So First Republic Bank is indeed trouble. The shares are dropping like a stone and I'm calling it right now. Stay there. Freak away from this bank.

It's headed to Fdac receivership. That's game over. There's no way this bank is getting out of this. And let me explain why in a second look.

the Federal Reserve just came out today saying that Silicon Valley Bank was a hundred percent the fault of the management of that bank. and at the same time, the main GD is playing along and kind of depicting this whole thing as an incident and is isolated into that. First Republic is another isolated incident and then chain of many isolated incidents. and there's no real banking crisis in the US.

Now I'm here to tell you as somebody with No Agenda I'm not trying to sell nothing I'm not on Main Street Media no less about what they say: I work for over 10 years in the financial sector as a senior financial analyst. I've seen how these things play out and I've seen mainstream media play along with this. So if you want to speculate on a Chinese IPO you've got my blessing to bet on deity. I would try get as many shares as you can d-i-d-i for 10 seconds saying that it will finally drop its U.S Listing much much later I mean I can't recommend up the buying stocks.

In a communist regime, you're being played and I'm gonna actually tell you how things are because you know I don't care. Things are very simple. Right now. the feathers are basically the entire banking system and now they're blaming the management of Svb.

Now of course, the management of Svb is at fault. They absolutely were. Reckless careless, absolutely idiotic, no risk management, absolutely bone-headed decisions. And that's why they went first.

But I would say that it's a 50 fault of the FED of what happened. because Svb is not alone in this. Signature Bank is not alone. First Republic is not alone.

The Federal Reserve caused this and the banks to fall first. Where the banks or the management was abysmal. of course, Svb management was abysmal, but absolving yourself from responsibility is absolutely crazy. The photos are built in an investigation, investigating itself and saying that they did nothing wrong.

And it was all the management surprise surprise and the amazing videos playing along with this nonsense as always. Now look here's what's actually happening. Here's what happened and here's how these things plays forward going forward. Look, it's very simple: Silicon Valley Bank Signature Bank First Rubber band.

They're all in the same situation if you look at the balance sheet. First Republic Bank Lost over 40 percent of their deposits in the single quarter in 2023 and I'm sure they're not alone. They're not the only Bank to suffer that fate. Many other Regional banks have suffered similar Fates because of the FED because the FED spiked interest from zero to five in a single year because the FED didn't do it slowly like they should have when they were paying the transitory game, it in the end, it will be transitory 336 minutes later.

I Think it's it's probably a good time to retire that that word and try to explain more clearly what we mean. Oh, not a problem when they could have slowly risen the interest. but they did it all at once in a single year. And by doing that, they caused two things that collapsed the regional banking system and now it's being held on life support with the FED basically praying for some sort of a miracle.

Look, what they did by spiking the interest rates up to five percent in the single year is two things. Number one: they made money market accounts much more attractive. You can get four or five percent right now by basically having the same risk profile, putting your money in treasuries instead of half a percent in a savings account. Jesus Christ Who wouldn't do that? So all this money is coming out of the banks to money market accounts because the FED raised the interest rates at the same time.

The FED went to the banks in March 2020 and told them hey, you don't have to hold any reserves to cover the cash deposits you have. so people deposit money. They used to have a 10 deposit threshold. basically the bank had to hold at least 10 cents on the dollar per deposit, but the FED said you don't have to do it anymore.

go to zero and also buy the treasuries. That's the safest place to put your Mr bank. So all the banks did that clear their entire thing. You can look at the chart right now and you can see that most American banks are below 10 percent.

You know the FED told them to do that and most American banks are deep into treasuries. They took all these deposits, they put them in treasuries. What happened when the fan went from zero percentages to five percent interest in single year, All these treasuries went to price, went down, price went down, and now they're sitting on the bunch of horseshit. now.

These treasuries in aggregate accumulated at 1.7 trillion and unrealized losses for the entire U.S banking system. Somebody has to pay this money. So the banks are currently stuck with 1.7 trillion of unrealized losses sitting on these treasury bonds. They have no liquidity because the banks cleared everything out when the FED told them you don't have to hold any reserves.

And now also the money is actually flowing from the banks to the money marketing accounts. and also money's flowing from the regional Banks to the big four. Banks Because people are terrified. So these Regional banks are getting from every possible Direction And it's absolutely insane that everybody here is thinking that this thing is over.

It's not. it's just the beginning. First Republic is just the beginning. So they gave it 30 billion dollars to kind of Band-Aid The problem but it's not over yet.

It's not over yet and it's not gonna be over until the FED reduces interest rates and that they cannot politically do but is exposing this all game I Just told you about Now don't let these guys fool you. Understand what's going on and stay away from First Republic.