The banking crisis continues unabated. Before we get to the meat of the topic, let’s go ahead and list the 15 banks being discussed in the video so you can quickly see if yours is named…
- Ally Financial
- Comerica
- KeyCorp
- Truist Financial Corporation
- Pacific Premier Bank Corp
- Sandy Spring Bancorp
- Popular Bank
- Zions Bancorporation
- Eastern Bankshares
- Bank of Hawaii
- Silvergate
- PacWest Bank
- Western Alliance Bancorp
- Homestreet Bank
- Citizens Financial Group
Now, the full article by Epic Economist…
America is about to see a cascade of bank failures, and the future of hundreds of regional banks is on the line right now. The collapse of Silicon Valley Bank, Signature Bank, Credit Suisse and First Republic marked the start of a reckoning in a sector that is being severely impacted by rising interest rates, souring loans, lower deposit rates, and falling profits in 2023. Many institutions have high exposure to risky assets, something that account holders will probably only find out after a major crisis erupts and they can no longer withdraw their funds.
Regional banks are particularly endangered due to the fact that the Federal Reserve’s aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities. Most bonds pay a fixed interest rate that becomes attractive when interest rates fall, driving up demand and the price of the bond. In contrast, if interest rates rise, investors will no longer prefer the lower fixed interest rate paid by a bond, thus driving down its price. No wonder why some institutions have lost more than 80% of their market capitalization this year.
For example, Pacific West Bank may be the fourth California bank to fall this year. According to Ed Moya, a senior market analyst at Oanda, the company’s terrible performance on financial markets is a major indicator of trouble. The bank recently revealed that outflows started to rise again, leading its shares to drop 22.7% in a single day, which further extended its recent declines.
PacWest’s shares have now fallen more than 50% this month and nearly 80% for the year. Adding assault to injury, the bank said in a securities filing that its deposits declined 9.5% in the last quarter. “PacWest is starting to look like the weakest link and some traders are wondering if they will fail or have a sale,” Moya revealed.
“Our calculations suggest these banks are certainly at a potential risk of a run, absent other government intervention or recapitalization,” economists with the Social Science Research Network wrote in a new report.
“The recent declines in bank asset values very significantly increased the fragility of the U.S. banking system to uninsured depositor runs,” they noted.
A run on these banks could pose a risk to even insured depositors − those with $250,000 or less in the bank − as the FDIC’s deposit insurance fund starts incurring losses. These institutions represent just a small share of the more than 200 banks that are vulnerable to the same type of risk that took down Silicon Valley Bank.
The potential impact of all of these institutions being at risk at the same time could be significant for the banking sector and the broader economy. If a small number of these banks were to fail, it could lead to a domino effect, causing other banks to fail as well. This could create a nationwide credit crunch, making it even more difficult for businesses and consumers to access credit and slowing economic growth.
The truth is that a single bank run on one of these vulnerable institutions could cause a ripple effect, leading depositors to withdraw funds from other banks as well. That would spark panic on financial markets and the public could lose confidence in the banking system as a whole, a scenario similar to what happened when the Great Depression started to unfold in the 1930s.
It seems that a financial crisis may erupt sooner than we all thought, and we are certainly no prepared to deal with its repercussions. And the companies listed in this video could be the next to break down all around us.
How to Prepare for Food Emergencies if You Don’t Have a Homestead or Bunker
In an unpredictable world, where supply chain disruptions, natural disasters, or economic instability can strike without warning, having a reliable food supply is more than just smart—it’s essential for survival. Whether you’re a “prepper” or not, we all know the golden rule: self-sufficiency is key. But what if you’re living in an apartment, working long hours, or simply don’t have the land to turn into a thriving homestead? Don’t worry; there’s a practical, effective way to build your food security without needing acres of soil or a fortified bunker.
The Ideal Prep: Building Your Own Food Empire
The ultimate dream for any serious prepper is controlling your own food production. Imagine waking up to a sprawling garden bursting with fresh vegetables, fruits, and herbs—tomatoes ripening on the vine, potatoes ready to harvest, and greens that provide nutrition year-round. Add in livestock like chickens for eggs and meat, and you’ve got a self-sustaining system that keeps your family fed no matter what chaos unfolds outside.
This approach isn’t just about calories; it’s about resilience. A well-maintained garden can yield hundreds of pounds of produce annually, while a small flock of chickens might produce dozens of eggs weekly. It’s empowering, cost-effective in the long run, and teaches invaluable skills like crop rotation, animal husbandry, and preservation techniques. If you have the space, time, and resources, starting small and scaling up is the best path to true independence.
The Reality Check: Not Everyone Can Homestead
But let’s face it—not all of us are in a position to go full homesteader. Urban dwellers might be limited to a balcony or community plot that’s far from sufficient for long-term needs. Busy professionals juggling jobs, families, and daily life often lack the hours required for daily tending. And for those in apartments, condos, or regions with harsh climates, raising livestock or maintaining a large garden simply isn’t feasible. Factors like zoning laws, soil quality, water access, or even physical limitations can make this ideal out of reach.
That’s where the frustration sets in. You want to be prepared, but without a homestead or bunker, how do you ensure your pantry doesn’t run dry during a prolonged crisis? The good news is, you don’t have to sacrifice your preparedness goals. There’s a smart, accessible alternative that bridges the gap: investing in high-quality, long-term storage food.
The Smart Alternative: Long-Term Storage Food from Heaven’s Harvest
Long-term storage food is designed for exactly these scenarios—providing nutrient-dense, shelf-stable meals that last for decades without refrigeration or special conditions. It’s the perfect solution for preppers who can’t rely on fresh production but still demand reliability and variety in their emergency stockpile.
At Heaven’s Harvest, they specialize in premium survival food kits that make preparedness effortless. Their products are crafted with the prepper mindset in mind: non-GMO, made in the USA, and packed with real ingredients that taste like home-cooked meals, not bland rations. Whether you’re stocking up for a short-term blackout or a long-haul SHTF event, our kits offer:
- Extended Shelf Life: Up to 25 years of storage, so you can buy once and forget about rotation worries.
- Nutritional Balance: High-protein entrees, fruits, vegetables, and dairy alternatives to keep your energy up and health intact.
- Ease of Preparation: Just add water, and you’ve got hearty meals like beef stroganoff, chili mac, or cheesy lasagna ready in minutes—no garden weeding required.
- Customizable Options: From individual buckets to family-sized kits, scale your supply to fit your needs and budget.
- Peace of Mind: Sealed in durable, waterproof containers that protect against pests, moisture, and light.
Unlike generic store-bought cans that spoil quickly or lack variety, Heaven’s Harvest focuses on quality and sustainability. Our food is freeze-dried or dehydrated to lock in flavor and nutrients, ensuring you’re not just surviving but thriving. And for those concerned about allergens or dietary preferences, we offer gluten-free and vegetarian options to keep everyone covered.
Why Wait? Secure Your Food Supply Today
Preparing for food emergencies doesn’t require a homestead or bunker—it requires action. By choosing long-term storage food from Heaven’s Harvest, you’re taking control in a way that fits your lifestyle. Start small with a 72-hour kit to test the waters, or go all-in with a year’s supply for ultimate security.
Visit Heaven’s Harvest today and use code “PATRIOT” for an exclusive discount on your order. Don’t let limitations hold you back; build your resilient future, one meal at a time. Your family will thank you when it matters most.
Worry not folks, this is all intentional.
i have fixed annuities, cd ‘s and mm spread out over three banks and credit unions. it’s a concern for me at the age of 75.
I know Hawaii people. They will not withdraw. There is no other place to put their money. Besides BOH is the largest bank there by a large margin and the only udder competitor is far behind and the rest are all manini banks all exposed to the same risk – isolation.