BREAKING: Trump Issues Dire Warning After Bank Failures Says Further Financial Calamities on the Horizon. "THE BANKS ARE ALREADY STARTING TO COLLAPSE!!!" - Donald Trump My Fellow American, Here we are at the end of 2023, with a string of six Bank Failures. Moodys downgraded 27 banks facing possible takeovers, and a report released this year said 187 more banks are teetering on collapse. After Donald Trump sounded the alarm, two of those six failed. This brings us to a very uncomfortable topic: Collapsing Banks keeping a portion of uninsured depositors' funds. You might be saying to yourself, I don't have any uninsured deposits: Ahhh, but quite the contrary. The U.S. has $7.118 trillion in uninsured deposits, which is 42.2% of total deposits. Do you have a retirement account at a bank or other institution? You have uninsured deposits if they've invested your money in any of the following. - Stock investments
- Bond investments
- Mutual funds
- Crypto Assets
- Life insurance policies
- Annuities
- Municipal Securities
- Safe deposit boxes or their contents
These have no Federal Insurance Coverage. Can these Banks really keep some of your uninsured deposits? The truth is that under the right circumstances, the answer is yes. Bank Failures are Beginning to Pick up Momentum Get this Complimentary Protection Guide to learn ways to protect your assests. The most recent bank collapse the media doesn't seem to be talking about is that of Citizens Bank. The Federal Government just closed them down. That is the sixth bank to go under in the 2023 calendar year. Here is a quick reminder of this year's other collapsed banks: - Silicon Valley Bank
- Signature Bank
- First Republic Bank
- PacWest Bank
- Heartland Tri-State Bank
Some may argue that PacWest Bank didn't collapse; they were purchased. But they were only purchased because they were collapsing and could not cover depositor withdrawals. Bank of California scooped up all the PacWest's assets for pennies on the dollar. What is a Bank Bail-In, (Keeping Deposits) and Why Should You Care? This Complimentary Protection Guide shares the one secret IRS loophole that could save you thousands. Throughout America's history, failed banks were bailed out by our hard-earned tax dollars. But then President Barack Hussein Obama changed all that. In 2010, he signed into law The Dodd-Frank Act. (Public Law 111–203, H.R. 4173) This reverses the policy from Bailing Out the Banks to what is now called a Bank Bail-in. Investopedia describes the Bail-In. "Bail-ins provide immediate relief when banks use money from their unsecured creditors, including depositors and bondholders, to restructure their capital. Banks can convert their debt into equity to increase their capital requirements. Although depositors run the risk of losing some of their deposits." This Complimentary Protection Guide shares the one secret IRS loophole that could save you thousands. Investopedia also tells us, "the Financial reforms under Dodd-Frank Act eliminated bailouts and opened the door for bail-ins." April Meehl, from the University of Wisconsin-Madison, in her paper Bailouts, Bail-ins, and Banking Industry Dynamics, describes the "Bail-In" Model: - All uninsured debt is converted to equity.
- The bank is valued as a new "all-equity" bank.
- Creditors (meaning you, the depositor) receive the value of the new shares.
Does This Sound a Little Orwellian to You? A failed bank with government approval can take some of your uninsured deposits and use them to keep themselves afloat. In exchange, you get equity in the failed bank. I am urging you to get this Complimentary Protection Guide while you still can. And I don't mean that as hyperbole. This is a "Take Action" guide with steps to take to protect you and your assets. Inside You'll Learn the following: - About the particular account, rich people use to shield their assets
- About the world's most powerful anti-inflation fighter
- About what you must do now to protect your retirement…plus how to profit from the coming turmoil
- Plus, we're also going to reveal the secret IRS loophole that could save you $1,000s in taxes
The best time to plant a tree was 20 years ago; the second best time is now. ACT NOW. It's important not to delay. Grab it here Complimentary Protection Guide. |
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