BANK FAILURES ARE BACK! - Another Bank Has Been SEIZED As Global Financial Collapse CONTINUES!

Apr 29, 2024

World Alternative Media

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Josh Sigurdson reports on the collapse of yet another bank (Republic First Bancorp) in Philadelphia. The FDIC (Federal Deposit Insurance Corporation) has seized the bank as more than half of their deposits were not insured. This is something typical of thousands of banks and there's no doubt we've only just seen the beginning of it. The vast majority of banks worldwide have less than 1% of deposits in cash. This means they're entirely insolvent. The FDIC which said in late 2022 that they expect the banks to crash and that they themselves are not about to insure the banks continues to seize and auction off banks much like in 2023 with Silicon Valley Bank, Signature Bank and countless others. The banks that win the auctions will likely eventually go under as well, get bought up alongside their assets and debt and continue to narrow down to a more centrally controlled behemoth. Then, we shall see the rise of the CBDCs (Central Bank Digital Currencies) where no one has a say in what they can or cannot buy as rations will be forced on the populace under the guise of emergency orders. With this, anyone that criticizes or disobeys the state will not have access to their money. This is the technocratic order that we're heading towards and if people trust all of their money to be in the bank, it's to their own demise.

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