by Peter B. Meyer
March 21, 2023

from FinalWakeupCall Website

Dominos start to fall

A "Too Big To Fail" Bank in Europe is literally on the brink of collapse.

Do you remember when wealthy people all over the world would stash their money in Swiss banks because these were so strong and so private?

Well, the second largest bank in Switzerland is literally on the brink of collapse.

As written earlier Credit Suisse is a prime candidate to be one of the next dominoes to fall. It has been on very shaky ground for a long time, and now the global banking panic has greatly accelerated the outflow of assets from the bank.

So why should you care if it fails...?

Unlike Silicon Valley Bank and Signature Bank, Credit Suisse is so critical to the worldwide banking system that it has officially been designated,

"as being systemically important by the international Financial Stability Board".

Credit Suisse, the 167 year-old banking behemoth, is not a domino falling in reaction to bank failures in the U.S.

Its troubles are of its own making, and have been cascading for over a decade. Still, its current dire predicament could hardly come at a worse time for the global financial system.
 

Wake up, read the headlines, see another bank panic…

Credit Suisse is one of just 30 global financial institutions designated as being systemically important by the international Financial Stability Board.

In other words, it's too big to fail...

The widespread panic that is witnessed is definitely not what the bureaucrats at the Federal Reserve were anticipating.

Following the second largest bank collapse in U.S. history and the third largest bank collapse in U.S. history a few days layer, the Federal Reserve unveiled an unprecedented rescue plan that was supposed to end the banking panic.
 

Major sovereign debt crisis

If you have not seen it yet, you can view the details on the official website of the Federal Reserve (FED) right here.

The most important part of the plan is the Fed's decision to fully guarantee all of the deposits at Silicon Valley Bank and Signature Bank...

The world is entering a major sovereign debt crisis and that's going to turn many markets inside out and upside down.

Don't expect any voluntarily rate hike this year. Instead, the next round of QE will start around the world in order to stabilize falling markets. The problem is that this time it will have minimal and only short-term effects.

For the last years, investors around the world have ignored risk. That is why the coming panic will be so brutal.

When interest rates inevitably go up from these artificially suppressed levels, the bond and stock markets are going to collapse, and with it, the real estate market.

Pension funds are going to be wiped out.

This is a very bad situation:

The world is itself digging in deeper and deeper.

The European Union

will not survive.

It will disintegrate.

And right now,

all of the powerful economic cycles

will converge this year,

forming the Super Cycle

that will signal total collapse.
 

Governments are desperate; Spain has begun taxing bank deposits. You pay an income tax on your pay-check, and then pay another tax when you deposit it in the bank.

Happens really a financial crisis...

As such huge sums of money are available to the élite banking bloodlines,

Why is crippling financial austerity being imposed by national governments on their populations?

And why are the elected politicians in the Western democracies keeping their mouth shut to keep their electorates in the dark about these vast hidden riches, while, at the same time, they are raising taxes and cutting public expenditure on services and infrastructure?

An enquiry must be made:

Is there really a global banking crisis at all?

 

Or is the "financial crisis" just a set-up media event to provide cover for massive élite theft?

In 2008 the world has experienced the hurricane going through the financial system, first entering and then crossing its eye in the centre of it, all went relatively quiet, and now we are leaving that eye at the other side, entering the trailing stream.

This is going to be much severe, different and longer lasting than what was seen in 2008/9.

Most of the printed fiat money still is in de banking system, but not in the economy. Divided over the real estate, stock, bond and crypto markets, creating bubbles in all of those.

The higher they go, the harder they fall...

Sadly, not many people are prepared when this next crisis hit. Keep an eye on Janet Yellen, she just poured lighter fluid on every small bank in America and don't forget the EU.

Listen for serious trouble at "too big to fail" banks.

The coming months are going to be extremely significant, and be wise to get ready out, while it still is possible.

"Everything is lining up to see the most massive shocks in the global economy and markets. This panic seemed to come out of nowhere as global bond markets see a massive selloff and stocks plunge."

Banking crisis unfolding

The banking crisis that we see unfolding in the world is proof that more is coming our way.

This March, three banks have collapsed in the span of one week.

It started at first with a California-based cryptocurrency-focused bank, Silvergate, which collapsed on March 8^th, and then two days later Silicon Valley Bank (SVB) went down as well.

It went down in the largest-ever bank run...

And that was the second biggest ever to fail in US history. And it was also the largest bank to crash since 2008.

Silicon Valley Bank had $209 billion in assets, compared to the largest-ever bank failure which was Washington Mutual, which had $307 billion in assets, and that was in 2008.

Well, in order to understand why they're crashing, you have to compare it to what happened in 2008 and 2009.

This crash is much more serious.

In 2008 and 2009, Washington Mutual collapsed because it was a crooked bank. It was writing fraudulent mortgages, junk loan mortgages.

 

It should have been allowed to go under because of the fraud.

The basic subprime fraud and collapse was widespread fraud throughout the whole financial system.

 

Citibank was one of the worst offenders.

 

These were individual banks that could have been allowed to go under and the mortgages could have done what President Obama had promised to do.

The mortgages could have been written down to the realistic market values that would have cost about as much to service as paying your monthly rent.

 

And you just would have got the crooks out of the system.

 

To rob a bank is to own one, is often said, but true!

Obama had promised to write down the loans, to keep the subprime mortgage people in their houses, but to write down the loans to the fair value they had to undo the fraud.

What happened instead was, as soon as he took office, he invited the bankers to the White House and said,

"I'm the only guy standing between you and the mob with the pitchforks."

He bailed out the banks and directed the FED to undertake fifteen years of quantitative easing (QE).

And what that was, was the FED said,

"Well the mortgages are worth less than - the value of the property doesn't suffice to cover all of the bank deposits, because the banks have made bad mortgages."

"How do we save the banks

that have misrepresented

the value of what they have...?"
 

They slashed interest rates to zero, and it spurred the largest asset-price inflation in history.

Flooded the market with credit, instead of real estate prices going back to an affordable level, to make them even more unaffordable.

Made the banks much richer.

 

It also made the 1% in the financial sector much richer,

...and so on!

Of course this created inflation in stock prices, bond, real estate and crypto prices.

 

Leaving out the bottom 90%.

As people may begin smelling one or more rotting fishes, they may cause a run on the banks which would be Step One to a full scale financial collapse.

Credit Suisse (CS) is in deep trouble.

 

As these lines are written Union Bank of Switzerland its largest bank (UBS), is talking about takeover CS for $3 Billion.

As part of the deal, the Swiss National Bank is offering a 100 billion-franc liquidity assistance to UBS while the government is granting a 9 billion-franc guarantee for potential losses from assets UBS is taking over, i.e., this is a taxpayer-backed bailout.

This wipe out, actually a bail-in, is the biggest loss yet for Europe's $275 billion AT1 market, far eclipsing the approximately €1.35 billion loss suffered by junior bondholders of Spanish lender Banco Popular SA back in 2017, when it was absorbed by Banco Santander SA to avoid a collapse.

 

Precious metals are your safe haven

This time precious metals and their stocks will not fall with the market.

Instead, they substantially will move up.

Gold and silver will protect investors from the massive wealth destruction that has been and still is going on.

The financial system cannot survive the annihilation of asset markets and the implosion of debt, real estate and all is coming.

Everyone must getting out of electronic currencies and into precious metals.

 

Adding silver and gold to your private safe depot is the only way to ensure that your currency will be accepted following the collapse.

The cabal has planned the IMF issued SDR-world currency that devalues existing fiat currencies with up to 90%.

Imagine that you have to pay ten times more for everything, instead of €2 now, then €20 for a bread.

 

Your € 200,000 mortgage would become a 2 million euro mortgage!

Keep Israel in focus in the coming time, because we could soon see some incredible events take place.

Rumors of an imminent war between Israel and Iran are starting to reach a crescendo, such a conflict could potentially erupt.

Look for an announcement about the discovery of the Ark of the Covenant. Needless to say, such an announcement would be the greatest archaeological bombshell in history.

 

The current location of the Ark has been kept very quiet for a long time, but Israeli government is not going to be able to keep a lid on this indefinitely.

 

And when the truth finally comes out, literally everything will change.

Wakeup and Shakeup, otherwise accept a premature death, or indefinite enslavement!

Creating money out of thin air is not a solution.

Central banks are printing money like there is no tomorrow, while debts are piling up faster than ever and the economy is falling apart. Count on 'sky-high' inflation before the new QFS system is up and running.

This is the very essence of a sovereign debt crisis:

Investors realize that not only the debt never will be repaid; these governments may fail to pay the interest due on the debt they already have...

The Khazarian Mafia pretending to be central bankers have to be brought to justice.

"In criminal law it is a given that stolen assets need to be returned to their rightful owners. These owners are the average tax-paying citizens of the planet.

 

Police and military agencies around the world have a duty to enforce the law and arrest criminals. Top central bankers are proven criminals.

 

So, what are they waiting for?"

The Final Card by Dr. Carol Rosin

The Last card is the Alien card, to put up weapons in space, which is a lie from 1974 when Wernher von Braun told his many years confidential assistant Carol Rosin just before he died in 1977.

An extended more detailed version, explaining how wars are created, and specifically the war on Saddam Hussein was prepared already 20 years in advance.