{"id":5938,"date":"2023-03-21T11:11:14","date_gmt":"2023-03-21T10:11:14","guid":{"rendered":"https:\/\/finalwakeupcall.info\/en\/?p=5938"},"modified":"2023-03-21T11:11:14","modified_gmt":"2023-03-21T10:11:14","slug":"end-of-cycle-brings-economic-collapse","status":"publish","type":"post","link":"https:\/\/finalwakeupcall.info\/en\/2023\/03\/21\/end-of-cycle-brings-economic-collapse\/","title":{"rendered":"End of Cycle brings Economic Collapse"},"content":{"rendered":"

Dominos start to fall <\/strong><\/h3>\n

Wake up, read the headlines, see another bank panic…<\/strong><\/h3>\n

Precious metals are your safe haven<\/strong><\/h3>\n

Major sovereign debt crisis<\/strong><\/h3>\n

Banking crisis unfolding<\/strong><\/h3>\n

The Final Card <\/strong><\/h3>\n

\u00a0<\/strong><\/p>\n

Dominos start to fall <\/strong><\/p>\n

A \u201cToo Big To Fail\u201d Bank In Europe is literally on the brink of collapse. Do you remember when wealthy people all over the world would stash their money in Swiss banks because these were so \"\"<\/a>strong and so private?\u00a0 Well, the second largest bank in Switzerland is literally on the brink of collapse.\u00a0As written earlier Credit Suisse is a prime candidate to be one of the next dominoes to fall.\u00a0It has been on very shaky ground for a long time, and now the global banking panic has greatly accelerated the outflow of assets from the bank.\u00a0So why should you care if it fails?\u00a0Unlike Silicon Valley Bank and Signature Bank, Credit Suisse is so critical<\/a> to the worldwide banking system that it has officially been designated\u00a0\u201cas being systemically important by the international Financial Stability Board\u201d.<\/p>\n

 <\/p>\n

Credit Suisse, the 167 year-old banking behemoth, is not a domino falling in reaction to bank failures in the U.S. Its troubles are of its own making, and have been cascading for over a decade. Still, its current dire predicament could hardly come at a worse time for the global financial system.<\/p>\n

\u00a0<\/strong><\/p>\n

Wake up, read the headlines, see another bank panic…<\/strong><\/p>\n

Credit Suisse is one of just 30 global financial\u00a0institutions<\/a>\u00a0designated as being systemically important by the international Financial Stability Board. In other words, it’s too big to fail.<\/p>\n

 <\/p>\n

\"\"<\/a>The widespread panic that is witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating.\u00a0Following the second largest bank collapse in U.S. history and the third largest bank collapse in U.S. history a few days layer, the Federal Reserve unveiled an unprecedented rescue plan that was supposed to end the banking panic.<\/p>\n

 <\/p>\n

Major sovereign debt crisis<\/strong><\/p>\n

If you have not seen it yet, you can view the details on the official website of the Federal Reserve\u00a0right here<\/a>.\u00a0 The most important part of the plan is the Fed\u2019s decision to fully guarantee all of the deposits at Silicon Valley Bank and Signature Bank.<\/p>\n

 <\/p>\n

The world is entering a major sovereign debt crisis and that\u2019s going to turn many markets inside out and upside down.\u00a0<\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

\"\"<\/a>Don\u2019t expect any\u00a0voluntarily<\/em>\u00a0rate hike this year. Instead, the next round of QE will start around the world in order to stabilise falling markets. The problem is that this time it will have minimal and only short-term effects. For the last years, investors around the world have ignored risk. That is why the coming panic will be so brutal.<\/p>\n

 <\/p>\n

When interest rates inevitably go up from these artificially suppressed levels, the bond and stock markets are going to collapse, and with it, the real estate market. Pension funds are going to be wiped out. This is a very bad situation; the world is itself digging in deeper and deeper.<\/p>\n

 <\/p>\n

The European Union will not survive. It will disintegrate.<\/strong>\u00a0And right now, all of the powerful economic cycles will converge this year, forming the Super Cycle that will signal total collapse.<\/strong><\/p>\n

 <\/p>\n

Governments are desperate; Spain has begun taxing bank deposits. You pay an income tax on your pay-check, and then pay another tax when you deposit it in the bank.<\/p>\n

 <\/p>\n

Happens really a financial crisis; as such huge sums of money are available to the \u00e9lite banking bloodlines, why is crippling financial austerity being imposed by national governments on their populations?<\/p>\n

 <\/p>\n

And why are the elected politicians in the Western democracies keeping their mouth shut to keep their electorates in the dark about these vast hidden riches, while, at the same time, they are raising taxes and cutting public expenditure on services and infrastructure?<\/p>\n

 <\/p>\n

An enquiry must be made:\u00a0Is there really a global banking crisis at all? Or is the \u201cfinancial crisis\u201d just a set-up media event to provide cover for massive \u00e9lite theft?<\/em><\/p>\n

\u00a0<\/strong><\/em><\/p>\n

In 2008 the world has experienced the hurricane going through the financial system, first entering and then crossing its eye in the centre of it, all went relatively quiet, and now we are leaving that eye at the other side, entering the trailing stream. This is going to be much severe, different and longer lasting than what was seen in 2008\/9.<\/p>\n

 <\/p>\n

Most of the printed fiat money still is in de banking system, but not in the economy. Divided over the real estate, stock, bond and crypto markets, creating bubbles in all of those. The higher they go, the harder they fall.<\/p>\n

 <\/p>\n

Sadly, not many people are prepared when this next crisis hit. Keep an eye on Janet Yellen, she just poured lighter fluid on every small bank in America and don\u2019t forget the EU.\u00a0 Listen for serious trouble at \u201ctoo big to fail\u201d banks. The coming months are going to be extremely significant, and be wise to get ready out, while it still is possible.<\/p>\n

\u00a0<\/strong><\/p>\n

\u201cEverything is lining up to see the most massive shocks in the global economy and markets. This panic seemed to come out of nowhere as global bond markets see a massive selloff and stocks plunge.\u201d<\/p>\n

 <\/p>\n

Banking crisis unfolding<\/strong><\/p>\n

The banking crisis that we see unfolding in the world is proof that more is coming our way. This March, three banks have collapsed in the span of one week.<\/p>\n

It started at first with a California-based cryptocurrency-focused bank, Silvergate, which collapsed on March 8th, and then two days later Silicon Valley Bank (SVB) went down as well. It went down in the largest-ever bank run.<\/p>\n

And that was the second biggest ever to fail in US history. And it was also the largest bank to crash since 2008.<\/p>\n

 <\/p>\n

Silicon Valley Bank had $209 billion in assets, compared to the largest-ever bank failure which was Washington Mutual, which had $307 billion in assets, and that was in 2008. Well in order to understand why they\u2019re crashing, you have to compare it to what happened in 2008 and 2009.<\/p>\n

 <\/p>\n

\"\"<\/a>This crash is much more serious. In 2008 and 2009, Washington Mutual collapsed because it was a crooked bank. It was writing fraudulent mortgages, junk loan mortgages. It should have been allowed to go under because of the fraud.<\/p>\n

The basic subprime fraud and collapse was widespread fraud throughout the whole financial system. Citibank was one of the worst offenders.These were individual banks that could have been allowed to go under and the mortgages could have done what President Obama had promised to do.<\/p>\n

 <\/p>\n

The mortgages could have been written down to the realistic market values that would have cost about as much to service as paying your monthly rent. And you just would have got the crooks out of the system. To rob a bank is to own one, is often said, but true!.<\/p>\n

 <\/p>\n

Obama had promised to write down the loans, to keep the subprime mortgage people in their houses, but to write down the loans to the fair value they had to undo the fraud.<\/p>\n

What happened instead was, as soon as he took office, he invited the bankers to the White House and said, \u201cI\u2019m the only guy standing between you and the mob with the pitchforks.\u201d<\/p>\n

 <\/p>\n

He bailed out the banks and directed the Fed to undertake fifteen years of quantitative easing (QE). And what that was, was the Fed said, \u201cWell the mortgages are worth less than \u2014the value of the property doesn\u2019t suffice to cover all of the bank deposits, because the banks have made bad mortgages.\u201d<\/p>\n

 <\/p>\n

\u201cHow do we save the banks that have misrepresented the value of what they have?\u201d<\/p>\n

 <\/p>\n

They slashed interest rates to zero, and t spurred the largest asset-price inflation in history. Flooded the market with credit, instead of real estate prices going back to an affordable level, to make them even more unaffordable. Made the banks much richer. It also made the 1% in the financial sector much richer, and so on!<\/p>\n

Of course this created inflation in stock prices, bond, real estate and crypto prices. Leaving out the bottom 90%.<\/p>\n

 <\/p>\n

As people may begin smelling one or more rotting fishes, they may cause a run on the banks which would be\u00a0Step One<\/em><\/strong>\u00a0to a full scale financial collapse. Credit Suisse (CS) is in deep trouble. As these lines are written Union Bank of Switzerland its largest bank, (UBS). is talking about takeover. CS for $3 Billion.<\/p>\n

\u00a0<\/strong><\/p>\n

As part of the deal,\u00a0<\/strong>the Swiss National Bank is offering a 100 billion-franc liquidity assistance to UBS while the government is granting a 9 billion-franc guarantee for potential losses from assets UBS is taking over, i.e., this is a taxpayer-backed bailout.<\/strong><\/p>\n

 <\/p>\n

This wipe out, actually a bail-in, is the biggest loss yet for Europe\u2019s $275 billion AT1 market, far eclipsing the approximately \u20ac1.35 billion\u00a0loss\u00a0suffered by junior bondholders of Spanish lender Banco Popular SA back in 2017, when it was absorbed by\u00a0Banco Santander SA\u00a0to avoid a collapse.<\/p>\n

 <\/p>\n

 <\/p>\n

Urgent warning: “The game is over<\/a>” prepare immediately!<\/p>\n