BREAKING NOW: Treasury Secretary Janet Yellen calls unscheduled CLOSED TO THE PUBLIC meeting with top financial regulators..
COLLAPSE IMMINENT?
View: https://twitter.com/ChuckCallesto/status/1639281025531490311?s=20
Take away your pension, take away your social security, tax everything to the Nth degree; home, cars, gasoline, etc.
Banks that do survive will start charging you for everything little thing they can such as your checks, how many times you use them, the ATM charges, savings, credit card charges. I'm sure they'll get really creative.
All these extra charges will affect the supply chain, until all you can afford is bread and water. Nothing will be free.
People will be starving.
Have I forgotten anything?
Cutting hours isn't going to stop a run on the bank. Sounds like they want to save payroll. Probably weren't getting enough late customers to make staying open worthwhile.Could be they are just simply cutting back hours, right? Just cutting back hours, yeah, that’s all it is. Everything is fine. By the way, the hours that were eliminated were the after work hours from 4-8 PM.
View: https://www.youtube.com/watch?v=cm89TNllQaQ
RT 30:35
GOTS: Get Out of The System | Bill Holter
38,301 views Premiered 18 hours ago
Bill Holter joins us to discuss the recent bank failures in the U.S. and abroad. In two-weeks, seven banks have come into the spotlight: Silvergate, Silicon Valley Bank, and Signature Bank failed; Credit Suisse was taken over by UBS; First Republic and Deutsche Bank have faced significant issues. This is just the tremor before the earthquake, Holter says.
At least you didn’t use the L word.The great thing about this site is you all have short memories. I can relax knowing none of you remember when I said things were too quiet a couple weeks back.
Try to add Jewish Eskimo.So does that mean I'll get a senior White House position if I identify as a bi-sexual 2nd generation child of migrants African American lady with a limp and severe anxiety disorder?
I've checked a lot of boxes with that one.
A.
No electricity for them.You got it right and I will add no more free toasters when opening a new account .
Well, you could hook it up to your solar panels. In mid-August, it might get almost as hot as if you left the bread sitting out in the sun!No electricity for them.
Well, you could hook it up to your solar panels. In mid-August, it might get almost as hot as if you left the bread sitting out in the sun!
Its not just the banks but very wealthy investors getting bailed out, so now these wealthy investors can invest their money on anything and not have to worry losing their money on any investment.
Yep. And weren't smart enough to keep it that way.We weaponized the FRN first ...
This is all super unnerving.Interesting
View: https://twitter.com/WallStreetSilv/status/1640018026589290498?s=20
With Chinese investments in Africa, he may well be in the know. I don't think I'd discount him.
Especially with:
View attachment 404434
and especially with their (and Russia's) accumulation of gold:
China almost certainly owns more gold than the US – here’s why that matters
China almost certainly owns a lot more gold than anyone else – including the USA. But how much? And why does it need so much gold? Dominic Frisby explains.moneyweek.com
Throw in the alliances the last week or so with Xi visiting with Putin and their support of the Yuan as the global reserve currency:
Putin To Xi: "We Support Chinese Yuan Use With Asia, Africa, Latin America" | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Why are they both looking to destroy the USD as the reserve status? Europe would fall without the US' ability to support and protect it. I'm sorry but I don't buy the propaganda that Russia is getting their hat handed to them. They want the industrial base of Europe as they have plenty of natural resources. The opposite is true for China; they want the natural resources of SE asia and Africa--they have the industrial backbone.
We have neither; we cant use natural resources we have because of environmentalism and regulation and an inept and corrupt political system. We have lost a large part of our industrial base having outsourced that to China.
All you have to do is push on the house of cards and it will tumbler. China and Russia have enough gold to back a gold and oil backed world currency.
We weaponized the FRN first ...
Greed.Yep. And weren't smart enough to keep it that way.
This is all super unnerving.
For the President of Kenya to come out and say that?
Unless it’s for nefarious purposes to spook the crowd, his tweet shows the entire world knows how bad this is.
Yes, exactly!"In politics, nothing happens by accident. If it happens, you can bet it was planned that way."
— Franklin D. Roosevelt