The Mother Of All Bank Crashes

From Peter Reagan at Birch Gold Group Summary U.S. banks are in worse financial shape today than in March Fractional reserve banking is inherently unstable Data show it’s unlikely we’ve seen the last bank collapse of 2023 On top of the government robbing us blind to cover interest payments on its debt, the U.S. could be on …

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The current and ongoing collapse in Treasury bonds now ranks among the worst market crashes in history – the quiet but deadly financial crash

The public focuses on the stock market but this bond market is much more important to the economy. There are major consequences for all the banks who hold Treasury Bonds. The level of unrealized losses has probably gone through the roof and possibly hundreds of banks are technically insolvent if they had to mark their …

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Driver Intentionally Crashes SUV Into New Jersey Police Station While Blasting Guns N’ Roses “Welcome To The Jungle” (VIDEO)

WABC 7 reported:INDEPENDENCE TOWNSHIP, New Jersey (WABC) — A driver in New Jersey plowed into a police station. The SUV burst through a wall in Independence Township in Warren County. Police identified the driver as John Hargreaves. Police say Hargreaves intentionally crashed as he blasted the song ‘Welcome to the Jungle.’ https://abc7ny.com/nj-new-jersey-crash-car-into-police-station/13849996/

F-35 Crashes, Vanishes Into the Ether

by Chris Black Serious country, by the way. Greatest military ever, run by very adult-like individuals. WCIV: Military officials are working in coordination with the Federal Aviation Administration after an F-35 went missing following a “mishap” near North Charleston on Sunday, September 17. “Based on the jet’s last-known position and in coordination with the FAA, …

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Broward Sheriff’s helicopter crashes into Pompano Beach apartment building, 2 KILLED

Two killed, 4 hurt when Broward Sheriff’s Office helicopter crashes into Pompano Beach apartment building Two people were killed and at least four others were hurt when a Broward County Sheriff’s Office helicopter crashed Monday morning into a Pompano Beach apartment building, sending a plume of thick black smoke and flames into the air. https://www.cbsnews.com/news/helicopter-crashed-in-pompano-beach/ …

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A major mortgage went public via SPAC today; stock crashes 93%

Mortgage demand just hit its lowest level since December 1996. Existing home sales are now down 16.6% this year, their lowest since 2010. As rates skyrocket, mortgage providers are beginning to feel the pain. Follow us @KobeissiLetter for real time analysis as this develops. pic.twitter.com/DepabEqIDV — The Kobeissi Letter (@KobeissiLetter) August 24, 2023

Private jet crashes in fireball on highway…

This is the horrifying moment a private jet exploded in a fireball when it crashed on a road in Malaysia this afternoon – killing all eight onboard and at least two motorists. The plane took off from Langkawi but nosedived onto a highway in the town of Elmina in Shah Alam, Selangor province, just short …

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Bidenomics? C&I Lending Growth Crashes Along With Bank Credit Growth (WTI Crude Oil UP 1% This Morning) 30-year Mortgage Rates At 7.27%

by confoundedinterest17 Bidenomics, aka the Federal government takeover of the US economy with Soviet-style economic central planning, is highly dependent on loose Federal Reserve monetary policy (Janet Yellen and Powell’s wild overreaction to the massively inappropriate Covid shutdowns), So, how is Bidenomics working out? On the bank lending front, commercial and industrial (C&I) lending growth …

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Car goes airborne and crashes into a house at 100MPH – driver totally dead

https://www.youtube.com/watch?v=N0qTLBYbgj8 A doorbell camera captured the moment a motorist’s car literally flew into an occupied home while speeding down a residential street – killing the elderly driver instantly and narrowly missing a three-year-old child inside the home. The fatal crash happened in St. Louis, Missouri, Tuesday, and left a literal hole in the occupied home …

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The Federal Reserve’s rate cuts during the 1960s and 70s were slow, only taking action when market crashes were nearly over.

People assume the Federal Reserve will cuts rates well before a market crash like they've done for the past 40 years However, during the last major inflationary cycle of the 1960s & 70s the Federal Reserve was slow to act, only cutting rates when market crashes were almost over https://t.co/ZI6BH3GOSO pic.twitter.com/2MFZAb4Lgk — Financelot (@FinanceLancelot) July …

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Bus Crashes into Semi, I-70 in IL. Multiple Fatalities

#BREAKING: Multiple fatalities confirmed, over a dozen others injured following a multi-vehicle accident, involving a Greyhound bus, on I-70 near Highland, Illinois. #BreakingNews #BREAKING: Multiple fatalities confirmed, over a dozen others injured following a multi-vehicle accident, involving a Greyhound bus, on I-70 near Highland, Illinois. #BreakingNews pic.twitter.com/sdm4eGgNLZ — Breaking 4 News (@Breaking_4_News) July 12, 2023 …

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Over 90% of reported crashes involving self-driving cars were caused by Tesla vehicles – some led to DEATHS

via naturalnews: Teslas in autopilot mode has caused no less than 736 crashes since 2019 – including at least 17 fatal incidents, 11 of them since May 2022, and five serious injuries. This represents over 90 percent of automation-related car crashes. A recent analysis of National Highway Traffic Safety Administration (NHTSA) data found that the number of crashes attributed to Tesla vehicles …

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Jay Powell’s Fed hasn’t yet realized the full gravity of what’s coming… There are clear risks of devastating market crashes, domino bank failures, a highly destabilizing Credit contraction

RELAX everything’s going to be fine, if there was ANY chance of collapse all the “experts” on the main collapse subreddit would be all over this. /s via realclearmarkets: “In purely technical terms, all these together are betting heavily on lower interest rates all over the world in the not-too-distant future. As they’ve come to …

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