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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.

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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.

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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?

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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.

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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.

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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."

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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.

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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?

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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.

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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.

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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.

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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?

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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.

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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.

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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.

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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...

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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?

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FDA Continues Infanticide-by-Vaccine Program Giving Emergency Use Authorization for 4th COVID “Vaccine” for Babies and Toddlers Under Age 5

With the financial system on the brink of collapse and the war in Ukraine intensifying and capturing the public's attention this week, the FDA quietly gave a new emergency use authorization (EUA) for a 4th COVID "vaccine" booster for babies and toddlers under the age of 5. With the EUA COVID shots now being added to the CDC Childhood Vaccination Schedule, a baby born in the United States can now have 42 doses of vaccines injected into them before the age of 5. And if a child misses a few vaccines, or misses their "well-child" appointment with their pediatrician, no problem! As you can see from the image at the top of this article, pediatricians are trained to inject multiple doses into babies and toddlers during a single office visit, even though there are ZERO studies on the effects of injecting multiple doses of vaccines at the same time into babies and toddlers. If the baby or toddler dies after these injections, it will be classified as "SIDS", sudden infant death syndrome. This is infanticide-by-vaccines, and a way of reducing the population, and it is already happening. Here are a couple of records from the U.S. Government's own VAERS (Vaccine Adverse Events Reporting System) database where young children were injected with the EUA COVID shots together with other vaccines, and the child died. In the first case, a 6-month-old baby boy from Iowa was injected with 7 doses of vaccines (COVID + DTAP + HEPB + IPV + FLU + PNEUMO + ROTAVIRUS), and then died 10 days later.

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Banking Crisis Worsens: Swiss Bank is First “Too Big to Fail” Bank to be Bailed Out as Saudis Withdraw Support

Switzerland's second largest bank, Credit Suisse, which has been experiencing bank runs and plummeting stock valuations since the end of 2022, became the first SIFI (systemically important financial institution), or "too big to fail" bank, to crash today forcing regulators to step in and ensure a bailout. The Saudis almost single-handedly crashed the U.S. Stock Market (and stock markets around the world) this morning when they announced that they were not going to put any more money into the failed Swiss bank. While the U.S. Stock Market did end lower today, it most assuredly would have been a blood bath if Swiss Regulators had not stepped in to ensure the world that it was going to bail out their troubled bank. This was after European markets had closed, however, and European banks' stock values lost 7% at end of trading in Europe today. Since a simple statement made by Saudi National Bank Chairman Ammar Al Khudairy almost crashed the entire world's financial system today, what does that tell you about the frailty of the current banking system?

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Moody’s Downgrades Banking System from “Stable” to “Negative” – Crypto Takedown in Place with “Operation Choke Point”?

In spite of the fact that President Biden and U.S. Treasury Secretary Janet Yellen have told Americans that the U.S. Banking System is "safe and sound," Moody's Investors Service today announced that they had downgraded the U.S. banking system to "negative" from "stable" to reflect “the rapid deterioration in the operating environment.” They also announced today that they were studying First Republic’s debt rating for a potential downgrade, along with five other regional banks. Sifting through the plethora of news today regarding the banking industry's woes, there are some who are now questioning why the Feds closed down Signature Bank on Sunday, when other banks appeared to be worse off. This has led to speculation that cryptocurrency banks are being targeted, and the revival of the "Operation Choke Point" conspiracy theory.

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