More FED shenanigans-'BTFP' = More Hokum
...optics and mirrors
Another acronym, another bamboozlement, and another leaky raft on board the sinking financial matrix. One source reports that 1400 banks have collapsed globally since March 10th, 2023. There is no BailOut on the horizon because, like so many details regarding the FED’s sleight of hand-hat tricks, you can only create play money for so long until the entire house of cards collapses. Illusions have a shelf life.
THE BAMBOOZLEMENT
“…the Fed invented a new facility they’re calling the “Bank Term Funding Program,” or BTFP. “The BTFP is really just an extraordinary lie designed to make you think that the banking system is safe. They might as well have called it: ‘Believe This Fiction, People.’” a Mossad source says.-BF
MSN’s chart outlines the parameters for the BTFP:
https://www.msn.com/en-us/money/savingandinvesting/first-republic-regional-banks-won-t-benefit-much-from-feds-new-funding-program/ar-AA18GmRH
OPTICS and DIGITAL REALITIES
“The Federal Reserve is technically bankrupt. In 2023 the Fed will post its first annual operating loss of $80 billion since 1915. It will have a negative capital of $38B. This loss does not count the $1.3 trillion unrealized loss on its portfolio,” CIA sources say.-BF
Translation:
Now the central banks of Canada, England, Switzerland and the EU have announced “dollar swaps will increase from weekly to daily.”
https://finance.yahoo.com/news/fed-five-central-banks-announce-210200117.html
“What this means is the big Khazarian Mafia central banks will all be pumping out dollars daily. In other words, the US CORPORATION and their FRB intend to drag the EU, Switzerland, Canada and England central banks down with it.”-BF
ALASKA BEACON reports-
“Over the weekend, regulators announced additional funding to help banks meet their obligations. The Bank Term Funding Program provides banks loans for up to one year by offering assets as collateral to “safeguard deposits and ensure the ongoing provision of money and credit to the economy.” Yellen approved the use of up to $25 billion as a backstop for the fund. Banks have borrowed $11.9 billion so far, the Federal Reserve said on Thursday.
When the mid-sized San Francisco-based First Republic Bank signaled it was in trouble this week as depositors began to flee, Yellen worked on a plan with Jamie Dimon, JP Morgan Chase’s chairman and CEO, to stabilize it. On Friday, 11 large banks provided an influx of cash — $30 billion. On Thursday, the Swiss National Bank said it would provide billions in liquidity if needed to support Credit Suisse, a global investment bank based in Switzerland that has had numerous financial issues over the past few months.”
In short, as the banks sink into the muck and mire—what we are witnessing on the street is a global people’s revolt and the end of the tyrannical Khazarian reign. In summary, citing France as a significant example—we see the French garbage collector strikes, and the fact that Parisian television hosts are discussing taboo topics like “adrenochrome”, and this means that the tide has turned. We are in a deep state of macro disclosure and a global awakening like no other in recent history. This is cause for celebration as I see it, even if the usual routines we have become accustomed to will also go south. Preppers are on the right path, and stocking up on dry goods is a good idea. Solar power generators are also good. Water filtration systems as well.
Meanwhile:
HSBC Tumbles in Hong Kong as AT1 Debt Selloff Weighs on Banks - Mar 20, 5:01 UTC - Bloomberg/Yahoo
HSBC Holdings Plc fell as much as 6.6% in Hong Kong trading, the biggest drop in nearly six months, with its newly issued AT1 bond declining more than 5 cents. Standard Chartered Plc slid as much as 5.6%.
The complete write-down of Credit Suisse's AT1 debt as part of a Swiss bailout has investors in the $275 billion market scrambling to determine how much protection the notes offer in a crisis.
https://news.grabien.com/story-carl-icahn-our-system-is-breaking-down-we-absolutely-have-a-major-prob
That’s a quick Global Bank recap, and although Credit Suisse seems like it may survive another week or two—the landscape is shifting so rapidly now that it’s difficult to stay ahead of the curve. I can predict with great confidence that there will be no clues forthcoming via Jen Psaki’s new TV show on MSNBC.
FRANCE— TV
“Another sign that the French are becoming aware, has to do with TV broadcasts—nationally broadcast TV show started talking about things like the elite using adrenochrome. The author Gérard Fauré has written about massive consumption of drugs (mainly cocaine), sexual abuse, rape, pedophilia, child molestation, child trafficking, murders, and assassinations by the elite. On TV Fauré claimed that several celebrities consume adrenochrome on a regular basis and named Celine Dion as a prime example. When Fauré mentioned the name of France’s President Emmanuel Macron, the TV interview was cut short.”
French Protesters are chanting “We beheaded King Lousi XVI, we can do it with Macron.”
There is no doubt another French revolution is underway.
Nostalgia…
Another recent news item of interest(from 2022):
JPMorgan doesn’t want CEO Jamie Dimon questioned under oath in Jeffrey Epstein case
“JPMorgan, along with Deutsche Bank, is being accused by Epstein’s accusers of aiding and abetting the banks in Epstein’s trafficking operation. The lawsuit is separate from the lawsuit filed by the US Virgin Islands.”
However, “Dimon is not a defendant in any case.”
— jpmorgan-doesnt-want-ceo-jamie-dimon-to-be-questioned-in-jeffrey-epstein-case
