You can add PacWest BankCorp to the list of bank failures. Technically it was bought out by another bank but it was only bought out because if it wasn’t bought out it would have failed.
JUST IN – $44 billion bank PacWest Bancorp $PACW has now crashed almost 30%
Another one bites the dust 🔥 pic.twitter.com/rChZvF9GA8
— Bitcoin Magazine (@BitcoinMagazine) July 25, 2023
JUST IN: Banc of California to purchase PacWest in an all-stock merger 😮
PacWest had a market capitalization of $1.24 billion as of Monday, almost 63% higher than that of Banc of California 🧐 pic.twitter.com/8fSX2CkOKj
— Bitcoin News (@BitcoinNewsCom) July 25, 2023
We will likely see more and more of these smaller banks fail until the entire industry is consolidated into a handful of very large banks run by a bunch of Jews with noses shaped like hooks.
This uncertainty is why you want to have a significant segment of your wealth outside of this Jew banking system.
My favorite economic doom person Jeremiah Babe has more details on this bank failure and how totally fucked everything is. He is welcoming everyone to the jungle and telling everyone that they’re going to die. It’s great stuff and I totally endorse his message.
