News: The Banking System Will Collapse On This Date (It's Soon)
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 25 October 2023
⏱️ 17 minutes
🧾️ Download transcript
Summary
Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro
Rebel capitalist merchandise https://www.rebelcapitaliststore.com
✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/
✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro
✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hello, Hello, Rebel Capitals. Hope you're well. Super excited to be back on the channel. We got the move to the old office, went to the new office, back to the old office, and got the audio problems resolved and it's great. |
| 0:17.2 | We got a lot of stuff to talk about guys. |
| 0:19.2 | First and foremost, let's talk about when the banking system will collapse. |
| 0:23.7 | Now a lot of you are probably the oh George is this click bait title how could you do this? |
| 0:28.0 | Oh really let me ask you a quick question. |
| 0:30.5 | Let's just assume for a moment that the Federal Reserve would not have come out with the bank term funding program. |
| 0:36.4 | That was basically the bailout of the entire banking system when Silicon Valley Bank First Republic signature went bust. |
| 0:44.0 | What if they would have not come to the rescue? |
| 0:47.0 | Would the banking system of collapse back then? |
| 0:50.7 | I think most of you would answer yes the probability is very very high |
| 0:55.1 | okay so let's just fast forward a little bit past today and think about wait wait a minute, that bank term funding program was temporary. |
| 1:07.6 | Let's go right over to the Fed's website. |
| 1:09.6 | Actually, before we do, let's go to the Fred website and I want to look at how much this is being |
| 1:17.5 | utilized. So I know a lot of you watch pretty much every one of my videos and I |
| 1:22.2 | thank you for that but for those of you watch pretty much every one of my videos and I thank you for that. |
| 1:23.8 | But for those of you who might be new to the channel, just an FYI, the Bank Term Funding Program, |
| 1:29.3 | which is the Fed's way to bail out the banking system back of March 2023. |
| 1:33.9 | That has not gone down. |
| 1:35.7 | You would assume that, oh my gosh, the banks, they're free and clear. |
| 1:40.6 | There's no more problems. That's not true because they're still utilizing this emergency tool, let's say. |
| 1:48.0 | And I would also point out that even back in March of 2023 when the stuff was really hitting the fan, |
| 1:55.3 | they were using this to the tune of about $64 billion. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from George Gammon, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of George Gammon and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

