by: Mike Adams

(Pure Information) Based mostly on the mixture bail-in / bail-out that simply occurred on an emergency foundation in Switzerland yesterday, we now know that all the western monetary system is a grand con. They may change the foundations at any second and steal your cash, similar to they did to Russia in 2022 by seizing $300+ billion in Russian deposits held at western central banks. Yesterday, as a part of the panicked, unlawful bailing out of Credit score Suisse, they worn out US$17 billion in AT1 (tier-1) bonds, leaving the bond holders excessive and dry.

As CNBC experiences, “The $17 billion wipeout of Credit score Suisse bondholders has not gone down effectively in Europe.”

One part of Credit score Suisse’s bondholders is ready to be worn out following the struggling financial institution’s takeover by UBS, inflicting them to see investments price 16 billion Swiss francs ($17 billion) change into nugatory. The Swiss regulator FINMA introduced Sunday that the so-called further tier-one bonds, that are extensively considered comparatively dangerous investments, might be written to zero as a part of the deal.

In the meantime, the precise shareholders of Credit score Suisse have been in a position to hold most of their belongings intact as a result of they obtained UBS shares in alternate. And all the deal was carried out illegally, in violation of Swiss legal guidelines, by skipping the required Credit score Suisse shareholder vote.

The message to the monetary world is crystal clear: Your cash isn’t secure in any western financial institution, not in Europe, America, Canada or anyplace. It’s not even secure in “systemically essential” banks, as a result of governments will merely change the foundations with out discover, fully outdoors the legislation, and they’ll steal your bonds, your deposits and your shares to maintain their very own authoritarian regimes in energy whereas gutting traders.

It’s straightforward to see the place this goes now, and it’s a complete wipeout of the western monetary system

I just lately interviewed Andy Schectman (see under), and he explains that this appears to be like so much like a form of managed demolition of the banking system as a way to create the right narrative for rolling out CBDCs — the top sport of whole authorities surveillance, monitoring and enslavement of the plenty.

To roll out CBDCs, they first must destroy all business banks. Then the governments of the world plan to trip to the rescue with their digital cash programs that characterize the ultimate nail within the coffin of human freedom. If this plan proceeds, practically each western financial institution will destroyed, abandoning just a few globalist banks (JP Morgan, Wells Fargo, and many others.) that can implement the transition to CBDCs.

As a part of this course of, banks are basically being nationalized proper now, similar to we just lately noticed with SVB and Signature Financial institution. Three banks failed in america just lately, and the federal government FDIC took them throughout. The Credit score Suisse bailout concerned a $100+ billion bailout liquidity injection from the Swiss authorities, but their dishonest, communist leaders falsely declare, “This isn’t a bailout.”

What’s subsequent, will they declare, “This isn’t communism?” As a result of that’s the plan.

Hearken to in the present day’s audio podcast under, adopted by 4 interviews with high cash and finance consultants who reveal the reality in regards to the international banking disaster now unfolding.

Abstract of in the present day’s podcast episode:

– The Credit score Suisse BAIL IN wipes out $17 billion in bond worth
– Swiss authorities liquidity provides BAIL OUT issue to UBS acquisition
– World monetary disaster started in crypto, moved to Silicon Valley and unfold to Europe
– All the western monetary system is headed for disaster
– Janet Yellen says the federal government will CHOOSE which banks survive and which of them fail
– Solely the WOKE banks might be bailed out as a way to hold WOKE startups alive
– Most SVB startups have been centered on WOKE matters like local weather change
– All deposits and monetary devices have counter celebration threat
– Solely stuff you bodily management haven’t any counter celebration threat:
– Gold, silver, land, meals, ammo, and many others.
– The place to cover your gold with certainty that nobody will mess with it
– Because the collapse accelerates, folks will change into even MORE determined
– Because the banks fail, chaos will prevail

Brighteon: Brighteon.com/bba1fab8-d3f8-4109-8a94-54dec445b35f

Rumble: Rumble.com/v2dyduw-situation-update-32023-global-finance-shockwaves-as-credit-suisse-bail-in-w.html

Bitchute: Bitchute.com/video/OMKeHoqHtIU7/

Banned.Video: Banned.video/watch?id=641831e5605edf539c996dfc

iTunes podcast: Healthrangerreport.com/situation-update-mar-20-2023-global-finance-shockwaves-as-credit-suisse-bail-in-wipes-out-billions-in-bonds

Additionally see my latest interviews with Andy Schectman, Gregory Mannarino, Gerald Celente and Peter Schiff:

Discover extra information about monetary threat at DollarDemise.com