I get it.. they’re going belly up and not protecting the little guy taxpayer. Amd we’re all screwed
But how does it trickle and spill over from one to another? How is the stock market tied in, gold and silver tied in, China/Russia, fed reserve printing like its going out of style, hyperinflation, bailing out other countries banks. WTH? So confusing!!!
Any links or info I can use to fully understand this would be Great!
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Your asking alot. It's all connected but explaining everything is a big ask. I can give you a piece. Fractional banking. For evey 1000 dollars deposit the bank uses that (asset) to loan out 10,000 dollars in loans. Now up scale this 10,000 times. The banks are loaning out ( pretend money) but do not have ( real dollars) to cover their loans. A bank run quickly drains the banks fractional reserves ( peoples savings) trying to cover withdrawals. Credit swapps are banks borrowing from other banks to cover debt. It dominoes and infects them all. A ponzi scheme and the house of cards comes crashing down. Their is no money just pretend numbers, think of your 401k and the hundreds of thousands you've saved your whole life. Now realize, it's not their nothing is it's all gone, fake, and stolen, but in pretend world you have saved hundreds of thousands of dollars. Guess what, it's all gone.
Thank you!!