the midst of the most severe banking crisis since 2008, and it could soon get a whole lot worse. We have already witnessed the second and third largest bank failures in the entire history of our nation, and now it is being reported that 186 more banks “are at risk of failure”…
On the heels of Silicon Valley Bank’s collapse earlier this month, 186 more banks are at risk of failure even if only half of their depositors decide to withdraw their funds, a new study has found.
That is because the Federal Reserve’s aggressive interest rate hikes to tamp down inflation have eroded the value of bank assets such as government bonds and mortgage-backed securities.
Full Story
THANKS TO: https://nworeport.me/2023/03/20/186-more-banks-are-at-risk-of-failure-and-that-could-push-us-into-the-next-great-depression/
Date: March 20, 2023Author: Nwo Report
Posted BY: | NwoReport
They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them? Back on January 4th, I specifically warned that our problems would “greatly accelerate over the next 12 months”, and that is precisely what has happened. We are now in the midst of the most severe banking crisis since 2008, and it could soon get a whole lot worse. We have already witnessed the second and third largest bank failures in the entire history of our nation, and now it is being reported that 186 more banks “are at risk of failure”…
On the heels of Silicon Valley Bank’s collapse earlier this month, 186 more banks are at risk of failure even if only half of their depositors decide to withdraw their funds, a new study has found.
That is because the Federal Reserve’s aggressive interest rate hikes to tamp down inflation have eroded the value of bank assets such as government bonds and mortgage-backed securities.
Full Story
THANKS TO: https://nworeport.me/2023/03/20/186-more-banks-are-at-risk-of-failure-and-that-could-push-us-into-the-next-great-depression/
