A banking crisis leads to a Financial crisis and then a war
Monday, March 13, 2023. The developments from the USA are rapid as a second American bank, Signature Bank, collapsed a while ago.
On Sunday, the financial regulator in New York announced that it has taken over Signature Bank.
Its bankruptcy trustee is the Federal Deposit Insurance Corporation (FDIC).
As of December 31, 2022, the agency said Signature Bank had $88.59 billion in savings.
It is the second US bank to collapse in a few days, after Silicon Valley Bank.
European Banks will soon follow.
Joe Biden will address the American people about the collapse of the banks - Donald Trump: "A recession bigger than 1929 is coming."
The American president briefed the senators at the White House
The Crash of 1929 led to a global depression, social unrest, insecurity, and the rise of international far-right regimes and, ultimately, World War II.
Buy food, gold, and basic supplies.
@world.war.3.2023
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