Banks are edging towards another cliff as Commercial Real Estate devaluations continue to plague lending banks.
On Monday, ratings agency Moody's downgraded all long-term and some short-term ratings of troubled New York Community Bancorp to "Junk."
They literally call the rating JUNK.
You can't make this stuff up. Junk is an accurate description of the system of usury that dominates the financial systems. The whole system is JUNK. Paper money and electronic money are JUNK. Investment accounts are JUNK.
Last week we highlighted the recent banking trouble that ignited with some regional banks in the United States and quickly spread to Japan in our article, "Playing With Dominoes."
The contagion has now additionally spread to some German banks that are heavy lenders in the falling Commercial Real Estate market.
We may be approaching another cascade of bank failures like what kicked off in March of 2023, that at that time ended in the failure of multiple banks that held deposits of $368 Billion!
People falsely believe their bank deposits are fully insured by the Federal Deposit Insurance Corporation (FDIC), but by law, the FDIC only has to carry enough funds to cover 1.35% of the nation's total deposits. If you have $100,000 in a bank during a widespread collapse, you might only get $1,350 back, if you get anything at all.
Right now, you can still exchange your literal JUNK -- bank accounts, retirement accounts, IRA's, etc. -- for real treasure in the Miraculous Medal Medjugorje Rounds.
Physical silver was money 1,000 years ago. Physical silver is money today. and Physical silver will be money 1,000 years from now.
Turn JUNK into treasure immediately by clicking here. Or call Century Silver Exchange at 877-936-7686 to ask questions or place larger orders by phone. With the Miraculous Medal Medjugorje Round's dual purpose, both spiritual and physical, you store up treasure in Heaven and protect your earthly earnings with treasure on earth.
Century Silver Exchange
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