Central Bank prepared to step in with "Emergency Measures".
Please note that none of this is to YOUR benefit.
The "emergency measures" are probably for the Central Bank management and their friends to quickly deplete their accounts and transfer funds before the collapse.
This is what happened when the public started making bank runs in 1929. People literally woke up, heard about the markets collapsing from their neighbors, went to the bank to get their money, and found the banks either closed with a note on the doors, or were told they had no money left to withdraw.
Suicides in the first few days-weeks of the Depression skyrocketed, just like they did during the Housing Market Crash of 2007/08. I know more than a few people who lost everything and woke up to dead husbands or wives, as a result. Financial traders and those unfortunate enough to get roped into the sub-prime lending abuse were literally jumping out of windows or off rooves in the early days of 2008.
Get whatever money you can out of the banks now while you still can.
Yes, I know that will cause bank runs, of sorts, but it's better to have it physically in your hands, than find out later you have nothing and won't be able to feed your families.
The Fed can legally withhold your money from you in the event a market crash happens, and they will, in the interest of "safety and security." This is one of the first steps of "stepping in with emergency measures." Trust me when I tell you when the Federal Govt comes in and says, "This so for your own safety and security," it is for neither. Doesn't matter if it's a LEO officer telling you this, or the Dept of Treasury telling you this. Your safety and security is not [their] concern.
They can and will force banks and financial trading corpses to remain closed, indefinitely, if need be. Banks in 1929 were closed for weeks, a lot never reopened. Only the larger medium sized and large sized companies were left with any real holdings. Small businesses and private citizen bank and stock holdings accounts were literally bled dry in a matter of hours once the news started spreading that things weren't right with the markets. Back then that took a few days to catch on with anyone outside the financial sector. Those with inside knowledge of the collapse were able to save what they could, but even then, they lost almost everything, relatively speaking. Everyone else were left with nothing and even low level millionaires were forced into the bread lines. This time around, what with modern technology what it is today, news spreads within minutes if not seconds, so plan accordingly.
Get right with God, get your houses in order, and prepare for the worst, while hoping for the best. Somewhere in the middle of that is where things will take place, but make no mistake, things are about to get real ugly, real fast.
Central Bank prepared to step in with "Emergency Measures".
Please note that none of this is to YOUR benefit.
The "emergency measures" are probably for the Central Bank management and their friends to quickly deplete their accounts and transfer funds before the collapse.
This is what happened when the public started making bank runs in 1929. People literally woke up, heard about the markets collapsing from their neighbors, went to the bank to get their money, and found the banks either closed with a note on the doors, or were told they had no money left to withdraw.
Suicides in the first few days-weeks of the Depression skyrocketed, just like they did during the Housing Market Crash of 2007/08. I know more than a few people who lost everything and woke up to dead husbands or wives, as a result. Financial traders and those unfortunate enough to get roped into the sub-prime lending abuse were literally jumping out of windows or off rooves in the early days of 2008.
Get whatever money you can out of the banks now while you still can.
Yes, I know that will cause bank runs, of sorts, but it's better to have it physically in your hands, than find out later you have nothing and won't be able to feed your families.
The Fed can legally withhold your money from you in the event a market crash happens, and they will, in the interest of "safety and security." This is one of the first steps of "stepping in with emergency measures." Trust me when I tell you when the Federal Govt comes in and says, "This so for your own safety and security," it is for neither. Doesn't matter if it's a LEO officer telling you this, or the Dept of Treasury telling you this. Your safety and security is not [their] concern.
They can and will force banks and financial trading corpses to remain closed, indefinitely, if need be. Banks in 1929 were closed for weeks, a lot never reopened. Only the larger medium sized and large sized companies were left with any real holdings. Small businesses and private citizen bank and stock holdings accounts were literally bled dry in a matter of hours once the news started spreading that things weren't right with the markets. Back then that took a few days to catch on with anyone outside the financial sector. Those with inside knowledge of the collapse were able to save what they could, but even then, they lost almost everything, relatively speaking. Everyone else were left with nothing and even low level millionaires were forced into the bread lines. This time around, what with modern technology what it is today, news spreads within minutes if not seconds, so plan accordingly.
Get right with God, get your houses in order, and prepare for the worst, while hoping for the best. Somewhere in the middle of that is where things will take place, but make no mistake, things are about to get real ugly, real fast.
That might be even scarier than the old line
"We're from the government and we're here to help." where they conveniently left out the last part of their mission statement...
"OURSELVES TO YOUR WEALTH''.
In this case it would be:
This administration won't even use the word help. They will send an illegal in a suit to give you a postcard that reads we took your money.
They don't have to pretend as they own it already.
...exactly...
https://archive.ph/wip/c1bYh
Tell us the end of our modern financial system is here, without telling us the end of our modern financial system is here.
...apparently so...
Oh good, Blackrock will be saved.
now that is reassuring! /s
...howls...
Step into what? Sh!t? If they put more $ into the system it will only be temporary and just get worse.
If the fed tries to step in with "emergency measures" I think they will be stopped. This is the beginning of the end for them! NCSWC.
...who will do the "stopping"?
Have faith it will be stopped.
Would this include transferring all stock into DRS too?