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The World Banking System Could Collapse By This Weekend

  • There is a law­suit in Texas that may ban the abor­tion pill and we could hear the results of that in the next cou­ple of days. WY is the first state to ban the abor­tion pill. 
  • The bank­ing sys­tem could col­lapse by this weekend. 
  • Last week­end Eliz­a­beth War­ren went on all the morn­ing shows. She is on the bank­ing com­mit­tee in the Sen­ate and she wants to fed­er­al­ize your money. 
  • In the tech sec­tor, the newest indus­tri­al rev­o­lu­tion, the next will be AI, why are they cut­ting thou­sands of jobs? Remem­ber auto man­u­fac­tur­ing was an Amer­i­can thing and  if you saw a head line that GM was let­ting off 5000 peo­ple it would be big news. But the tech sec­tor is lay­ing of 10 of thou­sands of people. 
  • Will inter­est rates be raised rul­ing the bank­ing cri­sis. The feds will meet this week and will raise 25 or 50 basis points. 
  • Shares in First Repub­lic Tum­ble amid report of new res­cue plan. 
  • Remem­ber you don’t have any­one speak­ing out about the entire mon­e­tary sys­tem, which is out of the hands of the Unit­ed States. 
  • Group of big banks pumped $30B in the bat­tered First Repub­lic. A group of 11 of the largest US banks said Thurs­day they are send­ing a com­bined $30B to shore up First Repub­lic Bank, a rare move by finan­cial indus­try rivals to strength­en a region­al lender buffered by the sud­den col­lapse of Sil­i­con Val­ley Bank. 
  • The whole mon­e­tary sys­tem of the world will be chang­ing soon, sources say­ing as ear­ly as Friday. 
  • Rick said Fri­day that every­thing out there is by design and now it is being implemented. 
  • White House rejects the idea that Xi and Putin are team­ing up against Joe Biden and claims Rus­sia is a junior part­ner in the rela­tion­ship and a cease­fire in Ukraine would be a vic­to­ry for the Kremlin. 

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