Posted on 11/03/2025 9:19:25 AM PST by Pete Dovgan
(The Economic Collapse Blog)—What is the Fed not telling us? The numbers clearly indicate that big trouble is brewing in the banking system. I wish that I could specifically tell you which banks are in the most trouble, but at this stage we simply aren’t being told anything. They probably figure that the best approach is to try to keep everyone as calm as possible. But they won’t be able to keep a lid on what is going on indefinitely, and when word finally gets out people could start to panic.
In recent weeks, bank reserves have fallen to alarmingly low levels.
In fact, last week they fell to the lowest level that we have seen in more than four years…
US bank reserves have crashed to a four-year low, plunging to about $2.8 trillion, according to the latest Federal Reserve data, sending fresh warning signals across Wall Street and Washington. The steep decline marks the second straight week reserves have stayed below $3 trillion, a critical threshold analysts say could test the banking system’s liquidity strength.
By itself, this doesn’t necessarily signal that we are facing a major crisis.
But everyone agrees that what we are witnessing is certainly unusual.........
(Excerpt) Read more at americafirstreport.com ...
$2.5 TRILLION.
Sorry, you are correct. $2.5 Trillion. Sometimes the numbers are so big I get the decimal point wrong!
https://www.ssa.gov/OACT/STATS/table4a1.html
Owen your negative 20th century throw back views are hard to take.
This proves what is good for the US worker is good for America as a whole.
Q: Is Larry Fink a dual citizen?
Grok:
“No, Larry Fink is not a dual citizen. He is a U.S. citizen, born in Los Angeles, California, on November 2, 1952, and raised in a Jewish family in Van Nuys. Reliable biographical sources, including Wikipedia and Wikidata, consistently describe his nationality as American with no mention of additional citizenships.
Claims suggesting he holds Israeli citizenship (and thus dual U.S.-Israeli citizenship) appear in speculative online articles, blogs, and social media posts, often framing it hypothetically or as rumor tied to his Jewish heritage and Israel’s Law of Return, which allows Jews to apply for citizenship. These sources use phrases like “potential ties,” “could influence,” or “his pursuit,” but provide no evidence, such as official records, statements from Fink, or confirmations from Israeli authorities.”
Proud Civilian Volunteer in the Israeli Defense Forces and the U.S. Air Force checking in!
Like conservative Republican Congressman Brian Mast of Florida, a veteran and double amputee due to his service (EOD), I have legally volunteered for both militaries, in a civilian capacity in my case for the US. Mast was, of course, a fully enlisted Staff Sergeant who received a Bronze Star and Purple Heart for his service in Afghanistan, and a civilian volunteer like me in the Israeli Defense Forces’ Sar-El unit.
https://en.wikipedia.org/wiki/Brian_Mast
In the U.S. Air Force, I was a Senior Member of Civil Air Patrol, Fargo “Happy Hooligans” squadron, approximately 2002 - 2007.
https://www.gocivilairpatrol.com/
Similarly, after hamas’ October 7th, 2023 war-crimes-only attack on Israel, I volunteered for the IDF through their Sar-El organization, found here:
Volunteering in Sar-El is great. I wrote up Situation Reports for my deployments, which can be found here:
https://freerepublic.com/tag/unclemiltieadventure/index
I appreciate Nitzy continuously pointing out my volunteer service to our great ally Israel in defense of Western Civilization. I consider it an excellent recruiting opportunity, as at least three other FReepers have similarly volunteered, having seen my reports.
Thanks again, Nitzy!
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