Heresy Financial and Sean Foo 4-28-2023
The Second Wave of Bank Failures
Heresy Financial: 4-27-2023
The second wave of bank failures may have just begun. First Republic Bank shares have hit a new low after plunging almost 95% from their previous levels, with analysts telling investors they recommend selling their shares.
Meanwhile, a credit crunch is slowly starting as it rolls through the country. And finally, banks across America are at risk due to the commercial real estate crisis, with offices all over the country half empty.
Anyone invested or exposed to commercial real estate, even pensions is in trouble, as you might expect.
This means depositors continue to flee banks they perceive to be at elevated risk, moving into higher-yielding instruments instead.
Timecodes
0:00 Important Message
0:36 Introduction
1:29 First Republic Bank shares hit a New Low
3:35 Why Depositors are Fleeing Banks
6:22 Credit Crunch and Commercial Real Estate Crisis
BREAKING: America’s Shocking Plan For Russia Just Crumbled
Sean Foo: 4-28-2023
The United States' push for a total export ban is being resisted by the rest of the G7!
Japan and the EU are opposing this sweeping embargo because it won't just destroy their revenue streams, Russia could counter this by cutting off their energy supply!
We are seeing a bigger split in the world as more countries are flocking to BRICS to join an economic bloc to sanction-proof themselves. Here's what you must know!
Timestamps & Chapters:
0:00 America's Big Plan
1:49 Europe & Japan Says No!
4:18 Japan Needs Russian Oil
7:34 Europe's Heavy Dependence
10:59 BRICS Plus Will Grow
14:04 Have We Reached Peak Sanctions?