Hey Gregory and thank you for all the information you shares🙏. It’s really eye opening.
Question: I’m living in Norway 🇳🇴 and wounding if you now anything about how much the Norwegian economy is affected by us economic collapse. What can we expect from our government and national and local banks. Norway is a rich country and with really good healthcare. But we can definitely see think’s happens. Price is really high on basic food, gas, electricity and all supplies required to live. Also the media don’t tell us the truth. Here all we hear is that Trump is bad, Biden and Obama are the best, Ukrainian is winning the war and the economy is not that bad.
I believe that the entire global financial system is changing by design, and not for the good of the people. The writing is on the wall, LOUD AND CLEAR, and with that, the people of the world will unfortunately be forced to live under a system with more control. Less freedom, and less liberty.
My son sent me this and it is so Right On with what you have always been teaching us. Ayn Rand's Axle Shrugged... I am sure you all will love it. https://www.youtube.com/watch?v=Z9HbQsTgrtk
They should not seize the banks. They should publish a list of banks that are about to go belly up. The depositors will withdraw their money and force them out of business.
This should not surprise anyone. With interest rates at 40 year highs, very few loans are being made. House sales as well of cars are down. These big ticket items are the first to fall in tough times. If Greg is right and withdrawals are happening at the banks, the assets they were using to balence the books are gone. Soon many many banks will fail.
I think even if this story made the evening national news...99%of the American public would refuse to believe it could happen. Although we Boomers remember the stories our parents told us about bank runs and the Great Depression, we, as a whole, refuse to believe it could happen to us. Denial is a terrible thing. But the powers that be rely on denial to make their plans work.
Absolutely agree. But the Boomers, which includes me, have become fat and complacent about these things. My generation simply doesn't believe history can repeat itself. Some of us do but most have turned a deaf ear. Maybe they figure it won't affect their bank accounts, social security, property taxes etc.. Or maybe they figure they'll be dead before the worst happens. Once you reach the age of 60 you really don't have much time left. I'm glad Greg is around to keep us informed. My time is running short but I'd like to spend my remaining days financially secure.
OMG!!! Had no idea it was so high. And according to The Great Taking book, the central demon bankers have legislation world wide to take all bank deposits and securities as collateral on the derivatives bomb.
so in other words get your money out of the bank!
Hey Gregory and thank you for all the information you shares🙏. It’s really eye opening.
Question: I’m living in Norway 🇳🇴 and wounding if you now anything about how much the Norwegian economy is affected by us economic collapse. What can we expect from our government and national and local banks. Norway is a rich country and with really good healthcare. But we can definitely see think’s happens. Price is really high on basic food, gas, electricity and all supplies required to live. Also the media don’t tell us the truth. Here all we hear is that Trump is bad, Biden and Obama are the best, Ukrainian is winning the war and the economy is not that bad.
I believe that the entire global financial system is changing by design, and not for the good of the people. The writing is on the wall, LOUD AND CLEAR, and with that, the people of the world will unfortunately be forced to live under a system with more control. Less freedom, and less liberty.
Duh! And Shock face
My son sent me this and it is so Right On with what you have always been teaching us. Ayn Rand's Axle Shrugged... I am sure you all will love it. https://www.youtube.com/watch?v=Z9HbQsTgrtk
thank you Greg for the update
They should not seize the banks. They should publish a list of banks that are about to go belly up. The depositors will withdraw their money and force them out of business.
John Titus, aka BestEvidence, gives a pretty good way to check if your bank is F****ED!
https://youtu.be/1sCq9FJQQNA?si=HVYcaZogQ3GazpHI&t=2778
Where can we get the list problem banks?
Is it better to have silver or gold “in hand” or IRA?
Another banker bailout at the taxpayers expense to keep Dementia Joe delusional
We were 10 minutes from military martial law in 2008. True story
Joke's on them.
Been living the minimal deposit life for quite awhile thanks to GM and others.
This should not surprise anyone. With interest rates at 40 year highs, very few loans are being made. House sales as well of cars are down. These big ticket items are the first to fall in tough times. If Greg is right and withdrawals are happening at the banks, the assets they were using to balence the books are gone. Soon many many banks will fail.
IT'S TIME, ACTUALLY IT'S PAST TIME!!!
ED K
I think even if this story made the evening national news...99%of the American public would refuse to believe it could happen. Although we Boomers remember the stories our parents told us about bank runs and the Great Depression, we, as a whole, refuse to believe it could happen to us. Denial is a terrible thing. But the powers that be rely on denial to make their plans work.
2 maybe 3 of the most recent US generations have been improperly educated on finance ON PURPOSE.
Absolutely agree. But the Boomers, which includes me, have become fat and complacent about these things. My generation simply doesn't believe history can repeat itself. Some of us do but most have turned a deaf ear. Maybe they figure it won't affect their bank accounts, social security, property taxes etc.. Or maybe they figure they'll be dead before the worst happens. Once you reach the age of 60 you really don't have much time left. I'm glad Greg is around to keep us informed. My time is running short but I'd like to spend my remaining days financially secure.
Mountain of IOUs
Derivatives bomb is likely $7-8 QUADrillion by now.
Either way, it's an insane amount of fake currency!
OMG!!! Had no idea it was so high. And according to The Great Taking book, the central demon bankers have legislation world wide to take all bank deposits and securities as collateral on the derivatives bomb.