Three Prominent American Banks
Collapse Under President Joe Biden's Watch (Video)
Dementia Patient And Puppet Biden Running America Into
The Ground
March 13. 2023
Silicon Valley Bank, Signature Bank,
and Silvergate Bank (crypto), have collapsed in
America under President Joe Biden's non-watchful
eye. Silicon Valley bank is the second largest bank
failure in American history. Stock market trading
also halted today on 30 other banks in America due
to the massive plunge in their stocks. $100 billion
dollars was lost today in America on bank stocks
alone.
The bank failures in America have
affected the global markets as well. Britain
invested in Silicon Valley Bank. Europe has also
been exposed to financial damage due to the bank
failures in America. European bank Credit Suisse saw
their stock take a beating due to the failure of
American banks.
In February 2023 I warned Britain is in danger
aligning itself with Biden. This past weekend
reports stated the British arm of Silicon Valley
Bank collapsed as well and is being bought up for
far less than what it is worth (£1).
The fact of the matter is Biden
caused inflation that has brought Americans so much
financial damage and he caused the collapse of banks
with his bad political and economic policies. Months
before Biden assumed office as president I warned
that he would ruin the economy (Joe Biden Tax Plan Slammed And Debunked On '60
Minutes' Confirming Previous Site Claims About His Poor Economic Plans).
In January 2021, I warned again that
Biden would wreck the economy (The U.S. Economy Will Be Gone Due To
President Joe Biden’s Policies). In January 2023, I warned a
terrible financial crisis is coming (A Terrible
Financial Crisis Is Coming Due To The Policies Of President Joe Biden).
Wells Fargo impacted by bank failures
Then, in February 2023 the U.S.
economy began shedding an enormous amount of jobs
and this month American banks began collapsing.
Today, Biden Administration representative stated
the financial calamity via bank failures and stock
losses occurring this month is just, "The tip of the
iceberg." Biden is leading America into an abyss of
financial loss, social chaos and climate
destruction. America's future is very dark under
Biden.
Please also see another site warning
that happened:
The Arrest Of FTX Founder Sam
Bankman-Fried Signals The Collapse Of Crypto And Bitcoin Confirming
Previous Site Claims (Videos).
STORY SOURCE
$100BN wiped off US banking market in SINGLE
DAY as former White House adviser calls it 'tip of
the iceberg': Bloodbath on Wall Street saw regional
banks fall by up to 60% and the Big Four drawn into
SVB's collapse contagion
Published: 17:03 EDT, 13 March 2023
| Updated: 17:37 EDT, 13 March 2023 - More than $100
billion was wiped off US banks' value today in a
bloodbath on Wall Street sparked by the collapse of
Silicon Valley Bank.
Trading was intermittently halted on
at least 20 regional banks as the velocity of money
forced regulators to intervene. The Big Four of US
banks were also drawn into the bloodletting.
Citigroup's share price dived 7.45 percent, Wells
Fargo sank 7.1 percent, Bank of America plunged 5.8
percent and JP Morgan fell 1.8 percent.
Among the worst affected regional
banks were First Republic which fell by 62 percent,
Western Alliance which closed with a loss of 47
percent and KeyCorp which dropped by 21 percent. The
declines struck the Street despite Joe Biden making
an intervention minutes before the market opened to
claim that 'Americans can have confidence that the
banking system is safe'.
Former Trump White House adviser
Steve Moore warned that SVB 'may just be the tip of
the iceberg', exposing a broader weakness brought
about by Biden's $4trillion COVID stimulus
package...
https://www.dailymail.co.uk
HSBC buys SVB’s UK business, ending
‘nightmare’ for British tech
Updated 8:22 AM EDT, Mon March 13,
2023 - HSBC has scooped up the UK arm of failed
Silicon Valley Bank, securing the deposits of
thousands of British tech firms that hold money at
the lender. Had a buyer not been found, SVB UK would
have been placed into insolvency by the Bank of
England following the stunning collapse of its
parent in the United States. Insolvency would have
left customers with only deposits worth up to
£85,000 ($100,000) — or £170,000 ($200,000) for
joint accounts — guaranteed.
In a statement, the central bank
said it “can confirm that all depositors’ money with
SVB UK is safe and secure as a result of this
transaction.”
Ad Feedback HSBC, Europe’s biggest bank, announced
the £1 ($1.2) deal early Monday morning, saying it
would be effective “immediately.”...
https://www.cnn.com
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