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Monday, May 13, 2024

American Bank Failures | Habakkuk 2:9

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  • Habakkuk 2:9 | Woe to him that coveteth an evil covetousness to his house, that he may set his nest on high, that he may be delivered from the power of evil!

Thick clary = debt

  • Obadiah 1:4 | Though thou exalt thyself as the eagle, and though thou set thy nest among the stars, thence will I bring thee down, saith the LORD.
  • 2 Esdras 11:42 | 45And therefore appear no more, thou eagle, nor thy horrible wings, nor thy wicked feathers nor thy malicious heads, nor thy hurtful claws, nor all thy vain body:

The eagle being symbolic of the Edomites.

ARTICLE: Who Are The Edomites Today?

First Republic Bank (whose logo is the eagle) collapsed last week, on the heels of the Silicon Valley Bank collapse last month…expect more to come as foreigners continue to take their deposits and investments back from the United States and settle trades using their own currencies.

ARTICLE: Russia and China increase trade settlements in local currencies, reducing US Dollar reliance

Enough customers withdrawing money from the bank, causing the bank to collapse, shows what a “ponzi” scheme the United States banking system is.

“A bank run or run on the bank occurs when many clients withdraw their money from a bank, because they believe the bank may fail in the near future. In other words, it is when, in a fractional-reserve banking system (where banks normally only keep a small proportion of their assets as cash), numerous customers withdraw cash from deposit accounts with a financial institution at the same time because they believe that the financial institution is, or might become, insolvent.”

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