
Bill Gates with JPMorgan Chase Bank CEO Jamie Dimon. Image source
by Brian Shilhavy
Editor, Health Impact News
Another blood bath in American banks was seen today in stock market trading, with a “total collapse” of regional banks.
a total collapse in regional banks…
And despite the Biden admin claiming that FRC was just another ‘outlier’ business model, PacWest, Western Alliance, and Zions (among others) are in a freefall…
This follows the collapse of the second largest bank in U.S. history that occurred over this past weekend with First Republic Bank.
On Monday morning, JPMorgan Chase CEO Jamie Dimon, who stepped in to purchase the remaining assets of First Republic Bank at bargain rates, announced that the U.S. Banking system is “very, very sound.”
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Pam Martens of Wall Street on Parade, who has extensively covered the multiple felony charges that have been filed against Jamie Dimon over the years since he took over at Chase, published an article this morning explaining how we cannot trust Dimon’s statements that he is “saving” the banking industry, because he is one of the main reasons these smaller banks are failing in the first place.
There are two critical things you need to know about JPMorgan Chase’s Chairman and CEO Jamie Dimon’s ability to stabilize the banking crisis: (1) he’s tried twice and failed both times; (2) his bank is a key financier of hedge funds, some of which are undermining bank stock prices with short selling.
The Financial Times reported on April 5 that “Hedge funds made more than $7bn in profits by betting against bank shares during the recent crisis that rocked the sector, their biggest such haul since the 2008 financial crisis.”
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Is Jamie Dimon Looking to Take Over Big Tech?
As mentioned above, Jamie Dimon’s Bank now holds over 10% of America’s deposits, and that percentage will only increase as more and more smaller banks collapse.
Most of these banks that have failed so far have been with banks holding the deposits of venture capitalists and billionaires from Big Tech. Some are now speculating that Dimon is looking to start dominating Silicon Valley, and have a greater influence with Big Tech.
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“JPMorgan has a decades long presence in Silicon Valley, with well-established relationships across the corporate, venture and startup community,” a JPMorgan spokesperson said.
“We welcomed thousands more in recent weeks so they could continue to run their businesses without interruption.…We are committed to the innovation economy and excited about the opportunities to do even more.” (Full article – Subscription needed.)
Analysis: This Could be the Next Step in the “Great Reset” and Digital Control
As things have unfolded here in the first 4 months of 2023, I think I am seeing a pattern now of where this all might be going, and how we might now be at the start of the next phase of the “Great Reset,” and the desire of the Globalists to take digital control over the population as the U.S. economy crashes.
This phase actually began in November of 2022, with the roll-out of Microsoft’s AI ChatGPT. Even though this AI app had many problems and consistently gave wrong or bad information, it quickly became the fastest and most downloaded app of all time, even surpassing TikTok, as hundreds of millions of people downloaded it out of fascination to see what it could do.
The sheer amount of downloads sent panic throughout Big Tech, as everyone was afraid of being left in the dust on this new frenzy that Microsoft had created.
Google panicked the most, because while they had over 90% of all Internet searches, with Microsoft’s Bing a very distant second, here was something that threatened their near monopoly on Internet searches that it has held for decades now.
So they quickly released their own AI chat bot, Bard, and also released it to the public, and it made more mistakes than even Microsoft’s ChatGPT.
Within a very short period of time, Big Tech, which had been crashing since the fallout of FTX in 2022, started investing $BILLIONS into AI chat software. $Billions of investment into something that Microsoft started, by giving it away for free.
I have published several articles now warning people that this quite literally is the largest financial bubble of all time, because money is going out in investments while banks are failing, and little to no revenue is coming back in yet from those investments.
And that is a recipe for disaster, as many others in the financial world also clearly see as a huge risk. Here is one recent article published a couple of days ago on MarketWatch.year to build out more infrastructure to support the higher-performance computing power needed for AI, and hope to reap the rewards later.go to companies like Nvidia Corp. and other hardware makers making data-center infrastructure technologies.
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The entire U.S. stock market is being supported by Big Tech right now, and almost everything being invested in Big Tech revolves around AI, as they bet on the future where at some point those investments will return a profit.
But with the Big Tech banks now failing and all other U.S. banks also doing poorly as credit dries up, who is going to continue funding Big Tech?
And the news just keeps getting worse, as the largest of all Big Tech companies, Apple, is facing huge potential losses based on the trade war with China, according to a report published today.
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Big Tech is in serious trouble, and the entire industry stands at the brink of a total collapse, along with hundreds of regional and small banks, unless they are bailed out.
Who will be left to bailout these banks and Big Tech companies?
Apparently Jamie Dimon, along with his pal Bill Gates, and his pal, Warren Buffet. (See: Who Owns the World Health Organization and Their Plan to Vaccinate and Digitally Track Every Human Being on the Planet?)
What we are probably looking at are a handful of banks and a handful of tech companies that are “Too Big to Fail” and will be bailed out.
These Big Tech companies MUST be bailed out, because the U.S. Government, along with the military and all of their intelligence agencies, have all their data stored in the Cloud with these companies.
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Never mind the fact that ChatGPT cannot be trusted to provide accurate and unbiased information, it is FREE and it works faster! Who can compete with that?
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Just like Jamie Dimon seems to be consolidating the Banking industry by driving smaller banks out of business, so too might Bill Gates and Microsoft be driving smaller Tech companies out of business, to consolidate the Tech industry.
What a perfect scenario that might be unfolding for the Globalists to eventually force everyone to bank at only the banks they choose, and only use the technology products they decide upon, all as part of the Great Reset to convert everyone into the new digital age where everyone will need some kind of digital ID to participate in, with everything about your private or public life digitally tracked and stored.
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