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Methane Malone's avatar

Well tomorrow was the planned date for the meltdown of most FDIC backed banks anyway. This was discussed at the latest FDIC meeting.

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Tom Wigand's avatar

Bankers' cartels - otherwise known as "central banks" + fiat currencies = (eventual) total collapse. Whether through hyperinflation, deflation (or both, following each other sequentially). It's not a matter of "if" but "when," and what will be the catalyst / "black swan" that causes the Humpty Dumpty financial system to implode.

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Laura's avatar

My first job was at a bank. Even then I knew fdic could not save a national bank run. I did not know that banks have zero on reserve. Another grift.✝️🇺🇸

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Laura's avatar

We shall see. You knew the freight train was going to pull into the station eventually.✝️🇺🇸

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