What To Expect Next: Global Banking System Collapse

By | March 18, 2023
What To Expect Next: Global Banking System Collapse

Foreign Silvergate Capital announced that it Would wind down operations and liquidate Its Bank signature and Silicon Valley Bank were seized by federal Regulators Marking the second largest bank failure Since a Great Recession the credit Rating for our Moody's investor Services Downgraded the entire U.S banking sector And warned about the future need to Downgrade six more American Banks Credit Suisse the Swiss banking giant Acknowledged it has found material Weaknesses in its financial reporting Its largest investor has signaled it Would not be rushing forward with an Infusion of cash to support the banking Giant it's time we Face the possibility That the banking system could completely Collapse globally because these are not Isolated failings banks are Intrinsically tied to one another they Buy each other's loans invest in each Other they hold accounts with each other And partner in all aspects of our Financial system often coholding loans For businesses and property worldwide so What would it look like if the banking System collapses this is what you need To know Can it be contained The first effort by investors Bankers Financial institutions federal reserves And governments worldwide aims to

Contain the spread and calm the people If people panic and start withdrawing Their money to safely store it under Their mattresses that paper currency it Doesn't exists the dollar you might have Deposited in One bank is leveraged or Loan to another which then lend it out To yet another which then use it as Collateral for more than one loan it's Spread all over the place and takes on Many forms far greater than the sum Total of its value in the case of Silicon Valley Bank the FED rushed in to Assure that all depositors would be made Whole a term to mean that depositors Would receive all their deposit money Back investors in the bank stocks were Wiped out as they took a knowing Risk by Buying the stock some of these investors Are not just individuals there are Financial institutions that hold and Manage portfolios of pension plans 401ks Iris mutual funds and other retirement Accounts anyone invested in an index Fund May hold Silicon Valley Bank to a Small degree top shareholders Silicon Valley Bank include Vanguard 11 in BlackRock eight percent in their various Index funds and ETFs other money Managers and Pension funds with exposure Include State Street Global advisors JP Morgan and Invesco Swedish pension fund Alexa held 4.45 percent of total Outstanding shares or about 600 million

At year in many will check their Balances in their retirement accounts in The coming weeks only to find out that Their balances have considerably dropped Other Banks and investment firms will Fell so can it be contained at least Some banks will profit to the tune of 100 million or more having banked on Silicon Valley Bank's demise but let's Assume for a moment that the spread the Failures cannot be contained what's next How it all feels First I mentioned people's retirement Accounts take a significant hit the Average 401K balance was 141 000 in 2021 Up 10 from 2020 and that's not much to Retire on to begin with and it's even Less when you factor in inflation and The rest of a person's golden years if a Person just lives 10 years beyond the Retirement age of 65 they'll have a Little less than twelve hundred dollars A month to make ends meet with a Significant drop in the retirement Portfolio dreams of golden years and not Commuting and grinding out work daily Are put on hold people have to work Longer and hope economic conditions Improve unfortunately Bank fillings of This level cause some companies to be Unable to make payroll invest in new Projects to maintain growth acceleration Or Force companies to abandon projects That they've been working on the

Sustained growth and revenue that means They often seek to downsize their labor Force Older Workers are often the first To be let go because younger workers can Be forced to work harder for Less pay However younger workers are reluctant to Enter a Workforce where they know They'll struggle even to keep their Heads above water any failing pension Plans get transferred to the pension Benefit guarantee Corporation or pbgc a United States federally chartered Corporation created by the employment Retirement income Security Act of 1974. These downsized workers enter Unemployment status and collect Unemployment insurance these holders of Failed equities right off their losses On their corporate and individual taxes To offset their gains all of it gets Transferred to the balance sheets of the Government and still not one profit Seeking risk-taking Banker ever spends a Day in court or jail all of these result In massive pressures on the government Which is actively involved in trying to Contain inflation spinning to encourage Economic growth and loaning money to Banks to promote their growth the Pressure is enough to erode Global Confidence in the almighty dollar Countries begin to seek transaction and Other currencies for Securities even as They struggle to limit their exposure to

Filling Banks after all these Bank Fillings are not a unique the American Problem they have branches and roots and Financial institutions worldwide in Several other countries are already Reeling from these implosions value Everywhere is evaporating before Everything is said and done several more Banks will fail or shed significant Chunks of their value some countries may Suffer a recession or a depression even If it doesn't get that extreme one thing Is for sure the global economy freezes Up as people assess their losses and Hold on to whatever resources they have Left Download the prepper's recession-proof Economic collapse guide today I'll post A link in the description and comments Section below or visit cityprepping.com Forward slash money prep for a free Guide to help you start Recession-proofing your life an emerging Even stronger when the economy recovers What could be next With financial strains on countries so Great either the war in Ukraine loses Support because why would countries send Money and resources there that are Needed at home or it escalates a Significant escalation puts countries in A wartime posture and there is lots of Money to be made and jobs to be had in The defense industry any cursory history

Study will reveal how previous World War Spurned economic growth innovation in a Post-war explosion of growth in some Ways Wars are a great big reset and Reboot button for the Victorious Countries Most manufacturing however will likely Slow to a crawl with the dollar buying Less companies produce less even farmers Are reluctant to gamble on the high Price of seed or fee that they cannot Cultivate into a profit later they too Will seek subsidies and assistance from The government even as they produce less Food At home even if you manage not to be Part of the ranks of the unemployed and You manage to not lose your shirt in Your retirement portfolio or your bank Didn't fill and lock up or lose your Life savings you will suffer the Consequence your dollar will be worth Less or worthless Banks and financial Institutions will pass on their losses To you through higher fees and Tighter Credit requirements if you have any form Of variable rate loan that is alone with A floating interest rate expect the Interest rates to go up even if you Don't have any personal exposure the Company or business you work for might Their ability to transact or secure the Resources and revenue they need to Operate can cease to exist that could

Force you out of a job in this climate Of decline you can expect inflation to Soar to all new heights your dollar buys Less and the cost of everything Skyrockets suddenly you can't get the Same amount of food at the grocery store You can't afford the gas you need to Commute or the luxury expense of child Care while you work you're not going to Be able to put these things on credit And hope for a better day either because Banks will be tightening credit limits And raising the annual percentage rates In the hope of maintaining operations You or your neighbors left unable to Afford basic necessities pay rent or a Mortgage or sell assets because who is Buying in this climate the wave of Repossessions and foreclosures Inevitably follows The whole world transacts in the US Dollar and when it fails it's Catastrophic for the world some Governments will fail as Citizens Presser governments for Solutions are Held some will restructure away from Capitalist ideas everywhere and all at Once production seizes up and trade Routes slow or stop if you're a Municipality dependent upon Parts like Wires Transformers pumps and more from China to keep its water or power plants Operational those parts are no longer Available failure to maintain these

Systems can result in them failing from Lack of Maintenance or push into failure From natural disasters or strain What can you do Now I know this isn't a pretty picture That I just painted I'm trying to show You how bad this can get if it's not Contained and as bad as this all is I Still haven't really scratched the Surface the Great Depression after all Had some pretty fundamental causes Behind it and that was at a time when Global economies and banking systems Weren't nearly as intricately webbed Together as they are today that was a Time when people locally Source or Resources because these massive supply Lines that bring you asparagus from Chili and aluminum from China they Didn't exist back then first you must Accept that you won't be able to buy Your way out of this crisis regardless Of what you have saved or set aside Liquidating your 401k will live off of It for as long as possible will not work You have to turn to locally sourcing What you need to survive you need to Learn to live on less with forced Fragility and at some point you're going To be responsible for your own food Water whatever energy that you need you May need to postpone treatment for any Medical conditions that arise if this Situation spiral rolls out you will need

To become as independent and Self-sufficient as possible and for Years people assume that they would just Transact in gold silver or platinum if The dollar ever failed and for years I've been telling people how wrong that Thinking really is it assumes that other Economies won't be affected it assumes You can somehow trade an ounce of metal For a loaf of bread but the dollar in Precious Metals only have perceived Value you're not going to be able to Live off either of them in a more Significant collapse what will be of Real value are your skills your Resources your knowledge and Self-sufficiency you might be able to Trade that one silver Morgan dollar that You've saved up at this time for a Basket of apples in today's money you Just traded about a hundred dollars for A basket of apples you would have been Far better off having planted an apple Tree that would have provided you with Multiple baskets of apples now and just To be clear I'm not going on record Predicting a global collapse in the Death of the US dollar but I'm also not Ruling out some very child challenging Times ahead of us either other Governments and financial institutions Are going to be able to contain these Losses or they're not when facing that Reality you can either sit on the

Sidelines with a wait and see mentality And be a victim of whatever fate befalls You where you can begin to actively take Control of your life through preparing You're going to be better positioned to Survive the Fallout if they don't Contain it now if they do contain it You're going to be in a more solid and Better position because of your Preparedness activities now look I'm not A financial expert and I don't give Financial advice but I don't have to be To see how badly this could swiftly turn And the key word there is could one of The ways that you can insulate yourself Is by educating yourself on this channel I have a free Recession Proof guide that You can download and I'll put a link to It in the description and comments Section below and you can really get Yourself on a path to reduce expenses Become more frugal and to understand What you really need to survive the free Videos on this channel can also equip You with what you need to know to Survive a catastrophic economic decline Now the Great Depression playlist for Instance that I have here on the channel It's got a dozen videos on everything From what you'll need to how-to books to How to barter after an economic collapse I would encourage you to check that out And also again I'll put links to that in The description comments section below

So here's my final encouragement let's Hope for the best but prepare for the Worst don't assume it's gone for good if This crisis is contained in averted we Have seen these type of situations occur Again and again they come back every few Years or decades and each new occurrence Is worse than the one before it's not a Matter of if it will occur it's a matter Of when so please take my advice and Commit to your current efforts to Prepare or begin preparing now while There's still this time as always stay Safe out there Foreign