روما بت
ماه بت
پین باهیس
بهترین سایت شرط بندی
بت کارت
یاس بت
یک بت
مگاپاری
اونجا بت
alvinbet.org
بت برو
بت فا
بت فوروارد
وان ایکس بت
1win giriş
بت وینر
بهترین سایت شرط بندی ایرانی
1xbet giriş
وان کیک بت
وین بت
ریتزو بت
1xbet-ir.com.co/
https://www.symbaloo.com/mix/paperiounblocked2?lang=EN https://www.symbaloo.com/mix/agariounblockedschool1?lang=EN https://yohoho-io.app/ https://2.yohoho-io.net/paper.io unblocked https://www.symbaloo.com/mix/yohoho-unblocked-76?lang=EN https://www.symbaloo.com/mix/agariounblockedpvp https://www.symbaloo.com/mix/yohoho?lang=EN
HomeNewsThe Banking Crisis, Housing Insecurity and Preparing for the Coming Economic Collapse...

The Banking Crisis, Housing Insecurity and Preparing for the Coming Economic Collapse With James Fauntleroy

Published on

The collapse of Silicon Valley Bank and the 50 billion dollar injection to Credit Suisse highlights the precarious state of the banking system. While the banks claim that they are too big to fail, the reality is that the people who suffer the most when banks collapse are ordinary Americans. The rich can protect themselves by moving their money into offshore accounts or investing in other assets. But the poor and working-class Americans who have their savings in these banks will lose everything if banks collapse.

On this episode of Behind the Headlines, Lee Camp interviews James Fauntleroy, a regular contributor to the Revolutionary Blackout Network (RBN) show. Fauntleroy is known for his incisive commentary on politics and social issues and his analysis of the pressing issues affecting Americans today.

In this interview, Fauntleroy shares his insights on the precarious state of the banking system, the need for regulatory reform, and the importance of being prepared for emergencies during a time of economic instability. His deep understanding of the issues and his unique perspective make this an interview not to be missed.

The fractional reserve banking system is a significant contributor to the instability of the banking system. Under this system, banks are allowed to gamble with people’s money and make profits at their expense. The repeal of the Glass-Steagall Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act has made it easier for banks to engage in risky behavior, which increases the likelihood of a banking collapse.

One alternative to the fractional reserve banking system is postal banking, where the post office also serves as a bank. Postal banking would eliminate the need for people to trust their money to banks that are only interested in making profits. People would have the security of knowing that their money is safe, and they would not have to worry about the banks gambling with their money.

Right-wing media likes to paint Biden as a socialist, but this is far from the truth. Biden and the Democrats are as capitalist as the right wing, and they are not interested in nationalizing the financial system. The ruling elite has a vested interest in protecting the banks because they have their money invested in them. As long as the banks are making profits, the elite will continue to support them.

Fauntleroy believes that the current banking collapse is just the beginning of something more catastrophic. He predicts that it will have a domino effect, leading to an economic crisis. The collapse of the housing market in 2008 is an example of how a banking collapse can trigger a broader economic meltdown. The consequences of an economic collapse are unimaginable, but they could include a breakdown of law and order, civil unrest, and even a revolution.

The interview between Camp and Fauntleroy serves as a wake-up call to the American people. It highlights the dangers of the fractional reserve banking system and the need for regulatory reform. It also reminds us of the importance of being prepared for emergencies, especially during a time of economic instability.

To prepare for the worst-case scenario, people need to take action now. They need to have emergency funds in physical cash, food, and other necessities. They should also consider investing in assets that are not tied to the banking system, such as gold or silver. Additionally, they should consider diversifying their investments and not relying solely on banks.

The interview between Camp and Fauntleroy highlights the precarious state of the banking system and the need for regulatory reform. Watch it exclusively at MintPress News.

Lee Camp is an American stand-up comedian, writer, actor and activist. Camp is the host of Behind The Headlines’ new series: The Most Censored News With Lee Camp. He is a former comedy writer for the Onion and the Huffington Post and has been a touring stand-up comic for 20 years.

The post The Banking Crisis, Housing Insecurity and Preparing for the Coming Economic Collapse With James Fauntleroy appeared first on MintPress News.

Latest articles

Haitian migrants protest removal of TPS

Home » Human needs before profits » Haitian migrants protest removal of TPS The U.S. government first granted Temporary Protected Status (TPS) to Haitians living in the United States after a 2010 earthquake in Haiti that led to the deaths of over 300,000 Haitians and the homelessness of a million. TPS allows Haitians or other…

Justice for Robert Jones!

Home » Racism and Self-Determination » Justice for Robert Jones! The following is a statement issued by the Philadelphia Alliance Against Racist and Political Repression regarding the police murder of Robert Jones on Oct. 3, 2024. On July 4, the District Attorney’s Office of Philadelphia, led by “progressive” Larry Krasner, refused to charge [Philadelphia police]…

Teamsters spread sanitation workers’ strike coast to coast

The following is a statement by Teamsters Local 25, published on July 9, 2025. Teamsters Local 25: Republic Services continues to lie about negotiations.  Picket lines extended to West Coast cities Boston Teamsters Local 25 President Thomas G. Mari said Republic Services wants impacted towns to believe it is negotiating daily with striking collection workers…

Ten years after her lynching – Sandra Bland: still ‘Say her name!’

Sandra Bland If Sandra Bland were alive today, she would be 38 years old. This July 13 will mark the 10th anniversary of her lynching in a Waller County, Texas, jail following her arrest on July 10 for an alleged minor traffic violation. The white state trooper who arrested her was only charged with perjury.…

More like this

Haitian migrants protest removal of TPS

Home » Human needs before profits » Haitian migrants protest removal of TPS The U.S. government first granted Temporary Protected Status (TPS) to Haitians living in the United States after a 2010 earthquake in Haiti that led to the deaths of over 300,000 Haitians and the homelessness of a million. TPS allows Haitians or other…

Justice for Robert Jones!

Home » Racism and Self-Determination » Justice for Robert Jones! The following is a statement issued by the Philadelphia Alliance Against Racist and Political Repression regarding the police murder of Robert Jones on Oct. 3, 2024. On July 4, the District Attorney’s Office of Philadelphia, led by “progressive” Larry Krasner, refused to charge [Philadelphia police]…

Teamsters spread sanitation workers’ strike coast to coast

The following is a statement by Teamsters Local 25, published on July 9, 2025. Teamsters Local 25: Republic Services continues to lie about negotiations.  Picket lines extended to West Coast cities Boston Teamsters Local 25 President Thomas G. Mari said Republic Services wants impacted towns to believe it is negotiating daily with striking collection workers…