Should you withdraw money from the bank due to that the USA likes to follow China

This is a bit old, but it could happen in Canada, Australia and the USA.
Better get to the bank IMHO.

medicalkidnap.com... ds/

By the way, food banks in Japan are running VERY short of donations. Is there a food shortage going on here? People are poor and hurting financially unless you work for the government. Small businesses are still dreaming . I wish I could post some pictures of our downtown here but for some reason just can't upload any new photos and I'm doing everything right too.

a reply to: musicismagic

What money? 64% of America lived paycheck to paycheck before COVID...

money.usnews.com...

a reply to: musicismagic

If that actually happens, of what use will the paper money you have be? I am not pushing a wheelbarrow full of money to a store for a loaf of bread.

There hasent been any real money since we went off the gold standard. Just promises of value based on trust. At the moment that trust is getting very weak.

a reply to: musicismagic

Get to your pictures / uploads here: img.abovetopsecret.com...

originally posted by: putnam6
a reply to: musicismagic

What money? 64% of America lived paycheck to paycheck before COVID...

money.usnews.com...

Not to thread drift, but the majority just must be in that position because they are unable to live within their means.
I watch a lot of Dave Ramsey, and I see so many videos of people calling in with an income of 100k plus , and yet they are deep in debt and struggling to make ends meet!
I know college is expensive (it's a debt trap scam) , but I think it's more than just that. Their whole lifestyles are often so inflated, wanting the newest of everything RIGHT NOW etc
I have a small income (lets just say less than 50k) and I have managed to save more than 50k. Granted , I didn't have to pay for college , but that would have been paid of then either way by now with money left .

a reply to: infolurker

You forgot to specify that they be .jpg . Apple products and some other systems use an extra letter in their formatting.

When the 2008 GFC hit, most where caught unaware as the banks suddenly shut down. Having some cash on hand will at least help in the short term should a sustained bank failure occur.

With the WEF pushing a CBDC, the globalists appear to be trying to capture all the national currency control around the world. As for how successful such a plan will be when pushing for it too hard and fast, going to have a lot of running in problems if it does work. Might not?

However it plays out, it is not the first time nations have dealt with currency issues. We have made it this far, hang in there.

a reply to: ancientlight

That is so far from the average.. I myself live 250% below poverty level and guess what I have 0 debt.. people with money have money problems. The rest of us know how to manage our measly earnings thank you.

Most of us go without food and rather have the internet or a cheap cell phone because entertainment and distractions can hide food hunger pains.

Just because some rich snob is in debt doesn't mean people are living out of their means. 100k is rich, but my guess is you must have millions to be that damn biased when at least 20% of Americans make less then 10,000$ a year.

Considering you seem to think that is the average income, I would love to see you manage rent, food, electric and water on less then 1grand a month(note it is impossible you have to share a house with a stranger or friend average rent is between 2+3k with the lowest I have seen at 1200 for a shack on a railroad track, and none of this includes utilities). Those people with 100k a year know nothing of real struggle when you have to choose between entertainment that helps you skip 60 meals a month or buying a backpack for your kids at 10% of your income. And suffering because you are literally starving yourself to afford standard living.

Then have a new bill from hospitals for thousands because you find out that 800calories can't support your body's organs and normal function let alone day to day activity on top of it. So you wind up in organ failure, which is more problems. Because you begin looking like a cancer patient as your hair falls out. Your body depletes of calcium and vitamin d and slamming your finger literally shaves your bone like an apple peeler. And it breaks so easy it doesn't even break the skin because you are just that deficient.


Don't get me started on what happens when your iron levels drop, and the effect it has on your teeth. I have had to take out LOANShark loans to buy vitamins just so I didn't fricken die because food is so expensive to afford eating even once daily. At this current time I am lucky if I eat once every 2-3 days.

To put it even more into perspective in the real struggles of the poor. I haven't taken a dump in almost a week and it isn't because of constipation. You don't crap if you don't eat, and that is the truth.

Life is hell out there for people like me who STRUGGLE And this is my experience.

originally posted by: infolurker
a reply to: musicismagic

Get to your pictures / uploads here: img.abovetopsecret.com...

That was penned pre covid.

The old testament God was way cooler he would smite civilizations and rulers and kingdoms deemed unfit for earth and mankind.

Having cash on hand, like businesses do (petty cash drawer) should be a standard operating procedure IMO. This reminds me of one scene in the movie "Panic in the Year Zero" starring Ray Milland.

Panic in Year Zero! (a.k.a. End of the World) is a 1962 American black-and-white survival science fiction film from American International Pictures, produced by Arnold Houghland and Lou Rusoff, directed by Ray Milland, who also stars with Jean Hagen, Frankie Avalon, Mary Mitchel, and Joan Freeman.

en.wikipedia.org...!

In this scene, they were on the road heading out for a camping trip when the bombs fell. They stopped at the first general/hardware/gas station type store in some hick town and spent all their cash on hand, told the store owner what was happening after the sale and to close shop before everyone else came for his supplies.

ETA: Ammo was big on their shopping list for the extra supplies they purchased with the cash they were carrying.

a reply to: MichiganSwampBuck

Having cash on hand, like businesses do (petty cash drawer) should be a standard operating procedure IMO.

Learned that the hard way when i woke up on a friday afternoon after a nightshift and lost my wallet.

originally posted by: BlackArrow
a reply to: ancientlight

That is so far from the average.. I myself live 250% below poverty level and guess what I have 0 debt.. people with money have money problems. The rest of us know how to manage our measly earnings thank you.

Most of us go without food and rather have the internet or a cheap cell phone because entertainment and distractions can hide food hunger pains.

Just because some rich snob is in debt doesn't mean people are living out of their means. 100k is rich, but my guess is you must have millions to be that damn biased when at least 20% of Americans make less then 10,000$ a year.

Considering you seem to think that is the average income, I would love to see you manage rent, food, electric and water on less then 1grand a month(note it is impossible you have to share a house with a stranger or friend average rent is between 2+3k with the lowest I have seen at 1200 for a shack on a railroad track, and none of this includes utilities). Those people with 100k a year know nothing of real struggle when you have to choose between entertainment that helps you skip 60 meals a month or buying a backpack for your kids at 10% of your income. And suffering because you are literally starving yourself to afford standard living.

Then have a new bill from hospitals for thousands because you find out that 800calories can't support your body's organs and normal function let alone day to day activity on top of it. So you wind up in organ failure, which is more problems. Because you begin looking like a cancer patient as your hair falls out. Your body depletes of calcium and vitamin d and slamming your finger literally shaves your bone like an apple peeler. And it breaks so easy it doesn't even break the skin because you are just that deficient.


Don't get me started on what happens when your iron levels drop, and the effect it has on your teeth. I have had to take out LOANShark loans to buy vitamins just so I didn't fricken die because food is so expensive to afford eating even once daily. At this current time I am lucky if I eat once every 2-3 days.

To put it even more into perspective in the real struggles of the poor. I haven't taken a dump in almost a week and it isn't because of constipation. You don't crap if you don't eat, and that is the truth.

Life is hell out there for people like me who STRUGGLE And this is my experience.

Whoaaa ,calm your horses! I am not rich by any means, that' what I said . I always think you have very wise and insightful posts here (maybe not this time, but otherwise )
If you're in Florida I could help you ?

a reply to: ancientlight

Sorry, I had a pretty bad past couple of days. Think the solar flare kinda made me a bit more emotional. I wasn't trying to attack you by any means. But there are people in the world that believe 100k is what poor people make. So I wanted to give a crash course reality check to those types of people. It wasn't 100% directed at you but that line of thinking. I should of included the quote I was referring to, but it was super late. So I will add it here.

I see so many videos of people calling in with an income of 100k plus , and yet they are deep in debt and struggling to make ends meet!

These people whine and complain with 2-3million dollar houses, often several of them (pre-inflation, after inflation probably 5-10million). Then they get mad they can't afford their 10th new vacation home because inflation hit the market. I've seen it a lot, and they act like they have all the world's problems because of it.

It is a standard line of thinking for the wealthy, and they think everyone else by default chose to be at a certain income level. It is that kind of mentality that causes a lot of issues people see and experience. Because they are also the one's with the most pull in politics. "We want to help the people who need it most" but they NEVER do. Because even if they 'donate' for tax write offs which is something they do heavily, it's often just passed to the next richest person who uses the money as 'non-profit' and claim they need a house, car, or something else to support their charity. So next to none of the money actually ever see's people who need it.


Note: I apologize if that post seemed overly direct to you, missing a quotation can usually throw things off a major course when it's not included in the post. I normally go back read and edit it a few times. But honestly I PTFO and didn't really proof read anything. Most of my posts take a good 5-6 edit's before i'm happy with it.

originally posted by: BlackArrow
a reply to: ancientlight

Sorry, I had a pretty bad past couple of days. Think the solar flare kinda made me a bit more emotional. I wasn't trying to attack you by any means. But there are people in the world that believe 100k is what poor people make. So I wanted to give a crash course reality check to those types of people. It wasn't 100% directed at you but that line of thinking. I should of included the quote I was referring to, but it was super late. So I will add it here.

I see so many videos of people calling in with an income of 100k plus , and yet they are deep in debt and struggling to make ends meet!

These people whine and complain with 2-3million dollar houses, often several of them (reinflation, after inflation probably 5-10million). Then they get mad they can't afford their 10th new vacation home because inflation hit the market. I've seen it a lot, and they act like they have all the world's problems because of it.


Note: I apologize if that post seemed overly direct to you, missing a quotation can usually throw things off a major course when it's not included in the post. I normally go back read and edit it a few times. But honestly I PTFO and didn't really proof read anything. Most of my posts take a good 5-6 edit's before i'm happy with it.

No problem. I think 100k is rich too, that's why I can't understand how they can be in any debt.
But your hunger concerns me still now. Nobody should have to be that hungry. If you would like to talk in PM feel free to message me , maybe I can help

a reply to: ancientlight

I will pm, as I rather not derail the thread further.

As to the OP given the crap I been through, I will probably say it isn't wise to withdraw ALL funds and that kind of bank rush will cause a problem, Don't keep them in a bank account directly. Meaning 'spend the money on stocks and **GOVERNMENT bonds, and leave it there. Ownership of stocks is ownership of a business and you only lose those if that business goes under. This type of thing will aid most people in any transition to a new currency in the event of collapse as companies will be the first one's to make the adjustment to the new system. As long as they 'own' product.

As there is literally zero reason to have a large sum of cash hidden away at your house - when crap gets bad and you 'might' suffer a few break-ins you can wind up losing everything you hide, and this doesn't count the fact that 'dollar' could become obsolete in a currency collapse. If the money is left in the bank itself. IE - a savings account, you might just have an issue and would be better off buying precious metals to store in a lockbox because even insured banks are only insured to a small % of what they actually hold and move. So someone somewhere will be getting screwed.

At the very least I would move it over to a brokerage, since they are less inclined on spending your money(because *YOU* want to buy a stock on a split second notice; they would need that cash on hand to pay for it: which means you can purchase stocks at the faintest whiff of an economic collapse). So unless you have a management team on your account most of your funds will remain safe as long as *you* yourself directly control your account w/o anyone elses input.

Here's the neat thing about stocks, a stock can drop to 0, but as long as you don't sell it you can still own those shares at 0 value (technically they are 'certificated at the bank' who did the transaction. So in reality, you can still get your money back as long as the company remains standing. If a broker goes bankrupt themselves your accounts will actually transfer to a different company and your value still remains the same (because broker's are holders of titles and ownership, which is different then banks - which are borrowers and lenders). The company for the stocks you own have to literally cease to exist or file bankruptcy in order for the value to be absolutely 0(which has to be approved by courts) and even then you can request the certificate of said stock and still have the value of the paper it was printed on.

(Please Note: Requesting the original certificate of a stock means your bank/brokerage no longer hold's that stock certificate. You can always request a 'copy' of your stock certificates without moving ownership).