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Thread: Bank Failures

  1. #13
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    Re: Bank Failures

    Fed wire is being implemented July 10

    The ISO 20022 Switch this weekend in Europe

    Doesn't mean XRP price jumps Monday, but this is a big deal.

    Ripple/XRP-ISO20022/ECB/T2/SWIFT/EURO1System "Big Bang Cutover" 72 Hrs, Fidelity/Crypto Goes LIVE
    https://www.youtube.com/watch?v=86xlN4kvbj4





  2. #14
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    Re: Bank Failures

    Interesting article. Remote work was never going to be as productive as working in the office:

    https://www.axios.com/2023/03/17/svb...r-bank-failure
    "We're not changing anything." -John Harbaugh





  3. #15
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    Re: Bank Failures

    Quote Originally Posted by Iamjacks View Post
    That's everyone, both my banks, neighbors, friends. This has been happening for a few months now.

    The dollar is dead. Has been for a while, we're just in the death throws.

    Right now they are imploding selected banks that they want to take over. SVB WAS NOT insolvent, they took it over anyway. They also deliberately caused the bank run.

    Ripple/XRP-US Nationalize Banking System?,US debt Clock/Fed Note Missing?,SEC v Ripple 4/5yr SCOTUS?
    https://www.youtube.com/watch?v=2ahoT-pXAYI

    What the plan is, is to implement CBDCs which are digital currency but they ARE NOT crypto. CBDCs have a high potential to be slave systems, they could have high privacy but they are not by default.

    Hopefully XRP will wind up as the neutral bridge currency that it was designed to be.
    I think this is the next step to getting rid of cash. And if "investors" took the risk to deposit their money in an uninsured bank that's on them if it fails.
    "We're not changing anything." -John Harbaugh





  4. #16

    Re: Bank Failures

    This supports Darb's statements.

    https://www.cnn.com/2023/03/26/busin...bank-red-flags

    Back to my point though how does such a large bank lose focus on such an important primary position?

    Where is that focus if not on something so fundamental (per the article it's fundmental basic banking)?





  5. #17
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    Re: Bank Failures

    Quote Originally Posted by Terpsfan82 View Post
    I think this is the next step to getting rid of cash. And if "investors" took the risk to deposit their money in an uninsured bank that's on them if it fails.
    You're exactly over the target. They have to destroy the dollar to get out of their bad debts. That's what 911 was for. They needed to clear the junk bonds that were used to finance the destruction of the soviet union. That and cover up the missing three trillion from the defense department they announced on September 10, 2001





  6. #18
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    Re: Bank Failures

    Quote Originally Posted by BustOfPallas View Post
    This supports Darb's statements.

    https://www.cnn.com/2023/03/26/busin...bank-red-flags

    Back to my point though how does such a large bank lose focus on such an important primary position?

    Where is that focus if not on something so fundamental (per the article it's fundmental basic banking)?
    For starters, they donated $73 million to the Marxist group BLM, ignoring how to fundamentally run a bank and look out for their customers. ESG instead of the fiduciary responsibilities to their clients. Similar to the Biden Administration. But Biden will bail them out cause they are big donors to the Demoncrat Party.





  7. #19
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    Re: Bank Failures

    Quote Originally Posted by CarrollCoRaven View Post
    For starters, they donated $73 million to the Marxist group BLM, ignoring how to fundamentally run a bank and look out for their customers. ESG instead of the fiduciary responsibilities to their clients. Similar to the Biden Administration. But Biden will bail them out cause they are big donors to the Demoncrat Party.
    BLM was a pass through that funded team blue





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