People have been discussing the "10 day" event and the "scare" event theorizing that it may be linked to nuclear event from NATO/ Ukraine/ Russia. What if the event is actually linked to our access to money?
Many of the financial systems around the world are interconnected through investments. All it takes is for one of them to go down all the rest will follow shortly after. Banks will close down, ATM's will be turned off, access to your cash will be placed on a temporary hold.
We know Biden is destroying our currency, the stock market is taking massive hits, we have the China real estate crisis, European financial system is going down fast. Cutting energy delivery to Europe will hasten this collapse. European industry will be forced to shut down.
If a lack of access to cash turned in to a worldwide scenario, I think it would be more of a scare event than Russia bombing a target in Ukraine.
The current financial system needs to be destroyed. The Federal Reserve, international banking system, IMF and Tri-City establishment needs to go bye bye. Totally destroying the financial system we have in place today is the only way to get rid of it.
The 10 day event and scare event will most likely happen simultaneously. Stopping all access to the banking industry, pausing society as a whole, cutting communications, interrupting internet. Whole world comes to a stop. People will think the sky is falling.
Be prepared, we don't know when it will happen. If I had to guess, soon. Have everything you need to live for a couple weeks. Stock up, have cash tucked away, keep your gas tanks full. It is better to be prepared and not need it than vice versa.
Stay safe my frens
WWG1WGA!!!
So many people use cards now and don't carry any cash. There's been bank issues where retail terminals stop working and cause chaos, so a financial scare event would be very effective.
Something like 15 years ago a satellite went down that effected ATM and debit cards for a single day. I was working at a gas station at the time. People lost their fucking minds. Ten days to roll out a new system......sounds kinda precipice-ey
Minor datefag: it looks like there is a countdown to Oct7 (9-24 on Julian calendar) with some event on Oct8. 10 days from that countdown on Oct7 is Monday, October 17. Could 10-17 be a Big Black Monday for the stockmarket and financial firms? Looks like UK already having serious problems and we are only 6 days to 10-7 now.
A lot of big crashes seem to happen in October for some reason. As an FYI both UK and AU central banks have been doing silly things with Bond markets and have losses in the hundreds of billions of dollars and have started up the printing presses again to "quantitatively ease" the situation.
I am just a minor anon here - but markets seem to do better in the summer, and seem to deflate in the fall, in my experience.
I am not a deep diver, but any other anon with skills, please contribute.
Why does it 'look like' that
Use a debit card! Every swipe of a credit card creates new currency that is now owed with interest. Its not like you are borrowing extant currency. It devalues every dollar in circulation and strengthens the grip of the harry potter goblins.
No interest owed if proper management of credit cards. Pay the bill on time the whole bill, no interest will accrue and most cards points are added.
Cool story. Im talking about the monetary system writ large, not your personal finances. Are you familiar with fractional reserve banking?
This is what I do. I use a credit card to pay for everything (ok, I like that I get miles for flying), but I know my budget and pay it off every two weeks with my bank account, never accruing debt. It is just easier and safer to use than my bank debit card.
I mainly don’t use debit cards because security reasons. If card gets stolen and used it is very inconvenient if paying bills w same account . W credit card it is inconvenient but not as much.
Heard that. If they get the debit card they can drain you.
Yes I mainly do not use debit for the fraud security issues which could be very inconvenient cashlfow wise for bill paying etc.
That's not how credit cards work. You aren't using someone else's money. You're creating new currency that is owed to goblins, which did not previously exist in the system. I was correct then, and I'm correct now. Just use cash.
That's not how credit cards work. You aren't using someone else's money. You're creating new currency that is owed to goblins, which did not previously exist in the system. I was correct then, and I'm correct now. Just use cash.
I understand that. I think ensuring we all still have the OPTION for cash in a physical sense is really important. It's also good to be a prepper and know how to survive without modern conveniences; even if just for a few days/weeks.