BANK RUN/ COLLAPSE/ CONSOLIDATION + DIGITAL CURRENCY + FINANCIAL SYSTEM OVERHAUL:

The recent collapse of the 2 "small" regional banks SVB & SB opened a Pandora's box further exposing that the US and global financial markets are in a delicate condition as a growing number of experts have been warning for a while.

After the announcement, the stock prices of many small banks fluctuated by some 70% as more banks are expected to fail within the coming weeks.?

One bank thought to be the next is Credit Swiss whose shares fell to an all-time low while its default swaps hit a record high due to "material weakness".?The government and the FED rush to calm down clients ensuring the FDIC (Federal Deposit Insurance Corp) of up to US$250,000 per individual depositor would be honored.?

The FED rushed to lend money to various other small banks to avoid bank runs that would bring about the collapse of other institutions.?

Originally the names of the banks at greater risk and receiving loan injections were kept secret because regulators were afraid of unleashing panic thru the markets but some leaked out like Zions Bancorp, Western Alliance, First Republic Bank, Comerica etc. At a recent FDCI meeting, there was a call for social media censorship to avoid?"Twiter-based run on the banks" and?only to allow the top in-the-known to be aware of it.?

But there are some outcries that the SVB knew well in advance as insiders warned Israeli banks who took over US$ 1 billion in assets from SVB and more disconcerting was that the CEO of SVB sold US$3.6 million in stock shares several days before de failure was announced.?

This is another power consolidation that favored the too-big-to-fail banks who can buy the frailed small backs for basically nothing as HSBC bought the UK's arm of SVB for a little over US$1!?To further increase this power, clients from regional banks started to transfer money to the big banks BOA, Wells Fargo, Citibank, JP Morgan etc.?This consolidation of power also happened during the Covid lockdown when the big boys Amazon, Walmart, etc were able to deliver goods more easily without the need for customers to step into the store, causing severe damage to the small local shops as discussed in the book "The War on Small Business: How the Government Used the Pandemic to Crush the Backbone of America" by Carol Roth

Though clients were given the guarantee that the FDIC would step in to secure their money, it is known that the FDIC has about US$2 billion in cash to fill the whole while the entire amount of money deposited in US banks sum of US$9 Trillion. It is becoming more evident the expectation of the introduction of a Central Bank Digital Currency (CBDC), which in fact we are already very close to it because, as according to the FED, the total Money Supply in the US market amounts to US$21 trillion while the actual cash in circulation is over US$53 billion or about 2.5%, as discussed in detail in the "censured" documentary "97% Owned: How is Money Created (?https://www.youtube.com/watch?v=XcGh1Dex4Yo&t=2s ).

Therefore it would be impossible to get cash if a significant number of individuals or institutions want to have their money and that is why Central Banks are scared of bank runs.

Now, it seems the banking crisis is becoming global as shown by the emergency attitude of creating a Bank Funding Program (BFP) to add liquidity to the international banking system, i.e. in other words, another type of Bail-Out program...

The bottom line is that we might be at the beginning (or midst) of the brink of a Global Financial market overhaul. Be prepared and some ways to do so is to buy or convert dollars into hard assets and goods like gold, silver, commodities, etc.