More money printing. More banks facing liquidity shortage. More bank runs as panic and fear kicks in. As mentioned before, Q2 will be bank run galore.
Entire 2 year's QT effort by Jerome Powell, is now being reversed in less than a month.
Did Credit Suisse got bailout by SNB and UBS recently for almost $105B Swiss Francs? Hmm today $CS is trading at less than $1.
Did SVB got liquidity injection by several banks and the government to avoid collapse? Hmm a week ago, SVB just filed chapter 11 for bankruptcy protection.
Good read here: lnkd.in/gvVN6DKp
Early this week Deutsche Bank is knee weak and now the latest one, Schwab is flying a kite outside during a monsoon storm. Awesome read here:
lnkd.in/grwiZGSf
Yo, at the end of the day, I am forecasting that only a handful of banks, like less than 5, will be standing in the coming years.
To usher in CBDC, you must herd the sheeps into a smaller ranch to make control and compliance, easier.
To usher in CBDC, competition is BAD. Very bad. Competition is antithesis of monopoly. Therefore, Bitcorn? Ethereum? And the other cryptos? Hmm
And US is getting more aggressive in provoking war with China and Russia.
What has the world got to now....
I remember an old saying, "When all else fail, go to war"
By Sifu Steve @ XeroAcademy
Entire 2 year's QT effort by Jerome Powell, is now being reversed in less than a month.
Did Credit Suisse got bailout by SNB and UBS recently for almost $105B Swiss Francs? Hmm today $CS is trading at less than $1.
Did SVB got liquidity injection by several banks and the government to avoid collapse? Hmm a week ago, SVB just filed chapter 11 for bankruptcy protection.
Good read here: lnkd.in/gvVN6DKp
Early this week Deutsche Bank is knee weak and now the latest one, Schwab is flying a kite outside during a monsoon storm. Awesome read here:
lnkd.in/grwiZGSf
Yo, at the end of the day, I am forecasting that only a handful of banks, like less than 5, will be standing in the coming years.
To usher in CBDC, you must herd the sheeps into a smaller ranch to make control and compliance, easier.
To usher in CBDC, competition is BAD. Very bad. Competition is antithesis of monopoly. Therefore, Bitcorn? Ethereum? And the other cryptos? Hmm
And US is getting more aggressive in provoking war with China and Russia.
What has the world got to now....
I remember an old saying, "When all else fail, go to war"
By Sifu Steve @ XeroAcademy