So, despite the FED, Treasury and FDIC, along with their media flunkies telling us it is the small regional banks losing the biggest chunk of deposits, we find out it is the exact opposite. The reason those three co- conspirators have caused the largest three (smaller) banks to fail was so they could funnel those deposits into the failing JP Morgan and the other too big to fail behemoths. This explains why there wasn’t allowed to be an auction for those failed banks deposits. It was imperative they went largely to JP Morgan and the small handful of banks that gave those loans to First Republic in the earlier “rescue” plan. Listen to George Gammons video (you can find it on YouTube)discussing why he was wrong about CBDC’s to hear his sarcastic take on the deal JP Morgan got regarding First Republic. This hasn’t been about the smaller regional banks at all. They are the guppies being swallowed whole by the biggest 3 or 4 giants who are in worse shape then we have been led to believe. This moves up the timeline for the total collapse of the banking system. I am more convinced then ever that they can’t be saved and the collapse of the Comex and the banking system will be blamed on the lack of a debt ceiling agreement. It could be as soon as this week. Crash helmets on.

Deposits at JPMorgan Chase, Bank of America and Wells Fargo Shrank by $465 Billion Y-O-Y; More than Twice the Total of 4,000 Small Banks