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| Credit Suisse sees both bail out and bail IN at the same time - billions vanished yesterday | |
| The Credit Suisse bailout combined government liquidity (a bail "out") with bank confiscation of tier 1 bank bonds (a bail "in") to achieve a lawless, blatantly illegal overnight merger with UBS bank, bypassing any shareholder vote and destroying tens of billions in assets. This all just happened last night. And the banking contagion will continue to spread. It started with the crypto collapse, then FTX, then it spread to Silicon Valley where crypto exposure was large in commercial banks, and now it has spread to large banks in Europe. The contagion isn't over. This will only get worse and more widespread. The collapse of the western financial system is now under way. Hear my full analysis in today's podcast here. Also, see the stories below for the latest updates on the financial fallout that's now accelerating across two continents. | |
| Today's Featured Videos |
| Situation Update, Mar 20, 2023 - Global finance shockwaves as Credit Suisse bail in wipes out billions in bonds |
| You are here: Recognizing where we are in the repeating cycle of civilization collapse |
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| Michael Yon reports from The Netherlands on the farm land grab fiasco going down |
| This Shocking Footage Should Concern You |
| Today's Featured News |
| Unearthed emails from 2020 prove that covid PCR testing is a scam |
| Metals like copper and gold can help end the covid-19 pandemic, say researchers |
| Sponsor: Health Ranger Select Organic Spicewood Deodorant offers unexpectedly refreshing scents |
| Triple-vaccinated accounted for 92 percent of all "covid" deaths in 2022, fact check shows |
| New Monster Energy drink features demonic symbols on its cans |
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