"JPMorgan Chase & Co., the largest US bank, alone received billions of dollars in recent days, and Bank of America Corp., Citigroup Inc. and Wells Fargo & Co."
You must be real fools if you rely on these banks to protect your deposits. Citigroup Inc. is one of the worst-performing bank in the world! In fact, it will go bankrupt within days and nothing and no one can save it. The small banks that are going bankrupt right now are just a warm-up for that Citigroup Inc. bankruptcy which will come very soon.
Too-Big-to-Fail
)
What will happen now:
1. Banks around the world will lock deposits for withdrawal to "save the banking system".
2. Money will be allocated only for the most urgent needs of citizens and businesses. Simply put, there will be a monthly withdrawal limit, which will be approved by the banks and through which a large part of small and medium-sized businesses will be destroyed purposefully.
3. Cryptocurrencies will be inflated to huge proportions, with some businesses trying to survive using them as a means of commerce.
4. Once the cryptocurrency bubble is inflated to burst, it will burst and with it will go the rest of the small and medium-sized businesses, which was not destroyed by banking policy and that are foolish enough to use cryptocurrencies as a means of exchange.
5. Welcome to The New World Order, where all world business will be concentrated in the hands of a few multinational corporate monopolists.
https://www.elitetrader.com/et/thre...nks-and-companies-its-not-pink-at-all.370323/
You must be real fools if you rely on these banks to protect your deposits. Citigroup Inc. is one of the worst-performing bank in the world! In fact, it will go bankrupt within days and nothing and no one can save it. The small banks that are going bankrupt right now are just a warm-up for that Citigroup Inc. bankruptcy which will come very soon.
Too-Big-to-Fail
) What will happen now:
1. Banks around the world will lock deposits for withdrawal to "save the banking system".
2. Money will be allocated only for the most urgent needs of citizens and businesses. Simply put, there will be a monthly withdrawal limit, which will be approved by the banks and through which a large part of small and medium-sized businesses will be destroyed purposefully.
3. Cryptocurrencies will be inflated to huge proportions, with some businesses trying to survive using them as a means of commerce.
4. Once the cryptocurrency bubble is inflated to burst, it will burst and with it will go the rest of the small and medium-sized businesses, which was not destroyed by banking policy and that are foolish enough to use cryptocurrencies as a means of exchange.
5. Welcome to The New World Order, where all world business will be concentrated in the hands of a few multinational corporate monopolists.
https://www.elitetrader.com/et/thre...nks-and-companies-its-not-pink-at-all.370323/