From a video on YT (sorry!) - channel not associated with this movement but good explanation.
https://www.youtube.com/watch?v=iKuHPtYOsfs
What do you guys think?
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In 2008, major banks eliminated home-equity lines of credit. In 2021, Wells Fargo just eliminated personal lines of credit.
Banks report earnings 14Jul2021.
This is bigger than we all think/know.
Debt ceiling is a paper tiger, made to keep you busy and distracted. If you research debt ceiling, you will find it will ALWAYS accommodate the needs.
My God the debt!
26 trillion Federal Reserve Notes is nothing. Toilet paper has more value and most of it is digits on a screen.
How do you set up a financial hospice to alleviate debt ailing entities (banks as an example)?
Who owns the Federal Reserve Note?
Who owns the debt instruments exchanged for FRN's?
What happens to the value of those instruments when the denomination is ran into the ground?
Can it have a negative value? ( see price of oil in 2020) What does ZIRP and NIRP signal?
Think! And be aware of what happened when you first saw it. What was your emotional response? Why?
You post like Q
Asking questions that are geared towards research and logical thinking, and trying to pierce the veil of fiction?
In your estimation, is that a good or a bad thing?
Trump said worse than 1929 if Biden gets elected.... it's all set up to happen
If that is the Lord’s will, then let it be so! Let us be like Job.
Bank collapse is overdue.
I think we're going to need a bigger boat.
Yellin is a Rockefeller
Thirty oneth lol
I got a chuckle too! :) I was thinking Mike Tyson was an anon. Thirty firth!
No offense to the OP. :)
Well because of the convid I've had to drain a large part of my savings which has lead me to apply for a small loan on Monday from a credit union.
Probably a bad idea but I need to have some repairs on my house before winter
and they are large projects that I cant do myself and I'm not dipping into my silver stacks! What will happen to my loan? Can they demand for it back all at once?
Small credit union loan,is probably ok.
Thanks thats what I was hoping.