Silver Stackers Union

[cottonmather]

Off and on for nearly a year. It began with Evergrande. The Chinese government gave them 90 days to avoid default. Then the public overran their offices. And once Evergrande could not perform the government publicly stated that the defaults were a Western problem, not theirs. At that time it was $300 billion. It is now $400 billion and growing. It affected Asian banks mostly.

These things attack bank liquidity and spreads without boundaries.... even to the US... as all banks are connected these days. US banks are are struggling now - low cash and China selling US Treasuries and allowing other debt to default. This is why the Fed is going crazy throwing money on it all. Add American consumers are increasing in debt default..... on and on and with mortgage default rapidly going wild. We are not talking trillions of dollars but quadrillions of dollars and it is the same across the planet. China is making it complicated for the US in it could push them to world reserve status.

The 1987 debacle had just a $55 billion default. 2008 was around $240 billion. We haven't got rolling yet and reaching $1 trillion when you add Ocean Crest and another to the mix. Banks are failing in mass overseas. I think some of it is experimental to determine future reaction in the West.... sorta like Zimbabwe currency resets.

Your video mentions FDIC. LOLOLOLOLOLOLOLOL People don't know it but they only have 1.33 cents foe every dollar insured. There will be lots of failure there. This is one of many reasons to remove all paper assets from the banks. And who will receive what insurance that may be available? It won't be the little guy.

Be certain, complete bank failure is coming across the planet. We have an opportunity now to avoid most of it (individually). Studying history will afford many potential insights as it appears to repeat itself often. Knowledge of the Federal Reserve will help too. We gotta step out of the way of what is happening..... prepping, hording metal, etc.

It is all by design. Look at history. Look at all the unchallenged assinnity occuring across the world. Even Russia is fighting in slow motion. If the US is sending fighter jets why isn't Russia pouring gas on the war? Would Democrats put up with Republicans doing the same? Why doesn't anyone jump the Fed for all of their stupid shit? Why are Presidents and Foriegn Ministers all over resigning?

Prepare and stand out of its way.