Bob Michele (JP Morgan's CIO) on Bloomberg this morning talking about the Fed's emergency BTFP interventions & the liquidity crisis in banks.
He also specifically mentioned Truist Bank 😬
Truist Bank has over $500 billion in assets & could be on the verge of failure along with Charles Schwab
(twitter.com)
💥 BANK COLLAPSE 💥
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Sure, I agree, it was required as people have to reach the precipice. But IMO Q/Military would not allow a plan where people lose their life savings. That would result in 'suicide weekend' for many good conservative patriots. They may lose their savings TEMPORARILY, as part of the precipice. But once cabal is completely destroyed and people are finally awake. The system will be rebuilt and those with their worthless federal reserve notes that were lost will be restored in the new form of currency. Trump continually repeats the best is yet to come. If that means only for PM stackers, I don't think he's being truthful in his statement.
With all the hidden technology, precious metals may become useless, or less valuable. Example: Wireless free energy (Tesla). And that's just one thing we know about.
I would bet that AFTER the white hats take down the cabal the white hats will tabulate everyone's total amount in the bank to roughly the same value as it was before. IDK if it will be in dollars or a new currency but it will have about the same value.
Don't forget, that most of the people who have the big bucks WILL BE GONE - or in Gitmo so it wouldn't be too difficult for the white hats to bring everyone else to roughly where they are now. It might be hard to tabulate it & all though. Maybe keep a few receipts here & there
I agree. And it's not just wishful thinking. It's based on logic. Imagine a plan where everyone who didn't stack PMs go to zero. That's so ridiculous.
Value is dependent on what human society overall deem valuable. If the currency isn't deemed valuable internationally, it won't be as valuable as American Dollars right now.
This could happen but
being dependent on this outcome gives you an excuse to take less responsibilities over your finances which is not good. Don't put yourself in a situation where you can adopt a victim mentality.
This isn't free market Capitalism, this would be Socialism. If you want the freedom, you must ultimately take responsibility for yourself and your finances.
Right now, there is a way for you take responsibility for your finances that prepare you for the days ahead and you don't have to depend on anyone else but yourself. You can take money out of your retirement account and invest in Silver/Gold, Crypto, and resources that will be in-demand during these hard times (bullets, food, medical supplies, garden, prepper stuff, etc.)
It'll be much easier for people to regain their savings with the weights of debt interest and taxation off their backs. The reason why conservative Christians in the end will be successful is their work ethic and worldview. Those federal reserve notes will still go to nothing resulting in everyone in the US monetary system having 0.
You are hoping for things to be true to fit your narrative when you have no idea if its real or not.
It will be much easier to rebuild than you think even without magical hidden technology but there will be suffering. People are pretty amazing with what they can handle and what they can accomplish. They just need a strong leader and spirit.