Alternative Health looks at alternative ways of treating illness apart from the medical system.
Are the Days of Ishmael Here? Global Finance Leadership Takes a Turn East, to the Arab Middle East
If Saudi Arabia did not appear in your news feed for the past two days, then you have missed what has been perhaps one of the most important news stories of not only the past couple of days, but perhaps of the past year, if not the past decade or century, while most of the U.S. population is being distracted by entertainment news as the clown circus show in Florida took their act to Manhattan today. First, out of nowhere, Saudi Arabia shocked the western financial world yesterday (Sunday, April 2, 2023), by announcing that OPEC was going to reduce oil production by over 1 million barrels per day. The U.S. financial news publishers were very busy today trying to process what just happened. There are concerns that this move will now cause more inflation in the U.S., and hasten the collapse of the banking system. And as if the announcement of the OPEC production reduction wasn't already enough major breaking financial news on the first Monday in April, there is this explosive report published by The Information today: "Saudi Arabia Discloses Ties to Andreessen Horowitz, Dozens of Other Venture Funds" Wow!! Talk about timing for Saudi Arabia to come out in the open and reveal that they have made massive investments into Silicon Valley venture capitalists for the past several years! As Health Impact News readers well know after my headline article yesterday, since the banking crisis started last month, the Tech sector has been mostly holding up the economy in the U.S., mostly based on all the hype surrounding new Chat bot artificial intelligence development, which doesn't even have a working model yet to produce revenue. And now we find out today, the day after OPEC announced they are reducing oil production which will almost guarantee inflation will increase, and potentially spell doom to America's small and regional banks, if not collapse the entire banking sector, that Saudi Arabia has been one of the major contributors of liquid assets into Silicon Valley? Will they continue to invest in Silicon Valley and prop up the U.S. economy? The entire U.S. economy now seems to be in the hands of Saudi Arabia. So are the days of Ishmael here, and the fulfillment of God’s promises and prophecies made thousands of years ago to bless Ishmael, the son of Abraham and the father of the Arab people?
WARNING: Faith in Artificial Intelligence is About to Destroy America – A Total System Collapse May be Imminent
As we now enter the first week of the second quarter here in 2023, the United States stands on the brink of a total financial collapse. There are many ways to view the current economic crisis we all face, and the economic factors that have brought us to this point today, such as the steps that were taken in 2008 during the last economic crisis which never solved the problem, but only kicked the can down the road until the crisis grew bigger, or the role that COVID policies played starting in 2020, or the myriad of other factors that have led us to the place where we all stand today. But the view that I choose to write about and explain, since so few others are writing about it, is the Big Tech collapse that began in 2022, with the blowup of the FTX cryptocurrency exchange, and the massive layoffs that began in the world's largest technology companies. While it is hard to put a number on the total financial loss in the U.S. economy due to the FTX collapse, over $30 billion alone was lost just due to bankruptcies of some of the largest cryptocurrency exchanges. And that does not include the two largest cryptocurrency exchanges, Binance and Coinbase, which today are in serious trouble and could also be facing failures and potential bankruptcy. This crisis spread to the banking industry at the end of the first quarter this year, with banks heavily invested in the cryptocurrency market experiencing bank runs and collapse, including Silicon Valley Bank, which at the time was the 15th largest bank in the U.S. And more banks face failure today, as the bank runs have not stopped. But the markets haven't crashed yet, partially because there is so much money in the system that the Fed has created since 2020. And not only has the U.S. stock market not crashed yet, the one sector that one logically would conclude is in the middle of massive correction, the technology sector, which investors should avoid like the plague, is the one sector that is actually increasing, even since the bank failures. This sector, represented mostly on the NASDAQ, is holding up the entire financial system right now (at least as of the end of the last week in March), and I am not the only one questioning the logic of seeing Big Tech as a "safe haven" to park money into today. So if Wall Street financial analysts are warning that Tech stocks are NOT a safe haven to put money into today, what is causing this faith in technology to continue drawing investors, which appears to be the only thing holding up the economy right now and stopping a complete financial collapse? We don't need to look far to see what is causing the latest feeding frenzy in technology these days, as it is in all of our news feeds on a daily basis: Artificial Intelligence Large Language Models (LLMs), such as ChatGPT. LLM based Artificial Intelligence is believed to be a market that will grow to over $1.59 trillion by 2030. However, as in all other technology financial bubbles in the past, all of this money is being bet (not "invested") on the future, not the present, because all we have today are prototype models that don't even work correctly. In spite of all the hype you are reading on a daily basis regarding the latest "AI technology" with these chat bots, they are not actually producing any revenue yet. They are simply sucking up much of the remaining capital in the U.S. market. And now, the chat AI products are in position to be perhaps the biggest financial bubble of all time, and when it bursts, which could be tomorrow, next week, next month, or perhaps not until the end of 2023 or first quarter of 2024, it most definitely could bring down the entire financial system in the United States.
Google Co-Founder Among Billionaires Subpoenaed in Jeffrey Epstein Case
Billionaires Sergey Brin, Thomas Pritzker, Mortimer Zuckerman and Michael Ovitz were issued subpoenas this week by the US Virgin Islands as part of its lawsuit against JPMorgan over the bank's relationship with now-deceased pedophile Jeffrey Epstein, according to the Wall Street Journal, citing people familiar with the matter. The subpoenas seek any communications or documents related to JPMorgan and Epstein. JPMorgan is being sued by the US Virgin Islands along with several Epstein accusers in a combined case over Epstein's sex trafficking operation. The plaintiffs claim that the bank facilitated abuse by allowing Epstein to remain a client while helping send money to his victims. The lawsuit also alleges that JPMorgan turned a blind eye to Epstein's activities after receiving referrals for high-value business opportunities.
Is the War in Syria Intensifying? U.S. Carrier Strike Group Deployment Extended as U.S. Troops Suffer “Brain Injuries”
America's resolve to hang on to oil fields in Syria that former President Donald Trump seized in 2019 seems to be intensifying as the U.S. military has extended the deployment of the George HW Bush Carrier Strike Group, which has been under NATO command since last year, and is currently in the Mediterranean Sea. The George HW Bush Carrier Strike Group replaced the Harry S. Truman Carrier Strike Group in the Mediterranean Sea last year. We reported on the original deployment of Harry S. Truman Carrier Strike Group to the Mediterranean Sea under NATO command last year, because it marked the first time that U.S. Navy forces based in Norfolk, Virginia were being commanded by a non-American as part of NATO. This followed the annexation of the U.S. Naval base by NATO in 2021, even though the base is on U.S. soil. It is also now being reported that some American troops in Syria are suffering from "traumatic brain injuries" after recent attacks in Syria. This is not the first time U.S. troops based in the Middle East have suffered from these types of "traumatic brain injuries." In 2020, American troops stationed in Al Asad Air Base in Iraq came under attack when Iran launched 15 ballistic missiles on the base in retaliation for a U.S. drone strike that killed Maj. Gen. Qassem Soleimani, the commander of Iran's Quds Force military branch. Troops there also suffered "traumatic brain injuries," but then President Donald Trump and others refused to acknowledge the injuries for over two years. This latest round of conflicts in Syria follows major announcements in the rapidly changing geopolitical makeup of the Middle East, where Saudi Arabia has put aside decades of conflict with Iran and has also agreed to start selling oil to China in China's currency, rather than U.S. dollars. Turkey is another major player in the Middle Eastern oil conflicts, and they just announced this week that they were closing down their pipeline pumping oil out of Iraq due to ongoing conflicts with the Kurds in northern Iraq. This action by Turkey has allegedly taken 450,000 barrels per day of crude exports out of the market. The American Empire is crumbling, as is their control of Middle Eastern oil.
China And Brazil Strike Deal To Ditch The US Dollar
According to the Brazilian government, China and Brazil have reached a deal to trade in their own currencies, ditching the United States dollar as an intermediary entirely, AFP reported. The deal, Beijing’s latest salvo against the almighty greenback, will enable China, the top rival to US economic hegemony, and Brazil, the biggest economy in Latin America, to conduct their massive trade which amounts to $150 billion per year, and financial transactions directly, exchanging yuan for reais and vice versa instead of going through the US dollar. In doing so China extends its bilateral, USD-exempting currency arrangements beyond countries such as Russia, Pakistan and Saudi Arabia to now include the Latin American exporting powerhouse.
No Fooling: The End of “Private Banking” Starts Today with Bank Enrollments in the New FedNow Program
The first week of April, 2023 marks the beginning of the enrollment and certification process for financial institutions to start participating in the Federal Reserve's new FedNow "Instant Payments" services, which is scheduled to launch in July, 2023. While many in the alternative media (myself included) have linked the FedNow program to Central Bank Digital Currencies (CBDCs), technically speaking, FedNow is NOT part of the development of CBDCs. Michelle Bateman, Director of Product Management, Payments at Finastra, is a member of FedNow’s pilot program, and she has stated that the project to develop CBDCs is completely separate from the FedNow Instant Payment service. The main difference is that once CBDCs are rolled out, consumers will have accounts with a Federal Reserve Bank, while the FedNow program does not. The FedNow program will be offering "Master Accounts" at the Federal Reserve for financial institutions only. However, as I have previously stated, rolling out CBDCs is a mammoth project, and cannot be done overnight. It would be foolish to not believe that the FedNow program is not a stepping stone towards CBCDs. As you can see from the flow chart at the top of this article, with the implementation of the FedNow Instant transfer program, all the data involving a financial transaction between two "End-Users" will flow through the Federal Reserve banks. So while they are advertising the FedNow program as a new system that will make payments and wire transfers much quicker and much more convenient, it is also a mass data collection system for the Fed to begin storing private bank information. Will this include all the personal details of account holders in private banks?
All the Many Ways Big Tech is Selling Your Data to the Government Who is Spying on Americans without Warrants
I am not going to cover the RESTRICT Act proposed legislation regarding TikTok, since just about everyone else in the alternative and right-wing corporate media seems to be covering that story, but I am going to highlight some of the many ways the U.S. Government already purchases data from Big Tech and spies on American citizens, illegally, without a warrant. These articles are from the Cyber Vice topic, a great source of information on the darker side of Tech.
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.
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.
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.
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.
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.