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Date Posted: 8:27:08 3/15/23 Wed
Author: Jasper
Subject: Tick, tick, tick.. so goes the Days or our Lives.

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I went through the exercise of showing that the FDIC was empowered by law to borrow $100 billion to shore up bank deposits. The fact that the powers that be are not using this lawful facility but have in fact, bet the farm on a vague and chimerical creature in the body known as the ESF should tell you just how much danger that not just the US, but the world financial system is in.

Peter Conti-Brown, associate professor at the University of Pennsylvania’s Wharton School was quoted yesterday as saying:

…’The Fed’s emergency lending program is “an admission not only of systemic risk but that the risks are so unusual and exigent that failure to invoke this liquidity could create a financial crisis,”’…(Bloomberg via Yahoo)

So if you didn’t know, now you know. We are up SHTF Creek without a paddle. We do not know the true genesis of the nature of the funding that is emanating from the ESF. Is it American? If it is not American to whom would we owe our survival to? China? Klaus Schwab? To whom would we owe the country to?

The Federal Reserve is involved because the amount that will be needed is in the Trillions, far above the $100 billion approved for by law for bailouts…

https://www.encouragingangels.org/new-blog/2023/3/13/ga604vh7vktr2efohgwv1tl9ow13hr

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