Situation Update, Mar 20, 2023 - Global finance SHOCKWAVES as Credit Suisse BAIL IN wipes out billions in bonds
39040 views • 03/20/2023

0:00 Credit Suisse Crisis

32:40 Where to hide your gold

45:15 Trump

- The Credit Suisse BAIL IN wipes out $17 billion in bond value

- Swiss government liquidity adds BAIL OUT factor to UBS acquisition

- Global financial crisis began in crypto, moved to Silicon Valley and spread to Europe

- The entire western financial system is headed for catastrophe

- Janet Yellen says the government will CHOOSE which banks survive and which ones fail

- Only the WOKE banks will be bailed out in order to keep WOKE startups alive

- Most SVB startups were focused on WOKE topics like climate change

- All deposits and financial instruments have counter party risk

- Only things you physically control have no counter party risk:

- Gold, silver, land, food, ammo, etc.

- Where to hide your gold with certainty that no one will mess with it

- As the collapse accelerates, people will become even MORE desperate

- As the banks fail, chaos will prevail

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