Moody’s Cuts Outlook for U.S. Banking System to Negative – via breitbart.com
Moody’s Investors Service cut its outlook for the U.S. banking system to negative from stable and placed six U.S. banks on review for potential credit rating downgrades.
“We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY,” Moody’s said in a report released Monday.
The ratings agency warned that there was still a risk of bank runs at U.S. banks with substantial unrealized losses. (full article)
In the land that time and the gods forgot, most homo sapiens are content to ride the gravy train to Hell, ignoring anything that might take away from their time spent thinking of what a great person they are. Sure, there are banking runs, jab-related illnesses and death, wars, unending lies and corruption and vomit-inducing forms of entertainment, but they’re pretty certain that if others could understand what deep-feeling, brilliant, talented and caring individuals they are, then well, that would be at least one more who adored them as they should be adored.
So, as the willful ignorant’s and apathetic’s telepathically tell the gods that the finest fuckery here on earth, is not only appreciated but will be dutifully ignored, all signs point to ‘yes’ that the shit-show will continue until even a sliver of insanity that might be left, is completely annihilated.
Central Banking Continues To Fail – By Mac Slavo
The Federal Reserve, or the United States central bank, continues to show why totalitarian control over anything, especially a money supply, is little more than slavery. Sadly, too many are still stuck not only believing the myth of “authority” but are caught up in the slave system so fully that they cannot even imagine not having a master.
According to a report by CNN, the shocking implosion of Silicon Valley Bank should not deter the Federal Reserve from its war on inflation, according to former FDIC and Fed official Thomas Hoenig.
“The Federal Reserve is in the hot seat. It’s a no-win situation for them,” Hoenig, the former vice chair of the Federal Deposit Insurance Corporation, told CNN in a phone interview on Monday.
As Gregory Mannarino said, parading Joe Biden out to sell the public another lie about how strong the economy is will do more harm than good.
“This may wake up some people,” Mannarino says. If the ruling class can “hit people in the pocketbook,” they may begin to see the slave system for what it is. Or, they could beg their master to save them and the solution will be nothing short of permanent slavery. The illusion that there’s any freedom at all in this system will be gone. “[The central banks] are the enemy. They are public enemy number one,” he added. They will stop at nothing to make sure humans are fully controlled tax cattle.
Raising interest rates at the Fed’s monetary policy meeting next week could add to the financial pressure facing the banking system, in part by further depressing the value of the bonds that banks are sitting on,CNN further reported. But Hoenig, who led the Kansas City Fed during the 2008 financial crisis, urged the Fed to keep hiking rates because inflation hasn’t gone away.
“It says to the world inflation is still the problem,” said Hoenig, who is now a distinguished senior fellow at the Mercatus Center at George Mason University in Virginia. “Get inflation down. Then you can have a long period of stability, hopefully. If you don’t get inflation down, you get a long period of instability.”
The central banks are doing nothing but navigating an agenda that they’ve had in place for over a century. The goal is a central bank digital currency or CBDC which they will use to make sure the slaves stay in line and have a hard time breaking free from.
“This whole thing is going to get a lot worse,” said Mannarino in a video posted today.
Source: SHTFplan
And in other good news:
The Drums of War With China Are Beating Much Louder Now – by Caitlin Johnston
For a bit more on this subject:
Excuse me, sir… The train to a better world?
***
Tonight’s musical offerings:
Lalo Schifrin : Mannix – Orchestre Philharmonique de Radio France
***
Lalo Schifrin : Mission Impossible (Final) – Orchestre Philharmonique de Radio France
Excellent musical offerings to start the day, thank you!
LikeLiked by 1 person
Happy you enjoyed them! Nothing like a bit of Lalo Schifrin to set a good attitude! Cheers!
LikeLiked by 1 person
Always great to see we are in the decline. Gives Tubularsock hope.
LikeLiked by 1 person
😉 Doesn’t it though! Cheers!
LikeLiked by 1 person