Please Support The Channel:
YouTube Super Thanks (click below)
YouTube Membership (click below)
First Republic Bank has COLLAPSES after it lost over $100 BILLION in Customer Deposits in Q1 2023. This Run on the Assets was despite First Republic receiving almost $120 Billion Bailout from the Fed and $30 Billion from other USA Banks. In this video I look at the current situation for First Republic & Credit Suisse and discuss the possibility of seeing another Banking Crisis and more bank failures in 2023.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.
Chapters:
0:00 Intro
4:14 FIRST REPUBLIC FAILURE
6:46 USA BANK FAILURES
12:10 SUMMARY & CONCLUSION
#firstrepublic
#globalfinancialcrisis
#SILICONVALLEYBANK
#SILVERGATE
#bankingcrisis
#signaturebank
#usa
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3…(read more)
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
HOW TO INVEST IN SILVER: Silver IRA Investing
FOURTH USA BANK COLLAPSES – First Republic Fails After Bank Runs & Concerns Rise Over 2023 & New GFC
In a shocking turn of events, the Fourth American Bank, First Republic, has collapsed amidst bank runs and growing concerns over the global financial climate of 2023. This collapse raises alarming questions about the stability of the American banking system and the possibility of a new Global Financial Crisis (GFC).
First Republic, once considered a pillar of the American banking industry, succumbed to the mounting pressure caused by bank runs. Customers, fearing the worst, rushed to withdraw their funds, precipitating a liquidity crisis for the bank. Unable to meet the massive demand for cash, First Republic found itself unable to sustain its operations, leading to its ultimate demise.
This latest bank failure comes at a precarious time for the American economy, as concerns over the future are growing. The year 2023 has been fraught with challenges, as the COVID-19 pandemic continues to wreak havoc on various sectors. With emerging markets faltering, inflation on the rise, and geopolitical tensions escalating, some experts have expressed fears of an impending economic downturn.
The collapse of First Republic has only served to amplify these concerns, with some even drawing parallels to the 2008 Global Financial Crisis. The fragility of the financial system is again under scrutiny, as regulators scramble to assess the systemic risks posed by the collapse of a major bank.
However, it is important to note that the circumstances surrounding First Republic’s collapse are unique and not indicative of the overall health of the American banking sector. The other major banks in the country remain stable and well-capitalized, with no imminent signs of a similar fate. While the failure of any financial institution is cause for concern, it is paramount to avoid unwarranted panic and maintain confidence in the broader banking system.
Nevertheless, the collapse of First Republic raises questions about the effectiveness of regulatory oversight and risk management within the banking industry. It serves as a reminder of the need for continual vigilance to protect against such catastrophic events and ensure that preventive measures are in place.
In response to the crisis, regulatory bodies and policymakers are poised to reassess the existing regulatory framework, looking for any weaknesses or gaps that may have contributed to the downfall of First Republic. Enhanced oversight and stricter regulations may be introduced to address these concerns, with the ultimate goal of safeguarding the stability of the financial system.
The collapse of the Fourth USA Bank, First Republic, is undoubtedly a sobering moment for the American banking sector. It serves as a wake-up call to the potential risks lying beneath the surface and highlights the fragility of the financial system. However, it is crucial to remember that the broader banking sector remains sturdy, and corrective measures will be taken to prevent similar incidents in the future. The focus should be on learning from this collapse and fortifying the system to ensure its resilience in the face of any upcoming economic challenges.
About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?
(You are great, I'm just moving along.)
Considering the recent developments involving SVB, Signature Bank, and First Republic Bank, reminiscent of the 2008 market crash, is it prudent to continue saving in the United States dollar? Alternatively, would it be wise to contemplate investing in gold amidst these circumstances?
The drill is this,Biden overspends,cannot borrow honestly,does an Argentina and prints the stuff.Then Biden's men at the FED hike interest rates at a rapid rate to eat into the inflation,the interest rate treatment takes longer than expect and the FED doubles down.This causes the duff banks to go into a losing position because they are borrowing short and investing medium to long.Interest rate inversion happens when the long loans loaned by the banks go down in market price and the banks have to sell for cover.Two things to consider here,(1) the capital backing of banks is much higher than it was in 2008 and (2) the public financial system has found more efficient ways of recycling the surplus deposits of the big banks which have been transferred from the unbalanced banks to the JP Morgans of the world.In other words,dotty Biden has taken a lesson from the Argentinas of this world and has taken the easy way out by printing money.Of course if you are printing money that is not earned and does not exist you are opening yourself up for a right gut full of pain.LIVE WITHIN YOUR MEANS JOEEPH BLOGS. Does that mean that Joseph Biden is a dotty old man or did he print money to buy votes at the mid-term elections?He is a socialist of course,enough said.
did someone say pyramid schemes as long as people throw money at these banks they work when people don't throw money they can't pay their customers
What the heck are these finance experts doing?
Surprised he didn’t talk about Cross River Bank it just got ordered to stop with risky loans
The stock market is a complex system that is influenced by a variety of factors, including economic indicators, political events, and global trends. The relationship between policies and the stock market can be complex and multifaceted, and it can take time for the full effects of policies to be reflected in market trends. Therefore, it is possible that policies implemented in the past may have a "lagged effect" on the stock market, as their full impact may not be felt until later on.
It took them a long time to get to this point of failure
bank fail however digital.crypto asset and gold will last forever.
I very much prefer the 'Joe Blogs' in person. The canned clips Wear on my intelligence.
If Joe Needs to play to those folks with short attention spans… so be it.
I am NOT in that group. be well, Joe.
good explanation!!!
Thanks for the great news,,,,go for gold and silver
THIS CONTRADICTS what we learned from Mary Poppins:
If you invest your tuppence
Wisely in the bank
Safe and sound
Soon that tuppence,
Safely invested in the bank,
Will compound
And you'll achieve that sense of conquest
As your affluence expands
In the hands of the directors
Who invest as propriety demands!
Every day we have a new problem. It's the new normal. At first we thought it was a crisis, now we know it's a new normal and we have to adapt. 2023 will be a year of severe economic pain all over the nation.. what steps can we take to generate more income during quantitative adjustment?I can't afford my hard-earned $280,000 savings to turn to dust.
more banks need to be either broken up or let them go under
My bet 1.2 trillion dollars.
Banks, and currencies are all on confidence. Not exactly a confidence trick per se … but close.
There was a time when 'currency of the realm' had actual value measured against the physical standard (that 'backed' it), but today it's value is held to be whatever the issuer says it is.
We need to closely watch the situation with Deutsche Bank and Commerzbank in Germany. If either fails the domino effect will be immediate and massive, because there's no other bank to save them in Germany.
So much for the experts.
I don't need no bank. I. DON'T. NEED. NO. BANK!!!!!!!!!!!!!!!!!!!!!!!!!!!!
'Financialization is the end stage of capitalism' – Marx. When banks make more money from financial engineering than from funding productive activity that benefits society, then Game Over.
0 Russian banks collapsed. Russia 0, USA 3. Who sanctioned whom?
In his 1999 book, The Lexus and The Olive Tree, Thomas Friedman predicted the eventuality of the 'online herd' (Mum and dad shareholders on masse) having a large and problematic effect on the stock market, due to their newfound capacity to buy and sell with near immediacy. Turns out it didn't happen.
I'm tired of looking at non-sensical models while you talk about banks.
we ara watching an empire in decline. and this is inevitable
The basic stupidity that is fueling this present banking crisis is the attempt to use a monetary tool (interest rates) to address a primarily political/fiscal-driven inflation (high fuel costs). Welcome to the world of excessive, arbitrary government manipulation of the economy, by incompetent politically-appointed "managers".
This is the ticking time bomb that the failures of the 2008 recovery didn't address. Banks just took all the money and started doing it again. The low interest rates were kept low for way too long. By a decade. But I do think we are on the edge of global financial disaster.
I'm curious if the TYPES of banks that are failing are different from what happened in 2008. This is looking like a re-hash of 2008 all over again, but in 2008 it was a particular bubble bursting (housing/mortgage bundling), while this time around there hasn't been any talk about WHAT'S DRIVING this crash. If this is a more insulated area and it's mostly the Jeff Bezos' of the world losing this money, maybe the nation as a whole can weather it better. If this is as deeply tied with the rest of the financial industry as the mortgage bundles were in 2008, we're in for a rough ride again.
It sounds like this time it's a matter of the COVID economy birds coming home to nest, so it could be that this is the reverse of 2008, and the average consumer has already seen the impacts, but it's just now hitting the higher-ups?
All This is a clear Logic of easy,Dubious money and uncontrolled spending…
banks of woke people. wow
My decision upon retirement was to leave the USA. I’m in Vietnam heading to Malaysia. America has become an impossible place for me to live.
What you’re saying is Biden’s policies have created this crisis.
You’re model at the end is so attractive. I’m glad some people still appreciate that.
Hang on a minute! As I understand it, JP Morgan paid 10BILLION to the FDIC in return for being handed the collapsed bank by the FDIC..?
Please feel free to correct me if I'm wrong: I'm no financial wazard… but in my day – a 10MILLION payment for an exclusive deal was called a BRIBE!!!
Please can you stop showing cuddly animals at the end of your updates 🙂
First Republic was a spin off from the BANK OF AMERICA
It strikes me that there are no financial experts, no such thing ! Individuals get in front of a big amount because of a greased path through a large organisation. They take a punt on black and if they get lucky and win, they win big because they bet big with somebody else's money ! Other money grubbers are suddenly aware of this gambler, like bluebottles are attracted to shit, because of the large amounts being gambled and won and they are happy to let that fool bet more money until the luck, because that is all it is, runs out ! Then everyone tries to find a scapegoat. These people, who gamble with other people's lives, (there are always victims), are addicts, inept gamblers and need treatment for their addiction and the greedy fools who let them operate need imprisoning !
Credit Suisse would have caused a black swan crisis