Fri, 10 May 2024 04:00:24 -0700WeeblySat, 18 Mar 2023 19:23:34 GMThttp://plim2.org/3-18_19-23_plim-blog_notes_review-of-us-bank-failures/3-18-23_plim-blog_review-of-us-bank-failuresPLIM Financial Preparedness Class Notes, Sunday, March 19, 2023
Posted to www.plim2.org 
Dr. Lee Warren, BA, DD
Edited by Dr. Penny Warren, MA, DD


Topic: Is This the Beginning of the Collapse of Mystery Babylon? Review of Bank US Failures in One Week as Money Failed in Egypt (Gen. 47:15)
Scripture Lesson: Amos 3:7, Matt. 21:12-13


“Surely Yahweh Elohim (the Lord GOD) will do nothing, but he revealeth his secret unto his servants the prophets.”
Amos 3:7 KJV


“And Yahshua (Jesus) went into the temple of Elohim (God), and cast out all them that sold and bought in the temple, and overthrew the tables of the moneychangers, and the seats of them that sold doves, and said unto them, It is written, My house shall be called the house of prayer; but ye have made it a den of thieves.” Matthew 21:12-13 KJV
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Videos of Day


Introduction to Big Brother.  CBDC Launching on Blockchain
FedNow Service Launching In July - GOODBYE FREEDOM
First 5 minutes

Entire Financial System is Bankrupt- Bob Moriarty
T00:21 sec, 01:30 - 7:20,


ALERT! Fed. To PUMP TWO TRILLION DOLLARS INTO THE BANKING SYSTEM! Regional Banks FOR SALE! Mannarino


Is SVB another Bear Sterns?
Watch the Banks. They're Prepping for another 2008 Credit Crisis.
First 2 minutes
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Highlights 

• Banks Fail & Collapse, Panic Follows, Bank Runs Occur, Markets Decline
• Rescue Plan: Feds, Treasury, FDIC, Other Bank Bailouts
• WoridWide Nations Selling US Treasuries/Bonds, Pensions Affected
• US Budget Crisis
• Russia-Ukraine War 

Inflation fell for the eighth-straight month in February | CNN Business


UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system


Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'

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Introduction
Everywhere in nature there are cycles in operation, which reflect the operation of universal spirit law operating unerringly throughput every cosmic phase of the universe. For example, the sun rotates polarity every eleven years, where the North Pole becomes the south and the south  becomes the north pole.


The so-called chaotic events of the world are pointing to convergent cycles: the jubilee debt cycles, war cycles, political and social cycles, over turning of great nations, to name a few cycles. These cycles are revealed by the divine pattern of the universe, which is Elohim Himself. (Ex. 24:9-10) 


Two authors, Williams Strauss and Neil Howe, wrote a book entitled The Fourth Turning: American Prophecy. It revealed “What the Cycles of History Tell Us About America's Next Rendezvous with Destiny.” Quoting “According to the theory, historical events are associated with recurring generational personas (archetypes). Each generational persona unleashes a new era (called a turning) lasting around 20–25 years, in which a new social, political, and economic climate (mood) exists. They are part of a larger cyclical "saeculum" (a long human life, which usually spans between 80 and 100 years, although some saecula have lasted longer). The theory states that a crisis recurs in American history after every saeculum, which is followed by a recovery (high). During this recovery, institutions and communitarian values are strong. Ultimately, succeeding generational archetypes attack and weaken institutions in the name of autonomy and individualism, which eventually creates a tumultuous political environment that ripens conditions for another crisis.[citation  needed]“
https://en.wikipedia.org/wiki/Strauss–Howe_generational_theory  


Basically, this theory of the Fourth Turning reflects the seasons moving from fall and winter, death and burial states, to spring and the summer, where life and fruition occurs.
The irony is this history has already been revealed by Moses, the prophets and the Apostle John’s panoramic vision in the book of Revelation, which was written almost 2,000 years ago. It reveals the repetition of these cycles through the ages. In Egypt when Joseph was Governor there, money failed (Gen. 47:15) and the Apostle John saw the great Babylon system collapse (Rev. 18:1-9)
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Will Rescue Plan for Banks Destroy the Dollar?
In the year 2023 (1990 + 33) the events in the world show the financial and economic systems are coming apart, as revealed in the collapse of the banking system and the economies of nations. They have reached their zenith or resurrected state (Spring and summer) and are now entering the fall and winter states. 


The irony is the Federal Reserve Bank and other central banks around the world can’t create enough currencies to bail out the banks without destroying their bond market and currencies. None of today’s currencies are backed by gold or silver. They are created out of thin air, a fait system, backed by the credit and faith of the governments. 


The collapse of just three US banks, Silvergate Corporation, Silicon Valley Bank and Signature Bank, occurred in less time than a week due to the $620 billion unrealized losses they were sitting on.   


A Ticking Time Bomb? U.S. Banks Sitting On $620 Billion Losses | Vantage with Palki Sharma  
T:  3:30-6:08


USA BANK RUN PANIC as Third Bank COLLAPSES in 5 Days. Signature Bank Closed by FDIC after BANK RUN


There is a fourth bank, First Republic, also being rescued by the Treasurer Janet Yellen, Fed Banker J. Powell, and Chase Bank Chairmen Jimmy Diamond, who created a lifeline of $30 billion from 11 major banks and institutions.


First Republic Bank gets lifeline from biggest U.S. banks
First minute and 20 seconds


With embedded vid - First Republic drops 70%, leads decline in bank stocks despite government's backstop of SVB


Now the Federal Reserve Bank doesn’t have the funds to bail out these banks, even though they have the power to print money out of thin air. What prevents the US government from doing so is the current debt owed because it already has a total budget deficit of $32 trillion and Congress has a budget deficit of $2 trillion for the coming year 2024.


If you think this is high number, keep reading. The total risk for six bank runs is $6 trillion on uninsured deposits, which shows the seriousness of these runs on banks. Clearly, the only possibility for these banks is banks failures.


6 USA Banks at Risk of BANK RUNS as $1 Trillion Uninsured Deposits Raises Risk of Bank Failures
Play first 7 min and 45 seconds


Can any nations, corporations, etc., have any faith in buying US Treasuries when the Fed is just printing money out of thin air and raising interest rates over 450% to fight inflation?


The Feds know if they try to print up $620 billion, it would blow up the US Treasuries around the world. Foreigners would sell their US bonds causing a crash in the bond market and the dollar’s value would collapse.

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World Selling US Treasuries
As the US banks collapse and the Feds raise interest rates, foreigners are selling US bonds.
17 Nations Keep Selling U.S. Treasuries in 2023, Germany France Ship Back the Fed's Gold Reserves.
Play 6 min and 20 seconds


Zimbabwe poised to ditch dollar in trade with Russia – official


Banks Rescue US & Europe
Credit Suisse shares rose over 30% at the market open after the bank said that it will borrow up to $54 billion from the Swiss National Bank.


Traders 'panic': Credit Sussie crisis is a 'Lehman moment,' expert says
Play first two minutes


Credit Suisse shares soar over 18% on Swiss National Bank loan announcement
“Credit Suisse shares soared more than 30% at Thursday’s market open after the bank said it will borrow up to 50 billion Swiss francs ($54 billion) from the Swiss National Bank.”

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David Morgan: Fed Rate Hikes & Fractional Reserve Banking Guarantee Many More Bank Bailouts Needed?


Andy Schectman: Extremely Heavy Gold, Silver Buying Following SVB Collapse


Silver Price EXPLODES! 4th Bank Collapse Fears!
T0:35 - 5:40

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Bailouts


Rafi Farber: The End Game Approaches With $2 Trillion Bank Bailout Imminent


Douglas Macgregor - Unheard of Tactics Takes Down US Unmanned Vehicle
T:  19:21-20:24 surprised if Pres Biden in WH in 90 days


With embedded vids-  The Fed Just Announced CBDC Launch 2023


"34 More Banks at Risk of Failure!" - Could Your Bank Be The Next to Collapse?


FED LEAK: Saudi Arabia & Brics Refuses Shipping To Collapse US Economy - Peter Schiff


The Bank Crisis - The big Picture . . . Inevitable Collapse . . . less than 1 year?
With image of banking web


Moody's cuts outlook on U.S. banking system to negative, citing 'rapidly deteriorating operating environment'

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