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Second Wave of Bank Runs Start – Demise of the U.S. Dollar as the World’s Reserve Currency Accelerates

It's been over a week now since a bank has failed, but according to multiple sources, that does not mean that the banking crisis is over. In fact, many sources are reporting that bank runs are continuing, with a "second wave" of bank runs now going on. As we have previously reported, these modern-day bank runs are not always as noticeable today in the digital era, as you don't typically see people lining up at the banks to physically withdraw their money, as it all happens on the Internet. And while today depositors are rushing into Money Market accounts, once the smaller banks start failing again, expect to see more money exit bank accounts, such as into the FedNow CBDC accounts scheduled to come online this summer, as well as into commodities such as Gold and Silver. The rest of the world is, of course, noticing this, and some are beginning to trade with currencies other than the U.S. Dollar.

Will CBDC FedNow Put Regional and Smaller Banks Out of Business this Summer?

The failures of Silvergate Bank, Silicon Valley Bank, Signature Bank, and the current struggles of First Republic and Pacific West Bank have seen bank deposits flee to the perceived safety of large banks. To make matters worse for banks, rising interest rates and easily accessible higher yielding alternatives exist like money market funds (MMF) or US Treasury ETFs. These alternatives are now a few thumb taps and swipes away from depositors, making the near-zero rate of return on bank deposits much less attractive for many consumers and businesses. These issues, plus the new FedNow service which is set to begin trial runs in July, could represent an uphill battle for banks to retain deposits. The Federal Reserve’s new FedNow program will allow bank customers at 10,000 financial institutions to instantaneously transfer funds in and out of bank accounts on a 24/7/365 basis. This is probably the biggest innovation since mobile banking and investment apps and will allow customers greater access to "their" money than ever before.

NATIONAL CATASTROPHE! California Farmers Suffering Record Losses from Flooding as “Worst is Yet to Come”

With the threat of a World War 3 escalation into a nuclear conflict, while the world's financial system is on the brink of collapse, it is easy to see why a local, regional news story about the weather will not make national headlines. But there is a local, regional story developing in California that I guarantee will eventually make national headline news, as the flooding continues with more heavy rain and snow this week, and with local officials declaring that in terms of the flooding and damage, "the worst is yet to come." With California producing over half of America's agriculture, this is indeed HUGE news, as this is also going to affect food prices around the world, since many of California's agricultural products, a $51 BILLION economy, are exported outside the U.S. The main reason this is not a major worldwide headline, yet, is because there are still very few estimates as to how high the losses are going to be, since the farming community in California is just trying to survive right now, bracing for new storms that entered the State yesterday and are continuing today. Total financial losses for the State of California due to flooding that began in January, right now range from $5 BILLION to $30 BILLION.

Saudi Arabia’s Biggest Oil Producer Will Build $10BN Petrochemical Complex in China – Are the Days of Ishmael Upon Us?

There are very few people in the western media, both corporate and alternative, who seem to fully understand the significance of the announcement this week that Saudi Arabia's largest oil company, Aramco, is investing $BILLIONS in China's growing petrochemical industry. Aramco was originally the name for the "Arabian American Oil Company," founded by the Standard Oil Co. of California (Chevron) in 1933, when the government of Saudi Arabia granted it a concession. Other U.S. companies joined after oil was found near Dhahran in 1938. In 1973, the Saudi government bought a 25% interest in Aramco, increasing that interest to 60% the following year. In 1980, the Saudi government increased its interest in Aramco to 100%. Eight years later, the Saudi Arabian Oil Company (now renamed Saudi Aramco) was officially established. I worked in Dhahran in the early to mid 1990s, teaching English at King Fahd University of Petroleum and Minerals. It is a huge university with around 10,000 students, and the entire curriculum is taught in English, hence the need for many English teachers. But as large as the campus in Dhahran is, it is quite small compared to the Aramco company compound directly next to the University. We had many American (and Filipino) friends at Aramco back then, and often visited them at the Aramco compound. Driving into the Aramco compound was like driving into the suburbs of a modern U.S. city, where you could literally find all the same comforts you could find in the U.S., even though you were out in the middle of a desert. Even the women there drove cars at that time, while outside the compound, it was forbidden (at that time). Back in the 1990s, Americans still mostly ran the company, as they transitioned to Saudi management and more members of the board of directors came from the Saudis. But things are very different today, as this announcement of investing in China clearly demonstrates. Gone is the respect for the Rockefeller oil industry and their puppet politicians, as recent comedy skits produced by Saudis mocking Joe Biden clearly show. So are the days of Ishmael here, and the fulfillment of God's promises and prophecies made thousands of years ago to bless Ishmael?

Is the Collapse of NATO Imminent? A Non-Western Dire Warning

It is difficult for those of us currently residing in the United States to get an accurate account about how the war in Ukraine is actually going, as it depends on which sources you read and trust. I don't think it can be disputed, however, that the economy of NATO nations is in serious trouble with massive bank runs and failures, and massive demonstrations in many countries with the country of France literally burning and basically shut down, while non-NATO countries such as Russia, China, Saudi Arabia, and Iran, are already on the road to economic recovery as they band together to oppose the ongoing wars and economic sanctions funded by the Davos Crowd. For a non-Western perspective on what is basically the beginning stages of World War 3 as it unfolds before us in real time today, I am publishing a commentary by Sam Parker of Behind the News Network entitled "The Demise of Nato." Consider this commentary as a "worse case scenario," as Parker believes that Russia absolutely has the power to destroy the United States, even without launching nuclear weapons, by bombing key infrastructures, like they are currently doing in Ukraine. He writes: "Few people – including CIA operatives – may know that New York City, for instance, may be destroyed with a single move by blowing up the George Washington Bridge. The city can’t be supplied with food and most of its requirements without the bridge. The New York City electrical grid can be destroyed by knocking out the central controls; putting it back together could take a year. America is fragile. We don’t notice because it works smoothly and because when a local catastrophe occurs—earthquake, hurricane, and tornado—the rest of the country steps in to remedy things. The country can handle normal and regional catastrophes. But nuclear war is neither normal nor regional. Very few warheads would serve to wreck the United States beyond recovery for decades. This should be clear to anyone who actually thinks about it. Defense is impossible. Coastal cities are particularly easy targets, being vulnerable to submarine-launched sea-skimming missiles – Washington, New York, Boston, San Diego, Los Angeles, San Francisco, Seattle for starters – all gone. A modern country is a system of systems of systems, interdependent and interconnected—water, electricity, manufacturing, energy, telecommunications, transportation, pipelines, and complex supply chains. These are interconnected, interdependent, and rely on large numbers of trained people showing up for work. Talking of repair any time soon after the nuclear bombing of a city is foolish because the city would have many hundreds of thousands of dead, housing destroyed, massive fires, horrendously burned people with no hope of medical care, and in general populations too focused on staying alive to worry about abstractions like supply chains."

Crypto Takedown Accelerates as World’s Largest Cryptocurrency Exchange Binance Sued by U.S. Government

It is looking more and more each passing day that the U.S. financial system is speeding into a consolidation of the Big Banks, as their war against cryptocurrencies appears to be now accelerating. It was announced today that Binance, the world’s largest cryptocurrency exchange, along with their Chief Executive Officer Changpeng Zhao, are being sued by the US Government. The lawsuit was filed by the US Commodity Futures Trading Commission for "Willful Evasion of Federal Law and Operating an Illegal Digital Asset Derivatives Exchange." This follows a report last week, that Coinbase, the largest cryptocurrency exchange in the U.S., is also being threatened with a lawsuit by the Securities and Exchange Commission. With the Davos Crowd's financial system on the brink of ruin, they are doing everything they can to stop of the flow of bank runs and the exit of cash from their banks, such as into cryptocurrencies. How much longer can the Davos Crowd keep propping up their failing banks? Swiss Banks were once considered the safest place to stash wealth by the "elites" of Western Culture. But now some are calling Switzerland a "Banana Republic" after the raid on pension funds and the collapse of Switzerland's second largest bank.

Netanyahu Backs Down, for now, to Avoid Civil War in Israel

A day after the largest protests in the history of modern-day Israel, most Israeli embassies were closed today, including their embassy in Washington D.C., to show support for the protesters in Israel. In a much anticipated announcement, Prime Minister Benjamin Netanyahu made a speech at around 8 p.m. local time Monday night stating that the government would pause their judicial overhaul plans, in order to avoid a civil war. There are questions as to how much support he has in the military. It remains to be seen if Netanyahu's remarks will be enough to end the protests and strikes. Opposition organizers have reportedly stated that a "temporary" pause in the government's plans to overhaul the judiciary are not enough.

Largest Protest in the History of Israel as Hundreds of Thousands Take to the Streets

Massive protests have erupted across Israel tonight after PM Netanyhau fired his Defense Minister, a day after he called on the Israeli leader to halt a planned judicial overhaul that has fiercely divided the country. As a reminder, Netanyahu and his allies say the plan will restore a balance between the judicial and executive branches and rein in what they see as an interventionist court with liberal sympathies. But critics say the constellation of laws will remove the checks and balances in Israel’s democratic system and concentrate power in the hands of the governing coalition. Gallant's dismissal signaled that Netanyahu will move ahead this week with the overhaul plan, which has sparked mass protests, angered military and business leaders and raised concerns among Israel’s allies. Hundreds of thousands of Israelis took to the streets in Tel Aviv and Haifa. Saturday night's crowds were reportedly the largest ever. Will there be a military coup in Israel?

Americans Now Dying in Syria to Protect Syrian Oil Fields the U.S. Military Seized

Americans in the U.S. military and with military contractors came under fire in Syria this past week, suffering casualties from alleged Iranian drone strikes. Why is the U.S. military still in Syria?  It's hard to say.  No U.S. president since Barack Obama has offered a rational explanation.  Syria continues to act as a remnant of establishment war-hawk policies from the Bush era, with Obama, Biden and Hillary Clinton using the conflicts in Iraq and Afghanistan as a jumping-off point for their covert Arab Spring operations. In infamous comments made in 2019, former U.S. President Donald Trump said: "We’re keeping [Syria’s] oil. We have the oil. The oil is secure. We left troops behind only for the oil." Was President Trump's seizure of Syrian oil fields in 2019 legal? The attacks on the U.S. military bases in Syria followed the recent announcement that Saudi Arabia was normalizing relations with Iran, a peace initiative brokered by China. Saudi Arabia announced last week that they would reopen their embassy in Syria.

1 in 36 Children in the U.S. Now Diagnosed with Autism but CDC Refuses to Look at Vaccines as Cause

A brand new study was released today by Centers for Disease Control pegging the autism rate in the United States at 1 in 44 children, up from 1 in 150 children in 2000 when their complex surveillance system—The Autism and Developmental Disabilities Monitoring (ADDM) Network—was first instituted. Looked at another way, that means 2.7% of children today have autism, and the rate has grown by 243% since 2000. In the old days, people panicked when they saw a devastating disability amongst our children increase by 243%. But, the CDC isn’t worried, their “Public Health Action” from the study is unfortunately par for the course: The continued increase among children identified with ASD, particularly among non-White children and girls, highlights the need for enhanced infrastructure to provide equitable diagnostic, treatment, and support services for all children with ASD. Any question in the report about WHY the rate has increased so much? Of course not. But, it actually gets worse.

Russian Soldiers Discover “Baby Factories” in Ukraine where Young Children are Grown for Child Sex Brothels and for Organ Harvesting

A video has surfaced of Russian soldiers describing how they found a "baby factory" in Ukraine where young children are raised for the pedophile child brothels, or murdered to harvest their organs and sell on the Black Market. The video was published by The People's Voice, and they mention how other sources in Russia have covered this issue, and that Western Media just excuses it as disinformation or propaganda. But Russians are not the only ones who have documented this horrible practice of trafficking babies and young children for sex and then murdering them for their body parts. Two years ago we published the documentary published by Polish film producer Patryk Vega, called “Eyes of the Devil.” In this documentary, Vega is able to actually interview one of the child traffickers who trafficks babies from Poland and Ukraine to child brothels in Germany, where the children, usually around 5 to 7-years-old, work for a few years in the brothels until their tiny bodies start to break down, and then they are murdered to harvest their organs which are trafficked to the rich and powerful.

Southwest Airlines Flight Diverted as Pilot Collapsed Shortly After Takeoff – 5th Pilot Collapse in Past 3 Weeks!

Pilot Josh Yoder reports: “I’m being notified by passengers on a Southwest flight departing Las Vegas that the captain became incapacitated soon after takeoff this morning. He was removed from the flight deck and replaced by a non Southwest pilot who was commuting on that flight. This is now the fifth pilot incapacitation that I’m aware of in the past two weeks."

Central Bank Digital Currency Fail? Worldwide Resistance Against Central Banks Gains Momentum

Is the fear over the adoption of Central Bank Digital Currencies (CBDCs) being over-hyped? Nigeria has been used by some as an example of what may be coming to the U.S. in terms of rolling out a CBDC, as Nigeria is the first major country to do a mass rollout of CBDCs and attempt to replace cash. But now one year later, it appears that the rollout of the Nigerian CBDC, the eNaira, has been a total failure, as their Supreme Court has ruled it is "unconstitutional," and there are calls for arresting the head of the Central Bank in Nigeria. And in an article published today, March 23, 2023, it is being reported that the Nigeria Labour Congress is calling for public sector workers to start a nationwide strike next week, protesting at Central Bank branches, which could cripple the entire country. Within the past 30 days or so, several U.S. politicians have also come out publicly against Central Bank Digital Currencies. They include: U.S. Congressman Tom Emmer, South Dakota Governor Kristi Noem, Florida Governor Ron DeSantis, and Texas U.S. Senator Ted Cruz. What do these four politicians all have in common? They are all Republicans. You know, the party that used to hold the position that "all vaccines are safe and effective and the science has been settled," which was the position of ALL politicians, both Democrats and Republicans, until it was decided by the GOP in 2022 that it was OK to oppose one kind of "vaccine," the COVID shots, and therefore made it a political issue. And of course they only adopted this position AFTER hundreds of millions of Americans had already received their shots. This GOP position on the COVID shots, however, did not result in any action to either STOP injecting Americans with COVID-19 bioweapons, nor hold accountable those who approved them. So do we now trust them on their opposition to Central Bank CBDCs?

America’s Faith In Technology is Leading the Financial Collapse of a Once Great Country

Today's meeting of the Federal Reserve and their announcement regarding interest rates was, by far, the most anticipated financial announcement so far in 2023. Since the start of the banking collapse of the past couple of weeks, there has been widespread speculation about what the Fed was going to do today. Would they announce rate cuts and the return of easy money, which would throw a life preserver out to America's smaller banks, or would they continue with rate hikes in an attempt to lower inflation, but potentially doom hundreds of America's smaller and mid-sized banks to collapse? It was a no-win situation for the Fed, and most were anticipating at least a halt in rising interest rates, if not the announcement of rate cuts. In the end, the Fed announced another rate increase, stating that rate cuts were not on the table for the rest of 2023. Trying to calm the nerves of investors on Wall Street, Federal Reserve Chairman Jerome Powell announced that "all depositor savings" were "safe," and that they were prepared to "use all tools" to keep the U.S. banking system "safe and sound." However, Treasury Secretary Janet Yellen, who was testifying before a Senate Appropriations subcommittee at the same time Powell was making his remarks, was asked if the FDIC was going to raise the limit on bank deposits that are insured above the current $250,000 limit, and she replied: “This is not something we have looked at, it’s not something that we’re considering.” Whoops! The stock markets then began a steep decline in the final hour of trading, as soon as she said that. Bank stocks tumbled once again, but they are not the only ones looking at disaster. The automobile industry and the housing market is also in big trouble now, as U.S. consumers' ability to borrow money and make major purchases will now get even worse. And just as a reminder, this current crisis of liquidity and downward spiral all began last year when FTX blew up, and the Big Tech sector began massive layoffs. Big Tech's main bank, Silicon Valley Bank, the 15th largest bank in the U.S., was the first to crash. And now, America's reliance on technology is crippling this nation, and it can only get worse, as all of this technology, such as AI which is eating up $billions of cash in Chat bot and other software right now, is all dependent upon hardware, and most of that is produced in China and Taiwan. China can now easily cripple the United States and bring us to brink of collapse, without firing a single shot or launching a single missile, by simply cutting off their exports to the U.S., and blocking exports from Taiwan.

Central Banks are out of Ammo with no Choice but to let their Currencies Burn

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 “who’s next?” speculation ran wild. And just like that, the era of tight money ended. The piecemeal, fingers-in-the-dike character of this response can be explained in one of two ways: Either the morons running the global financial system were completely blindsided because they actually thought rising interest rates and a falling money supply would slow inflation without unintended consequences, despite a century of contrary experience. Or the evil geniuses running the global financial system have engineered a multi-faceted crisis as an excuse to assume total control. Banks were already tightening credit standards before last week’s flash crisis. Now virtually all of them will stop lending to any but their strongest clients. The number of underwater car loans, where the loan balance exceeds the value of the car, has been rising for months. Commercial real estate was toast in any event, but now it’s burnt toast.

“An Extraordinary Change”: Labor Data Reveals Shocking Drop In Workplace Attendance Following COVID-19 Vaccination Campaign

Last we heard from former Blackrock portfolio manager Ed Dowd and his deep-dive partners at Phinance Technologies, the rate of Serious Adverse Events reported during Covid-19 vaccine trials closely tracked a spike in disabilities reported following the vaccine's official rollout. In their latest analysis, Dowd and crew use data from the Bureau of Labor Statistcs (BLS) to reveal a shocking spike in both employee absence and lost worktime rates, which they believe is due to vaccines - either from primary vaccine injuries, or because of weakened immune systems due to the jab, and not long covid caused by the virus itself.

California Farmers: “We’ve Lost EVERYTHING” – $BILLIONS of Food Lost in Floods in State that Produces Half of America’s Agriculture

Almost half of America's agriculture is produced in the State of California, producing over 50 $BILLION annually in revenues. Now, with recent historical and unprecedented flooding, many farmers in California are reporting that they have "lost everything." And it is not over yet, as the rains continue, and record amounts of snow in the Sierra Nevada mountains still need to melt, which will flow into farmlands that are already devastated in California's Central Valley. The emphasis today is still on saving people's lives as the rain and flooding continue, and nobody knows yet what the final damages will be to America's richest farmlands and how that will impact food security in the United States, and the nation's already fragile economy. I have put together a video report that is just under 15 minutes. I have friends and family members who live in this area of California, so I can confirm from first hand experiences that none of this is exaggerated. It is real. This was a very emotional video for me to compile.

A New World Order is Emerging as the Davos Banking System Collapses

With the collapse yesterday of the world's first SIFI (systemically important financial institution - "too big to fail") bank, Credit Suisse, the reality that the financial system of western culture is now on the brink of collapse is starting to sink in with Americans. While still not headline news in the American corporate media, financial headlines were notably pessimistic today, even with the stock market posting gains. The more dire outlooks are still being published as "opinion pieces," but it appears that more and more Americans are starting to face the reality that life as we have known it, is about to radically change. Here is an article that was featured on the Home Page of Market Watch for most of the day today, while the markets were open. And while it is listed as an "opinion" piece, it sure reads like a news article to me. "Opinion: The end of the ‘everything bubble’ has finally hit the banking system. Credit Suisse and SVB might be just the first of many shocks." The independent financial alternative media, without needing investors and editors' approval to print anything, was much more apocalyptic. Here are a few headlines from ZeroHedge News today: "The Banking System is On The Brink of Collapse," "This Financial Crisis Will Be Like None Other In History," "Nowhere To Hide In CMBS: CRE Nuke Goes Off With Small Banks Accounting For 70% Of Commercial Real Estate Loans." A New World Order is emerging, and it is NOT led by the Davos Crowd and the World Economic Forum.

Swiss Bank Fails! Bail-ins Implemented as Seniors’ Pensions Raided – Chaos in Europe as France Burns

Credit Suisse, which was the second largest bank in Switzerland, and considered a "too big to fail" bank, has failed. Swiss authorities rushed through a deal late Sunday in an attempt to prevent a whole-scale stock market crash before trading started in Asia, along with futures trading in the U.S. The deal involved a forced fire sale to its rival bank, the largest bank in Switzerland, Swiss National Bank (SNB), which included both bailout money from Switzerland's Central Bank for SNB, along with a bail-in of AT1 bonds with Credit Suisse used to fund seniors' pensions, which will be completely wiped out. The bail-in wipeout of senior pensions is sure to fuel protests already happening around Europe over pension reforms, especially in France where protests began Thursday night last week when President Emmanuel Macron invoked what is basically an "executive order" before the French Parliament was about to vote on, and DISAPPROVE, pension reforms. The French have been rioting in the streets since then, continuing through Sunday night, as at the time I am writing this there are still livestream reports being broadcast showing much of France burning. Could we see similar types of bail-ins and pension funds disappear in the U.S.? Here is what the CEO of the largest investment firm in the U.S. said a few days ago...

Bailout Failure! Bank Runs Drain $550 Billion In Deposits In One Week – Are we Looking at an Infrastructure Collapse that will be Blamed on “Cyber Attacks”?

After a brief reprieve of declining bank evaluations yesterday (Thursday March 16, 2023) due to some of America’s largest banks stepping forward to provide an infusion of $30 billion for San Francisco's troubled First Republic Bank, considered the next FDIC bank about to collapse, the financial system took another hit today in the Stock Market as it lost confidence in the ability of the larger banks to step forward and bail out smaller banks. If anything, it appears more likely that the criminal banking cartel is about to consolidate their power by driving the smaller banks out of business. And in the midst of bank runs and declining bank valuations this week, the Corporate Media published reports about possible cyber attacks being launched by Russia, according to a "research report" published by Microsoft. Big Tech, which we previously reported is now controlling the country's infrastructure in Ukraine, is also mostly running the operations for the U.S. military today. So when you discuss private companies who receive $billions from the U.S. Government in defense contracts today, you need to add Microsoft, Amazon.com, Google, and Elon Musk's Starlink, and other tech companies to the list of traditional private defense contractors such as Lockheed Martin, Raytheon, Northrop, etc. If the U.S. Government cannot stop the bank runs and the collapse of the banking system, will they just turn to Big Tech to shut down the entire system, either by taking down the Internet or the electrical power grids, or both, and then blame it on Russia and use it as an excuse to start the World Economic Forum's "Great Reset" agenda?