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Bank Failure Tsunami !!! – Crypto Grizz

shiz just got real real real
nobody has an attention span anymore
however I implore you to take five bull
minutes to watch this entire video clip
of U.S treasury secretary Janet Yellen
confirming that the U.S government and
Regulators will pick and choose which
banks get bailed out are they causing a
bank run on purpose are small Banks
toast you decide check it out I don’t
have time I need to be able to drill on
a couple things let me start with some
of the banking issues we’re dealing with
will the deposits in every Community
Bank in Oklahoma regardless of their
size be fully insured now are they fully
recovered every Bank every Community
Bank in Oklahoma regardless of the size
of the deposit will they get the same
svbp just got or Signature Bank just got
Bank only gets that treatment if a
majority of the FDIC board a super
majority is super majority of the FED
board and I in consultation with the
president determine that the failure to
protect uninsured depositors would
create systemic risk and significant
economic and financial consequences so
what is your plan that determination
right so so what is your plan
to keep large depositors from moving
their funds out of Community Banks into
the big Banks we have seen the mergers
of banks over the past decade
I’m concerned you’re about to accelerate
that by encouraging anyone who has a
large deposit in a community bank to say
we’re not going to make you whole but if
you go to one of our preferred Banks we
will make you whole at that point
um look I mean we’re that’s certainly
not something that we’re encouraging
that is happening right now
that is happening because depositors are
concerned about the bank failures that
have happened and whether or not other
Banks could also uh no it’s happening
because you’re fully insured no matter
what the amount is if you’re in a big
Bank you’re not fully insured if you’re
you’re not fully insured and you you
were in signature and it was it just
barely met that threshold you were at
felt that there was a serious risk of
contagion that could have brought down
and triggered runs on many banks
and that something given that our
judgment is that the banking system
overall is safe and sound
depositors should have confidence in the
system and we took these actions so
there’s a special assessment that’s been
done on Community Banks in my state and
all banks across the country was there
any discussion that that special
assessment would only apply to the
larger Banks or was it always assumed a
special assessment would cover every
Bank including rural banks in my state
um I I think I I’m not certain what the
um that that’s for the FDIC to determine
it has been reported publicly that svb
had a large number of Chinese investors
that are there including some that were
companies directly connected to the
will those individual those individuals
companies entities and investors
that are Chinese investors be made whole
based on Assessments in my banks in
Oklahoma so what I’m asking is will my
banks in Oklahoma pay a special
assessment to be able to make Chinese
investors whole from Silicon Valley Bank
uninsured investors will be made whole
in that bank and I suppose that could
include foreign and foreign depositors
but I don’t believe there’s any legal
basis to discriminate among uninsured I
get it but I’m just saying my Community
Banks are going to pay this additional
fee it is always fascinating to me as
well the conversation that taxpayers are
being made whole in this taxpayers are
not going to have any kind of
consequence on this I’m sure my Bankers
are going to be very excited to know
they no longer pay taxes and their banks
no longer pay taxes credit unions don’t
pay taxes Banks do and so they’re
definitely taxpayers as well and all
banks make their revenue off of rates
and fees and such to their account
holders which means every Oklahoman will
laps of the banking system and its
Economic Consequences that will have
very severe effects on banks in Oklahoma
that will also be threatened I’m just
worried about this worried about the
long term we are going to have to move
on but we’re not going to get all
senators in Senator Cortez Master yes in
a mere five minutes the U.S treasury
secretary conceded that the FED is
destroying the U.S Community banking
why they are using this crisis that they
created to usher in a new orwellian
Financial system controlled by their own
Central Bank digital currency or cbdc
how did they do it hello I’m crypto
Casey and in this video we are going to
explore the absolute tsunami of bank
failures that is headed our way and how
unprecedented Financial history is
unfolding right before our very eyes
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channel sweet so how did the FED create
this crisis and what are they trying to
blame it on here’s a tweet by Dan
McArdle that summarizes it nicely so
Regulators Force Banks to hold tons of
treasuries banks load up during zurped
fed Prince five trillion dollars oh my
God inflation Jerome hikes at fastest
Pace ever bonds crash Banks realize
massive losses if depositors demand
withdrawals everyone blames Bitcoin and
crypto LOL but as banks are collapsing
Bitcoin is no longer being treated as a
tech stock it is a completely different
use case now for people that have had
the realization and if you haven’t or if
someone you know and care about hasn’t
had this realization watch and share
this video breaking it all down by
clicking on the link above and just to
be Crystal Clear it’s not about trying
to convince people of something we all
have our own beliefs have our own unique
experiences and perspectives on all
aspects of life so it’s actually a
matter of knowing and understanding
something before everyone else which at
some point in the future everyone else
will know and understand it and at that
point we are likely looking at a 100K
Bitcoin and Beyond so by knowing and
understanding how Bitcoin works and what
problems it solves early we will likely
reap the benefits of its potential
substantial increase over time the
government is weaponizing Market chaos
to try and kill Bitcoin in crypto by
shutting down access to and from
traditional Financial systems like the
banks and in reality yes banking is a
necessary evil for us to transact
unfortunately for now but they they need
us more than we need them because if we
are able to shift to using Bitcoin or
another blockchain based decentralized
transparent and immutable cryptocurrency
we do not need to use Banks we can
transact directly with each other
quickly efficiently and cheaply without
the need for third-party intermediaries
like Banks so am I worried about the
concerted effort by the US government to
choke Fiat to crypto on and off ramps
not really because there will always be
entrepreneurs somewhere out there
looking to fill and need and provide
value to the world so as crypto on an
off-ramp shut down it just creates
opportunities for someone else to fill
the space the US is clearly scrambling
to maintain its power and status as the
world’s observe currency and it’s
willing to sacrifice anything and
everything else to do it including small
Banks the taxpayers and its Society at
large what else are they willing to
sacrifice sacrifice people’s lives
including U.S citizens they’re likely
willing to initiate World War III to
retain its hegemonic Supremacy because
the dollar is absolutely wavering and
getting worse as the money printers have
officially fired back up fed’s New Beat
tfp facility is stealth quantitative
easing injecting up to two trillion
dollars in liquidity JPMorgan concludes
so inflation will continue to spiral out
of control and it is legalized theft and
that it degrades devalues and dilutes
our US dollars that we trade our most
precious limited resource for time as
well as energy which is a violation of
our property rights as we’ve been
harping on here on the channel Our Lives
Liberty and property are in Jeopardy and
the markets reflect people’s overall
feelings and sentiment so if we look at
the bond market in particular it clearly
indicates that No One Believes these
bailouts are going to work George Gammon
brought up a great analogy in one of his
recent videos I will share with you here
to illustrate the fact that smart money
in the bond market is preparing for a
financial meltdown while everyone else
may think this is an isolated event this
sunometer is a tsunami detection device
and this little wave here is silvergate
Silicon Valley Bank and signature Banks
collapse as well as credit swisses near
collapse so you can see hardly
noticeable on the surface of the water
so most people are shrugging it out off
now as the wave comes upon the sonometer
danger is detected in the sonometer in
this analogy is the bond market and it
signals to this surface buoy and
satellite smart money that a disaster is
imminent which then warns the facilities
on the shoreline us and most of us are
either ignoring the signal don’t
understand the signal or hear the signal
loud and clear and if the bond market
signals aren’t compelling enough check
out this chart this arrow is pointing
out Silicon Valley Bank that went bust
and all these Banks to the right of it
are actually more risky and slightly
worse off than Silicon Valley Bank over
34 more banks are at risk of failure and
all the way to the left here we show
what will likely become the only big
Banks to exist alongside the central
bank or Federal Reserve once their
centralization and consolidation plan
for the US banking system is complete
JPMorgan Bank of America Citibank and
Wells Fargo this is the impending
tsunami the bond market is warning us
about massive systemic bank failures and
not all of them will be bailed out
that’s what U.S treasury secretary Janet
Yellen said today the FED will pick and
choose which banks get bailed out we are
in the midst of an arms race our
generation’s most important arms race
against the U.S Central Bank other big
Banks and their bomb paid for government
and Regulators so what is the best case
scenario for crypto I think this tweet
by Ryan sulcus sums it up nicely my
rough prediction for the next 12 months
1. more bank failures in the next couple
of weeks two fed Cuts QE is back three
Bitcoin climbs sustained moderate
inflation 4. outside money or sound the
money gets Bitcoin to 100K five
institutions buy faster than the feds
can shut down game this is an optimistic
bet on the future as Bitcoin is treated
as a life raft and peaceful option but
the key is threading the needle so
institutions can buy it and defend it
alongside Us best case scenario right
now cool so what’s the worst case
scenario for crypto like we’ve been
discussing for years now at this point
it hasn’t changed if a binance the
largest crypto exchange or if tether the
largest stable coin by market cap goes
bust crypto will tumble significantly it
wouldn’t die but it would be bad
definitely the worst case scenario if
U.S regulators and the government are
successful in their attempt to sever
connections between our traditional
Financial system and crypto crypto won’t
die sure it sucks that a lot of us money
will be prevented from entering the
space but crypto will continue to exist
the US can’t stop it all the US would be
doing is preventing itself from
participating in this most important
phase of the entire internet Revolution
as well as the next largest incoming
asset class in the world crypto is
moving and will continue to move
offshore depriving the US from one of
the most important Innovations in human
history all in a futile effort to
maintain the hegemony of its corrupt
Ponzi scheme the US dollar fiat currency
by committing one of the most heinous
power grabs in human history
implementing a central bank digital
currency that is programmed to do
whatever they want based on Power and
greed none of what’s happening and what
will happen as Banks continue to
collapse around the world would have
been impossible in the truly
decentralized transparent auditable and
over collateralized crypto asset
ecosystem crypto is the Apex Financial
Predator it is the solution to all of
the central points of failure opacity
and blatant corruption and the current
Global Financial system that’s why
they’re trying to make it a scapegoat
for a crisis they likely plan and are
executing which you can check out why by
clicking on the link above in the midst
of it all Bitcoin and crypto has been
decoupling from the stock market and
behaving like a safe haven asset along
with gold as prices appreciate so what
should we do as crypto investors simple
stay calm focus on what we can control
commit to doing the best we can with
what we’ve got keep working on
increasing our income and cash flow and
stay disciplined also diversifying our
wealth is more crucial than ever check
out treasury bills stocks bonds real
estate gold silver Bitcoin ether and
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out cool so the question on everyone’s
mind now is what is the fed the U.S
Central Bank going to decide about
interest rates at its next fomc or
Federal Open Market Committee meeting
next week on March 21st and 22nd well
surely since QE or quantitative easing
has started they won’t hike rates
further right wrong the ECB or European
Central Bank has been doing both
printing money and increasing interest
rates over the past nine months and just
this week the European Central Bank
hikes rates despite Market Mayhem
pledges support if needed they increased
by 0.5 50 basis points insane is the Fed
going to follow suit let me know what
you think in the comments below my
random wild guess is that I truly don’t
know there are likely three scenarios a
half a percent hike just like the ECB a
quarter percent hike or no wait If the
Fed really planned this whole crisis to
orchestrate the most heinous power grab
of all time they they will hike 50 basis
points or a quarter basis point or if
they really want to try and undo the
mess they’ve created they will not hike
at all or would decrease interest rates
because as we’ve been discussing on the
channel they will only stop once they
reach their two percent inflation Target
or when something big breaks something
big has broken and they have fired up
the money printers so their two percent
inflation Target is likely out of the
window however as we discussed in a
recent video together this may have all
been planned to usher in their Central
Bank digital currency if that’s the case
then they will hike and continue
systematically destroying the U.S
Community banking system in order to
centralize and consolidate Power by the
way this is all great for Bitcoin in
crypto long term but this is very very
bad for pretty much everything and
everyone else the current situation is
disturbing and the future is uncertain
there is a massive financial crisis
underway Banks across the country are
sitting on massive losses some will go
insolvent and some will not get bailed
out in the end I’m hopeful that Bitcoin
crypto and truly decentralized
transparent and immutable Financial
systems will urge Like a Phoenix From
the Ashes of This Disaster so now is the
time to get curious about Bitcoin to get
knowledgeable about this new
revolutionary technology and to spread
awareness about it with our friends and
family awesome so if you would like to
learn more about how Bitcoin works and
why it’s revolutionary technology can
help us maintain power over some of our
wealth check out this video if you would
finally like to have that Eureka moment
about how cryptocurrency wallets seed
phrases and private Keys work check out
this video and to skip the Masterworks
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screen like And subscribe for more be

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