Posted on 11/24/2022 2:23:25 PM PST by conservativesister
Just read this post by Dan Scavino on Telegram:
By the end of January 2023 MOST BANKS will literally DISAPPEAR, that is part of their plan, to leave Americans without a penny so they can control us, that means that the money that you have in the bank will also disappear.
How will businesses operate? Why would Scavino post something like this, is there more to it?
The bottom line:
“This means anyone who has an account that exceeds the $250,000 insured limit may be affected.”
I wonder how many folks posting on this thread need to worry about this...
;-)
But—for those who have the bucks it would be wise to open multiple bank accounts to stay below the $250K threshold.
I think it will take the Anti-Christ to pull off a one-world currency or government...and he will most likely be only half (or partly) human.
If the AC is fully human, he will have to be genetically modified to rise above our natural human idiocy.
Of course, we can only speculate about the Anti-Christ, but I almost feel sorry for him if his grandiose plans require him to depend on human beings to get them done. I hope he's got a lot of patience...but I doubt it.;-)
And BTW, don't think I look down on my fellow humans...I am right up there with the very biggest idiots.
Some people make a living running their yap but that doesn’t meam every thing they say is true. A month ago there were posts all over FR about runrunning out of diesel, which was nonsense too. How do I know? Because I made a living learning and applying critical thinking skills.
Sure there is a difference. Until enough close that their stocks fail. Never forget the fine line that stock can have towards failure or not. And it can happen in just days.
This is the worry...
That was my initial thought as well.
But in the event of an economic crash similar to ‘29, or even worse ( emphasizing the latter) and with the banking industry collapsing, given the economic outlook globally, and the agenda to create a one world economy, I can see outright confiscation. Unless........ .
A creditor simply agrees to accepting a mark in the right hand or forehead. Then they will release the digital currency to the owner.
there is no concern whatsoever for people unnable to travel distances to find a branch:
19 Oct 2022: ABC Australia: Australian banks close hundreds of branches and ATMs as services move online
More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone.
Between 2017 and 2022, the number of bank branches nationally dropped almost 30 per cent...
This years’ branch closures represent a 7 per cent decline in the number of branch-level banking services across the country in one year...
More than 1,345 ATMs were also shuttered nationally last year, with 402 closed in NSW, 259 in Queensland, and 362 closed in Victoria — a 17 per cent decline in one year...
no concern whatsoever for rural folk wanting cash, or not wanting to transact banking digitally:
26 Oct: Stock Journal Australia: Bank Branch Closures Hit Rural Communities
it’s happening in Australia, UK and no doubt everywhere else.
you will have no physical banks, and you will be happy.
Literally don’t trust anything that has “literally” in it.
I realize that other factors contributed, but it appeared to me that the primary reason for the housing collapse was easy lending to people who had no earthly means of repaying their loans.
When it comes to Bible prophecy I will be the first to admit, there is much I don’t know. But given the big picture. And a basic understanding of direction, we can see the stage being set.
It’s like opening a brand new 1000 piece jigsaw puzzle without the manufactures picture on the front of the box. We don’t know the full picture, but when we find enough pieces that integrate with one another, eventually the picture begins to emerge.
Imagine those that don’t even open the box until one morning they wake up and Biblical events have occurred drastically altering everything we thought was secure. It will then be quite difficult to begin putting the puzzle together in the midst of global collapse.
Won’t be that soon or an immediate thing. The plan is Central Bank Digital Currency but the details of it’s implementation are still being worked out. CBDC could be done without banks. It would be people transacting directly with the central banks(prints money) as opposed to commercial banks(where you got that loan). I think they’ll figure out a way to keep the commercial banks but they will just be service centers for the central banks.
Trendy people will be good with using their phone for every transaction. Then it will catch on to others. Eventually banks will start taking cash out of the system because the new money won’t be on paper or in coins. It will be digits/digital as most money technically is now.
CDBC WILL be programmable. They’ll be able to set up any sort of conditions and limits on it’s usage. It will be like the Mark of the Beast, just not on your forehead or hand, ...yet.
Well the banks weren’t making loans to people who couldn’t afford them. They were making 100% finance loans, but it was still based on income. There were very very few prosecutions for fraud in the mortgage space. People weren’t overstating their income. But both banks and consumers were assuming their income would continue.
The relaxing of credit standards and subsequent retightening might have played a small part. But whether you have a 100% loan or an 80% loan, when your job goes away, you’re going to default. And the reason the jobs went away can be seen in the oil price chart in 2007 a year before the mortgage crisis.
Now we have another oil price spike. And it’s taking a toll on disposable income, consumer psychology and jobs.
Dan Scavino is Trump's right hand man. Hardly an idiot.
Bank branches are shutting down. That is because the internet allows payments to be done electronically. ATM machines are easier to use than to go inside the branch. Basically, bank branches are going the way of passenger Railroads. Automation is the future. The horse and buggy are now firmly from past centuries.
Look into “Bail in.”
What would Willie Sutton say?
The buildings will just vanish?
thank you...
Well, you are the president of the retarded attention seeker club, so I believe you.
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