While you are sleeping, while driving the kids to school and home from soccer practice, while trying to relax after a long day of work and every task at hand the rich and temporarily seemingly powerful that are connected to financial institutions, money markets, trading of stocks, bonds, commodities and in the banking world have been busily amassing trillions of dollars in bad debt, shadow money, false economies while they amass obscene amounts of money for themselves.

The world’s economy is akin to a Hollywood backlot movie set. From the street level, it appears real and substantive. Open any door and become aware of it all being false fronts. Pretend. Flimsy. Add a few smoke machines, a lot of mirrors, and a lot of double-speak and have all the media parrots and governments quaking in fear of reality and the truth propping it all up, and whala! You have the world economy circa 2023. Even more of a disaster waiting to happen than the Great Worldwide Depression of the 1930s and into the 1940s — only brought out of it by World War II and the resulting deaths of approximately 70,000,000, to 85,000,000 plus all the resulting damage to where the conflicts were played out.

While you are sleeping…while you’re awake…there is a small group of men and women, who meet in Davos. Switzerland every year, they get in their private jets and migrate like the demons and servants of hell they are in various places around the world. Playing their games with the lives of every person on earth. Mishandling every economy, the materialistic things of this world due to the  massive never-satiated greed within them, the growing fear within them, and the growing evil within them

You think it’s rough now? Difficult? You think getting through COVID-19 was the worse thing ever? You ain’t seen nuthin’ yet folks…you haven’t seen anything really yet. And if the Good Lord blesses you with breath, a beating heart, and the days of life long enough you will come to see, come to know.

Tragically for the majority.

But the remnant ought to not fear and grow closer to the Lord and glorify the Lord more each day.

For this, all is leading to the fulfillment of every word, every jot and tittle, every prophecy within the Holy Bible, and the return of the Lord and Saviour Jesus Christ.

You think that what occurs in world economies has no direct bearing on Biblical prophecy and the fulfillment of every word within the Word? What is taking place now is leading to the demise of all small and mid-size banking institutions and the creation of only a handful of massive mega banks and financial institutions the likes of which the world has never seen. Welding so much wealth and power no government can override or control them. And easily all tied together into a singular monetary system, a highly technological system knowing everything about everyone. Always.

And knowing those who have had the name of the antichrist branded into their flesh, and those who have refused to do so, keeping the latter, the true believers of the Lord from being able to buy, sell, eat, drink, and live.

The greatest matter at hand is not the collapse of banks and world economies and the physical, financial, and emotional tribulation those will bring about — but the greatest matter at hand is where do you personally stand or fall before the One True God?  Are you truly renewed of mind and spirit, transformed by the supernatural power of the Spirit of God by your confession of sin, repentance, baptism, and salvation afforded only by individual faith in and obedience to the Lord Jesus Christ?

Because you can have all the money of an Elon Musk, a Bill Gates, you can have a garage full of Lamborghini’s, rare artworks, half the gold and jewels the world holds and unless you know the Lord, really know the Lord and are one of His, repentant, regenerated of heart and mind from within — changed by the Holy Spirit and saved?

Nothing else matters.

Not even 10,000 bank failures compared. Or losing every cent.

Better to lose everything here than to burn in hell for eternity due to unbelief, refusing to submit, to humble oneself, to BELIEVE, to OBEY, and to FOLLOW the Lord Jesus Christ.

Because, well, eternity is a long, long, really long time.

And there are only two places any spirit, any soul will reside for eternity.

Heaven with God. Jesus, the Holy Spirit, and all the prophets, apostles, heavenly hosts, and those who believed. They may have been the poorest, the dregs, the shunned and trampled upon while on earth, but they will be residing in heaven for their faith and obedience to God and His whole Word not adding or omitting anything…

…or…

Hell. And it is a real place friends. Contrary to what Jorge Mario Bergoglio says, or anyone else may think or say.

Banks? Bank failures? Bank on a failure of faith, a failure of belief, a failure of knowing and abiding in, and obeying the Word of God to be the greatest of failures for anyone on earth. No matter their status, material wealth position, education, where they live — what have you.

Ken Pullen, A CROOKED PATH, Monday, March 20th, 2023

186 More Banks “Are At Risk Of Failure”, And That Could Push Us Into The Next Great Depression

March 19, 2023

By Michael Snyder

Reprinted from The Economic Collapse & Prophecy News Watch

They are desperately trying to plug one leak in the system after another, but what happens if the entire system suddenly comes crashing down all around them?  Back on January 4th, I specifically warned that our problems would “greatly accelerate over the next 12 months”, and that is precisely what has happened.  We are now in the midst of the most severe banking crisis since 2008, and it could soon get a whole lot worse.  We have already witnessed the second and third largest bank failures in the entire history of our nation, and now it is being reported that 186 more banks “are at risk of failure”…

On the heels of Silicon Valley Bank’s collapse earlier this month, 186 more banks are at risk of failure even if only half of their depositors decide to withdraw their funds, a new study has found.

That is because the Federal Reserve’s aggressive interest rate hikes to tamp down inflation have eroded the value of bank assets such as government bonds and mortgage-backed securities.

“The recent declines in bank asset values very significantly increased the fragility of the U.S. banking system to uninsured depositor runs,” economists wrote in a recent paper published on the Social Science Research Network.

Needless to say, these banks realize that they are in jeopardy, and a coalition of mid-size banks is literally begging federal regulators to cover all uninsured deposits for at least the next two years…

A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.

“Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the Mid-Size Bank Coalition of America said in a letter to regulators seen by Bloomberg News.

If federal regulators don’t do this, vast amounts of money will continue to be transferred from small and mid-size banks to the “too big to fail” banks.

But I’ll tell you why such a move is not likely to happen right now.

If every bank account in America is suddenly fully guaranteed by the federal government, there will be a giant sucking sound as wealthy individuals pull their money out of European banks where large balances are not fully insured.

The European banking system is already teetering on the brink of collapse.  In fact, we just learned that UBS has just agreed to an emergency purchase of Credit Suisse…

Switzerland’s biggest bank, UBS, has agreed to buy its ailing rival Credit Suisse in an emergency rescue deal aimed at stemming financial market panic unleashed by the failure of two American banks earlier this month.

“UBS today announced the takeover of Credit Suisse,” the Swiss National Bank said in a statement. It said the rescue would “secure financial stability and protect the Swiss economy.”

UBS is paying 3 billion Swiss francs ($3.25 billion) for Credit Suisse, about 60% less than the bank was worth when markets closed on Friday. Credit Suisse shareholders will be largely wiped out, receiving the equivalent of just 0.76 Swiss francs in UBS shares for stock that was worth 1.86 Swiss francs on Friday.

So to protect foreign banks, small and mid-size banks in the U.S. will be allowed to fail.

But if large numbers of small and mid-size banks start failing, this country will rapidly plunge into an economic nightmare.

On Saturday, Zero Hedge posted one of the greatest tweets that I have seen in a long time…

I couldn’t have said it any better myself.

Our economy runs on mortgages, auto loans, credit cards and debit cards.

If a bank gets into trouble, the flow of credit from that bank is restricted.

And if a bank fails, the flow of credit from that bank completely stops.

If lots of banks start going under in this country, economic activity will shrink substantially and we really will be facing “another great depression”.

At this point, conditions are so dire that Warren Buffett is getting personally involved…

Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds.

There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil.

It appears that far more is going on behind the scenes than we are being told.

Interestingly, lots of private jets were flying in and out of Omaha on Friday…

The Private Jets arrived in Omaha in multiple groups. Sometimes landing at almost the same exact time.

Did Buffett schedule some meetings with different groups of CEOs every hour?

Number of Jets arriving:
5 ~10am (est)
3 ~2pm
5 ~3:30pm
5 ~5pm
6 ~6:15pm
3 ~7:30pm

Hopefully a way can be found to stabilize the banking system, because economic conditions are certainly bad enough already.

Earlier today, I was surprised to learn that Disney is getting ready to conduct a second round of layoffs…

After announcing a plan to slash nearly 7,000 jobs, Disney is reportedly instructing managers to propose budget cuts and put together lists of employees to be laid off in the coming weeks.

It is unclear whether Disney will begin layoffs in small waves or cut thousands of employees all at once, but the company will announce at least 4,000 current employees will be out of work sometime in April, according to Business Insider.

All over America, large companies are letting workers go.

But even though a significant economic downturn has already obviously begun, we are being told that the Federal Reserve is likely to raise interest rates yet again this week…

The Federal Reserve will kick off its meeting with trading expected to be light heading into a decision on interest rates Wednesday.

Despite the market tumult, 62% of investors expect the policymakers to continue hiking rates, which would mark the ninth straight increase. Thirty-eight percent expect no change, according to CME’s FedWatch.

After everything that has transpired over the past couple of weeks, it would literally be suicidal to raise rates again.

But they just might do it anyway.

So many of the things that I have been relentlessly warning about are now starting to transpire right in front of our eyes.

A great financial meltdown has begun, and our leaders seem very unsure about how to handle it.

Unfortunately for them, what we have gone through so far is just the tip of the iceberg.