Banking Collapse Continues? JPMorgan Chase To Acquire First Republic & New Regional Bank Plummets
First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
First Republic Bank has been seized by U.S. regulators. The bank is said to be sold to JPMorgan Chase.
This is the second largest bank failure in U.S. history. The FDIC estimates a $13 billion loss to the deposit insurance fund.
JPMorgan CEO says the banking system is “sound” after assimilating First Republic Bank, expects more consolidation.
You can read more about it on WSBTV.com here.
But wait…there’s more!
Next regional bank on the chopping block. PacWest Bancorp is currently walking the plank.
Eerily similar to the First Republic chart before it went under. pic.twitter.com/TPHl7VYJEf
— Marty Bent (@MartyBent) May 1, 2023
Also, the scam, I mean pitch, is to tell you that a CBDC would help end “bank run crises”.
That’s what the Canadian media is saying…
This looks like another “problem, reaction, solution” play.
Problem: Banks are failing
Reaction: People say, “Do something!”
Solution: Bigger banks acquire the smaller banks for more centralized power and control. (Then launch CBDC)
So what can you do about it?
First, have no fear!
Fear will only make things worse for you. Your health will go down. You’ll make poor decisions. And you won’t see the opportunities in this situation (as there is in ALL “negative” situations).
Use this as an opportunity to make the DECISION to take charge of your life and not have anything like this negatively affect your life.
You can use any emotions you feel to help fuel your motivation and desire to live your best life!
And what some people are doing is they’re looking into other solutions, such as this.
This is simply another blip on the radar of life on Earth.
Continue to take charge of your life and live the life you were born here to live.
Remember, everything will be well in the end. And if it’s not well now, it’s not the end!
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