This article was originally published by Tyler Durden at ZeroHedge. 

Last night, amid the Fed’s H.4.1 report, we noted an unprecedented surge in foreign official Repo ($60 billion) under the Fed’s new FIMA repo facility, which means that the offshore scramble for dollars was alive and well, and someone really needed access to USD. The assumption was that it was Credit Suisse (or UBS) shoring up some shortfalls, but with the action of the last couple of days, others are worrying that there is more afoot in the EU banking system.

After a brief respite earlier in the week, European bank stocks are cratering once again, now at 3-month lows (catching down to Senior Financial CDS)…

Deutsche Bank stock has crashed to 5-month lows…

Deutsche Bank CDS is soaring (Commerzbank is also rising rapidly)…

Source: Bloomberg

With the most crucial aspect (short-dated protection mainly used as a counterparty risk by derivatives trading partners) is very aggressively bid…

Source: Bloomberg

Notably, Deutsche unexpectedly announced its decision to redeem a tier 2 subordinated bond on Friday in a reassuring effort.

“Deutsche’s decision to redeem (having received all required regulatory approvals) should be a reassuring signal to credit investors,” Autonomous analyst Stuart Graham wrote in a note on Friday.

But instead, other Deutsche Bank AT1 bonds have plunged in price (with yields soaring above 16%)…

Source: Bloomberg

Notably, ECB rate-hike odds have plunged this morning from 25bps in May fully priced-in to just 60% odds now…

Source: Bloomberg

There is no specific news on DB to catalyze these moves but if DB is next, then the world’s financial system has a serious problem that makes CS look like SVB.

Prepare For An Economic Emergency Or Recession

This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: North Korea Just Tested Their Version Of The Poseidon Doomsday Weapon That Can Create A “Radioactive Tsunami” That Could Kill Millions

For a moment, I would like for you to imagine an unthinkable scenario.  Dozens of giant underwater drones armed with nuclear warheads that have been parked just off our coastlines detonate simultaneously, sending massive “radioactive tsunamis” pouring over our most important coastal cities.  New York, Washington, Boston, Miami, Los Angeles, San Francisco, and Seattle are all wiped out in a matter of moments.

When the Russians began developing their Poseidon “doomsday weapon” a number of years ago, our leaders didn’t take the threat very seriously.  But now the Russians are actually manufacturing Poseidons, and the North Koreans just tested their own version.  Once someone decides to actually use such a weapon, our world will never be the same again.  Sadly, most Americans have absolutely no idea how vulnerable we are.  Most of us just continue to party like the good times will never end, but meanwhile, our enemies are literally preparing to fight World War III.

I wish that I could get people to understand that millions of Americans could suddenly die on a single day if a cataclysmic war erupts.

Of course, we have become well acquainted with tragedy in recent years.  On Friday, an absolutely enormous tornado touched down in Mississippi and stayed on the ground for at least 80 miles.  At this point, it is being reported that 23 people were killed…

Mississippi Emergency Management reports at least 23 people have died from Friday’s tornado that ripped through the state.

MEMA reports dozens are injured and at least four are missing from the storm that left widespread devastation in the communities of Rolling Fork, Silver City and Amory.

“Unfortunately, these numbers are expected to change,” MEMA said in a statement.

Words simply cannot convey the devastation that we just witnessed.  The tornado was more than a half-mile wide, and entire communities were completely wiped out.

When one meteorologist realized what was happening, he literally started praying while he was on the air…

A meteorologist prayed live on air Friday as tornadoes ripped through Mississippi, leaving at least 23 dead.

“Dear Jesus, please help them,” said WTVA chief meteorologist Matt Laubhan Friday night, as he warned residents of Amory, Mississippi to immediately take shelter.

“Oh, man,” the Emmy winning weather professional said, briefly bowing his head as he offered the prayer.

This was definitely a great, great tragedy, but so far the death toll is fairly limited.

Now I want you to consider what our society will look like if a surprise attack kills millions of our citizens on a single day.

According to Popular Mechanics, the Poseidon “doomsday weapon” is 65 feet long and it has “nearly unlimited range”…

Poseidon is a large, nuclear-powered torpedo designed to attack enemy coastal targets from thousands of miles away. Poseidon is about 65 feet long and 6.5 feet wide, making it the largest torpedo ever deployed. It’s so large that it’s arguably an underwater drone. The use of nuclear power gives it nearly unlimited range. Theoretically, a weapon like Poseidon could be launched from a port or naval base, but deploying it on a submarine makes it more difficult to locate and destroy.

Have you seen photos of Hiroshima or Nagasaki after they were nuked in World War II?

Well, the warhead that a Poseidon is armed with has over 100 times the explosive power…

Experts believe Poseidon is armed with a 2-megaton thermonuclear warhead, the largest warhead fielded by any country in decades and the equivalent of 2,000 kilotons of TNT. The atomic bombs dropped on Hiroshima and Nagasaki had explosive yields between 15 and 21 kiltons, respectively. A 2-megaton thermonuclear bomb detonated on land will create a fireball 1 mile in diameter and cause third-degree burns at distances of nearly 9 miles. Dropped on New York City, such a bomb would kill 1.7 million people and injure another 2 million.

If you live in a coastal city, a Poseidon could be parked offshore and you would never even know it.

And Vladimir Putin says that the Poseidons that are now being manufactured will soon go into service…

“They are very low noise, have high maneuverability and are practically indestructible for the enemy. There is no weapon that can counter them in the world today,” Putin said.

“The first set of Poseidons have been manufactured, and the Belgorod submarine will receive them in the near future,” Russia’s state-run Tass news agency claimed on January 16. The Belgorod is a new class of Russian submarine designed to carry the huge 80-foot-long Poseidon torpedoes.

That is certainly terrifying enough, but now the North Koreans have just successfully tested their own version of the weapon…

According to KCNA, the test was personally overseen by dictator Kim Jong-un, who wanted to warn the U.S. and South Korea they are causing a “nuclear crisis” with their “intentional, persistent, and provocative war drills.”

North Korea’s state Rodong Sinmun newspaper published a photo of Kim standing next to a large torpedo, which may or may not have been the undersea drone. The article also included photos that purportedly showed the drone maneuvering underwater and then kicking up a pillar of water, depth-charge style, when its test warhead detonated.

We don’t know how similar North Korea’s version is to Russia’s version.

It appears that North Korea’s version is smaller, and it is likely to have less range.

But it was definitely designed to be used against the United States.

So if you live in Los Angeles or San Francisco, you better hope that Kim Jong-un doesn’t get an itchy trigger finger.

And the truth is that this is a man that is not known for his patience.  In fact, it is being reported that someone on his staff could potentially be executed because of a recent wardrobe malfunction…

The dictator was photographed last week inspecting the launch of a Hwasong-17 intercontinental ballistic missile (ICBM) thought to be capable of reaching the US.

However, propaganda pictures of the occasion captured strange white stains on his coat at the wrist and waist and another on his suit jacket near the buttons.

While it appears Jong-Un may have scuffed his clothes on wet paint, it is feared that his staff will be punished for failing to protect him.

Michael Madden, an expert on the North Korean elite, said those responsible faced demotions or hard labour, but execution could not be ruled out.

Nuclear weapons have not been used since 1945, and we should be very thankful for that.

But right now preparations for World War III are being made all over the globe, and it is just a matter of time before someone crosses a line that will never be able to be uncrossed.

That is why it is so dangerous to keep escalating matters in Ukraine.  On Saturday, Vladimir Putin announced that he would soon be deploying tactical nukes in Belarus…

Russian President Vladimir Putin said Saturday he would deploy tactical nuclear weapons in neighbour and ally Belarus, bringing the arms to a country at the gates of the European Union.

Putin has previously issued thinly veiled warnings that he could use nuclear weapons in Ukraine if Russia were threatened, reviving Cold War-era fears.

Instead of taking such threats seriously, our leaders continue to downplay the threat…

The State Department told CNN it would “continue to monitor the implications” of Russia’s plan to station tactical nuclear weapons in Belarus but would not adjust its nuclear weapons strategy.

“We have not seen any reason to adjust our own strategic nuclear posture nor any indications Russia is preparing to use a nuclear weapon,” State Department spokesperson Vedant Patel said in a statement to CNN.

U.S. officials continue to believe that they will be able to keep the war in Ukraine from evolving into a nuclear conflict.

Hopefully, they are right.

But what if they aren’t?

For those that follow my newsletter, I will be regularly updating you as global events continue to escalate.

We are living in a time of wars and rumors of wars, and most Americans simply do not realize how close we are to the unthinkable becoming reality.

Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.

About the Author: My name is Michael and my brand new book entitled “End Times” is now available on Amazon.com.  In addition to the new book I have written six other books that are available on Amazon.com including “7 Year Apocalypse”, “Lost Prophecies Of The Future Of America”, “The Beginning Of The End”, and “Living A Life That Really Matters”. (#CommissionsEarned)  When you purchase any of these books you help to support the work that I am doing, and one way that you can really help is by sending copies as gifts to family and friends.  Time is short, and I need help getting these warnings into the hands of as many people as possible.  I have also started a brand new Substack newsletter, and I encourage you to subscribe so that you won’t miss any of the latest updates.  I have published thousands of articles on The Economic Collapse Blog, End Of The American Dream, and The Most Important News, and the articles that I publish on those sites are republished on dozens of other prominent websites all over the globe.  I always freely and happily allow others to republish my articles on their own websites, but I also ask that they include this “About the Author” section with each article.  The material contained in this article is for general information purposes only, and readers should consult licensed professionals before making any legal, business, financial, or health decisions.  I encourage you to follow me on social media on Facebook and Twitter, and anyway that you can share these articles with others is definitely a great help.  These are such troubled times, and people need hope.  John 3:16 tells us about the hope that God has given us through Jesus Christ: “For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life.”  If you have not already done so, I strongly urge you to invite Jesus Christ to be your Lord and Savior today.

The ruling class does not care about the slave class, and it’s becoming more apparent by the day. After a chemical spill in the Delaware River, the “authorities” told people the water was still safe to drink.

The City of Philadelphia says it is now confident tap water from the Baxter Drinking Water Treatment Plant will remain safe to drink until at least 11:59 p.m. Monday following a chemical spill in the Delaware River, according to a report by CNN.

“There has not been any contamination in the Philadelphia water system,” Mike Carroll, the city’s deputy managing director for transportation, infrastructure, and sustainability, told reporters. “We have enough water to sustain a safe use for drinking, cooking – all purposes – through till at least 11:59 p.m., Monday, March 27,” Carroll said. “The potential for contamination is diminishing over time.”

Trinseo PLC, which owns the facility where the spill occurred, said in a statement on its website Sunday that this chemical spill “appears to be the result of equipment failure.”

These toxic spills have been starting to look more intentional than coincidental.

The chemical spill was reported Friday night.

“As has been reported, on Friday night a chemical spill occurred in Bristol Township, Bucks County which released contaminants into the Delaware River,” Mike Carroll the city’s deputy managing director for transportation, infrastructure, and sustainability said. “The Philadelphia Water Department (PWD) became aware of this through the Delaware Valley Early Warning System (EWS) and has been evaluating the situation since that time to understand potential impacts to the public. Although early indications have not revealed contamination, we are still monitoring the situation and conducting testing.”

The Philadelphia Police Department and Pennsylvania Department of Environmental Protection had also conducted a flyover across the Delaware River and saw no visual evidence of contamination plumes, Carroll said. “In this case, because we were talking about essentially ingredients that go into latex paint, we would have been able to see a kind of white plume under the river surface,” he said.

At a news conference late Sunday afternoon, city officials said they had not found any contamination in Philadelphia’s water supply and there would be no disruptions to schools or city services on Monday.

This reads as “just drink your fluoride-laced water. You’ll be fine. We said so!” It’s probably the fluoride that helps people be such compliant slaves.

Ruling Class COVERS UP Its Own Findings That Fluoride Lowers IQs

Earlier, the city sent out mobile phone alerts recommending that the area’s residents use bottled water from 2 p.m. and on.  “Contaminants have not been found in the system at this time but this is out of caution due to a spill in the Delaware River,” the alerts shared with CNN said.

In an updated statement Sunday afternoon, the city said that new hydraulic modeling and sampling results showed “there is no need to buy water at this time.” The statement further reads:

This updated time is based on the time it will take river water that entered the Baxter intakes early Sunday morning to move through treatment and water mains before reaching customers. The water that is currently available to customers was treated before the spill reached Philadelphia and remains safe to drink and use for bathing, cooking, and washing.

The alert also provided a link to a community website for updates from the masters.

Another “Coincidence”: An Ohio Metal Factory Explodes

Another Train Derailment: Diesel Spills Into River

East Palestine’s “Containment Dam” Overflows

There’s a new “urgent threat” to human health according to mainstream media and the ruling class agencies, such as the Centers for Disease Control and Prevention. Candida auris, a deadly drug-resistant fungus is rapidly spreading across the United States.

A fungal disease, Candida auris, is an emerging fungus that was first reported in the U.S. in 2016. The CDC is now calling it an “urgent threat” mainly because many strains of the yeast are already resistant to all available treatments. It also spreads rapidly in healthcare settings, and it can be fatal. Its reach is quickly spreading, with a recent CDC study reporting the number of known cases nearly doubled in 2021 to 1,471 and that’s likely an underestimate.

According to the World Health Organization (WHO), the mortality rate ranges from 30% to 53% of patients affected by an invasive infection. The Candida auris fungus is often multidrug-resistant and some strains are also resistant to all three available classes of antifungals. The most deadly feature that this fungus carries is the high rate at which it can spread inside the body. As per experts, in some patients, this yeast can enter the bloodstream and spread throughout the body, causing serious invasive infections. -The Health Site

“Current C. auris trends are quite worrying and require a nationwide call to action,” said Dr. Syra Madad, an infectious disease epidemiologist at Harvard’s Belfer Center for Science and International Affairs and the New York City Hospital System.

Candida auris is a particular concern because, unlike most fungi, it can spread from person to person, said Dr. Scott Roberts, associate medical director of infection prevention at Yale School of Medicine, according to Buzzfeed News. 

CDC: Deadly Fungal Infection Spreading At “Alarming Rate”

The ruling class is trying to convince the public that C. auris is being spread because of the “climate change” religion. They have a few narratives craftily rolled into one here, especially if this turns into another plandemic. Not to worry, bird flu is waiting the wings too as big pharma already has “vaccines” ready to combat it if it mutates to infect humans.

Rulers Begin to Establish A “Bird Flu” Narrative

“Those at highest risk for severe infections with C. auris include people who are already sick from other health conditions and are immunocompromised, have long or frequent stays in healthcare facilities, or have lines or tubes that go into their body, such as central venous catheters, feeding tubes, breathing tubes,” said Dr. Syra Madad, an infectious disease epidemiologist at Harvard’s Belfer Center for Science and International Affairs and the New York City Hospital System. “The infection can prove deadly for 30% to 60% of those infected with invasive C. auris.”

Has anything happened that has lowered or damaged the immune systems of the general population lately?

German Ruling Class Confirms: COVID “Vaccinated” Developed AIDS After Injection

Uncovering The Truth: Examining The Fatal Link Between COVID Vaccines And A New Form of AIDS

Insurance CEO Warns Of Excess Mortality & VAIDS In The “Age of the Vaccine”

Whistleblowers: The COVID “Vaccines” Are Causing Cancers & VAIDS

Narratives are unfolding. Stay ready and alert.

Without taking any responsibility for its own rhetoric, NATO (North Atlantic Treaty Organization) says Russian President Vladimir Putin is stating “dangerous nuclear rhetoric.” This word war comes after Putin claimed Russia would station tactical nuclear arms in Belarus.

According to a report by Al Jazeera, Putin said on Saturday that the deployment was similar to moves from the United States, which stores such weapons in bases across Belgium, Germany, Italy, the Netherlands, and Turkey. The U.S. and its Western allies call this analogy “misleading.”

Oana Lungescu, NATO’s spokesperson, alleged that “Russia’s reference to NATO’s nuclear sharing is totally misleading. NATO allies act with full respect of their international commitments.”

Nuclear rhetoric on all sides has been increasing lately creating fears of a nuclear war arising. Ever since Russia launched its “full-scale invasion” of Ukraine in February 2022, experts believe that any Russian strike would likely involve small-size battlefield weapons, described as “tactical”, as opposed to “strategic” high-powered long-range nuclear weapons.

Russia says that other countries are planning a “false flag” incident involving a “radioactive emergency” and that will likely advance this war to dangerous levels globally.

Russia: The U.S. Is Planning False Flag Chemical Attacks In Ukraine

Russia Warns The West That Ukraine is Plotting A False Flag “Dirty Bomb” Attack

North Korea Just Tested A Weapon That Can Create A “Radioactive Tsunami” That Could Kill Millions

WHO: Ruling Classes Should Prepare For Nuclear Radiation Emergencies

Ukraine said it would be seeking an emergency meeting of the United Nations Security Council to counter Russia’s “nuclear blackmail”.

“Ukraine expects effective actions to counteract the Kremlin’s nuclear blackmail from the United Kingdom, China, the United States, and France,” the Ukrainian foreign ministry said on Sunday. “We demand that an extraordinary meeting of the UN Security Council be immediately convened for this purpose,” it added.

Lungescu also blasted Russia’s announcement as “dangerous and irresponsible”, however, she said the Western allies had not yet “seen any changes in Russia’s nuclear posture that would lead us to adjust our own”.

Susi Snyder of the International Campaign to Abolish Nuclear Weapons told Al Jazeera that Russia deploying nuclear weapons in Belarus could potentially lead to “extremely catastrophic consequences”.

The 3 Wars Of The Apocalypse

Putin added that the U.S. is being hypocritical about its placement of nuclear weapons. “The United States has been doing this for decades. They have long placed their tactical nuclear weapons on the territory of their allies,” Putin said, adding that he spoke to Belarusian President Alexander Lukashenko and that they “agreed to do the same.”

The West immediately went on the defense claiming that even though they did the same thing, it’s not the same thing. “The comparison made by President Putin to nuclear sharing in NATO is misleading and does not justify the step announced by Russia,” an official from Germany’s foreign office told the AFP news agency.

So now reality about what the U.S. has done is “misleading?” We are running out of time before this war becomes a global problem. Everyone is going to have a choice to make. Obey, and kill or be killed by the ruling classes of this planet, or be free, and “no” while living in peace.

This article was originally published by J.D. Heyes at Natural News. 

Based on international law, it was wrong for Russia to invade Ukraine, despite the latter’s reputation for harboring Nazis and Nazi sentiment. Ukraine wasn’t threatening Russia, and besides, Russian forces annexed (illegally) the Crimea region from Ukraine in 2014, so clearly Moscow is the aggressor here.

But having said that, NATO countries appear to be sleepwalking into a much broader, far deadlier (and perhaps planet-ending) conflict with Russia, a significant power with thousands of nuclear warheads at its disposal.

According to Breitbart News on Tuesday, the European Union has agreed to send one million artillery shells to Ukraine at a significant cost of two billion Euros, while the United Kingdom has confirmed that it will be donating main battle tanks to the country and will also provide depleted uranium anti-tank rounds.

After lengthy negotiations, the European Defence Agency has finally agreed on a much-anticipated arms procurement deal between EU member states and Norway. This deal will involve the acquisition and delivery of one million 155mm artillery rounds to Ukraine, the report said, even as Russia appears to have a limitless supply, according to frontline Ukrainian troops.

The cost of the arms procurement deal for the one million 155mm artillery rounds to Ukraine is €2 billion ($2.15 billion), which will be divided into two tranches. The first tranche, worth one billion euros, will be utilized to compensate EU member states for releasing shells from their own military reserves, with the objective of delivering them within two months. The second tranche of funding will be paid to armaments factories in European nations to manufacture new shells for shipment to Ukraine, the report noted further.

The EU aims to deliver the artillery rounds to Ukraine within a 12-month timeframe. However, there are concerns about the ability of Europe’s armaments factories to ramp up production quickly enough to meet this deadline. While extra shells could have been purchased from non-EU countries, France has pushed for a buy-European policy to safeguard the interests of the European industry, Breitbart News noted further.

Josep Borrell, the EU’s High Representative for Foreign Affairs and Security Policy, hailed the arms procurement deal as a “historic” moment. He further stated that this deal represents the EU’s support for Ukraine.

But the announcement of the EU’s substantial arms procurement deal was somewhat overshadowed by the United Kingdom’s revelation that depleted uranium anti-tank rounds would accompany their gift of Challenger 2 Main Battle Tanks to Ukraine. These rounds are highly effective due to the unique properties of depleted uranium upon impact, making it an exceptional metal for tank-busting purposes — and that has drawn the ire of Russian President Vladimir Putin, whose troops would be on the losing end of those rounds.

“Alongside our granting of a squadron of Challenger 2 main battle tanks to Ukraine, we will be providing ammunition including armor-piercing rounds which contain depleted uranium. Such rounds are highly effective in defeating modern tanks and armored vehicles,” a UK government spokesman said, as reported by Breitbart News.

The statement drew a swift and angry response from Russia. Following a meeting with China’s Xi Jinping in Moscow, Putin threatened retaliation, stating: “If all this happens, Russia will have to respond accordingly, I’m talking about the fact the west is already beginning to use weapons with a nuclear component.”

The UK, in turn, criticized Russia for conflating depleted uranium rounds with the term “nuclear component,” as this could give the false impression that NATO is providing nuclear weapons to Ukraine. The use of depleted uranium rounds in combat has been primarily by the US and UK, and both countries maintain that these rounds are safe and do not pose a radiation threat during or after use.

Either way, the introduction of those rounds is not going to sit well with Putin, who is being pushed further and further into a response no one should want to see.