Interest in the U.S. banking crisis has increased significantly over the past two weeks, as evidenced by Google Trends. The number of searches related to such search terms as "banking crisis," "bank collapse" and "bank failure" has skyrocketed. On March 13, 2023, the search term "banking crisis" reached the 100-point mark on Google Trends. Relevant topics include Silicon Valley Bank, Signature Bank and First Republic Bank's financial problems.People are asking Google various related questions, including "What happens to my money if the banks collapse?", "What are the negative consequences of the banking crisis?" and "Which U.S. banks have collapsed?"
The surge in public interest is due to the collapse of three banks: Silvergate Bank, Signature Bank and Silicon Valley Bank. Two of the three banks are among the second- and third-largest bank failures in U.S. history, following the collapse of Washington Mutual (Wamu) in 2008. People have also expressed concern about other banks, including Pacwest Bancorp, First Republic Bank and Swiss banking giant Credit Suisse.
While much of the interest comes from inquiries in the United States, there is also strong interest from countries such as Zimbabwe, Canada, China, Egypt, New Zealand and Singapore. The last time searches for these terms peaked was during the Great Recession in 2008, specifically in June, July, August, September and October.
Banking-related terms such as "deposits," "insured deposits," "uninsured deposits," "bank management," "FDIC," "bailout," "catapult," "Federal Reserve," "Fed," "interest rates," "interest rate increases" and "rate hikes" also trended up over the past two weeks.
Thus, the perfect conditions are now in place for a massive bank crash, not just in the U.S. And if the financial authorities are hatching plans to create a great banking conflagration unlike any other in human history, the moment has arrived. All you have to do is put the match in the right place. If we see one or two major banks fail in the coming weeks, we could see a domino effect that would bring total collapse of the global banking system, leaving a billion people without a livelihood.
Apparently, however, governments are not ready for such a collapse right now, and the Fed has urgently printed over $300 billion in unsecured money.
Meanwhile, the banking and financial elite are trying to assess how real a global banking crisis is now. Hedge fund manager Michael Barry, famous for predicting the economic crisis of 2008, compares the current crisis to the panic of 1907.
Former U.S. House of Representatives member and Signature Bank board member Barney Frank said he suspected that regulators intended to send the public an "anti-crypto message" in connection with the recent collapse of his bank. But as a result, the shards of the collapsed bank have hit other big banks whose liquidity has faltered.
The flooding of dead banks with liquidity out of thin air has also begun in Europe. The Swiss National Bank "backed up" the declining Credit Suisse with $54 billion. In every country of the European Union central banks secretly transfer huge resources to support national banks. By the end of March, the amount of "fake money" injected into the dying banks of the U.S. and the EU will exceed a trillion dollars.
Robert Kiyosaki warns of an "impending crash landing" as the Fed has taken bailout measures by printing "fake money" and pouring it into the "sick" economy. Kiyosaki advises buying more bitcoins as well as gold and silver, anticipating the end of the banking system. This counterfeit money now being saved by bankrupt banks will lead to a collapse in inflation and people will simply have nowhere to run but the bitcoin and gold market.