Warning: THIRD Bank Collapses ⛔️

First Republic Bank collapsed and was taken over by the FDIC, the third major bank failure. The speaker argues banks invest deposits recklessly, keep profits, and pass losses to taxpayers through bailouts, while FDIC insurance doesn't cover all deposits anyway.
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Warning, third bank has just collapsed. So in a matter of weeks, we've had three relatively major banks— not high street banks, but relatively significant banks— collapse. Now look, I hate to say I told you so, but I've been warning for probably years, probably since lockdown that banking collapses were due. They were inevitable. Like, if you go back to the last crash of 2008, when the crisis was mostly around the banks, we had many banks that went bust, but many more would have gone bust were they not bailed out by essentially you and me, you and I, the taxpayer. So the third bank to go bust is First Republic Bank. And it was taken over by the Federal Deposit Insurance Corporation. Now, shall we translate the Federal Deposit Insurance Corporation? Who pays for the Federal Deposit Insurance Corporation? Let me know if you can get this correct in the comments. Whose money is the Federal Deposit Insurance Corporation? I'll give you 5 seconds to guess. It's not a difficult one. Essentially, the way the banking system works is that the banks take your money, they don't give you a net positive return because inflation is much higher than interest, but they get a net positive return because they're legally allowed to trade insolvently with your money. I.e., they take money that isn't theirs and they lend and invest it, they lend and invest it out They get a return. They don't share that return with you. You get a negative return leaving your money in the bank. They get a positive return lending and investing your money insolvently, but made illegal by themselves, the cartel of the central banks. And then all the risk is on you, because if they go bust, you've just got to pray that there's insurance in place that you get your money back. And they won't insure all of your money. And who pays for the insurance? You! Because the bailout is from the Federal Deposit Insurance Corporation, i.e., the central banks, i.e., the government, i.e., you, because you fund the government through your taxes. So you give your money to the banks, you're supposed to be grateful that they're going to look after your retirement and your savings and your pensions, which they're not. You take all the risk, they take none of the risk. You make none of the money, they make all of the money. And then when they go bust, losing your money, you have to pay the insurance to bail them out of losing your money. That is the banking system. And the third bank in a matter of weeks— First Republic Bank has gone bust, and the taxpayer is bailing them out. Now, doesn't sound like a fair system to me. I would love it as an entrepreneur if I was legally allowed to use money for whatever I wanted, and then if I lost it, um, I would just get bailed out. And I would just be looked at, 'Oh, don't worry about taking risks and losing all your money because we'll just bail you out.' Wouldn't that be brilliant? But no, that's called, um, trading insolvently. And that's illegal, and it bloody well should be. Now, by the— exactly, Sean Paul has said you don't get rich by saving money. Just a quick one before I finish. I know many of you aren't getting my notifications anymore. Um, I've certainly— I think either there's an algorithm change or I've had a little bit of a shadow ban from Facebook. So I'd really appreciate it if you turned on notifications. Well, I say I'd really appreciate it, it'd be good for you to see my videos. You're watching it, clearly you want to watch my videos. So look, I've been warning about this banking crisis and the potential that banks will go bust, uh, and then either the taxpayer will bail them out, which means our taxes go up, um, or, um, or they have to go, um, the economy has to just shrink and we have to— it has to force us into some kind of recession, correction, or depression. I've been warning about not leaving your money in the banks. I've been warning about keeping minimum amount of savings so that you've just got a little bit of a security buffer and then investing in assets that you control. I've been warning about the governments and central banks and any types of assets, um, that you're told are assets, like bonds and savings accounts. And I've been warning that they are not assets and that you're taking the risk, not them. And if you're taking the risk, you should get the reward. And it's the wrong way around, that you take the risk and they get the reward, and they don't have the, uh, risk but they get the reward. Um, so my question to you is Are you investing in assets that you control? Are you divesting and diversifying your assets so they're not all in one place? Are you making sure that most of your money isn't controlled by central banks and governments? This is getting more and more important every week. First Republic Bank is the bank that's just collapsed, um, recently, and that's the third one in, what, a few weeks, a couple of months. So look, if you'd like to learn how to make, manage, and multiply your money um, build assets that you control, that you own, decentralized away from the system as much as they can be, if you'd like to make, manage, multiply your money, generate multiple streams of recurring income, learn about money that the government don't want you to know and that the school didn't teach you and that your parents don't know, join Rob.team. Rob.team is my digital financial freedom platform. It helps you start and scale a business. It helps you generate income streams, learn about money, learn about assets, learn about investing, There's Sunday sessions most Sundays. There is masterclasses twice a month. There's hundreds of hours of courses, resources, and masterclasses, um, that can help you make, manage, and multiply money. Costs less than 20p a day. You can cancel anytime. There's no ongoing contract, so there is nothing to risk. Remember, the more you learn, the more you earn. Invest in yourself. You are your best asset. So to join, it's really easy. Just open up a new web page and type in rob.tea. I can see quite a lot of people going Rob.team. Just type in R-O-B.team. You're not taking a risk doing that because you can cancel anytime, no ongoing subscription. In fact, for £6 including tax, you could go in and get hundreds of hours of content, courses, resources, masterclasses. Because right now, um, the economy is obviously— well, look, your spending power is the lowest it's been since the Second World War, and that's a bit of a shocker. Taxes are going up, inflation is going up, interest rates are going up. It's like normally you have high interest rates, low inflation, um, vice versa. But now it seems to be a double whammy where interest rates are going up, your cost of finance is going up, your loans are going up, your taxes are going up, your expenses are going up, your cost of living is going up, your heating and electricity and food and everything is going up. When's it going to end? When's there going to be some relief? Oh, and by the way, when the banks go bust and it costs Billions. You have to bail them out with your taxes. It's wrong. It's completely wrong. So, but look, we can sit here and moan and rant about it, or you can do something about it. Invest in yourself into rob.team, because you are your best asset. You pay yourself the best return. The more you learn, the more you earn. Are you educating yourself about money every day? How the banking system works? How the banking cartel works? You know, how to invest? How to generate recurring income, multiple streams of income, passive income, how to build assets. You need to know all of this stuff, and it's all there in rob.team. Because, um, this is— the First Republic is not going to be the last bank that goes bust, believe you me. And they're either going to get bought out, um, or bailed out. I don't think that they're going to be let to go bust, um, because, you know, there, there's probably a bit of control and power and like a cartel system behind the central banking system, because it makes them billions. People think, oh, I, I have a bank so that they can look after my money and put savings in the bank, and it's going to look after my future and my pension. I'm going to earn interest. This is what you've been taught. This is nonsense. Interest is way lower than inflation, so you're net losing money in the bank. It's not your money when you put it into the bank. It's now their money. Um, you hope it's insured. You hope. You don't actually know. Have you tested it? Um, and it's not a great system for you. You need to learn what they do and then be entrepreneurial and turn it to your gain. See, now I have millions, tens of millions, um, worth of good debt because I use the system and how it works to my gain. But you know, you want, you want minimum exposure in the system, and rob.team will teach you how to build your own assets, be decentralized, control your own money, etc. So just type in rob.team. Lorraine is here. Rob.team is a fantastic resource. I've learned a lot. We all know how wrong the banking system is and how the government bailed them out with taxpayers' money. How can taxes go down? They're not. They're going to go up. And you can't get a better lifestyle just squeezing any more money in terms of reducing your expenses. Your expenses have probably already been reduced and squeezed. Everything costs so much. So some people have got good intentions teaching you, we'll squeeze your expenses, squeeze your expenses, you know, don't eat, don't drink, don't breathe. But that's not going to make any difference in your life. What's going to make any difference is getting your tax bill down, getting your income streams up, getting your earning power up. And all of those are taught in masterclasses in rob.team. It's easy to join, you just type in rob.team. No risk, 20 pence a day max, um, paid monthly, cancel anytime, no ongoing subscription. I'll see you in Rob.team. And please leave a comment, please hit the share button, please turn on notifications, because I've been sharing a lot of this content and social media has been penalizing me for it. But you, you need to know this shit, so I'd love your support. And thanks for your support, and thanks for tuning in. And remember, if you don't risk anything, you risk everything.










