The Greatest depression is coming, are you ready?
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This makes no sense. You are condemning people for telling the truth because then when they are right they say "I told you so"?
It doesn't matter what your position is, the world economy has been condemned by God, it is a house on fire, and it will collapse.
The seven year tribulation is not about causing people suffering, it is about revealing Jesus Christ, when people see how bad the world will become when run by satanic men who hold down the truth in unrighteousness it will cause many who refuse to change their position to repent.
Also, the title is not mine, it was put on the video by CNN or whoever posted the video.
It doesn't matter what your position is, the world economy has been condemned by God, it is a house on fire, and it will collapse.
The seven year tribulation is not about causing people suffering, it is about revealing Jesus Christ, when people see how bad the world will become when run by satanic men who hold down the truth in unrighteousness it will cause many who refuse to change their position to repent.
Also, the title is not mine, it was put on the video by CNN or whoever posted the video.
compare the BKX, an index of regional bank stocks with the price of Gold. For the first year of Biden's administration the two tracked together. Since then they have split and the regional bank stocks are down close to 40% relative to the price of gold!
https://www.marketwatch.com/investing/index/bkx/charts?mod=mw_quote_advanced
Regional banks are the backbone of small business. It is their bread and butter to lend to small businesses. They are being put out of business by Biden.
https://www.marketwatch.com/investing/index/bkx/charts?mod=mw_quote_advanced
Regional banks are the backbone of small business. It is their bread and butter to lend to small businesses. They are being put out of business by Biden.
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"What Else Can It Do?": Credit Suisse Deposit Run Continues Despite SNB Rescue
"What Else Can It Do?": Credit Suisse Deposit Run Continues Despite SNB Rescue | ZeroHedge
"What Else Can It Do?": Credit Suisse Deposit Run Continues Despite SNB Rescue | ZeroHedge
I look at this as a mathematical formula. Inflation and rising interest rates have caused bonds to lose value. US Bonds are the foundation of the global financial system.
So if they are going to solve this problem they have to address one of these three things.
1. Inflation? Biden's solution will make inflation much, much worse.
2. Interest rates? If they don't keep raising rates inflation will get much worse and last a lot longer.
3. US Bonds? Biden has signaled to the people who run these banks to get out of US bonds as soon as possible. If we have widespread selling US bonds will cause a total collapse in US dollar. China has already given the order to sell all their bonds as soon as possible.
They tell us they are trying to give people confidence and stop the contagion but what their actions are doing is signaling to the rest of the world to get out now while you can.
So if they are going to solve this problem they have to address one of these three things.
1. Inflation? Biden's solution will make inflation much, much worse.
2. Interest rates? If they don't keep raising rates inflation will get much worse and last a lot longer.
3. US Bonds? Biden has signaled to the people who run these banks to get out of US bonds as soon as possible. If we have widespread selling US bonds will cause a total collapse in US dollar. China has already given the order to sell all their bonds as soon as possible.
They tell us they are trying to give people confidence and stop the contagion but what their actions are doing is signaling to the rest of the world to get out now while you can.
The problem is finding BUYERS for these UST's. Selling is no problem if you have buyers.
BTW gov't securities are "marked to par" at any FED liquidity window they choose to open.....just saying.
In the short term, the immediate problem is a crisis of confidence in the banks, with big kahunas pulling out their cash. A classic run on the banks.
Longer term.......the system as we know it is doomed to failure, as EU/US gov't IOU's will be seen as they actually are....worthless.
BTW gov't securities are "marked to par" at any FED liquidity window they choose to open.....just saying.
In the short term, the immediate problem is a crisis of confidence in the banks, with big kahunas pulling out their cash. A classic run on the banks.
Longer term.......the system as we know it is doomed to failure, as EU/US gov't IOU's will be seen as they actually are....worthless.
