Let’s Predict how this Banking Bleep Show goes down

Right now there is censored chaos.

From what we know three banks have failed. Stocks are down for a lot of banks.
The Chinese are pulling funds out of Swiss banks in massive amounts… The auto industry is on the verge of total collapse.

So what will transpire next? Here’s some of my predictions and some things I’ve heard.

People get real spooked when it comes to money and I think more Americans will start pulling cash. We know what happens, when that happens.
It will be like the Toilet Paper Hoard of 2020. In my heart of hearts, I believe this is EXACTLY what those in power want us to do, to crash the system and prove that we need a new and better way of banking…. IE digital currency.. They already started this during Covid by getting rid of pesky change.

What I’ve heard from others… GG33 a master numerologist says that Chase will be a safe bank while others will fall..
Believe him or not, but he has a great track record.

Of course this in addition to more and more layoffs and you have a perfect storm.

We all know the super rich will be untouched and the poor, well they don’t have a lot in banks so they are also untouched……so guess who gets the red hot poker in the rear again. You got it, the Middle Class. Just like 2008, and the Great Depression, some money is probably going to vanish into thin air…. I guess too many were getting too rich and comfortable and they needed to bring them down a notch. There is also a gigantic missing labor group comprised mostly of Gen X. They need every Gen X body in the workplace what better way to do it than to force their hand.

Everyone add your two cents how this goes down!

a reply to: JAGStorm

If people panic, as you predict, and rush to pull all their cash out of otherwise healthy banks, because they have lost their faith in the banking system...

Why would those same people ever put their faith, not to mention their cash in a digital system?

And don't you think "those in power" already realize that if they can't maintain the public's trust in the existing bank system, they'll never be able to convince the public to switch over to a new, digital system...where the public won't even be able to hold on to solid (though worthless) coins and paper currency?

originally posted by: Mantiss2021
a reply to: JAGStorm

If people panic, as you predict, and rush to pull all their cash out of otherwise healthy banks, because they have lost their faith in the banking system...

Why would those same people ever put their faith, not to mention their cash in a digital system?

And don't you think "those in power" already realize that if they can't maintain the public's trust in the existing bank system, they'll never be able to convince the public to switch over to a new, digital system...where the public won't even be able to hold on to solid (though worthless) coins and paper currency?

By that logic, why do you pay taxes? Sometimes we are forced to do things we don’t want because of laws…

What if all employers are on board and say they will only pay digitally?

It is EASY for the government to force us to do things we don’t like. Look at all the tens of thousands of silly laws, rules and regulations. Toll roads, heck EVEN our time is manipulated because of the government, daylight savings!
You can’t even fish or have a fire without a permit or license!

Covid was a great test run, no mask no service.

No digital, no service.
Sure there might be some stragglers, but for the most part people want food, clothing and shelter and will pay for it digitally. We already do so with debit cards. This would be the final push.

a reply to: JAGStorm

S+F

Correct.

Crash all regional/small banks and herd people to the few money center banks close to the PARTY/Congress/Globalists, and from these few choke points, much much easier to implement a Serf-like CBDC.

Top four banks can easily coordinate policies and Globalists have few banks to check for implementation of CBDC.

Post legitimate criticism of Joe Biden on ATS ?
Hmmmmm....your words are VIOLENCE....so, your savings have been cancelled.
Report immediately to Joe Biden, serf !!

If you let him sniff your hair, he *might* restore some of your savings.....

a reply to: JAGStorm


Things are going to get worse. There will be a tsunami of defaults on loans, credit cards. I saw 5 eviction letters in my neighbors doors just last month. Pendulum is going to swing hard!

The goal of the Central Bank (Fed) is to bankrupt the FDIC. When they accomplish this, and they will, they will offer the solution, CBDC as the ONLY alternative for fixing the issue. Problem-Reaction-Solution....Done.

Bank of Japan
Follow it
Tourism may come to a complete halt here in this country
Again all businesess that cater to the travel industry collapses
Food prices now are hitting everyone hard including the wealthy
Its a known fact overseas, JB screwed up the world

a reply to: JAGStorm

This is old news.

a reply to: JAGStorm
I predict an economic slump for a few years as well we some new bogus government policy to give the illusion that they give a $h1t.

The scumbags who collapsed the system from their own greed will not be punished and will not lose any wealth. Subsequently they'll operate in a similar corrupt fashion under a new bank name in the future.

Like Richard Gentile.

this piece of crap

He gutted Lehman brothers causing a cascade of everyday folks' portfolios to get crushed. Zero punishment for that. He then joins SVB and cashes out all his stock just before the collapse.

Expect a repeat of this in the next decade.

a reply to: AgarthaSeed

I predict an economic slump for a few years as well we some new bogus government policy to give the illusion that they give a $h1t.

Before that bank collapsed in Cali they gave all the executives bonuses.

Need to go back to small local banks so that any risk can be easily contained. Retail banking and investment banking need to be separated. Repeal glass-steagall.

No bank should be "systematically important" or too big too fail.

a reply to: Mantiss2021

You won't have a choice.

Cliff High is expecting around 3 months until the dam breaks from the systemic cracks we are seeing so far. The CBDC is not even close to being ready in time to take over.

For another perspective to events:
BODY LANGUAGE - YELLEN ON SILICON VALLEY BANK FAILURE & CEO PLEA

There are a few more short videos on that channel that look into others around this mess. General impression is that the USD is entering the terminal phase. Only congress can kick the can further down the road.

If we do wake up one day as all the ATM's are on the blink, then each state taking control and setting up its own treasury looks to be a more reasonable approach to keep something working that can handle the local logistical issues.

If the WEF thinks they can get more control by fracturing the global economy, they need to get off the crack. People are going to be too concerned about there own back yard too bother with what some globalist that helped create this mess thinks.

Cryptos, gold, silver and other metals are going up as people look for something they can trust to trade.

a reply to: JAGStorm

Before that bank collapsed in Cali they gave all the executives bonuses.

They knew it was coming. The rise in interest rates is starting to bring down those that have over leveraged. With no end in sight for the interest rates rise as the money printing machine has been working overtime, this is just the beginning.

When seeing the carnage during the 1980's as home loan rates went up to 15-20%, it just looked like a matter of time until it was to happen again.

a reply to: JAGStorm

Do you see a Rothschild panicking?

Let’s Predict how this Banking Bleep Show goes down

I predict it goes according to plan.

a reply to: Mantiss2021

Because it's shiny and new. And people are stupid when they get together with other people

Good news for millionaires that parked money in fixed rate accounts.

The Bank Term Funding Program was announced Sunday evening after a third bank failed since last Wednesday. There are now no limits to deposit protection. The previous cap was $250,000 per customer. Prior to the financial crisis of 2008, it was $100,000.

So maybe no more bank runs.

a reply to: JAGStorm

The Fed will attempt a CDBC rollout, but I believe they will fail.

Bitcoin is the future of money. It is the only system that destroys the entire concept of a system where there are those in power that can create for free what everyone else has to work for.

originally posted by: ketsuko
a reply to: Mantiss2021

You won't have a choice.

There is always a choice... in this case, the best by far is bitcoin.

It's a herd of goats measuring horns while the sheeples make porridge. When ATS is another C word the factual value to any of such will show to be miniscule for the sake of a few words.
It's extremely silly really is all it is, just so you know.
Not to mention the glamour of a few nutshells found on the side of the road when you play with a butter knife you will crush like the shell you encased it in.
a reply to: JAGStorm