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BUCKLE UP: Lawmakers Ask Banks To Run Special Wartime Test, What Do They Know That We Don’t?
100 Percent Fed Up ^ | Dec 15, 2023 | Vince Quill

Posted on 12/16/2023 4:36:16 PM PST by E. Pluribus Unum

Are we headed toward a war with China? Recent developments seem to suggest that things are heading in that direction.

Congressional lawmakers are now pressing the Federal Reserve to ‘stress tests’ banks for the ensuing fallout from a potential war with the Chinese Communist Party.

Aside from the fact that this indicates Washington D.C. is anticipating conflict, it also calls into question the current health of our banking sector overall.

It’s no secret that banks have been failing left and right, while both consumer and national debt have skyrocketed to unsustainable levels.

Consumer spending is down in several key areas, while the Federal Reserve has indicated that it plans to slash interest rates at least three times next year, both are signs that a looming recession is imminent.

Advertisement These current reports are all concerning, to say the least, and while they are not definite proof of something big happening soon and a broader collapse ensuing, they do paint a grim outlook for 2024 and beyond.

The Select Committee on the Chinese Communist Party announced on Tuesday: “Fed should stress test US banks for China war risk ‘The U.S. now has a choice: accept Beijing’s vision of America as its economic vassal or stand up for our security, values, and prosperity,’ the Select Committee’s bipartisan report concluded.”


(Excerpt) Read more at 100percentfedup.com ...


TOPICS: Business/Economy; Crime/Corruption; Government; Politics/Elections
KEYWORDS: bankingsector; banks; bankstresstest; china; fed
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1 posted on 12/16/2023 4:36:16 PM PST by E. Pluribus Unum
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To: E. Pluribus Unum

A more than fair test.


2 posted on 12/16/2023 4:39:25 PM PST by Paladin2
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To: E. Pluribus Unum

I think Britain’s possible commitment in the Ukraine is leading to a world war.


3 posted on 12/16/2023 4:41:08 PM PST by Jonty30 (In a nuclear holocaust, there is always a point in time where the meat is cooked to perfection. )
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To: E. Pluribus Unum

The Chinese central bank might refuse to accept dollars, which would put Chinese exports out of reach of most Americans.

Imagine Walmarts that are denuded of Chinese stuff.


4 posted on 12/16/2023 4:41:50 PM PST by Brian Griffin
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To: E. Pluribus Unum

I think 2024 will be an awful year. I think they want to cancel the November election — which is an unthinkable idea. I mean, WWII didn’t cancel any elections. So what they have planned for 2024 is going to be pretty bad.


5 posted on 12/16/2023 4:41:58 PM PST by ClearCase_guy
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To: E. Pluribus Unum

China committed war on us when they killed Americans wi5h covid with the deep states help.


6 posted on 12/16/2023 4:43:44 PM PST by cowboyusa (YESHUA IS KING OF AMERICA! DEATH TO MARXISM AND LEFTISM! AMERICA, COWBOY UP!)
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To: Jonty30

“Britain”

An ‘ant’ with a nuclear arsenal is fairly free to give Putin a hard time.


7 posted on 12/16/2023 4:44:08 PM PST by Brian Griffin
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To: E. Pluribus Unum; Jonty30
(BUCKLE UP: Lawmakers Ask Banks To Run Special Wartime Test, What Do They Know That We Don’t?)


8 posted on 12/16/2023 4:44:28 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: Brian Griffin

Worse yet, most of our medicines/antibiotics come from China. Our Elites are so very smart.


9 posted on 12/16/2023 4:44:46 PM PST by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell)
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To: ClearCase_guy

(I think 2024 will be an awful year)

Could very well be.

I’m modifying it to BidenDepression 2024.

There’s no way citizens can absorb so much Democrat Bidenflation.


10 posted on 12/16/2023 4:46:24 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: E. Pluribus Unum

Biden has been taunting Russia for some time trying to start WWIII - now it’s China???? What’s with this guy????


11 posted on 12/16/2023 4:46:24 PM PST by elpadre
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To: E. Pluribus Unum

“The Select Committee on the Chinese Communist Party is committed to working on a bipartisan basis to build consensus on the threat posed by the Chinese Communist Party and develop a plan of action to defend the American people, our economy, and our values.”

https://selectcommitteeontheccp.house.gov/about-committee

CCP CCCP

“It’s always something.”


12 posted on 12/16/2023 4:47:39 PM PST by Brian Griffin
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To: elpadre

The global economic pyramid scheme is heading for collapse.’

The globalist cabal that runs the world wants to be in control of the collapse so they can “build back better” after most of us are dead.


13 posted on 12/16/2023 4:48:24 PM PST by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████████ █ ███████ ████. FJB.)
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To: Chgogal

The mind of Xi is what matters.

He gets to make the everyday choices for the Chinese national government.

To invade Taiwan might require central committee approval.


14 posted on 12/16/2023 4:50:34 PM PST by Brian Griffin
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To: E. Pluribus Unum

Us... They are about to declare martial law and go to war with us the people.


15 posted on 12/16/2023 4:52:56 PM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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To: elpadre

“Biden has been taunting Russia for some time trying to start WWIII - now it’s China???? What’s with this guy????”

Biden is hoping to hurt Russian ‘bear’ so Chinese ‘tiger’ behaves.

Putin is not likely to lose power so Putin will avoid a direct fight with the US, hopefully.


16 posted on 12/16/2023 4:55:52 PM PST by Brian Griffin
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To: E. Pluribus Unum
Sorry, reads like click bait but agree with the China globalistic conundrum the US created since the 1980s.
Federal Reserve engages in stress capital buffers with banks all the time. Doesn't mean we are going to war, lol.
17 posted on 12/16/2023 4:56:13 PM PST by rollo tomasi
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To: E. Pluribus Unum

“The global economic pyramid scheme is heading for collapse.’”

That is correct. Masses of people are oblivious because they don’t know arithmetic.


18 posted on 12/16/2023 4:56:29 PM PST by Migraine
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To: E. Pluribus Unum

Xiden is Xi’s slave.


19 posted on 12/16/2023 4:57:17 PM PST by cowboyusa (YESHUA IS KING OF AMERICA! DEATH TO MARXISM AND LEFTISM! AMERICA, COWBOY UP!)
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To: Chgogal

https://www.statista.com/chart/27709/distribution-of-global-antibiotics-export-value-by-country/

The page has interesting links too.


20 posted on 12/16/2023 5:00:42 PM PST by Brian Griffin
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