Is this the beginning of the final stage of the collapse of the world’s monetary system?
By Graham Bridger
The collapse of Silicon Valley Bank (SVB) in the US shocked most people since it was listed as the 17th biggest bank in the world with assets of $729 billion.
It was bad enough that SVB’s fall ranked as the second-largest bank collapse in US history, but it was rapidly followed by the collapse of two other US banks, Signature and Silvergate.
But when the announcement came of the impending collapse of Credit Suisse, one of Europe’s largest banks, regarded as a “systemically important financial institution” (SIFI), and therefore considered “too big to fail”, investors’ concerns reached boiling point.
A thoroughly corrupt money system has grown into something far more sinister since the 2008 crisis
However, within a matter of hours, the government and Central Bank intervened and Credit Suisse was taken over by UBS Bank, another giant, for the knockdown price of £2.6bn. According to The Daily Telegraph, the 167-year-old lender was valued at more than £65bn at its peak. But this purchase took place behind closed doors without the shareholders of UBS even having been consulted.
Unsurprisingly, financial commentators, who have been discussing the near certainty of a complete collapse of the entire world’s monetary system since the Global Debt Crisis of 2008, began to speak of impending doom. It was, after all, Gordon Brown, then Prime Minister of the UK, who stated that the entire system had come to within one hour of its complete demise. Had it done so, we would all be living in a very different world today.
The problem is that most people have no idea what that would mean in reality and probably wouldn’t want to know. But in the case of the Global Crisis of 2008, events were caused by pure fraud involving the sub-prime mortgage market; many pundits consider this was completely avoidable had the offending banks been allowed to fail. There would, in their opinion, have been no systemic crisis as predicted by the money men who effectively blackmailed Congress into a massive bail-out using taxpayers’ money.
Have we finally arrived at the point where we might see a complete meltdown of the entire banking system?
After all, little has changed in the cavalier attitude of bankers towards the ever-increasing, eye-watering levels of debt – now estimated to be about $226 trillion according to the IMF Blog.
If such a meltdown were to occur, millions of people would be likely to see their entire savings and investments disappear in a puff of smoke. None of us really knows yet, because of the multi-complexity of a thoroughly corrupt money system which has grown into something far more sinister since the 2008 crisis.
Silicon Valley Bank was involved with the Big Tech industry, hence its name. Its billionaire customers, far shrewder than ordinary investors, saw the rapidly rising interest rates and knew exactly when to pull their money out.
They knew that the SVB could not possibly prevent a run on its deposits when the bank had previously made investments into 30-year treasuries with the vast amounts of cash that had previously flooded in during the low-interest period of the last 14 years. When interest rates rose, the value of these so-called safe securities would – and did – fall.
But then Signature and Silvergate Banks failed. Known as the two main Crypto Banks, they would have held huge deposits of Crypto Currency exchange funds.
Millions of people would see their entire savings and investments disappear in a puff of smoke
Here we must resort to conjecture because there are so many factors at play that have worldwide implications.
History recorded that between 1986 – 1995, the Savings and Loan crisis in the US saw the collapse of 1,043 out of 3,234 community-based banks (savings and loan associations, dealing in mortgages and savings). The cause was stagflation – high inflation, triggered by an energy crisis and a decline in growth.
The crisis cost $160 billion; taxpayers paid $132 billion, and the S&L industry paid the rest.
Many believe that the biggest banks made a killing during this crisis and that something similar is at play now. After all, it seems that the thousands of smaller US banks that remain could yet hit the wall with a great transfer of money into the hands of the giant, systemically important banks.
So, what is so sinister now? Today, three highly significant issues affect the global economy.
- The World Health Organisation (WHO) is very close to taking over all sovereign governments’ decision making with a revised treaty which would enable them to call a pandemic for any number of obscure reasons.
- The world’s Central Banks are on the verge of introducing a new world money system called Central Bank Digital Currencies (CBDCs). The General Manager of the Bank of International Settlements (BIS), Agustín Carstens, has stated that Central Banks will soon implement and enforce a new digital currency system. CBDCs will enable Central Banks to take complete control of all personal spending. Our own Prime Minister, Rishi Sunak, is currently promoting a new Digital Pound with the aim of making the UK a world leader in digital currency.
- Crypto currencies, which can be privately traded without central bank control, have “lost the battle” against Central Bank fiat currency after last year’s crypto turmoil, according to Agustín Carstens. Thus the Central Banks’ control has been tightened. CBDCs will, in effect, be the end of freedom, as many understand it.
Indeed, the US government has “declared war” on crypto currency, according to Mike Adams of Natural News. “It is actively filing lawsuits against crypto influencers, releasing white papers to discredit crypto, and working behind the scenes to annihilate private crypto that the feds don’t control. The goal is to end it all, and replace it with a Central Bank Digital Currency (CBDC) that would spell the end of human freedom.”
Freedom will have been forfeited
Meanwhile, the idea of using a Digital ID linked with such a system is gaining traction all over the world.
The public at large remains unaware of what is going on, but a combination of the three events will enable the final piece of the great Satanic plan (the World Economic Forum’s Great Reset, previously featured in this paper) to fall into place and bring with it a fully authoritarian control system designed to enslave the population of the world. Freedom will have been forfeited by people who failed to see this gigantic authoritarian regime emerging.
This, of course, is nothing less than the system prophesied in the Bible in the books of 2 Thessalonians and Revelation over 2,000 years ago by Paul and John – who took his instructions straight from the spirit of Jesus. In Revelation 13 Jesus told John to write that a time was coming when people would no longer be able to buy and sell without the “mark of the beast”.
This mark, either received on the right hand or the forehead, would show allegiance to the wicked power system that emerged.
We have reached a point where people need to get serious and make a vitally important choice. Either they believe and receive the words of Jesus Christ or they continue to put their trust in man.
Graham Bridger’s background in banking, fund management and financial strategic planning led him to begin researching the root causes of the 2008 global financial debt crisis. In his 2018 book, ‘Converging Signs and Rejection of Truth – Are we Ready for the Return of Jesus Christ?’ he considers how current world events are in line with Bible prophecy, with the need to prepare for the Messiah’s return. His books are available from his website, Illusion2Reality.com.