Posted on 12/16/2023 4:36:16 PM PST by E. Pluribus Unum
Are we headed toward a war with China? Recent developments seem to suggest that things are heading in that direction.
Congressional lawmakers are now pressing the Federal Reserve to ‘stress tests’ banks for the ensuing fallout from a potential war with the Chinese Communist Party.
Aside from the fact that this indicates Washington D.C. is anticipating conflict, it also calls into question the current health of our banking sector overall.
It’s no secret that banks have been failing left and right, while both consumer and national debt have skyrocketed to unsustainable levels.
Consumer spending is down in several key areas, while the Federal Reserve has indicated that it plans to slash interest rates at least three times next year, both are signs that a looming recession is imminent.
Advertisement These current reports are all concerning, to say the least, and while they are not definite proof of something big happening soon and a broader collapse ensuing, they do paint a grim outlook for 2024 and beyond.
The Select Committee on the Chinese Communist Party announced on Tuesday: “Fed should stress test US banks for China war risk ‘The U.S. now has a choice: accept Beijing’s vision of America as its economic vassal or stand up for our security, values, and prosperity,’ the Select Committee’s bipartisan report concluded.”
(Excerpt) Read more at 100percentfedup.com ...
Stock up, while you can!
On the basics (antibiotics, severe flu meds, etc), at the very least.
Remember when Pres Trump wanted to bring all of the drug manufacturing, that we’ve sent to ChyNah, back to USA?
He was successful in getting some, back.
I bet this regime has sent it all back to their CCP overlords, by now :(
There are several folks that I know that are saying 2024 is Going to be the worse year in the history of the world... (?)
“(BUCKLE UP: Lawmakers Ask Banks To Run Special Wartime Test, What Do They Know That We Don’t?)”
They know that they are working overtime to collapse the US economy. They know that it’s just a matter of time and of when, not if. They know that nothing will be done to even attempt to try to stop them, since the American public has become fundamentally transformed into feckless, apathetic, gutless and blissfully ignorant sheep. They know that in the aftermath of their success in collapsing the economy, most Americans will be too busy just trying to stay alive and scavenging for food (See: Venezuela aftermath).
They aren’t counting on any armed and pissed off “peasants” coming after them.
Heck even Aspirin add to Basics.
The chicoms that are already here will clog the ATMs? This could be hugh.
Agree!
We stocked up, starting in Jan of 2020, on MANY every day, hubby’s Rx meds, IVM/HCQ, etc.
We have used that supply, for the most part, and have steadily maintained, since you never know what TPTB have up their evil sleeves, next.
Raytheon needs to stock up !
China is going to cut off their parts supply.
https://dailycaller.com/2023/06/19/raytheon-china-greg-hayes-decoupling/
Thx.
Trump tried to bring back that type of manufacturing, too.
Trump tried, and the UniParty fought him all the way.
There is supposed to be US sourcing rules for DOD. One wonders how Raytheon got around those restrictions and becaome dependent on Chinese parts.
Then you see Lloyd Austin et al. circling thru the revolving door, and it all starts to make sense.
Then you see Lloyd Austin et al. circling thru the revolving door, and it all starts to make sense.
Hey! Austin says we can fight THREE wars, at once!
🙃
Oh, China had declared war with the US long before Covid. They were just emboldened, and most likely asked, to release the engineered virus to ensure victory over Trump in the 2020 election, because Covid gave the Democrats options for election interference that they wouldn’t have had sans the Covid virus.
…more on that later) this is 100% idiocracy and fear pr0n.
If you wade through Mr Quill’s failed comprehension of business, banking, finance, brick and mortar branch costs vs digital banking, the difference between a bank failure and a branch closure, and more, you’ll find EXACTLY why he went to all this trouble….
If you've been waiting for me to bring you a solution about what YOU can do to protect yourself and you're family, I'm happy to introduce you to something I absolutely love!
Precious metals.
Thaaaaaat’s right. All this nonsense was to scare people into buying gold et al from Quill’s stupid company.
For what it’s worth, the appx 20,000 companies in the USA with over 500 employees has likely run MULTIPLE scenarios for inflation, war, supply chain disruptions, pandemic 2.0, and other things. That’s prudent risk management. Indeed, the Fed makes banks run stress tests all the time.
This is only News if you’re selling fear and gold.
As for Mr Quill or Elhalawany or whatever is his name, it’s a free country. If you want to sell fear or gold or white papers or whatever, go for it.
But why the pen name? Could it be that conservatives who sadly lap up this nonsense would balk at someone who’s first name is Mahmoud? I could care less what is his name or religion if the analysis was solid. But all of this subterfuge combined with error is a yellow flag, if not a red one.
Maybe 2024 will be TEOTWAWKI. It’s worth noting every other two-bit doom hustler has been forecasting the End for decades. And yet, here we are. Still. These guys are the Harold Camping of Econ.
It’s bad enough Vince can’t pass Business 101. But being honest would be a good starting point.
China virus was/is a multifaceted gift, to the DS, from CCP.
I know of no ants that possess nuclear arsenals, do you?
So, what exactly is the meaning of your statement?
You are aware though that Russia has 10 times the nuclear arsenal that the US has, right? No one knows what kind of nuclear arsenal China actually has.
Because for the Chinese, these are nothing more than useful idiots that all communist regimes rely upon to assist in the consolidation of their power. Once their usefulness has outlived their need to exist, they are unceremoniously terminated like the vermin that they are/were.
We must all be prayed up, and stocked up and call on GOD for mercy that he will save our land. NO KING OR RULER BUT KING JESUS!
“Imagine Walmarts that are denuded of Chinese stuff.”
OMG! How terrible. Then they’d have to find possibly a US manufacturer.
But we aren’t just talking Walmart. We are talking just about anyone that sells anything.
It would be a long needed correction, and very hard on the economy to begin with.
It’s something I never thought would happen before the 7 year Tribulaton of ‘Peace and Security’ begins
Gold and silver will be cast into the streets
It is not the safe house so many believe
Ezekiel 7:19
New King James Version
19 ‘They will throw their silver into the streets,
And their gold will be like refuse;
Their silver and their gold will not be able to deliver them
In the day of the wrath of the Lord;
They will not satisfy theirt souls,
Nor fill their stomachs,
Because it became their stumbling block of iniquity.
https://www.biblegateway.com/passage/?search=Ezekiel%207%3A19&version=NKJV
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