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BREAKING: FDIC REPORTS 63 Lenders on Brink of Insolvency, 517 Billion in Losses

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patrioticpost.com

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Thu, Jun 13, 2024 02:05 AM

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SPONSORED Sponsored content keeps our newsletter free. We do not endorse all advertisers. $517,000,0

SPONSORED Sponsored content keeps our newsletter free. We do not endorse all advertisers. $517,000,000,000 in Losses Hit US Banking System. FDIC Says 63 Banks on the Brink of Collapse. "This is the ninth straight quarter of unusually high unrealized losses since the Federal Reserve began to raise interest rates in the first quarter 2022." - FDIC My Fellow American, In the first three months of 2024, 10 banks were added to the FDIC's Problem Bank List, for a total of 63 banks teetering on insolvency. That list is just an inch away from the FDIC "Failed Bank List." 63 Banks? That is a lot of banks. It is enough to severely damage the entire banking system. That's enough for thousands of people to lose their savings and retirement accounts. But we shouldn't be surprised. Back in March, Federal Reserve Chair Jerome Powell said: - 'There will be bank failures' caused by commercial real estate losses. Love him or hate him, Donald Trump saw this coming a mile away and tried to warn us. He said: "WE WILL HAVE A GREAT DEPRESSION FAR BIGGER AND MORE POWERFUL THAN THAT OF 1929. AS PROOF, THE BANKS ARE ALREADY STARTING TO COLLAPSE"!!! He was 1000% correct. Seven Banks Have Collapsed in the Last 16 Months. [Get Your Hands on This Complimentary Action Guide. It Has Everything You Need to Set up Your Personal Barrier of Protection.]( Clearly, this sits at the feet of Joe Biden and his economic and inflation policies. Bank Failures are Picking up Momentum On April 26, 2024, The FDIC seized Republic First Bank (dba Republic Bank) and just closed it down. The media is keeping it under wraps. Why? Here is a brief overview of the other banks that have recently collapsed: - Silicon Valley Bank - Signature Bank - First Republic Bank - PacWest Bank - Heartland Tri-State Bank - Citizens Bank Some may argue that PacWest Bank didn't collapse; they were purchased. But they were only purchased because they were collapsing and could not cover depositor withdrawals. Bank of California scooped up all of PacWest's assets for pennies on the dollar. If that's not enough. Fed Chair Janet Yellen and Joe Biden told the Senate Banking Committee they are taking the U.S. National Debt to $50 trillion. Are you prepared for HYPER-INFLATION? Our system is already beginning to crumble. It is time to protect yourself from the onslaught that is coming. It's time to prepare. [Grab this Complimentary protection guide. It will give you an economic hedge of protection.]( It's your insurance policy when things go bad. Don McPherson explains it very simply: - "True prevention is not waiting for bad things to happen; it's preventing things from happening in the first place." You're protecting yourself against future events. The first step is to get this [Complimentary action guide from Monetary Gold](. You'll also learn about the one type of account that Forbes magazine says all wealthy people have and why you should have one. Annual Fees Covered For Life For a limited time, when you open a qualified account, Monetary Gold will cover the annual fees for the life of that account. If you have 401(k)s or IRAs, you know that those yearly fees add up quickly. [Follow this link NOW](—not later—to grab this [FREE Monetary Gold action guide](. DISCLAIMER: Use of this Publisher's email, website and content, is subject to the Privacy Policy and Terms of Use published on Publisher's Website. Content marked as "Ad," "Special" or "Sponsor" may be paid third party advertisements and are not endorsed or warranted by our staff or company. The content in our emails is for informational or entertainment use, and is not a substitute for professional advice. Always check with a qualified professional for treatment advice and/or diagnosis. Be sure to do your own careful research before taking action based on anything you find in this content.   Patriotic Post 34 N. Franklin Ave Ste 687 #5060 Pinedale, Wy 82941 Patriotic Post 1985 Henderson Rd STE 1556 Columbus OH 43220 United States You are subscribed to this email as {EMAIL}. Click here to modify your [preferences]( or [unsubscribe](.

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