Clearly there is misdirection. I am still trying to figure out the real intent of this. Originally I said "to tell their buddies whats coming" but I am not convinced.
My guess - they are not going to freeze the banks the way he says. In reality it will be far more messy. Companies will default and the defaults will cascade. Bankers might get arrested, all kinds of crazy stuff might happen when the bubble bursts.
When things like this happens people might demand action, or demand they be taken care of. By spreading this "freeze beyond anyone's control" they might hope people just keep shut or feel helpless and curl of somewhere.
But regardless, the part about ATMs, bank accounts not working etc is correct.
I think like always, a bunch of misdirection sprinkled with some truth.
Clearly there is misdirection. I am still trying to figure out the real intent of this. Originally I said "to tell their buddies whats coming" but I am not convinced.
My guess - they are not going to freeze the banks the way he says. In reality it will be far more messy. Companies will default and the defaults will cascade. Bankers might get arrested, all kinds of crazy stuff might happen when the bubble bursts.
When things like this happens people might demand action, or demand they be taken care of. By spreading this "freeze beyond anyone's control" they might hope people just keep shut or feel helpless and curl of somewhere.
But regardless, the part about ATMs, bank accounts not working etc is correct.