ZH: “The Market Is Being Brutal”: Futures Crash As Banks Crisis Slams Europe, Credit Suisse Craters


COGwriter

ZeroHedge reported the following:

“The Market Is Being Brutal”: Futures Crash As Banks Crisis Slams Europe, Credit Suisse Craters

March 15, 2023

Just when it seemed that futures may finally be stabilizing after a week of rollercoaster moves and one day after US regional banks rebounded amid hopes that the US small bank run was easing, the bank crisis made a triumphant arrival in Europe where (just as we warned yesterday) it was all about Credit Suisse.

The Swiss Bank, already trading at all time lows after it said yesterday that its financial reports had a material weakness, cratered more than 20%…

after the bank’s top shareholder, Saudi National Bank Chairman Ammar Al Khudairy, whose stake has lost more than one-third of its value in three months, ruled out investing any more in the troubled Swiss bank as a bigger holding would bring additional regulatory hurdles. https://www.zerohedge.com/markets/market-being-brutal-futures-crash-banks-crisis-slams-europe-credit-suisse-craters

Worsening sentiment got even worserer after The Wall Street Journal reports, citing unidentified people familiar with the matter, ECB officials contacted lenders it supervises Wednesday to ask about financial exposures to Credit Suisse AG. https://www.zerohedge.com/markets/credit-suisse-sparks-global-de-risking-after-top-investor-bails

The ECB is the European Central Bank.

As posted here many, many times, the late Pastor General of the old Worldwide Church of God, Herbert W. Armstrong, had a view about banking matters and European unity. Here is something he said in a sermon on July 7, 1984:

And I can see now, the event that is going to trigger the formation of the reunification in Europe; the resurrection of the medieval Holy Roman Empire that we’ve been looking forward to that is prophesied to come…

But I believe that some event is going to happen suddenly just like out a blue sky that is going to shock the whole world and is going to cause the nations in Europe to realize they must unite! … Well now I think I can see what may be the very event that is going to trigger…that is the economic situation in the world

The whole banking structure in the United States is a network all jointed together. But not only that, one nation has to deal with other nations and imports and exports. And so they have to have a means of transforming money from one nation to another. And so the banking structure is international and interwoven…

Now when the financial structure breaks down, all civilization is going to break down…

So, an economic or banking crisis is what Herbert W. Armstrong concluded would drive Europe to unite.

But there is something else some suspect is going on:

Silicon Valley Bank collapse worked its way into being the 2nd biggest banking collapse in US history, we’ve got to take another look at that still breaking story from different angles, with both that story over at Coin Telegraph which reporting on how the Silicon Valley Bank failure is urging regulators to step in due to claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses and how these bank runs are being used to lead to the ‘new world order‘ and ‘great reset.’  …

So while 10’s of millions of Americans may not think that the collapse of SVB will have any effect upon them at all, as this story over at Coin Telegraph also reports, according to Fed data, small banks in the United States had $6.8 trillion in assets and $680 billion in equity as of February 2023. Considering this scenario, a failure on the tech bank would put in “risk of a run on thousands of small banks,” further making the SBV situation a “main street problem,” said Bob Elliot.

And while The Dispatch reports the Federal government is trying to contain the fallout from this latest bank failure, how long before they can no longer ‘kick that can down the road‘ and things will implode disastrously? It’s not just a coincidence that #TheGreatDepression is trending this very moment on twitter.  …

what happens in the future, whether very near or further away, when 10’s of millions of Americans are ‘stiffed?’

So while March of 2023 might not be that day, and somehow the globalists will manage to kick the can down the road even one more time, knowing that the ‘great reset‘ and ‘new world order‘ are their ‘end games‘ for this mess they’ve created really tells us it’s just a matter of time.  03/13/23 https://allnewspipeline.com/Bank_Runs_Lead_To_New_World_Order_And_Great_Reset.php

Tucker Carlson opened his show on Monday by discussing the banking crisis in the country today.

On Monday morning trading was halted on 20 banks as the markets opened.  The New York Stock Exchange halted trading at Charles Schwab.

Tonight Tucker Carlson went there – pointing out that the federal government gained power after bailing out the Silicon Valley Bank. Tucker also warned that this banking crisis could lead to a national digital currency. This is something the government and Federal Reserve have been working on. It also would allow the government to control you money, income and personal behavior. It would likely mean a further crackdown on conservatives, Trump supporters, Christians, and Pro-Life Americans.

Tucker Carlson: You have to ask yourself, what are they going to do this time? Well, we know we’re about to see bank consolidation. Big banks eating little banks. And that means less competition. More consolidation means more government control. So what are they going to do with that control? Well, all things being equal, if people don’t start making a lot of noise and exerting an awful lot of pressure, it’ll mean digital currency, a currency that politicians control… You think that’s not coming? Of course it’s coming. They’d like it to come…

…You’ve got a deposit at a regional bank that’s holding tons, way more than you know, of long term treasuries that are worth a lot less than they were when the bank bought them. That means that bank is at risk. That means your money is at risk. But Senator Mark Kelly of Arizona doesn’t want you to know about that. Why wouldn’t they want you to know? That kind of interesting. That kind of censorship could actually crush people. So we have to ask the obvious question how close are we to some sort of disaster? https://www.thegatewaypundit.com/2023/03/tucker-carlson-goes-there-if-people-dont-start-making-a-lot-of-noise-it-will-mean-digital-currency-if-you-want-to-make-a-run-on-the-banks-this-is-how-you-talk/

Yes, the USA is looking into having a Central Bank Digital Currency (CBDC). And yes, this increases governmental controls and losses of freedom.

But let me add that the Europeans are further along on this. The ECB involvement with Credit Suisse shows a type of European control already. A banking crisis looks to be one of the factors that will lead to Europe coming up with a CBDC or other type of digital currency.

The Bible says that a coming totalitarian European Beast power will control buying and selling.

Here is part of #13 of my list of 23 items to prophetically watch in 2023:

13. CBDC and 666

Notice the following prophecy:

16 He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, 17 and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name.

18 Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666. (Revelation 13:16-18)

This type of financial surveillance could not have happened during the time of the Apostle John as there was no real way to monitor many financial transactions then (despite the fact that ‘preterists’ believe this was fulfilled almost 2000 years ago, see also The Dangerous Rise of Preterists). The same was true for all the centuries that followed until the late 20th and now the 21st century. But now not only does the technology exist to monitor most financial transactions, the political will is there as well.

It will be a European power that will fulfill the above prophecy of 666 (watch Can You Prove that the Beast to Come is European?).

It will likely take computers aided with artificial intelligence to aid in the fulfillment of the scriptures in Revelation 13:15-18, as well as cyber-spying/monitoring. I do believe that cyber monitoring will be used by the European Beast, King of the North, 666 power. …

Knowledge and monitoring of financial transactions is greatly increasing.

Europe has claimed that it will be the dominant force in cryptocurrency.

While 2023 will not see a cashless world, expect to see more movements towards monitorable payments.

Expect to see more steps related to Central Bank Digital Currencies in 2023.

Are you paying attention to what is going on in the world?

Pushes towards digital currencies, totalitarian surveillance, digital passports, and travel restrictions are all consistent with the type of totalitarian controls that the prophesied Beast of Revelation will implement.

Yes, Europe will adopt some type of digital currency.

The 666 prophecies will be fulfilled.

Probably within the next decade.

Some items of possibly related interest may include:

23 items to prophetically watch in 2023 Much is happening. Dr. Thiel points to 23 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon:  23 things to prophetically watch in 2023. Here is a related sermon in the Spanish language: 23 Temas para observar proféticamente en 2023.
Mark of the Beast What is the mark of the Beast? Who is the Beast? What have various ones claimed the mark is? What is the ‘Mark of the Beast’?
The Mark of Antichrist What is the mark of Antichrist? What have various ones claimed? Here is a link to a related sermon What is the ‘Mark of Antichrist’?
Europa, the Beast, and Revelation Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about “the Beast”? Is an emerging European power “the daughter of Babylon”? What is ahead for Europe? Here is a link to a video titled: Can You Prove that the Beast to Come is European?
Must the Ten Kings of Revelation 17:12 Rule over Ten Currently Existing Nations? Some claim that these passages refer to a gathering of 10 currently existing nations together, while one group teaches that this is referring to 11 nations getting together. Is that what Revelation 17:12-13 refers to? The ramifications of misunderstanding this are enormous. A related sermon is titled Ten Kings of Revelation and the Great Tribulation.
Might German Baron Karl-Theodor zu Guttenberg become the King of the North? Is the former German Defense Minister (who is also the former German Minister for Economics and Technology) one to watch? What do Greco-Roman Catholic, Byzantine, and biblical prophecies suggest? A video of related interest would be: Karl-Theodor zu Guttenberg and Europe’s Future. Two shorter videos are also available: Blockchain, Karl Guttenberg, and 666 and The Middle East, Prophecy, and Karl Theodor zu Guttenberg.
Biden-Harris: Prophecies and Destruction Can the USA survive two full presidential terms? In what ways are Joe Biden and Kamala Harris apocalyptic? This book has hundreds of prophecies and scriptures to provide details. A Kindle version is also available and you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to your free Kindle reader app (or if you already have one or a Kindle), you can go to: Biden-Harris: Prophecies and Destruction (Kindle) to get the book in seconds.

 



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