Prepare for the Great Taking! Upcoming Event Will Rock 401Ks, Freeze Cash Withdraws, Usher In CBDC

Surviving End Times
June 7, 2024
Prepare for the Great Taking! Upcoming Event Will Rock 401Ks, Freeze Cash Withdraws, Usher In CBDC
https://www.youtube.com/watch?v=w_kMFsfFfmQ
- In the Offing, there is an event coming that will Rock the US Banking System. One day soon, people will be faced with the reality of not being able to get any cash out the banks or ATMs. This will all be done by design. And in the process, they will roll out a CBDC To the Rescue. Get Ready!

In another stark example of the economic mismanagement under the Biden regime, a new report from the Federal Deposit Insurance Corporation (FDIC) reveals a staggering $517 billion in unrealized losses within the US banking system, The Daily Hodl first reported.

This alarming figure, largely due to exposure to the residential real estate market, is a clear indication of the damaging effects of Biden’s failed policies.

The FDIC’s Quarterly Banking Profile report paints a grim picture of the current state of our nation’s financial institutions. Banks are now burdened with more than half a trillion dollars in paper losses on their balance sheets.

Although banks can hold securities until they mature without marking them to market on their balance sheets, these unrealized losses can become an extreme liability when banks need liquidity, per the Daily Hodl. #breaking #news #GreatTaking #Money #Cash #Banks