Alternative Health looks at alternative ways of treating illness apart from the medical system.
3rd FDIC-Insured Bank Fails in 5 Days but Feds Avoid Black Monday by Bailing Out Depositors
Sunday morning U.S. Treasury Secretary Janet Yellen appeared on Sunday talk shows to announce that the Fed was NOT bailing out Silicon Valley Bank or any other banks, as they did in 2008. However, faced with the possibility of bank runs and a Black Monday collapse of the stock market, the Feds apparently reversed course (or maybe this was their intention all along?) and did just exactly what they said they would not do, and put into place a program to bail out depositors who were not covered by the FDIC's limit of $250k per account. The FDIC also closed another bank, Signature Bank in New York, but assured depositors that they could get all of their money out of their accounts on Monday. And it worked, as futures trading that began Sunday night jumped up, instead of crashing, and Wall Street breathed a deep sigh of relief. We now have had 3 FDIC-insured banks fail in 5 days, but it doesn't matter if your account was insured or not, as the Fed is just going to give everyone their money back. So the financial Armageddon has been postponed, again. The Big Tech billionaires, like Mark Cuban, whined and complained over the weekend that the Fed was not stepping in to save them, so the Fed obliged. The banking system was saved, for now, so the $billions can continue to pour into Wall Street to fund the military industrial complex to continue their wars, as well as $billions flowing into Big Pharma to keep funding never-ending emergency use authorizations for new drugs and vaccines. This won't fix the systemic problem with our financial system, but at least depositors should be able to get access to their money Monday, even though that money will be worth far less than it was on Friday. Get ready for the mass consolidation of the banking industry now and the rollouts of Digital IDs and eventually Central Bank Digital Currencies (CBDCs).
The Government May Stop Issuing Social Security Payments After the Debt Limit is Hit
There’s a very real possibility the government will stop issuing Social Security payments after the debt limit is hit. Scary as that prospect is, however, the alternative might be even worse: A little-known provision of a 1996 law could be interpreted to allow the Social Security trust fund to be used not only to pay Social Security’s monthly checks but also to circumvent the debt limit and pay all the government’s otherwise overdue bills. If that happens, any short-term relief to Social Security recipients would come with a potentially huge long-term price tag: The Social Security trust fund could be exhausted much sooner than currently projected—in just a couple of years, in fact.
2nd FDIC-Insured Bank in 3 Days COLLAPSES! Bank Runs, Trading Halted on Some Banks
Silicon Valley Bank became the second FDIC-insured bank to collapse in 3 days today. They are reportedly the 16th largest bank in the U.S., and the largest bank to collapse since the 2008 financial meltdown, and the second largest bank to ever collapse in the U.S. While it was still not the main headline news this morning in the corporate media, a glance at the headlines as I began to write this article shows that it is apparently now getting the headline news it should receive, as bank runs are starting, and some banks suspended trading today to stop the carnage. The Alternative Media is mostly still asleep, ranting and raving about new "Jan. 6 footage" and the Tucker Carlson show, or talking about the latest AI technology that is going transform everyone into transhumans and hack our brains. But this news about Silicon Valley Bank collapsing today has led to a dramatic drop in value in trading for ALL banks, and several of them reportedly suspended trading on the NYSE for a while today. Bank runs have also been reported across the country.
Four biggest US Banks Lost $52 BILLION in Valuation Today as Dow drops 540 points
The corporate media is now widely reporting on this, and the entire banking sector took a huge hit today, losing $billions in valuation, $52 billion lost just with the four largest banks in the U.S. Bank runs and bank failures are no longer an "if," but simply "when." Which ones are next?
BREAKING: Silicon Valley Bank Run has Reportedly Started – Website Down
The news is moving fast now, with the report of Silicon Valley Bank (SVB) being in trouble, after Silvergate Bank announced yesterday that they were liquidating their assets and shutting down. A bank run has apparently just started at SVB, with reports that people cannot access their funds, and that their website is down. This is a developing story...
WARNING: Big Tech Banks Collapsing! Infection Spreading to Other Sectors
The collapse of the banking industry has started, with FDIC-insured Big Tech Silvergate Bank announcing yesterday they were liquidating their assets and closing down. Silicon Valley Bank also announced yesterday that they have lost $10 billion, while trying to reassure depositors to just "stay calm," suggesting that their collapse is also probably imminent. I don't think there has been a more significant news event in the financial sector since the financial crisis of 2008, and yet at the time of my publishing this article, none of the corporate media is treating this as a headline story, unless it is a publication that focuses only on financial news. This is the beginning of the storm that should have happened last year after FTX blew up, and probably did, but the infection that I have been calling The Big Tech Crash that started in 2022 has only just now begun to reveal how serious this crisis is, which can no longer be hidden from the public as the bank failures have now begun. Bank runs that began last year, are only going to significantly increase in the days and weeks ahead. And this infection is not confined to Big Tech and their banks, but is spreading fast to other sectors of the economy.
Trump’s Call for Building “Freedom Cities” Plays Right into Globalists’ Plan for Fourth Industrial Revolution Control Grid
Low and behold, the paragon of American conservatism has now come out of the woodwork with a message built on repackaged, reformulated smart cities as the way to go moving forward. Because the globalists’ climate agenda doesn’t resonate with conservatives, the globalists need a prominent conservative political voice who could take their message and communicate it in a way that appeals to conservative patriotic Americans. Enter the perfect stooge: Donald J. Trump. In the same way Trump offered his services to the globalists when he sold their deadly mRNA clot shots to conservatives, he is now signaling to them that he is willing and available to be used again — this time to convince us to move back into the cities, where we will be safe, secure and well taken care of. Instead of warning us about the globalists’ plans for digitization of everything, including our money and our very identities, Trump puts his own patriotic twist on the same globalist technocratic theme. He is distracting us here with stupid talk about flying cars and Americanizing the tools of our slavery. Instead of buying the tools from China, he will make sure they’re all American-made. Doesn’t that make you feel warm and fuzzy inside?
Big Tech Crash Accelerating in 2023 – Billions Lost on AI, Bank Failures, CHAOS!
The Big Tech Crash of 2022-2023 is accelerating here in 2023, and yet almost nobody is sounding the alarm as to just how significant the crash is going to affect everyone's lives. Instead, we are pummeled every day with reports in both the corporate and alternative media about how the technology is advancing, and that AI is poised to take over the world and replace humans. Nothing could be further from the truth. While it is easy to collate the news and come to this very simple conclusion, that Big Tech is crashing, I have yet to see one other journalist refer to what we are now seeing as a "Big Tech Crash" which is very rapidly making the Dot.com technology crash of 2001 look like a walk in the park by comparison. According to Layoffs.fyi, there have now been 125,977 layoffs in Big Tech for the first two months of 2023. There were 161,411 layoffs in Big Tech in all of 2022. As we complete just the 1st week of March, 2023, things are only getting worse, much worse.
JPMorgan Chase CEO Fights Deposition in Lawsuit Charging Chase Bank Being the Cash Conduit for Jeffrey Epstein’s Sex Crimes
In the Attorney General’s office of the U.S. Virgin Islands' lawsuit against JPMorgan Chase, the largest bank in the U.S., which is being accused of knowingly funding Jeffrey Epstein's pedophile sex operation, CEO Jamie Dimon is being deposed to testify under oath in the case, although his lawyers are trying to prevent him from testifying. Investigative journalist Whitney Webb has recently published a 2-volume book covering the work of Jeffrey Epstein, and she identifies the main businessmen who financed Epstein's work: Billionaire Leslie Wexner who owns retail giants like Bath & Body Works and Victoria's Secret, Billionaire Bill Gates, and Billionaire Donald Trump. Jamie Dimon is the CEO of Chase Bank which is allegedly where Epstein held his accounts.
Bank Runs Quietly Continue to Increase Where Depositors Cannot Withdraw Their Funds
While we have not seen a total collapse of the worldwide financial system yet, bank runs that began in 2022 with the collapse of FTX and the $billions that were lost when depositors were not able to withdraw their funds, continue to happen here in 2023, although they do not get headline news coverage. Last week, Pam Martens, writing for Wallstreet on Parade, reported that bank runs were happening at Silvergate Bank, a U.S. FDIC insured bank. Credit Suisse, the second largest bank in Switzerland, which saw bank runs begin last fall, continues to see a mass exodus of depositors as its stock continues to fall here in 2023. It was also reported last week that Blackstone had defaulted on a $562 million bond, and was blocking investors from cashing out their investments at its $71 billion real estate income trust (BREIT). Unfortunately, this is probably just the tip of the iceberg in terms of bank failures and bank runs that await depositors, and I am not the only one saying that, as the U.S. and many European countries are now preparing for bank runs.