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Offline Flyin6

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Approaching bank collapse?
« on: March 16, 2023, 04:08:12 PM »
I am sure if you have been paying attention, banks are close to failing and we have just witnessed a major regional bank collapse. Well, not all that regional, I guess, Silicone Valley Bank had offices in Europe and China. Several others have lost major market value due to runs on them by their depositors.

This Silicon Valley bank had, like, one banker on their board of directors. They gave a couple billion to leftist groups and recently 3.5 mil to BLM. So they were not a business but a bunch of nutcases.

The FDIC had problems meeting its commitment to insure.

It will not take much for a nationwide scare of sheeple to collapse or at least shut down the banking system.

I have written previous articles about opening your own 401K trust and getting your money out of all these proped-up funds that are run by who-knows-who. You can convert your dollars into tangible goods like land and gun collections...just saying.

Pay attention we are close to standing in the door and someone forgot to pack the parachute...
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