BREAKING NEWS -- UBS is reportedly engaged in meetings right now, SEEKING TO TERMINATE ITS DEAL TO ACQUIRE CREDIT SUISSE!
If UBS Backs out, then Credit Swiss will fail, enter Bankruptcy, and that will mean a Bulge-Bracket-Bank (a.k.a. "too big to fail") has gone under.
The effects on the Global Financial System are, right now, incalculable. A Credit Suisse Default would trigger Credit Default Swaps, and would put the bank in DEFAULT on all its Derivative Contracts.
This could be a "Black Swan Event" that sets in motion a Domino effect, taking out BIG banks all over the world.
More details on tonight's Hal Turner Radio Show from 9:00-11:00 PM eastern US time (GMT -0400)
Comments
I'm betting BRICS is all set n ready to be launched. Sandman's birth is at hand.
regarding the reverse repo and GDP:
Repos/reverse repos impact on GDP : the impact is done via the increase/decrease of liquidity in the system (monetary policy tool). There is no component of GDP that is the amount of cash parked in the repo market.
Repos/reverse repos are monetary policy tool employed by the FED to maintain liquidity and control inflation.
Each repo transaction is economically similar to a loan collateralized by securities, and temporarily increases the supply of reserve balances in the banking system.
Repo markets play an important role in the facilitation of the flow of cash and securities around the financial system. In doing so, they create and support low-risk and timely investment opportunities, as well as the functioning of derivatives and collateral markets. They also help in supporting cash market activity and enabling financial institutions to monetize their assets.
The central bank modifies the reverse repo rate to correct the economy—monetary policy mechanism. By implementing various expansionary and contractionary monetary measures, the Federal Reserve plays a key role in controlling economic phases—inflation, recession, and depression. The reduction or increase in reverse repo rate is one of those measures.
e.g An increase in the reverse repo rate is considered a contractionary monetary policy. It curtails the money supply (liquidity) and reduces inflation. A decrease in the reverse repo rate is considered an expansionary monetary policy step. It induces liquidity, i.e., increases the money supply in the market.
https://www.bis.org/publ/cgfs59.pdf
https://www.newyorkfed.org/markets/desk-operations/repo
It is easily possible for the repo to exceed The Feds printing press
At Berkley in California, the black students have "no whites day" in an area of the campus.
I laughed at the hypocrisy of ending segregation when white people wanted it but celebrating it now that black people want it.
But then we are told black people cannot be racists.
That is why you have a "China Town" a "Harlem" or a "Little Switzerland" or others that I can think of.
They are simply "more comfortable" among their own.
But I don't get it?!?
Winstons father thought to be "Bertie " who was King george 6/ Queen Eliz father . Reportedly died of lung cancer was....Syphilis be tertiary . What a tangle web we weave
Winston Churchill may have been royalty .. the "hidden hand" who promoted him and looked after him. Book:HITLER WAS A BRITISH AGENT..Greg Hallet and the Spymaster
George S. Patton
The question to ask now is, how many others are willing to fill this breach?
Fed raises interest rates 0.25%, intensifying inflation fight
despite banking fears.
Paul Craig Roberts
March 22, 2023
The Federal Reserve’s ill-considered action will feed depositors’
fear of other troubled banks and continue the drawdown of
deposits. Is the Federal Reserve trying to create a financial crisis?
The Dow Jones Average fell 530 points in response to the Federal Reserve’s
hike in interest rates.
https://www.paulcraigroberts.org/2023/03/22/incompetent-federal-reserve-goofs-again/
https://www.quora.com/Why-was-Winston-Churchill-visiting-New-York-City-stock-exchange-the-very-day-it-crashed-in-1929-Why-did-he-attend-a-banquet-or-private-party-held-by-bankers-the-evening-of-the-Great-Crash-on-Wall-Street-What-was-his
Did not yet, tie this to the Gary Allen book as a caller claimed.
Hal was headed down this dead end road also.
He is IMHO newly awakened.
Let me break it to you gently.....
The dark occultists that run the world are not exclusivity Jewish. They are of every color of all nationalities and of both sexes.
Just the Illuminati bloodlines cover all of these bases and they are far from the only ones running the show.
I suggest that you look into the concept of using a "beard" as cover and deception.
Then I suggest that you learn something about the Khazarian Mafia:
http://missourifreepress.com/2021/01/18/most-controversial-document-in-internet-history-the-hidden-history-of-the-incredibly-evil-khazarian-mafia-verterans-today/
I listen for the news, but I'm not naive about the FBI and how they work. Please pray for Hal. How difficult it must be to play this role, when all you really want to do, is give the real news.
1 trillion dollars can be best visualized by stacking
$100 dollar bills to the height of 630 miles.
The system was designed to crash from it's
very onset.
There's no stopping that snowball!
I knew that was a shotgun wedding the moment I heard about it.
This will not end well.
Oh well, I guess most of us are as prepared as we'll ever be.
I'm sure that once UBS took a deep dive into the Credit Suisse
dark money abyss, they instinctively backed away from the black
hole of such a financial vacuum. Time for a bail-in of your account.
A 60% hair cut should be in order.
PANERA BREAD TO SCAN CUSTOMERS’ PALMS FOR CHECKOUT PAYMENT
Amazon’s palm recognition technology as a loyalty identification
and payment system for its MyPanera program, which currently
has 52 million members.
VIDEO
https://www.trunews.com/stream/mark-of-the-beast-panera-bread-to-scan-customers-palms-for-checkout-payment
None of the sole proprietorship went along.
Banks are such pieces of shit and so are those govt officials who keep bailing them out.
Media is blaming Trump saying he rolled back rules. Same for Ohio train wreck, Trumps fault.
Maybe it was the illegals Chinese or Russians who've been skipping across the border?
You don't take Credit Suisse....you, UBS, are out of business. Don't ask for ANY mercy in the future, if you get into trouble, IF you don't take Credit Suisse. And UBS asked for and received A LOT mercy in recent years.
The Regulators give you your license to operate. You flip the birdie to the Regulators, .....and.....well, lets just say, no doubt some "heads will roll".
You DO what the Regulators are twisting your arm to DO, or you are O-U-T, Out!
Definitely a lot of arm twisting going on behind the scenes these days.
who at UBS has actual authority to do ANYTHING??
if the UBS executives refuse to sign the necessary
documents - they just get replaced with stooges
who will obey orders...
what does UBS do? tell its employees to go on
strike and just stay home???
watch for UBS mucky-mucks to start falling out
of 10-story windows...
Then there's this bought n paid for fool, DeSantis the snake...
https://www.dailymail.co.uk/news/article-11892039/Now-DeSantis-says-territorial-dispute-comments-Ukraine-mischaracterized.html
that is so sick!
One last say.
This deal was violating a greater Law.
Thou shalt not steal.
B... why would you treat us as stupid children
with such a comment. We are adults here and don't
need to be lectured to by Mr. "Piff."
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