Financial Reality

    
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Phil
Phil
10 months ago

We have psychotic evil bastards running our government institutions. I rebuke all of them in Christ’s name.

Roth Harbard
10 months ago
Reply to  Phil

And I curse them all in the names of those in the Pantheon. There’s no reason men of honor cannot join forces to fight evil regardless of their spiritual persuasions.

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a follower
a follower
10 months ago
Reply to  Roth Harbard

I was under the impression this was already agreed upon.

173dVietVet
173dVietVet
10 months ago

Important information but unless someone understands the bankster’s jargon, it is difficult to comprehend the dire news being reported in this message.

This site may help: https://www.frbsf.org/research-and-insights/publications/doctor-econ/2001/08/reserve-requirements-ratio/

As I understand this report, banks will not be required to have ANY FUNDS on hand to meet customer demands for cash, to clear the customer’s checks, make monthly auto-pays as directed by the customer, pay the bank’s bills/debts, etc. Previously the banks had to have a percentage of a large amount of the total on deposit. Now the banks can use all money on deposit for bank purposes and not have funds available when you show up to withdraw them.

Most banks will still have funds for customers because they want to keep customers happy, build confidence in the bank, and to meet operating expenses and other bills of the bank. But if you show up to withdraw significant amounts, like $5,000, they may tell you to come back in three days to pick up your money because they don’t have enough on hand to meet your request and those of others wanting to pull out large amounts.

Please consider opening an account at a credit union and start moving the bulk of your cash funds there. Credit unions operate differently and are less prone to being insolvent. Look into it and decide if spreading your cash around to different banks/credit unions is a good plan for you.

kal kal
kal kal
10 months ago
Reply to  173dVietVet

already taking place, many bank are limiting the amount you may withdraw. Or for withdrawals over a certain amount, you have to wait. These days many banks have very little cash on hand, some less than $20K in cash. The book that was recommended here, “The Great Taking” will illustrate to anyone what’s really going on and how bail-ins will rob you.

steve
steve
10 months ago

The “Great Taking” is upon us!

X-Beast
X-Beast
10 months ago

This reminds me of the old Janice Joplin song “Me and Bobby McGee. “Freedom is just another word for nothing left to lose!”

Bigus Macus
Bigus Macus
10 months ago

The writing is on the wall, the end is nigh.

Jane
Jane
10 months ago
Reply to  Bigus Macus

The end is temporarily nigh. Do you think citizens will pay their bills including taxes? Do you feel citizens will stay mute as their lives fall apart due to neocons?

Michael
Michael
10 months ago
Reply to  Jane

Jane sorry but to me and mine the REAL QUESTION is:

How will they REACT and given the Massive Media Propaganda..

To whom will they react to?

Schadenfreude of the possibility of the bankers/Gov.com getting what they “deserve” isn’t biblical.

Romans 12:19 KJV
Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.

Proverbs 24: …17Do not gloat when your enemy falls, and do not let your heart rejoice when he stumbles, 18or the LORD will see and disapprove, and turn His wrath away from him. 19Do not fret over evildoers, and do not be envious of the wicked.…

Schadenfreude is a combination of the German nouns Schaden, meaning “damage” or “harm,” and Freude, meaning “joy.” So it makes sense that schadenfreude means joy over some harm or misfortune suffered by another.

No matter what happens, it’s HOW it AFFECTS me and mine that I am concerned about. That some evil person suffers is God’s project, how me and mine face not having safe water, a burning home from rioting, food to eat and such it OUR JOB to do.

1st Timothy 5: …7Give these instructions to the believers, so that they will be above reproach. 8 If anyone does not provide for his own, and especially his own household, he has denied the faith and is worse than an unbeliever.

TIME is all we have and who knows how much time we have to get final preparations for the social and economic storm we all see coming.

Tempus fugit. Or as my Drill SGT said “Move it or lose it”.

Jane
Jane
10 months ago
Reply to  Michael

Your right! TIME is all we have and who knows how much time we have to get final preparations for the social and economic storm we all see coming. We must have complete faith in the Lord. Amen!

Phil
Phil
10 months ago
Reply to  Jane

When the American people are finally driven to destitution, pillage, rape, murder, no food to purchase and theft of everything they own by the government and handed over to illegal alien murdering thugs, then they will have no choice but to rise up in masse. When you lose everything then the people will lose it.

Jane
Jane
10 months ago
Reply to  Phil

Yes, Phil, this is exactly what will happen.

Jane
Jane
10 months ago
Reply to  Phil

They sure will lose it.

Phil
Phil
10 months ago
Reply to  Jane

And lose it they will Jane. That will be the day we all begin to witness the purge of every federal law enforcement agency in Washington DC and everything illegal office they setup in every state in the union where they truly have no jurisdiction, but was granted to them by governors over the years. They are all going down if they like it or not and there won’t be any amount of technology at there disposal that will help them. All it takes is for there power to be shut down, which is an easy task for many ex utility workers.

Michael
Michael
10 months ago
Reply to  Phil

Your correct Phil, when they have nothing more to lose, they will rise up in mass.

The QUESTION is what target of their anger will they attack? Way too many of them are already Propagandized that the Hoarding Preppers-Survivalists and Right Wingers have stolen THEIR FOOD and stuff.

Programming from mass Media and the many “Films” of late wasn’t by accident. THEY know trouble will occur; they Preemptively Programmed the sheeple to fear-dislike-even with left wingers hate Right Wing mostly white Supremist.

It’s called prepping the battlespace. The Powers that Be WANT Chaos to reduce CARBON aka you and me.

From my experience serving in the Bosnian Civil war AKA ethnic cleansing, it’s going to get UGLY, UGLY, UGLY.

Some families will fight among themselves over differences in political opinions and lack of resources.

Thus, my Protect your Trusted Friends and Trusted Family because in spicy times they are far more valuable than gold.

Phil
Phil
10 months ago
Reply to  Michael

I believe they will rise up against the government and the media because they will finally learn they were lied to about everything in the nation and they will burn it all down.