A trillion dollars is a lot of money.  If you stacked a billion dollar bills on top of one another, the pile would be 67.9 miles high, but if you stacked a trillion dollar bills on top of one another the pile would be 67,866 miles high.  And if you lined up a trillion dollar bills end to end, the line of dollar bills would be a staggering 96,906,656 miles long.  That is longer than the distance from the Earth to the Sun.  A trillion dollars is such a vast amount of money that it is truly difficult to comprehend, but as you will see below, that much money has already been pulled out of “vulnerable” U.S. banks over the past year.  Hordes of small and mid-size banks are now in trouble, and that is really bad news because those institutions issue most of the mortgages, auto loans and credit cards that our economy runs on.  The other day, I asked my readers to “imagine what our country will look like if the banking system implodes and the economy plunges into a depression”, because if our banks continue to collapse that is precisely where we are headed.

Unfortunately, the recent banking panic has greatly accelerated matters.  In fact, a whopping 98.4 billion dollars was pulled out of U.S. banks during the week ending March 15th…

The readout, released shortly after the market closed Friday, came around the same time as new Fed data showed that bank customers collectively pulled $98.4 billion from accounts for the week ended March 15.

That would have covered the period when the sudden failures of Silicon Valley Bank and Signature Bank rocked the industry.

Just think about that.

Nearly 100 billion dollars in deposits evaporated in just one week.

And it turns out that small banks were being hit the hardest.  Unsurprisingly, big banks actually saw enormous inflows…

Data show that the bulk of the money came from small banks. Large institutions saw deposits increase by $67 billion, while smaller banks saw outflows of $120 billion.

That article didn’t give numbers for mid-size banks, but it appears likely that they experienced large outflows as well.

Overall, JPMorgan Chase is telling us that the “most vulnerable” banks in this country have “lost a total of about $1 trillion in deposits since last year”…

JPMorgan Chase & Co analysts estimate that the “most vulnerable” U.S. banks are likely to have lost a total of about $1 trillion in deposits since last year, with half of the outflows occurring in March following the collapse of Silicon Valley Bank.

This really is a “banking meltdown”, and it has been going on for quite some time.

And as Bill Ackman has aptly noted, if something is not done our small and mid-size banks are headed for disaster.

There are more than 4,000 banks in the United States right now, and the vast majority of them are rapidly losing deposits.

As a result, U.S. banks are being forced to turn to the Fed for help at a very frightening rate…

Banks have been flocking to emergency lending facilities set up after the failures of SVB and Signature. Data released Thursday showed that institutions took a daily average of $116.1 billion of loans from the central bank’s discount window, the highest since the financial crisis, and have taken out $53.7 billion from the Bank Term Funding Program.

Meanwhile, the banking crisis in Europe has taken another very alarming turn.

On Friday, shares of Deutsche Bank plunged due to renewed concern about the stability of Germany’s biggest bank…

Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted.

The Frankfurt-listed stock was down 14% at one point during the session but trimmed losses to close 8.6% lower on Friday afternoon.

The German lender’s Frankfurt-listed shares retreated for a third consecutive day and have now lost more than a fifth of their value so far this month.

It will be interesting to see if Credit Suisse or Deutsche Bank ends up going under first.

Of course the politicians continue to tell us that everything is just fine.

In fact, German Chancellor Olaf Scholz is insisting that there is “no reason to be concerned”…

German Chancellor Olaf Scholz said Friday that there was “no reason to be concerned” about Deutsche Bank.

“It’s a very profitable bank,” he told reporters in Brussels, where EU leaders issued a joint statement describing the European banking system as “resilient, with strong capital and liquidity positions.”

Deutsche Bank declined to comment.

Once upon a time we were told that Lehman Brothers would be just fine.

And earlier this month we were told that Silicon Valley Bank would be just fine.

As Robin Williams once observed, these banks love to make excuses.

Robin Williams on banking crisis pic.twitter.com/x02K2agcvM

— Defund NPR–Defund Democrats (@defundnpr3) March 26, 2023

But it isn’t just a few isolated banks that are in trouble these days.

Right now the entire system is coming apart at the seams, and Steve Quayle is warning that things “will really kick into high gear in April”…

The word collapse is a great word, and the other word that comes with collapse is calamity. With the collapse and calamity under way, people think, well, as long as it doesn’t touch me, I’ll be okay or I’ll be dead, and my kids will have to deal with it. What a selfish way to deal with the Biblical times we live in. I think we are in big trouble with this banking situation that will really kick into high gear in April.

You may not have much sympathy for the banks, and I understand that.

But what is going to happen to our economy when the flow of mortgages, auto loans and credit cards is greatly restricted?

Our country is already being torn to shreds like a 20 dollar suit, and economic conditions are still relatively stable.

So what is going to happen when we do fall into a very deep economic depression?

These are such perilous times, and they are only going to get more difficult in the months ahead.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of the latest updates.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post You Will Be Shocked By How Much Money Is Being Pulled Out Of U.S. Banks, And Now The Biggest Bank In Germany Is In Trouble appeared first on The Economic Collapse.

Fresh eggs are one of my favorite foods, and they are for most other people as well – especially for breakfast. The problem with fresh eggs, like most food products, is that they won’t last forever. So, how do you get the longest shelf life out of your eggs so there is no waste and…

The post How To Store Eggs Long Term appeared first on Survival Cache.

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The post Does the Christensen Arms Ridgeline Scout Fit Jeff Cooper’s Criteria? appeared first on Ballistic Magazine.

Different types of actions and gauges This post on different types of shotguns is for less experienced shooters but it…

This article %Different Types of Shotguns Explained% appeared first on %SHTF Blog – Modern Survival%.

They actually did it.  The Federal Reserve just raised interest rates by another 25 basis points right in the middle of a major banking crisis.  I honestly do not understand what Fed officials are thinking.  They had already blown a 620 billion dollar black hole in the balance sheets of U.S. banks by raising rates so aggressively, and that resulted in the second and third largest bank failures in U.S. history earlier this month.  Apparently they are not yet satisfied with the carnage that they have caused, and so they have decided to make things even worse.  What we are witnessing is either extreme incompetence of epic proportions, or they are trying to crash the economy on purpose.  I am sitting here trying to think of a third alternative, but so far I am coming up blank.

Fed officials can see exactly what their reckless rate hikes are doing to the system, but they are pressing forward anyway.  Wednesday’s rate hike was “the ninth consecutive rate increase”…

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a point, forging ahead with its fight against stubborn inflation despite a spate of bank failures and a growing crisis within the financial sector.

The unanimous decision puts the key benchmark federal funds rate at a range of 4.75% to 5%, the highest since 2007, from near zero just one year ago. It marks the ninth consecutive rate increase aimed at combating high inflation.

The fact that it was a “unanimous decision” should greatly alarm all of us.

Isn’t there a single voice of reason left at the Fed?

The last time the Fed raised rates like this was just before the financial crisis of 2008.

And we all remember what that did to our banking system.

But the Fed insists that this time is different.  In fact, we were just told that our banking system “is sound and resilient”…

“The U.S. banking system is sound and resilient,” the Fed said. “Recent developments are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation. The extent of these effects is uncertain. The Committee remains highly attentive to inflation risks.”

Of course banks don’t tighten the flow of credit when things are good.

They tighten the flow of credit when they get into trouble.

And it appears that another major U.S. bank is now exhibiting signs of distress…

Shares of regional bank PacWest Bancorp dropped Wednesday after the company disclosed it had shed more than $6 billion in deposits during the recent squeeze on midsized banks, though PacWest said it did not plan to raise more capital.

The bank said in a press release Wednesday that it had $27.1 billion in deposits as of March 20, which is down from $33.9 billion at the end of December and from $33.2 billion on March 9. The change appears to have largely come from venture banking deposits, which accounted for a third of PacWest’s deposits at the end of December and now stand at just 24%.

There are more than 4,000 banks in the United States today, and hundreds of them could end up failing before this crisis is over.

That would mean fewer mortgages for potential homeowners.

That would also mean fewer auto loans, credit cards and debit cards.

Unfortunately, the flow of credit is the lifeblood of our economy, and so we need our banks to be healthy.

But if the Federal Reserve continues to go down this road, bank after bank will be absolutely crushed.

Needless to say, the Fed’s insane policies are also bursting the housing bubble.  At this point, U.S. home prices are down 12.3 percent just since last June…

The national median existing-home price fell 0.2% in February from a year earlier to $363,000, the first year-over-year decline since February 2012, the National Association of Realtors said Tuesday. Median prices are down 12.3% from their record $413,800 in June.

U.S. homeowners have already lost trillions of dollars of home equity, and now the Fed has just poured more fuel on the fire.

It is madness.

It is literally insane for the Federal Reserve to aggressively hike rates as we are plunging into a major economic downturn, but that is precisely what they are doing.

Look, if the long-term economic outlook was positive do you think that Walmart would be closing even more stores?…

Walmart has announced plans to close stores in Hawaii and Minnesota, which join a handful of other stores closing in several states this year.

The retail giant said the decision was made after a review process that determined the impacted stores failed to meet financial expectations, the company told USA TODAY.

Ten stores in Florida, Hawaii, Illinois, Minnesota, New Mexico, Oregon, Washington D.C., and Wisconsin will close by the end of the year, along with two experimental “pickup” locations in Illinois and Arkansas.

Walmart exists to make money.

If there was a chance that those stores could be turned around, Walmart would not be permanently shutting them down.

Sadly, other major retailers are also closing locations all over the nation.

They can see what is coming.

Higher interest rates are already crushing economic activity from coast to coast, and they are battening down the hatches.

The “experts” at the Fed are assuring all of us that they know exactly what they are doing, but the truth is that they have lost control.

As you read this article, wealthy individuals and large companies are pulling uninsured money out of small and mid-size banks all over America.

Many of those small and mid-size banks will soon be in very serious jeopardy, and that will significantly reduce the flow of credit into our economy.

Is this what they want?

Do they really want to see the U.S. economy implode?

Our leaders continue to make mind-numbingly bad decisions, and we are on a course that leads to national suicide.

When will the American people finally wake up?

Sadly, most Americans are still blindly trusting the “experts”, and the “experts” have us on a highway to extreme misery.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to my new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and any way that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The post Are They Actually Trying To Crash The Economy On Purpose? appeared first on The Economic Collapse.

Looking for the best survival multi-tool money can buy?

You’re in the right place. Today, we’ll go over the features you want in your survival multitool and a few that are worth owning.

Because tools have always been essential to survival.

From early discoveries like the wheel, the knife, and bows and arrows to today’s tools like vehicles, computers, and servers.

We continue to develop our tools to sustain and improve our lives.

But the problem with traditional hand tools has always been the same: they are burdensome.

Most are heavy, and keeping a fully stocked toolbox on you all the time would get really old fast.

Even a handful of tools on a tool belt weighs you down.

Luckily, we humans are a clever bunch.

With our modern technology, we’ve engineered some amazing survival multi-tools.

These multi-tool devices are an entire toolbox attached to your hip or can slip easily into a bug out bag.

Our ancestors would undoubtedly be insanely jealous of this solution to that age-old problem.

That’s why I think every serious survivalist should own at least one multitool in their survival gear.

They’re lightweight, packable, and useful for everyday situations, as well as survival situations.

How Do Multi-Tools Transform?

However, there are about forty thousand different types to choose from, and each one boasts a different set of “essential” tools. Each claiming – of course – to be the undisputed best.

So how do we choose from such an overwhelming selection? That’s exactly what this article is for.

If you’re interested in buying a survival multi-tool for yourself, you’ve come to the right place!

Are You Ready For The Tough Times Ahead? Take My 60 Sec Quiz To See If You’re Part Of ‘The Fragile Masses’ Or Not… Start Quiz Now!

Unique Multitool Styles

Now, let’s clear something up – multi-tools are highly useful but supplemental. They are a jack of all trades device. They’re not as effective as a dedicated tool for any of the jobs they perform.

For example, most electric saws are better and faster than a multi-tool saw blade. But you can’t wear a table saw on your hip. So a multi-tool is a bit of a jack-of-all-trades, master-of-none tool.

They’re ideal for “quick fixes” and small casual problems. They’re not a replacement for a conventional set of tools. Dedicated tools that are extremely useful and extremely valuable.

That being said, every survivalist should have a multi-tool because it’s like a ‘mini-me’ of your full tool kit. So the first thing you need to decide when you’re looking for a survival multi-tool is which kind you want to buy.

There are three main types of multi-tool options:

1. Swiss Army Knives

These are classic folding knives. They’ve been a popular survival tool for well over a century.

The first Swiss army knives included a knife blade, a bottle opener, a reamer, and a screwdriver.

Today though, you can find just about any combination of tools.

Genuine Swiss Army Knives are made by Victorinox.

How Swiss Army Knives Are Made

2. Folding Multi Tools

Tim Leatherman developed the world’s first ‘modern’ folding multi-tools. They’re more robust than conventional Swiss Army knives and include a pair of pliers.

There’s more space for tools than Swiss Army knives because there are two handles for tool storage.

3. Survival Business Card Multi Tools

These incredibly simple multi-tools offer as many cool survival gadgets as possible into a single piece of metal.

They are usually the size of a card. So these fit into wallets, backpacks, bug out bags, and even on key chains.

They are cheap, durable, lightweight, and minimalistic.

I own several and keep one in each of my emergency bags, one in my car, and another on my keys – that way, I’m always prepared with a set of basic tools.

Survival cards often include bottle openers, wrench sockets, screwdriver bits, saw blades, measuring sides, and can openers.

My Survival Credit Card Tool Review

What To Look For In A Great Survival Multi Tool

The best part about multi-tools is the fact that they include multiple devices in one small package. So, two of the most important factors to look for when investing in a multi-tool are compatibility and weight.

I have seen some novelty Swiss Army Knives that are the size and weight of an actual brick; they are TOO big.

While those might carry a ton of tools and gadgets, they’re also unwieldy – to the point of being counterproductive.

The next thing to look for in a multi-tool is specialty tools.

Most multi-tools on the market are for general use and include general tools. But you can also buy specialized multi-tools that are designed specifically to aid in a certain task.

There are:

• Mountain biking multi-tools
• Fishing multi-tools
• Golf multi-tools
• Etc.

So it comes down to you and what you will use this multi-tool for most. Analyze your own needs, and decide accordingly.

Best Survival Multi Tools On The Market Today

Here’s the thing, if you want a real survival multi-tool it should have the tools you need when you need them—a durable, reliable, applicable device. For survival, you’re not looking for a golf-specialized multi-tool.

The novelty of a specialized multi-tool is nice, but you won’t need to fix green divots when the sh*t hits the fan.

You’ll need pliers, can openers, knives, saws, and files. Take that into consideration when making your purchase.

Naturally, some multi-tools are better than others – not all are created equal in the eyes of a survivor.

So you have to be careful when you buy online.

It can be difficult to know what you are buying without having seen it before – which is why we’ve compiled a shortlist of our favorite survival multi-tools with video reviews:

Why Is It So Popular? The Leatherman Wave Plus

The History of The Wave Multi-tool

The Craziest Swiss Army Knife

Leatherman Charge AL, Got One, Was It Worth It?

Victorinox Swiss Tool X Review

SOG Power Assist Multi-Tool

MASK Tactical Gear Review – Gerber Suspension Multi-Tool

 

Portable Camping Multifunctional Knife, Axe, Hammer, Pliers

As A Way To Introduce You To Skilled Survival, We’re Giving Away Our Ultimate Survival Gear Checklist. Click Here To Get Your FREE Copy Of It.

Where To Stash A Survival Multi Tool

Most people keep their multi-tools on their belts or in their pockets. Having a mini-toolbox on hand and at the ready is highly useful.

There are many different holster options for your multi-tool – some tools come with a fitted one you can attach to your belt, and others require you to get your own.

That’s alright, though; online, there are a ton of really cool multi-tool holsters.

I also keep a spare multi-tool in my Bug Out Bag and my backpacking bag.

Exclusive Bonus Content – Skilled Survival’s 104 Item Bug Out Bag Checklist – the only bug out checklist worth using. Click Here To Get Your FREE Copy Of It.

It also isn’t a bad idea to tuck one into the glovebox of your vehicle. There are even some multi-tools that will fit on your keychain – like the Gerber Shard.

21 Things You Can Do with a Mini Multitool Prybar| Gerber Shard

And if you have a survival medical kit, you NEED to keep a small multi-tool in there.

Obviously, these smaller tools are not the most versatile, but they’re better than nothing in a pinch.

Brief History Survival Multi Tools

Multi-tools have been around longer than you would probably imagine. The very first known folding, multi-use tool was from around 200 AD!

And (surprisingly) it wasn’t designed so soldiers could carry different types of knives with them. Nor was it intended for construction purposes, medical purposes, or self-defense. No, the very first multi-tool was designed for eating.

Some bright Roman did not want to give up his eating utensils when he traveled and built the world’s first folding multi-tool.

It was primarily just a fork and spoon on a hinge, but it made a handy type of invention in motion.

Fast forward 1600 years and humanity got its second incarnation of the multi-tool. The Swiss company Victorinox began in 1884 as a cutler’s knife workshop – but by 1886 was transformed into the world’s most infamous folding tool company.

The first real Swiss Army Knife was made in 1893; the rest is history, as they say.

It wouldn’t be until the 1980s when another company, started by Tim Leatherman, rose to compete.

Tim had a degree in mechanical engineering. He realized there was a significant gap between what he needed from a multi-tool and what was available. So he started his own multi-tool company, Leatherman.

Today, just about every knife manufacturer makes a multi-tool – be it a multi-function pocket knife or a techy bi-fold.

The multi-tool patent has spread, and you can find just about any combination of tools, style, color, shape, weight, dimensions, or unique attributes you might want.

Final Thoughts

I can’t imagine a more effective everyday carry survival tool than the multi-tool.

It’s the physical embodiment of the survival mentality: versatile, multi-function, durable, and effective.

Even if you own a survival knife already, I would recommend investing in a high-quality survival multi-tool

And don’t be shy when it comes to quantity: buy one for your car, one for your bug out bag, one for your camping gear, another to keep at home, another at the office, and another at your side!

The more, the merrier.

Obviously, they don’t all have to be 33-function multi-tools. I would recommend buying one excellent, high-quality multi-tool to keep on your person.

Then a handful of more generic, smaller, less-expensive ones in your gear bags and wherever else.

Any real survivalist wouldn’t dare go without owning at least one multi-tool.

Not because they replace your grandfather’s toolset, not because they mitigate the need for an actual tool bench or tool shed, but because they offer you some basic (and sometimes advanced) tools in an easily accessible, easily packable, lightweight companion.

Simply put, multi-tools are the ultimate survival tools.

Prepare, Adapt, and Overcome,

“Just In Case” Jack

P.s. Are you ready for the tough times ahead?

Find out now by taking my short Readiness Score Quiz – it’s absolutely free.
Once complete, you’ll know exactly where you stand on the “fragile” vs.” resilient” spectrum.

So click here to start the Quiz….And don’t worry; the questions are so easy a 3rd grader could answer them.

Click on the image to begin the Quiz and find out once and for all if you’re part of “The Fragile Masses” or “The Resilient Few.”

The post Best Survival Multitools For Everyday Carry appeared first on Skilled Survival.

Key Points: How much water do you need to store? Water storage is not the sexiest thing to talk about…

This article %Water Calculator: How Much Water Should You Store?% appeared first on %SHTF Blog – Modern Survival%.

New Jersey preppers face many of the same threats as anyone else in America: civil collapse, EMP, natural disasters, etc.…

This article %New Jersey Preppers – What You Need to Know% appeared first on %SHTF Blog – Modern Survival%.

A bird flu shot for humans is being prepared “just in case” it mutates. But if it hasn’t mutated to infect humans yet, how do the “scientists” have access to the sequencing to create an effective vaccine anyway?

The current outbreak of avian flu known as H5N1 clade 2.3.4.4b has killed record numbers of birds and infected mammals. Human cases, however, remain very rare, and global health officials have said the risk of transmission between humans is still low. Yet Big Pharma is ready to cash in whenever the media tells people the bird flu is going to kill them the same way they did with COVID-19.

Executives at three vaccine manufacturers told Reuters they are already developing or about to test sample human vaccines that better match the circulating subtype, as a precautionary measure against a future pandemic. Other Big Pharma giants say they “stand ready” to mass produce vaccines and to reap the benefits of another plandemic.

There has also been a push among companies to develop a bird flu vaccine for poultry, a market potentially far larger than that for humans. –Reuters

The goal here is obviously to profit off of the demise of birds (and humans, should it come to that). Whether the avian flu is real or a completely made-up and hyped-up thing is irrelevant. Unfortunately, a good amount of people have already fallen for it and will get the shots or get sick with whatever is going to be released and called “avian influenza.”

Most of the potential human doses are earmarked for wealthy countries in long-standing preparedness contracts, global health experts and the companies said. Many countries’ pandemic plans say flu shots should go first to the most vulnerable while supply is limited. But during COVID-19, many vaccine-rich countries inoculated large proportions of their populations before considering sharing doses.

So the ruling classes are all of a sudden concerned with impoverished people having access to “vaccines” it creates? This whole scheme reaks of narrative and

Research Funded By Fauci And Gates Could See Bird Flu Become The Next Deadly Pandemic

“We could potentially have a much worse problem with vaccine hoarding and vaccine nationalism in a flu outbreak than we saw with COVID,” said Dr. Richard Hatchett, chief executive of the Coalition for Epidemic Preparedness Innovations (CEPI), which helps fund vaccine research.

If Bird Flu Is Spreading Among Humans, We Could Have Another Health Scare

The World Health Organization said it has signed legally binding agreements with 14 manufacturers for 10% of their pandemic flu vaccine “as it comes off the production line”, in a mix of donated doses and doses to be bought by the agency at an affordable price. The agreements include six of the largest seasonal flu manufacturers, such as Glaxo Smith Klein, Sanofi, and CSL Seqirus, the WHO said.

Since they are pre-preparing a “vaccine” and getting the bird flu “jump to humans” narrative solidified, should we all just assume that that’s the next step in the grand scheme to make sure we are all permanent slaves?

Rulers Begin to Establish A “Bird Flu” Narrative

They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them?  Back on January 4th, I specifically warned that our problems would “greatly accelerate over the next 12 months”, and that is precisely what has happened.  We are now in the midst of the most severe banking crisis since 2008, and it could soon get a whole lot worse.  We have already witnessed the second and third largest bank failures in the entire history of our nation, and now it is being reported that 186 more banks “are at risk of failure”…

On the heels of Silicon Valley Bank’s collapse earlier this month, 186 more banks are at risk of failure even if only half of their depositors decide to withdraw their funds, a new study has found.

That is because the Federal Reserve’s aggressive interest rate hikes to tamp down inflation have eroded the value of bank assets such as government bonds and mortgage-backed securities.

“The recent declines in bank asset values very significantly increased the fragility of the U.S. banking system to uninsured depositor runs,” economists wrote in a recent paper published on the Social Science Research Network.

Needless to say, these banks realize that they are in jeopardy, and a coalition of mid-size banks is literally begging federal regulators to cover all uninsured deposits for at least the next two years…

A coalition of midsize US banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

“Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the Mid-Size Bank Coalition of America said in a letter to regulators seen by Bloomberg News.

If federal regulators don’t do this, vast amounts of money will continue to be transferred from small and mid-size banks to the “too big to fail” banks.

But I’ll tell you why such a move is not likely to happen right now.

If every bank account in America is suddenly fully guaranteed by the federal government, there will be a giant sucking sound as wealthy individuals pull their money out of European banks where large balances are not fully insured.

The European banking system is already teetering on the brink of collapse.  In fact, we just learned that UBS has just agreed to an emergency purchase of Credit Suisse…

Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month.

“UBS today announced the takeover of Credit Suisse,” the Swiss National Bank said in a statement. It said the rescue would “secure financial stability and protect the Swiss economy.”

UBS is paying 3 billion Swiss francs ($3.25 billion) for Credit Suisse, about 60% less than the bank was worth when markets closed on Friday. Credit Suisse shareholders will be largely wiped out, receiving the equivalent of just 0.76 Swiss francs in UBS shares for stock that was worth 1.86 Swiss francs on Friday.

So to protect foreign banks, small and mid-size banks in the U.S. will be allowed to fail.

But if large numbers of small and mid-size banks start failing, this country will rapidly plunge into an economic nightmare.

On Saturday, Zero Hedge posted one of the greatest tweets that I have seen in a long time…

If the Fed does not contain the regional bank collapse, there will be another great depression.

Small/medium banks account for 50% of US commercial and industrial lending, 60% of residential real estate lending, 80% of commercial real estate lending, and 45% of consumer lending pic.twitter.com/wzTMHxSnXI

— zerohedge (@zerohedge) March 18, 2023

I couldn’t have said it any better myself.

Our economy runs on mortgages, auto loans, credit cards and debit cards.

If a bank gets into trouble, the flow of credit from that bank is restricted.

And if a bank fails, the flow of credit from that bank completely stops.

If lots of banks start going under in this country, economic activity will shrink substantially and we really will be facing “another great depression”.

At this point, conditions are so dire that Warren Buffett is getting personally involved…

Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds.

There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil.

It appears that far more is going on behind the scenes than we are being told.

Interestingly, lots of private jets were flying in and out of Omaha on Friday…

The Private Jets arrived in Omaha in multiple groups. Sometimes landing at almost the same exact time.

Did Buffett schedule some meetings with different groups of CEOs every hour?

Number of Jets arriving:
5 ~10am (est)
3 ~2pm
5 ~3:30pm
5 ~5pm
6 ~6:15pm
3 ~7:30pm pic.twitter.com/68Ok6zl8cA

— FuzzyPanda (@FuzzyPandaShort) March 17, 2023

Hopefully a way can be found to stabilize the banking system, because economic conditions are certainly bad enough already.

Earlier today, I was surprised to learn that Disney is getting ready to conduct a second round of layoffs…

After announcing a plan to slash nearly 7,000 jobs, Disney is reportedly instructing managers to propose budget cuts and put together lists of employees to be laid off in the coming weeks.

It is unclear whether Disney will begin layoffs in small waves or cut thousands of employees all at once, but the company will announce at least 4,000 current employees will be out of work sometime in April, according to Business Insider.

All over America, large companies are letting workers go.

But even though a significant economic downturn has already obviously begun, we are being told that the Federal Reserve is likely to raise interest rates yet again this week…

The Federal Reserve will kick off its meeting with trading expected to be light heading into a decision on interest rates Wednesday.

Despite the market tumult, 62% of investors expect the policymakers to continue hiking rates, which would mark the ninth straight increase. Thirty-eight percent expect no change, according to CME’s FedWatch.

After everything that has transpired over the past couple of weeks, it would literally be suicidal to raise rates again.

But they just might do it anyway.

So many of the things that I have been relentlessly warning about are now starting to transpire right in front of our eyes.

A great financial meltdown has begun, and our leaders seem very unsure about how to handle it.

Unfortunately for them, what we have gone through so far is just the tip of the iceberg.

***It is finally here! Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.***

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