Prediction record

Hiteconomy

More US banks will fail beyond Silvergate, Signature, and Silicon Valley Bank.

A scored record for Peter Zeihan, made on .

VideoPrimary sourceeconomymarkets

Scored record

Hiteconomy

they won't be the last probably

More US banks will fail beyond Silvergate, Signature, and Silicon Valley Bank.

Made on
2023-03-15
Outcome
Hit
Importance
4 / 5
Contribution
+3.68

Criterion

Resolution status
resolved
Resolved on
2023-05-01

At least one additional US bank fails (closed by regulators or collapses) after Silvergate, Signature, and SVB within roughly the following year.

Criterion: at least one additional US bank fails (closed by regulators/collapses) after Silvergate, Signature, and SVB within ~the following year (by ~2024-03-15). Met decisively: three additional banks failed within the window (First Republic May 1 2023, Heartland Tri-State Jul 28 2023, Citizens Bank IA Nov 3 2023). resolved_on set to the first qualifying failure (First Republic, 2023-05-01). FDIC failed-bank list is the authoritative primary source; Bankrate cited as an accessible compilation of FDIC data — verify/archive against FDIC directly at verification stage if desired.

Sources

  • Peter Zeihan || The Financial Crisis of 2023?

    YouTube ·

    Source

Outcome evidence

  • First Republic Bank (San Francisco) failed and was closed by regulators on May 1, 2023, seized by the FDIC and sold to JPMorgan Chase — the second-largest US bank failure in history. This is an additional US bank failing AFTER Silvergate, Signature, and SVB, well within the ~one-year deadline window (by 2024-03-15).

    Evidence

  • Heartland Tri-State Bank (Elkhart, Kansas) was closed by the Kansas state regulator and the FDIC on July 28, 2023 (failure tied to a crypto 'pig-butchering' scam), a further confirmed post-SVB failure inside the window.

    Evidence

  • Citizens Bank (Sac City, Iowa) was closed by regulators on November 3, 2023 — a third additional US bank failure within the deadline window, per the failed-bank list.

    Evidence

Corrections

  • Prediction timeframe: Transparency: the original basis implies deadline-table support that does not exist. Deadline (2024-03-15) left unchanged as a reasonable near-future window; the claim resolves true under any plausible horizon.

Score contribution

+3.68
Confidence
80%
Outcome
Hit
Importance
4 / 5
Contribution
+3.68

This page displays the scored record as published; the website doesn't recompute or adjust the score.

Provenance

More US banks will fail beyond Silvergate, Signature, and S…
Methodology version
v1.0.0
Last computed
July 4, 2026
Made on
2023-03-15

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