φXeRaPhiMφ
https://x.com/bitcoinnewscom/status/1766393514454102020?s=61&t=ijIPPCQ14l81eHSBSKvCsg
Shit gonna bout to hit the fan guys. Are we prepared? I think we are in good hands
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φXeRaPhiMφ
https://x.com/stillgray/status/1766686433614684173?s=61&t=ijIPPCQ14l81eHSBSKvCsg
Bank failures is coming
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φXeRaPhiMφ
This time 3/11 dragon year End of fed funding
Fed banking will be cannibalize as months keeps passing
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φXeRaPhiMφ
Fed banking will be cannibalize as months keeps passing
China knows this reason gold rush buying gold like tomorrow
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Starting on Monday, March 11th, banks will be prohibited by law from loaning the fiat US Dollar, according to an announcement from the Federal Reserve Board.
This effectively means that banks will commence closure on that day. The only viable option they have to salvage the economy is to initiate the Global Currency Reset, which apparently occurred on Thursday, March 7th, coinciding with a purportedly fake State of the Union Address delivered by President Biden.
This effectively means that banks will commence closure on that day. The only viable option they have to salvage the economy is to initiate the Global Currency Reset, which apparently occurred on Thursday, March 7th, coinciding with a purportedly fake State of the Union Address delivered by President Biden.
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φXeRaPhiMφ
@StellarOrg X @Polkadot https://x.com/pendulum_chain/status/1754875655156539622?s=61&t=ijIPPCQ14l81eHSBSKvCsg
XX IS ON FIRE WITH HIS MAPS
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Billions will be pour into XRP in a blink when they have the green light. Everyone is gonna be too late
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THE RESET HAS STARTED
Effective March 26, 2020, the Federal Reserve Board reduced required reserve ratios on all net transaction accounts to zero percent, eliminating reserve requirements for all depository institutions.
In the spring of 2023 the banking collapse began in the smaller regional banks.
In the spring of 2024 the next wave of banking collapse will continue.
In November 2023, the CEOs of Bank of America, Wells Fargo and JP Morgan told Congress that they could not go from 0% reserves to a 3% reserve balance.
Current deposit-to-loan ratios mean that banks cannot withstand any type of bank run. When people realize what is happening, there will be a bank run.
Starting March 11, 2024, there will be no more money to lend and the Federal Reserve will choose who can lend money.
Congress approved bail provided in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which allows banks to seize assets. Bailout relief was legalized in the United States after the 2007-2008 financial crisis, in which the US government bailed out banks deemed “too big to fail.” The specific section of Dodd-Frank that deals with bail-ins is Title II: Orderly Liquidation Authority (OLA).
Who is exposed?
401K (Retirement Accounts): There are currently $27 billion in retirement accounts
People with cash positions in banks will have their money taken away.
Banks have already started limiting the amount of money you can withdraw, transfer on Zelle, or move around in general.
What does this mean?
This will be the demise of the middle class, leading to a recession and then a depression. People will be left with nothing if they don't diversify their cash to pay off loans and buy gold, silver, cryptocurrencies or other tangible assets.
Potential?
This could prevent Trump from winning the White House. In the event of a banking collapse, the government could institute martial law, close banks and ration access to money.
The loss already suffered in 2020 is worse than what occurred in 2008. Stock market manipulation, along with massive money printing and inflation, have managed to better mask the coming collapse.
AND THE COLLAPSE IS COMING
World markets - Honk Kong, Japan, S&P, Dow - all-time highs - why? Blackrock and Vanguard control trillions in assets and are manipulating those stocks for sustained profits and rotating stocks that cannot perform and rotating AI stocks into the S&P 500 and other exchanges.
Result:
Stock markets will hold, but banks and the dollar will collapse.
Cryptocurrencies are going crazy and will allow you to buy stocks with cryptocurrencies. And as the BRICS become more online, they will see the transfer to asset-backed transactions like the new abaxx_exchange that will facilitate LNG and batterymetals.
What is inflation hedging?
With the last month in the cryptocurrency market, it cannot be ignored that cryptocurrencies, gold and silver are the hedge against inflation.
Effective March 26, 2020, the Federal Reserve Board reduced required reserve ratios on all net transaction accounts to zero percent, eliminating reserve requirements for all depository institutions.
In the spring of 2023 the banking collapse began in the smaller regional banks.
In the spring of 2024 the next wave of banking collapse will continue.
In November 2023, the CEOs of Bank of America, Wells Fargo and JP Morgan told Congress that they could not go from 0% reserves to a 3% reserve balance.
Current deposit-to-loan ratios mean that banks cannot withstand any type of bank run. When people realize what is happening, there will be a bank run.
Starting March 11, 2024, there will be no more money to lend and the Federal Reserve will choose who can lend money.
Congress approved bail provided in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, which allows banks to seize assets. Bailout relief was legalized in the United States after the 2007-2008 financial crisis, in which the US government bailed out banks deemed “too big to fail.” The specific section of Dodd-Frank that deals with bail-ins is Title II: Orderly Liquidation Authority (OLA).
Who is exposed?
401K (Retirement Accounts): There are currently $27 billion in retirement accounts
People with cash positions in banks will have their money taken away.
Banks have already started limiting the amount of money you can withdraw, transfer on Zelle, or move around in general.
What does this mean?
This will be the demise of the middle class, leading to a recession and then a depression. People will be left with nothing if they don't diversify their cash to pay off loans and buy gold, silver, cryptocurrencies or other tangible assets.
Potential?
This could prevent Trump from winning the White House. In the event of a banking collapse, the government could institute martial law, close banks and ration access to money.
The loss already suffered in 2020 is worse than what occurred in 2008. Stock market manipulation, along with massive money printing and inflation, have managed to better mask the coming collapse.
AND THE COLLAPSE IS COMING
World markets - Honk Kong, Japan, S&P, Dow - all-time highs - why? Blackrock and Vanguard control trillions in assets and are manipulating those stocks for sustained profits and rotating stocks that cannot perform and rotating AI stocks into the S&P 500 and other exchanges.
Result:
Stock markets will hold, but banks and the dollar will collapse.
Cryptocurrencies are going crazy and will allow you to buy stocks with cryptocurrencies. And as the BRICS become more online, they will see the transfer to asset-backed transactions like the new abaxx_exchange that will facilitate LNG and batterymetals.
What is inflation hedging?
With the last month in the cryptocurrency market, it cannot be ignored that cryptocurrencies, gold and silver are the hedge against inflation.
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