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Fed Chairman Awakened in the Middle of the Night: MAJOR SWISS BANK GOING UNDER

Posted By: GeorgeEaton
Date: Wednesday, 15-Mar-2023 18:38:59
www.rumormill.news/219099

Credit Suisse is one of those large banks that financial experts say is too big too fail but too big to bail out. What to do?!?

If Europe bails out the bank it will start a process of devaluing their currencies and cause inflation. If they don't bail it out, it will have a major domino effect and cause a long list of banks to fail as well, including Deutsche Bank. What we may be witnessing is the beginning of a 1929 type financial crash - worldwide.
As far as the US banks are concerned, they are also teetering on the edge. And, the stop gap efforts by the US government to stop the hemorrhaging, was nothing more than window dressing that won't stem the tide of bank failures.
The truth of the matter is, the FDIC doesn't have the hundreds of $ billions to insure all of the banks that have ALREADY failed this week, let alone alone the great majority of the banks across the nation that will also fail THIS year. If the Fed starts printing money to stem the tide, the dollar will be devalued and hyper inflation will be the result. At the very minimum we are looking at an economic down turn much worse than what happened in 2008, even if a semblance of stability can be created. Last time they threw $ billions at the problem, in secret, to keep the global system peculating, and it worked for a few years. But they have changed the rules and laws and have decided not to go that route again. This will then guarantee a global meltdown the world has never seen before in history.
There will be financial panic, unemployment, crime and chaos we haven't seen in modern times.




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