Uploaded December 2023 | Updated September 2026, 21 hours ago
San Francisco Banks Are Closing in Record Numbers . Twenty bank branches closed across the city this year which is more than the previous two years combined and the most in a single year. Across the state, 277 bank branches have closed this year
First, it was the March 10 failure of Silicon Valley Bank in Santa Clara, where depositors pulled their funds from what they feared was a sinking ship. Two days later, federal regulators shut down Signature Bank in New York over concerns that a panic-run was heading there next. Then Switzerland's second largest bank, Credit Suisse, needed a government-arranged sale to avoid a similar insolvency crisis. And in May, the crisis boomeranged home First Republic Bank in San Francisco imploded from its inability to prepare for rising interest rates.
Add in July's dissolution of the small Heartland Tri-State Bank in Kansas, and four U.S. banks — two in the Bay Area collapsed this year, marking the second and third largest bank failures in American history and jeopardizing nearly $550 billion in assets, far more than the 2008 financial crisis did.
Bank failures are not announced before it happens. Some branches are not even giving the 90 day notice they are required by law, the next bank failure could be ALL BANKS
In preparation for the total bank collapse Bitcoin is soaring as a safe haven from inflation ,currency devaluation and bank failures
Leave your comments on this situation. should we keep some emergency cash aside ?
-Donations are appreciated as it helps me cover the expenses for traveling In future videos
You can make a DIRECT donation HERE 👉 paypal.me/MetalLeoTraveler?country.x=US&locale.x=en_US
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San Francisco Banks Are Closing in Record Numbers . Twenty bank branches closed across the city this year which is more than the previous two years combined and the most in a single year. Across the state, 277 bank branches have closed this year
First, it was the March 10 failure of Silicon Valley Bank in Santa Clara, where depositors pulled their funds from what they feared was a sinking ship. Two days later, federal regulators shut down Signature Bank in New York over concerns that a panic-run was heading there next. Then Switzerland's second largest bank, Credit Suisse, needed a government-arranged sale to avoid a similar insolvency crisis. And in May, the crisis boomeranged home First Republic Bank in San Francisco imploded from its inability to prepare for rising interest rates.
Add in July's dissolution of the small Heartland Tri-State Bank in Kansas, and four U.S. banks — two in the Bay Area collapsed this year, marking the second and third largest bank failures in American history and jeopardizing nearly $550 billion in assets, far more than the 2008 financial crisis did.
Bank failures are not announced before it happens. Some branches are not even giving the 90 day notice they are required by law, the next bank failure could be ALL BANKS
In preparation for the total bank collapse Bitcoin is soaring as a safe haven from inflation ,currency devaluation and bank failures
Leave your comments on this situation. should we keep some emergency cash aside ?
-Donations are appreciated as it helps me cover the expenses for traveling In future videos
You can make a DIRECT donation HERE 👉 paypal.me/MetalLeoTraveler?country.x=US&locale.x=en_US
Suggested videos
Richmond youtu.be/aG9x5bXbIzQ?si=hzM9HQEcS5A7dnC2
Telegraph ave youtu.be/Vg-NIhpGfDw?si=Arzu-GmVxkqA7rUw
San Jose youtu.be/kysFYKbqDyY?si=5_sEjdkg3WlPJVmY
Berkeley youtu.be/Lv89eQqZ_6Q?si=gDgBRXCse8mpSDg7
Market street youtu.be/5UWIyGDnHmk
Embarcadero youtu.be/ILAYlTLdGvA
Unión square youtu.be/vB3IU8uwb2k
Oakland youtu.be/Hf36qNx_wm4?si=GTFq2n24ltXRzfBr
The end of malls youtu.be/UevKpxS6Iek?si=Dvm5WFmZor_Nv27j
Follow me on Instagram for updates to contact me and exclusive content instagram.com/leometaltraveler?igshid=OGQ5ZDc2ODk2ZA%3D%3D&utm_source=qr
Sacramento youtu.be/pYAkBXNyxUI?si=gzH3cN-Fx_hK5UDe
-MERCH
Good Luck With That Funny T-Shirt amzn.to/3shwygf
My camara amzn.to/47lenF6
My gimbal amzn.to/465YSQh
Dog water bottle with food containers amzn.to/40wFPgV
💥MEMBERSHIPS ARE HERE🔥just click the join button to get exclusive perks !
click here to join👉youtube.com/channel/UCq49dhzxxgdgJfy0e_8b37w/join.
members only exclusive videos and members only live streams , Live chats
20% OFF ALL MERCHANDISE IN THE METAL STORE
you can join now for $0.99 CENTS! (Cheap less than a dollar) and support the channel for future videos
