Amir Tsarfati: New York-Based Signature Bank Collapses After Silicon Valley Bank. Analysts warn that America is about to get hit by a financial crisis worse than the one in 2008. https://t.me/s/beholdisraelchannel Pope Francis speaks out on ‘gender ideology’ This is the only thing he said rightly, I can think of - So Ready The pontiff has warned that transgenderism is one of the “most dangerous ideological colonizations” Pope Francis reiterated his opposition to transgenderism on Friday, warning that it’s a “dangerous ideology” and arguing that its proponents are naïve if they believe they’re on the “path to progress.” “Gender ideology, today, is one of the most dangerous ideological colonizations,” the pope said in an interview to Argentina’s La Nacion newspaper. “Why is it dangerous? Because it blurs differences and the value of men and women.” The pontiff has repeatedly spoken out against gender theory over the years, even as he has emphasized the need to be welcoming and provide pastoral care for transgender people. For instance, he has likened gender ideology to nuclear arms and genetic manipulation, and he has warned that it’s part of a “global war” against marriage and the family. He has frequently used the term “ideological colonization” in reference to cases in which influential organizations and governments require developing countries to accept abortion, contraception and Western values before they can receive aid money. For example, he lamented to Catholic bishops in 2016 that schoolchildren were being taught that they can choose their gender. “Why are they teaching this? Because the books are provided by the people and institutions that give you money.” The pope told La Nacion that transgenderism ignores inescapable differences between men and women. “All humanity is the tension of differences,” he said. “It is to grow through the tension of differences. The question of gender is diluting the differences and making the world the same – all dull, all alike, and that is contrary to the human vocation.” The Congregation for Catholic Education, the Vatican office that provides official guidance to Catholic schools, issued a document in June 2019 dismissing gender ideology as “nothing more than a confused concept of freedom in the realm of feelings and wants.” It added that such theories seek to “annihilate the concept of nature.” Link: https://www.rt.com/news/572827-pope-warns-of-gender-ideology-dangers/ Fair Use Trading Halted at 30 Banks as Market Opens: Trading was halted Monday at numerous banks at market open. Trading was halted at Charles Schwab. Ian Miles Cheong@stillgray [tweet quoted in the article]: The trading for over 30 banks has been halted. Is the bank collapse happening in real-time? Market Watch reported: To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group’s SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87%, investors can check out the Nasdaq’s “Current Trading Halts” page. Multiple banks have had their stock halted for volatility, some more than once, since the opening bell. Among some of those that have already been halted at least twice, shares of Western Alliance Bancorp WAL, -82.55% plummeted 78.2%, Regions Financial Corp. RF, -7.54% sank 15.6%, First Republic Bank FRC, -77.82% plunged 65.5%, Comerica Inc. CMA, -38.51% tumbled 39.4% and PacWest Bancorp. PACW, -53.44% took a 47.7% dive. The selloffs come as the S&P 500 SPX, -0.11% inched up 0.1%, erasing an earlier drop of as much as 1.4%. Silicon Valley Bank fallout starts to spread around the world: SVB had branches in Canada, the UK, China, Denmark, Germany, India, Israel and Sweden, and the scenes coming out of California are just the beginning. The fallout from the collapse of Silicon Valley Bank is beginning to spread around the world. Startup founders in California’s Bay Area are panicking about access to money and paying employees. Fears of contagion have reached Canada, where the bank’s loan book has doubled in the past year. SVB’s unit in the UK is set to be declared insolvent, has already ceased trading and is no longer taking new customers. On Saturday, the leaders of roughly 180 tech companies sent a letter calling on UK Chancellor Jeremy Hunt to intervene. “The loss of deposits has the potential to cripple the sector and set the ecosystem back 20 years,” they said in the letter seen by Bloomberg. “Many businesses will be sent into involuntary liquidation overnight.” https://www.jpost.com/business-and-innovation/banking-and-finance/article-734050 Hold onto your hats! Here we go. The ride could get bumpy. Let's hope we are out of here soon.
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