Will Joe Biden be Replaced? From Barack Obama to Gavin Newsom, people are promoting anyone but Kamala
“There are growing rumors of a possible Joe Biden replacement following his first debate against Donald Trump. … the argument makes sense considering how dramatically Biden's odds of winning plummeted as Americans watched his performance. However, I don't think that's what will actually happen... Because there's a sneaky, yet 100% legal way for Biden to still win the election – without ever having to replace him on the ballot. …
Hundreds of trillions of dollars in derivatives (side bets) threaten the US financial system and will cause a financial collapse of epic proportions. Got gold!!
“The Federal Deposit Insurance Corporation (FDIC) has warned that 63 Banks are "vulnerable" to failure due to $517 Billion in Unrealized Losses, marking a "concerning uptick" in the financial sector's instability. Despite the claimed ‘resilience’ in the banking sector by the U.S. Federal Reserve and the Biden administration, the specter of significant financial strain looms large. Unrealized losses on securities swelled by $39 billion from the previous quarter, driven predominantly by depreciations in residential mortgage-backed securities due to rising mortgage rates.” FDIC: 63 BANKS TEETERING ON FAILURE
Inflation caused by the Biden administrations reckless spending is causing more and more financial pain for average Americans. A great financial reset is coming!!
Large banks are finding it harder and harder to get loans and savings from people because of inflation. Liquidity is drying up and they need this in order to make new loans. The system will fail soon!!
“We have written quite extensively over the last several years as to why it's a huge misunderstanding to believe that the largest U.S. banks will be safer than smaller banks in a systemic crisis scenario. Last week, we published an article in which we discussed that the largest banks (assets > $250B) posted the sharpest increase in the CRE delinquency ratio, according to the FDIC. The FDIC also reported that larger U.S. banks (assets > $100B) have significantly underperformed the rest of the banking sector in terms of deposit dynamics. Larger banks posted a 6.8% outflow, while community banks showed a 1% increase.” Larger Banks Are Facing Liquidity Issues By Avi Gilburt
People are really suffering due to high inflation caused by the Biden Administration. Here, a fellow says that a re ordering of the same items purchased in 2022 at cost $126 is now more than double at $414 today. How are people going to survive!!