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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My understanding is that banks were on life support back in 2008. Now the plug is being pulled. Every bank invested all their (our) money and now ppl are coming to collect. Once enough ppl bank run for their money, the bank collapses. Big bank hands them enough money to stay afloat. But once big bank comes for their money, the collapsed bank dies. Low intrest rates from 2020 are coming back to haunt the banks.
Precious metals were always a societies money. As long civilization exists, those will always be money. China and russia are in my opinion are switching to gold currency forcing anyone doing buisness with them to buy gold.
Long story short, dollar dies soon