It looks like First Republic Bank has just failed. There is talk about it being taken over by the government.
This is the second largest bank failure in American history with the 3rd and 4th biggest failures happening just before this one.
Look at all of the banks that have collapsed in just the past few months.
The lying Jew Jim Cramer claims that this bank failure marks the end of the banking crisis.
Yeah sure Jim.
There’s going to be many more failures to come. The Wall Street Journal of all outlets put out a report a short while ago saying that close to 200 American banks are in a state similar to those that have already failed.
As I’ve said before, you are going to be in trouble if you do not have at least some assets outside of this crumbling system. This means physical gold, silver and Bitcoin. Real estate or other physical property is good also. Just make sure you also have some type of means to protect all of it. This means some type of firearm.
I only personally keep a minimal amount of money I need to function on a daily basis in a bank account. That way if the bank I have my money in fails, it isn’t a life altering event.
Here’s Jeremiah Babe’s latest video. He gets into the First Republic Bank fiasco as well as other general economic doom issues. It is worth watching if you want more details on what’s happening in this failing economy.