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Podcasts/Simon Dixon Hard Talk/πŸ‡ΊπŸ‡Έ Will 63 US Zombie Banks Cause a Bank Run? (Ep. 34)
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Simon Dixon Hard Talk

πŸ‡ΊπŸ‡Έ Will 63 US Zombie Banks Cause a Bank Run? (Ep. 34)

June 7, 2024
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Show Notes

This week I’ll give a crucial update regarding the state of US banks, something I've been closely monitoring and broadcasting about for some time now. The Federal Deposit & Insurance Corporation (FDIC) has recently confirmed what I've been warning my viewers about for months. As of this quarter, there are staggering $517 billion in unrealized losses weighing down US bank balance sheets. While my initial projections hovered around $600 million, the result is the same. Furthermore, the FDIC's report highlights that 63 US banks are on the edge of insolvency, after what I called the 2023 US Bank Run Crisis. Join me LIVE now over on my YouTube channel at 6pm BST / 1pm EDT / 10am PDT for BitcoinHardTalk Episode #34 - πŸ‡ΊπŸ‡Έ 63 US banks insolvent 😱 where we'll delve deeper into this pressing issue and explore strategies for navigating the current financial landscape. I'll tell you what you need to know on BitcoinHardTalk Episode #34, as well as the latest in this week's Bitcoin, Macro & Geo-Political news. I’ll cover: πŸ‘‰ Update on this weeks Macro, Geo-Political & Bitcoin News to prepare you for a Bitcoin & CBDC world; πŸ‘‰ The impact of 63 US banks being insolvent and how it could impact Bitcoin, Macro & global geopolitics; πŸ‘‰ How you can build & protect your wealth in a Bitcoin and a CBDC world with insolvent banks. #USBankingCrisis #FDICreport #BankingUpdate #FinancialNews #USBankInsolvency #BitcoinHardTalk #BitcoinNews #MacroEconomics #GeoPoliticalAnalysis #FinancialStrategy #CBDCworld #InsolventBanks #financialupdates 00:00 Introduction & Overview 05:13 Unveiling the $517 Billion Loss: FDIC Report 15:46 Geopolitical Ramifications & Bitcoin's Role 25:31 Building & Protecting Wealth in a Turbulent Economy 35:16 Conclusion & Looking Ahead 40:01 Get Involved & Stay Informed 41:01 AI Disclaimer πŸš€ Help me grow this channel by liking this video, sharing your thoughts in the comments, and if you haven't subscribed yet, please do so now. Your support means the world to me, and together, we can make a real impact. Thank you for being part of this journey! πŸ™ Follow me on 𝕏: https://twitter.com/SimonDixonTwitt Like and Follow my Page on Facebook: https://www.facebook.com/SimonDixonBTC Follow me on LinkedIn: https://www.linkedin.com/in/simondixon21/ Nothing in this content should be treated as tax, legal, investment or financial advice. Full details here. https://www.simondixon.com/disclaimer Looking to schedule an interview? Simply reach out to me via this link: https://www.simondixon.com/contact.