ENCOURAGING ANGELS: Warning! Due to Credit Suisse Situation-Bank Run Expected on Thursday According to Dr. Marco Metzler

Original article here.

According to my LinkedIn friend and former Insurance Company CFO, Fitch analyst and now of DMSA (Deutche Mrkt Screening Agentur GmbH)-Dr. Marco Metzler, Credit Suisse is asking for state support and the national deposit insurance per depositor is only participating up to CHF 100,000.

Dr. Marco Metzler who correctly predicted the Evergrande bankruptcy (while the Western financial press was covering it up) in 2021 says this about the Credit Suisse situation:

Warning: Bank run is expected on Thursday! Next phase in the global financial meltdown started.

Credit Suisse Group AG has asked the Swiss central bank for a public statement of support after its shares and bonds were pummeled on Wednesday, according to a person familiar with the matter. (Dr. Marco Metzler via LinkedIn)

Stan Szymanski (or Encouraging Angels) is not a medical doctor. This is not medical advice. In all matters pertaining to the health and care of a human being consult a medical doctor. This is not legal, financial or personal advice. Consult appropriate professionals in those fields for that type of advice.

By PatriotmanPublished On: March 16, 2023Categories: Encouraging Angels, Uncategorized1 Comment

About the Author: Patriotman

Patriotman currently ekes out a survivalist lifestyle in a suburban northeastern state as best as he can. He has varied experience in political science, public policy, biological sciences, and higher education. Proudly Catholic and an Eagle Scout, he has no military experience and thus offers a relatable perspective for the average suburban prepper who is preparing for troubled times on the horizon with less than ideal teams and in less than ideal locations. Brushbeater Store Page: http://bit.ly/BrushbeaterStore

One Comment

Encouraging angels March 16, 2023 at 12:35

…and 2 hours after this post went up at EA the Swiss National Bank (SNB) provided a $54 Billion loan assurance…6 months ago I wrote about the SNB having to take $9 Billion from the Federal Reserve through the ‘swap lines’ (https://www.encouragingangels.org/new-blog/2022/10/28/r2vyps2nevcf9wpyi7l7lbpm3mfbka)… In the words of Aretha Franklin-Who’s Zoomin’ Who? Thank you for the post AP!