The Great Reset: Another US bank collapses – Warning sign for a banking crisis is on the wall.

Regulators have closed Philadelphia-based Republic First Bank, a regional lender, the first US bank failure this year. The Federal Deposit Insurance Corp. (FDIC) had seized this bank which had roughly $6 billion in assets and $4 billion in deposits as of January 31.

Fulton Bank, which is based in Lancaster, Pennsylvania, agreed to assume substantially all of the failed bank's deposits and essentially buy all of its assets. The bank's failure is expected to cost the deposit insurance fund $667 million."

Big fish eats small fish. Soon only the big banks remain. When everyone's account is with the big banks, it is easy to control the implementation of CBDC.

More in the Nobody Special Finance video.

Location: United States

Comments

Post a Comment

Popular posts from this blog

Globalists: Canada-US relationships is over – 'It's official! Mark Carney's lost it. This guy is a lunatic.'

Image
"Current PM of Canada Mark Carney is making wild statements as negotiations between Canada and the USA have not yet settled. Mark Carney is in a limited role [as PM in a caretaker role] as there is an ongoing election in Canada at the moment and he is not able to finalize any trade negotiations." "What is it going to be? Are we going to become friends with the United States again, or are we going to become part of the United States? From X posts: @dubsndoo: Trump didn't give Canada a 69 cent dollar. Trump didn't give Canada shitty healthcare. Trump didn't let 4 million refugees into Canada. Trump didn't legalize killer drugs in Canada. Trump didn't double our debt. The Liberals did all of this; make them pay at the polls. @ztisdale: The main reason behind the annexation of Canada has to do with US national security. Canada has become a hostile Marxist country and a CCP puppet state in the eyes of the Trump Administration. It's intolerable, and una...
Read more