Survival Gear is the most unused product until a natural disaster happens, then it’s the most desired products, but usually too late to help those that really need the help.
We sell around the World, and pride ourselves on offering a level of customer service that we would want to see ourselves if we were shopping online.
Our product ranges change regularly, so we hope that you come back to our sites to see some of the fantastic offers that we regularly have.
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.
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!
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:
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.
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.
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.
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:
So it comes down to you and what you will use this multi-tool for most. Analyze your own needs, and decide accordingly.
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:
The Leatherman Wave Plus is a popular multitool that offers a variety of functions and features. Here is a detailed review of this tool:
Design:
The Wave Plus has a compact and sleek design, which makes it easy to carry in your pocket or backpack. It measures 4 inches when closed and weighs 8.5 ounces. The stainless steel body provides durability and longevity to the tool.
Functions:
This multitool offers 18 functions, including needlenose and regular pliers, wire cutters, a serrated and plain knife blade, a saw, scissors, a can and bottle opener, a file, a ruler, and several screwdrivers. The Wave Plus also features replaceable wire cutters, which adds to the longevity of the tool.
Ease of Use:
The Wave Plus is easy to use, with all of the functions accessible from the outside of the tool. The locking mechanism ensures that the blades and tools stay securely in place when in use.
Durability:
The stainless steel construction of the Wave Plus makes it durable and long-lasting. The replaceable wire cutters and blades also add to the longevity of the tool.
Price:
The Wave Plus is priced on the higher end of the multitool market, but its durability and wide range of functions make it a worthwhile investment for those who frequently use a multitool.
The Victorinox Swiss Army Multi-Tool is for those who need a versatile and portable set of tools. The SwissChamp Pocket Knife is a product of the Swiss company Victorinox, which is known for manufacturing high-quality knives and tools.
It’s known for its extensive range of functions including:
A large blade, a small blade, a wood saw, a metal saw, a file, scissors, a can opener, a bottle opener, a Phillips screwdriver, a flathead screwdriver, a magnifying glass, a fish scaler, a hook disgorger, a ruler, a corkscrew, and a variety of other useful tools.
Plus the blades and tools are made of high-quality stainless steel, which is both durable and corrosion-resistant. The handle is made of a durable plastic material that provides a comfortable and secure grip.
The size of the SwissChamp Pocket Knife is compact enough to be carried around in your pocket or on your keychain, making it a convenient tool to have on hand at all times.
However, it may be a bit bulky for some people who prefer a smaller and more streamlined design.
Unlike the Swiss Army Knife, this multi-tool is bi-fold and comes with a sweet leather case. It comes with
It also has an “all-locking” feature that fixes every tool in place when folded away. This prevents any of these tools from opening up on you when you’re using another of the tools.
The Victorinox Swisstool X is a high-quality multi-tool that offers a wide range of functions and durability.
Design and Build Quality:
The Swisstool X features a sleek, compact design that makes it easy to carry around and use. The tool is made from high-quality stainless steel that is both durable and corrosion-resistant. The tool also features a locking mechanism that ensures that the various components remain securely in place during use.
Features:
The Swisstool X features a wide range of functions that make it useful in a variety of situations. Some of the features include:
All of the components are accessible from the outside of the tool, making it easy to access the tool you need without having to open and close the entire tool.
Ease of Use:
The Swisstool X is easy to use and all of the components can be accessed with one hand. The locking mechanism ensures that each component remains securely in place during use, and the handles provide a comfortable and secure grip.
While it may be a bit more expensive than some other multi-tools on the market, its high-quality construction and wide range of functions make it a worthwhile investment for anyone in need of a reliable multi-tool.
The SOG PowerAssist Multi-Tool S66N-CP is a versatile tool designed for everyday use. It features 18 tools, including pliers, wire cutters, scissors, a saw, a can opener, and a screwdriver.
The tool also includes SOG’s patented PowerAssist technology, which provides two blades that open simultaneously and lock in place for added safety.
It’s made from high-quality stainless steel and has a lightweight design for easy portability. It also comes with a nylon sheath for storage and transport.
Gerber is known for making reliable, durable blades and tools, and this is no exception. It also comes with fitted nylon carrying case.
This one also has “lockers” to keep the tools locked open while in use and prevent you from the tools closing on you during use.
This survival multi-tool is unique; you won’t find any like it.
This solid stainless steel multi-tool has everything you need in one compact, well-crafted design.
With 12 features in one compact, heavy-duty design, this is a tool that every serious survivalist should own.
This is the perfect tool for everyday carry, to stash in your survival bug out bag and survival kits.
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.
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.
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.
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.
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.***
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 186 More Banks “Are At Risk Of Failure”, And That Could Push Us Into The Next Great Depression appeared first on The Economic Collapse.
This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: The Big Banks Have Bailed Out First Republic, But Who Is Going To Bail Out The Big Banks When They Start Failing?
Every single day there are more twists and turns to this new banking panic. In fact, we just learned that the big banks have gotten together to save First Republic. That is good news because the collapse of First Republic would have been a major catastrophe.
But First Republic is just one in a very long list of banks that are in very serious jeopardy. For months, I relentlessly warned that our financial system could not handle higher interest rates. It was inevitable that financial institutions would start to break, and that is precisely what has happened. We are in far more trouble than most people realize, and we are still only in the very early chapters of this crisis.
Initially, there were rumors that a buyer was being sought for First Republic, but instead the “too big to fail” banks agreed on a plan to deposit a total of 30 billion dollars into the troubled institution…
A group of financial institutions has agreed to deposit $30 billion in First Republic Bank in what’s meant to be a sign of confidence in the banking system, the banks announced Thursday afternoon.
Bank of America, Wells Fargo, Citigroup and JPMorgan Chase will contribute about $5 billion apiece, while Goldman Sachs and Morgan Stanley will deposit around $2.5 billion, the banks said in a news release. Truist, PNC, U.S. Bancorp, State Street and Bank of New York Mellon will deposit about $1 billion each.
They have all agreed to keep that money in First Republic for at least 120 days, and you can read the joint press release that they issued right here.
Needless to say, executives at First Republic are greatly relieved. So much money had been pulled out of the bank in recent days, and at one point on Thursday the stock was selling for less than 20 dollars a share…
First Republic’s stock, which closed at $115 per share on March 8, traded below $20 at one point Thursday. The stock was halted repeatedly during the session and rose to $40 per share at one point, up more than 20% on the day.
Did insiders at First Republic know that this was coming?
It is being reported that top executives have sold off a staggering number of shares since the beginning of 2023…
First Republic Bank executives quietly sold nearly $12 million worth of its stock in just the past three months, according to the Wall Street Journal.
Executive Chairman James Herbert II sold the most of any of the other insiders, off-loading a whopping $4.5 million worth of shares since the start of the year.
In all, four of the struggling bank’s top executives sold $11.8 million worth of stock so far this year, at prices averaging just below $130 a share, the Journal found.
As I have always said, you only make money in the stock market if you get out in time.
And those guys got out in time.
So why was First Republic in so much trouble?
Well, just like Silicon Valley Bank and Signature Bank, they were sitting on enormous unrealized losses because the government bonds that they were holding had lost a ton of value thanks to rapidly rising interest rates.
Ultimately, those unrealized losses made a potential purchase of First Republic quite “unappealing” to the “too big to fail” banks…
In the great financial crisis, several struggling banks were bought for cheap by the larger firms in an effort to help calm the banking system. However, the unrealized losses on First Republic’s bond portfolio due to last year’s rapid rise in interest rates have made an acquisition unappealing, the sources said.
The markdown, which would involve the bank’s held-to-maturity bond portfolio, would amount to about a $25 billion hole on First Republic’s balance sheet, sources told Faber.
But the “too big to fail” banks are collectively sitting on hundreds of billions of dollars in unrealized losses themselves.
And they also have trillions of dollars worth of exposure to the derivatives bubble.
So who is going to bail them out when they start failing?
That is a question that we all need to start asking.
And as trouble increasingly shakes our banking sector, that is going to have enormous implications for our economy as a whole…
A fall in bank deposits will lead to less “high-powered” money, i.e. bank reserves, in the system, which means considerably tighter financial conditions than hitherto experienced. That would be the final straw for an economy that was already highly likely to enter a recession as soon as the summer.
In order for our current economic system to function effectively, we need stable banks, and we need people to have faith in those banks.
For the moment, most ordinary Americans say that they still have faith in the institutions where they are currently doing their banking…
Seven in 10 people surveyed said they still have faith in banks. That compares with two-thirds of customers who said they trust banks in February, the Morning Consult survey found.
But the same can’t be said for those at the top of the economic food chain.
In fact, many of them are now transferring vast sums out of their banks while they still can…
Wealthy investors and family offices are moving more of their money out of bank cash balances and into Treasurys, money markets and other short-term instruments, according to wealth advisors.
High net worth investors typically keep millions of dollars or even tens of millions in cash in their bank accounts to cover bills and unexpected expenses. Their balances are often way above the $250,000 FDIC insured limit. Following the collapse of Silicon Valley Bank and potential cracks in the network of regional banks, wealth advisers say many clients are now asking fundamental questions about how and where to keep their cash.
This crisis is just getting started.
Every domino that falls is just going to make things even worse, and ultimately I believe that the entire system is headed for an unprecedented meltdown.
So I would encourage you to do whatever you need to do to protect yourself, because things are only going to get crazier from here.
***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 the 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 anyway 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.
It isn’t a mystery. For decades, “experts” in the western world have been coming up with incredibly bizarre theories about where the Ark of the Covenant is located. One of those theories was popularized by “Raiders of the Lost Ark”, but that theory is just fiction. In fact, all of the wacky theories that you see out there are just fiction. Over in Israel, the current location of the Ark of the Covenant is an open secret. It is in the same underground chamber where it has been for more than 2,600 years, and it will be there until the time comes for it to be revealed. And once it is finally revealed, the Israeli people will see an immediate need to construct a new temple for it.
The article that I posted about the Ark of the Covenant the other day certainly got a lot of attention.
And it also spawned a lot of questions.
In particular, many people wanted to know how I could be so sure about the location of the Ark of the Covenant.
This surprised me, because the truth is that the location of the Ark of the Covenant has actually been known for decades.
A reader has pointed out to me that the Temple Institute is even publicly admitting that they know exactly where the Ark of the Covenant is on their own website. The following excerpt comes from the page where the Temple Institute answers frequently asked questions…
The Ark of the Covenant is one of the most fascinating of all Temple-related subjects. There are many theories about what happened to the Ark of the Covenant, and speculation abounds as to its actual location. Some people think it was taken to the Vatican, together with other Temple vessels, such as those depicted on the Roman monument, the Arch of Titus. There are many authentic, ancient historical chronicles, and even more popular legends, that attest to many sacred vessels having been taken away to Rome. However, this does not apply to the most holy feature of the First Temple, the Ark.
While some claim to have evidence that the ark is in Ethiopia, and of course, moviegoers were treated to a fanciful version of the story in “Raiders of the Lost Ark,” in reality, the expression “lost” ark is not an accurate description for the Jewish people’s point of view – because we have always known exactly where it is. So the Ark is “Hidden,” and hidden quite well, but it is not lost.
Tradition records that even as King Solomon built the First Temple, he already knew, through Divine inspiration, that eventually it would be destroyed. Thus Solomon, the wisest of all men, oversaw the construction of a vast system of labyrinths, mazes, chambers and corridors underneath the Temple Mount complex. He commanded that a special place be built in the bowels of the earth, where the sacred vessels of the Temple could be hidden in case of approaching danger. Midrashic tradition teaches that King Josiah of Israel, who lived about forty years before the destruction of the First Temple, commanded the Levites to hide the Ark, together with the original menorah and several other items*, in this secret hiding place which Solomon had prepared.
This location is recorded in our sources, and today, there are those who know exactly where this chamber is. And we know that the ark is still there, undisturbed, and waiting for the day when it will be revealed. An attempt was made some few years ago to excavate towards the direction of this chamber. This resulted in widespread Moslem unrest and rioting. They stand a great deal to lose if the Ark is revealed – for it will prove to the whole world that there really was a Holy Temple, and thus, that the Jews really do have a claim to the Temple Mount.
Personally, I disagree with the Temple Institute about who hid it.
They believe that it was King Josiah, but I believe that Jeremiah hid it in order to keep it from being captured by the Babylonians.
But we all agree where it is right now.
It is in a cave under the Temple Mount, and it will stay there until the time comes for it to be revealed.
And that could happen a lot sooner than you may think.
Once it is finally revealed, it will just be a matter of time before Jewish leaders start conducting sacrifices.
In fact, the Temple Institute says that such offerings could actually begin “before the building of the Temple itself”…
We are building a stone altar offsite so that when the opportunity arrives we can move it to its proper location on the Mount. The Divine service, including the offerings can begin before the building of the Temple itself, once the altar is built and standing in its proper place.
With that in mind, I would like to expand on what I shared about Daniel chapter 9 the other day.
As I shared in that article, a corrected translation of the original Hebrew of the first clause of Daniel 9:27 should look something like this…
“The Covenant will be confirmed (or strengthened) with many for one week”.
If you don’t understand how I came up with that translation, I would encourage you to go back and read my previous article, because I am not going to repeat that analysis here.
Today, I want to examine the original language of the second clause of Daniel 9:27. This is how it is translated in the King James Version…
“and in the midst of the week he shall cause the sacrifice and the oblation to cease”
Once again, I want to remind all of you that every time that you see the word “he” in Daniel 9:27 you should disregard it because there is no “he” in the original language of Daniel 9:27 at all.
Just like the first clause of Daniel 9:27, the second clause of the verse is also made up of just five Hebrew words.
The first Hebrew word is “ḥēṣî“, and most of the time in your Bible it is translated as “half”, but it can also be translated as “midst” or “middle”.
The second Hebrew word is “šāḇûaʿ”, and as I discussed the other day it can be translated as “a period of seven” but more commonly in our English versions it is translated as “week”.
The third Hebrew word is “šāḇaṯ”, and it is most commonly translated as “cease” or “rest”.
The fourth Hebrew word is “zeḇaḥ”, and it is translated as “sacrifice” 155 times in the King James Version.
The fifth Hebrew word is “minḥâ”, and it is translated as “offering” 164 times in the King James Version, but it can also be translated as “present”, “gift” or “oblation”.
So let’s put all of the pieces together.
A corrected translation of the second clause of Daniel 9:27 should look something like this…
“halfway through (or in the midst of) the week, sacrifices and offerings will cease”.
The original Hebrew appears to indicate that sacrifices and offerings will be resumed after the Covenant is confirmed, but they will come to a sudden halt at some point.
Of course if you have read my new book you already know why they come to a sudden halt.
But for purposes of this article I want to focus on the fact that the Bible says that sacrifices and offerings will definitely resume, and the Temple Institute is openly telling us that this could happen even before a new temple is constructed.
To me, the public revelation of the Ark of the Covenant could be the catalyst.
Once the entire world sees that the Ark of the Covenant still exists, that will change everything.
And among Jewish leaders there will be a firestorm of interest in resuming the ancient practices.
This is really coming.
In our time, the Ark of the Covenant will be revealed for the first time in more than 2,600 years, and it will be the greatest archaeological bombshell in human history.
This is such an exciting time to be alive, and I believe that global events are going to accelerate even more in the weeks and months ahead.
***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 I Told You That They Know EXACTLY Where The Ark Of The Covenant Is Located… appeared first on End Of The American Dream.
Regular eggs are a staple in many people’s daily diets. They are an iconic breakfast item and are used in baked goods. Most people would agree that fresh eggs taste the best (and are the best for you), but they have a relatively short shelf life. Their prices have become unpredictable, and there may come…
The post What Are Powdered Eggs and How Long Do They Last? appeared first on Survival Cache.
