There are some really good threads on the fall of the banks on Twitter right now. It's going to be a contagion and it's already started. Started with Silvergate and it's continuing throughout the sector. Hedge funds are starting to move funds out of a lot of the banks, which WILL lead to a liquidity crisis and ultimately bank runs. This is not investment advice, but I'd have cash on hand. If you currently only have one bank account, open a second or third with a credit union or local bank.
The Dodd-Frank act allowed for legal bail-ins. Essentially your dollars will become "stock" in the bank or institution and you will be able to only use a finite amount at any given time per bank. I also suggest researching how heavily invested your bank is in the derivatives market.
This could all be planned to push for the CBDC (FedCoin) that's allegedly supposed to slowly roll out in July of this year. Be prepared. The FDIC can't even insure 1 percent of the money in bank accounts. The system will go down on a Friday night and the panic will ensue the following Monday, with as much damage control from the FDIC, treasury, FED, etc.
PREPARE WHILE YOU CAN. I have no clue if it's going to happen today or in 5 years (It's not going to take 5 years), but the collapse of our current debt based system is inevitable.
There are some really good threads on the fall of the banks on Twitter right now. It's going to be a contagion and it's already started. Started with Silvergate and it's continuing throughout the sector. Hedge funds are starting to move funds out of a lot of the banks, which WILL lead to a liquidity crisis and ultimately bank runs. This is not investment advice, but I'd have cash on hand. If you currently only have one bank account, open a second or third with a credit union or local bank.
The Dodd-Frank act allowed for legal bail-ins. Essentially your dollars will become "stock" in the bank or institution and you will be able to only use a finite amount at any given time per bank. I also suggest researching how heavily invested your bank is in the derivatives market.
This could all be planned to push for the CBDC (FedCoin) that's allegedly supposed to slowly roll out in July of this year. Be prepared. The FDIC can't even insure 1 percent of the money in bank accounts. The system will go down on a Friday night and the panic will ensure the following Monday, with as much damage control from the FDIC, treasury, FED, etc.
PREPARE WHILE YOU CAN. I have no clue if it's going to happen today or in 5 years (It's not going to take 5 years), but the collapse of our current debt based system is inevitable.
There are some really good threads on the fall of the banks on Twitter right now. It's going to be a contagion and it's already started. Started with Silvergate and it's continuing throughout the sector. Hedge funds are starting to move funds out of a lot of the banks, which WILL lead to a liquidity crisis and ultimately bank runs. This is not investment advice, but I'd have cash on hand. If you currently only have bank account, open a second or third with a credit union or local bank.
The Dodd-Frank act allowed for legal bail-ins. Essentially your dollars will become "stock" in the bank or institution and you will be able to only use a finite amount at any given time per bank. I also suggest researching how heavily invested your bank is in the derivatives market.
This could all be planned to push for the CBDC (FedCoin) that's allegedly supposed to slowly roll out in July of this year. Be prepared. The FDIC can't even insure 1 percent of the money in bank accounts. The system will go down on a Friday night and the panic will ensure the following Monday, with as much damage control from the FDIC, treasury, FED, etc.
PREPARE WHILE YOU CAN. I have no clue if it's going to happen today or in 5 years (It's not going to take 5 years), but the collapse of our current debt based system is inevitable.
There are some really good threads on the fall of the banks on Twitter right now. It's going to be a contagion and it's already started. Started with Silvergate and it's continuing throughout the sector. Hedge funds are starting to move funds out of a lot of the banks, which WILL lead to a liquidity crises and ultimately bank runs. This is not investment advice, but I'd have cash on hand. If you currently only have bank account, open a second or third with a credit union or local bank.
The Dodd-Frank act allowed for legal bail-ins. Essentially your dollars will become "stock" in the bank or institution and you will be able to only use a finite amount at any given time per bank. I also suggest researching how heavily invested your bank is in the derivatives market.
This could all be planned to push for the CBDC (FedCoin) that's allegedly supposed to slowly roll out in July of this year. Be prepared. The FDIC can't even insure 1 percent of the money in bank accounts. The system will go down on a Friday night and the panic will ensure the following Monday, with as much damage control from the FDIC, treasury, FED, etc.
PREPARE WHILE YOU CAN. I have no clue if it's going to happen today or in 5 years (It's not going to take 5 years), but the collapse of our current debt based system is inevitable.