It's not going to happen, because it's all corrupt, but here's how it would work in a world where folks follow the rules:
When you short a stock, what you're doing is selling a stock that you do not have. You still have to get enough shares of the stock by the end of the day to deliver them to the buyer. Where this works to your advantage is if the price of the stock goes down later in the day, because you could have sold a stock for $100 and then bought it for $90, making $10.
But it can also go the other way, where the price of the stock rises after the sale, and you lose money. So you sold the stock for $100 but then it goes up to $110 and you've lost $10.
Now what happens if no one is willing to sell to you? You've got to offer more and more money until someone agrees to sell.
But the market is rigged, so we'll never see gme hit the moon.
The bank teller must ask you questions to complete IRS Form 8300. If you appear to not be telling the truth, they secretly file a Suspicious Activity Report with the government.
If you want to move money from one account to another, I'd recommend a cashier's check or a wire transfer to do it all in one shot. If you want to actually hold the cash, you should make an appointment and be prepared to make multiple visits over a period of time, because honestly bank branches don't actually hold that much cash.
AFAIK, nothing bad actually happens to you. Unless you're engaged in criminal activity.
Please don't use DDG. They're super woke.
Technically true, but false
They will not use taxpayer funds for the bailout. They will use 2 other sources of funds for the bailout:
- The FDIC is going to impose a special assessment on all other banks. That sounds good until you realize the banks are funded by their customers, so their customers will bear the burden.
- The Fed will print more money. This devalues the dollar for everyone holding dollars.
So yeah, taxpayer funds will not be used, but we're going to stealthily take money from other bank customers and anyone holding dollars.
Kim Dotcom is trolling us. He has been for years.
Look at the timeline of Assange's past 13 years.
- In 2010 he leaks some US Military docs.
- In November of 2010, Sweden issues a European arrest warrant for some sexual assault charges (probably false, but I don't really know for sure)
- In June of 2012 he loses his appeal of the extradition to Sweden and holes himself up in the Ecuadorian embassy in London. Ecuador grants him asylum a few months later.
- In 2019 Sweden drops their charges, and in April of 2019 the Ecuadorian embassy invites the police in to arrest Assange. Assange is charged with fleeing while on bail, and sentenced to 50 weeks in a maximum security prison in the UK.
- Surprise surprise, in May of 2019 the US unveils new charges against Assange and want him extradited.
- In July of 2022, Assange appeals the extradition
At no point in this story does Assange have unfettered access to his company or the secrets they hold. He was under constant surveillance for at least 10 years if not longer. He's been in a maximum security prison since 2019, and before that he was hiding out in the Ecuadorian embassy for 7 years.
The idea that he knows the real details behind the Ukraine war, COVID-19, and the Nordstream pipeline is absurd. I sincerely doubt way back in 2010 he had access to a document that said, "Russia engages in conflict with Ukraine in 2022, COVID comes out in 2019, and the Nordstream pipeline gets attacked in 2022.” And I sincerely doubt anyone would have been able to pass him that information since his time in the Ecuadorian embassy, and certainly not while he was imprisoned.
He may have found some deep secrets from 2010, and they may still be relevant today. But I can't believe he knows the details of current events as implied by Kim Dotcom.
Cash management accounts exist to automatically sweep money between multiple banks to maximize FDIC coverage. These programs (https://www.moneycrashers.com/best-cash-management-accounts) can do $1-2M in FDIC coverage with debit cards, ATM, and check writing access. That should be enough for wealthy folks to manage their day-to-day spending. Anything beyond that should go into federal bonds which are protected by the 14th amendment to the US Constitution. Large purchases, like houses, boats, aircraft, etc. can be planned for in advance.
It's kind of a standard plan for high net worth individuals. I'd be very surprised if Oprah was keeping $500M in a regular bank.
Lyin Ted is a coward and a traitor to the Republic.