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Title: Credit Suisse Craters To Record Low After Revealing Staggering $88 Billion Bank Run
Source: [None]
URL Source: https://www.zerohedge.com/markets/c ... staggering-88-billion-bank-run
Published: Nov 23, 2022
Author: Tyler Durden
Post Date: 2022-11-23 10:59:20 by Horse
Keywords: None
Views: 263
Comments: 6

FTX was hit with record bank run, and filed for bankruptcy in days, with no central bank to bail it out.... Credit Suisse hit with record bank run, and both the SNB and Fed rushed to bail it out.


Poster Comment:

SEE IMAGE. Bank runs might start in Europe but they will hit America. In 1931 on May 11 the Rothschild owned Credit Anstalt bank in Vienna Failed. It took awhile but American banks failed. We have 2 quadrillion dollars in derivatives so it won't take long for the dollar to go which is why the FED is printing money for Swiss bankers. (1 image)

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Begin Trace Mode for Comment # 5.

#4. To: Horse (#0)

printing money for Swiss bankers.

I thought Swiss banks were secure and very private. If you had a Swiss bank account the money in it was safe from being plundered.

Why on Earth would the FED bail out Swiss banks? ;)

BTP Holdings  posted on  2022-11-23   16:08:45 ET  Reply   Untrace   Trace   Private Reply  


#5. To: BTP Holdings (#4)

2 QUADRILLION IN DERIVATIVES. Commercial Swiss banks are fractional reserve banks just like US. Private Banks in Switzerland accept gold deposits. Those are safe.

Horse  posted on  2022-11-23   20:42:16 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 5.

#6. To: Horse (#5)

On his death bed, Woodrow Wilson regretted establishing the Federal Reserve System.

On June 5, 1933 FDR declared the United States Government bankruptcy and insolvent. Everyone was ordered to turn in the gold at $20.67/oz. It was immediately revalue ro $35/oz. That was a ride profit for the goods.

The Federal Reserve took possession of all the gold in Ft. Knox which is now empty except for 90% pure gold from melted coins.

. There was even a Die Hard movie made about the gold kept in the sub basement of the Federal Reserve Bank of New York. ;)

BTP Holdings  posted on  2022-11-24 06:51:45 ET  Reply   Untrace   Trace   Private Reply  


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