I agree. Most likely something similar to what you described.
Note that the "no bailout" narrative was immediately pushed in a coordinated way by at least 15 MSM outlets starting today (Sunday). This means it is likely a setup to get people to beg for a bailout so they can then say: "Well, we didn't think it was a good idea, but we were forced to do against our better judgement due to the nature of the emergency." Same BS play they ran in 2008 that they will TRY to run now.
However, I believe their BS play is going to get called out, and they will actually NOT get a bailout like they want. Some individual depositors may get "bailed out" in terms of getting some uninsured deposits back. But this looks like an EO13818 seizure of assets to me, just disguised as a bank failure for the normies. Now they have to sort out assets of the criminals (and CCP) from individuals that may have become collateral damage, and selective restoration of funds is a nice clean way to do that, imo.
I agree. Most likely something similar to what you described.
Note that the "no bailout" narrative was immediately pushed in a coordinated way by at least 15 MSM outlets starting today (Sunday). This means it is likely a setup to get people to beg for a bailout so they can then say: "Well, we didn't think it was a good idea, but we were forced to do against our better judgement due to the nature of the emergency." Same BS play they ran in 2008 that they will TRY to run now.
However, I believe their BS play is going to get called out, and they will actually NOT get a bailout like they want. Some individual depositors may get "bailed out" in terms of getting some uninsured deposits back. But this looks like an EO seizure of assets to me, just disguised as a bank failure for the normies. Now they have to sort out assets of the criminals (and CCP) from individuals that may have become collateral damage, and selective restoration of funds is a nice clean way to do that, imo.