/biz/ - Business & Finance

[Anonymous No.53730195]

>I just went down the banking "bail in" rabbit hole

It's over

[Anonymous No.53730222]

ok now share with the class op since you took the time to make this lovely post

[Anonymous No.53730229]

>>53730222
When times get rough, the bank directly steals your money. That's pretty much it.

[Anonymous No.53730237]

crypto in your own personal wallet fixes this

[Anonymous No.53730268]

>>53730229
ok so now that we know banks use a ledger system instead of literally holding reserves and that they settle their balances daily instead of trying to micro manage thousands of transactions among all of their accounts every day; why is it over?
What immediately present crisis will break the credit system overnight that has established itself fairly well for the better part of a century?

[Anonymous No.53730287]

>>53730237
its so fucked how simple and true our new reality is

[Anonymous No.53730293]

>>53730195
you'll even be more mind fucked after reading the book pic related

[Anonymous No.53730310]

>>53730195
hows that grab ya

[Anonymous No.53730339]

>>53730268
There's been a banking crisis almost every decade or two for the last century. The only difference is after 2008 the government instituted changes which made bail ins legal and they have spent the last 15 years piloting and beta testing how that would work.

We have double digit inflation right now, a bail out like 2008 isn't possible anymore. Only way to suppress inflation and save systemically essential banks is by confiscating wealth from the peasants and using it to make the Jews and their institutions whole.
They are open about the fact this is their plan:
https://www.youtube.com/watch?v=BKbOM0sqXM4

Not your keys, not your coins.

[Anonymous No.53730347]

>>53730195
>What immediately present crisis will break the credit system overnight
Any crisis in which a substantial portion of the population engages in a bank run and attempts to withdraw funds which don't physically exist at their bank. Fractional reserve banking is a literal ponzi scheme that functions so long as the everyone pretends that banks are solvent and we ignorantly go on about our days. A major black swan event however can easily trigger a liquidity run which would spotlight said "bail in" policy our governments have in place to ensure that peasants get punished and big players walk away with their funds in the event of a crisis.
>that has established itself fairly well for the better part of a century?
This is the too big to fall fallacy. Please see - The Romans, Assyrians, Brits, etc...

[Anonymous No.53730357]

>>53730347
For >>53730268

[Anonymous No.53730364]

>>53730268
This has already happened in different countries around the world. I bet they didn't see it coming either, because they had the same attitude as you, and thought it could never happen to them.

[Anonymous No.53730390]

>>53730339
>Not your keys, not your coins.
kek, ones and zeros

You don't hold it, you don't own it.

[Anonymous No.53730397]

>>53730310
>250 bil
>server disconected
Was he trying to transfer the munny but not allowed by the bank?

[Anonymous No.53730404]

>>53730390
Gold and Silver are good too

[Anonymous No.53730419]

>>53730268
>the better part of a century
that's nothing. we've had countless monetary systems. most lasted longer than that and they all collapsed eventually. the current system that was established after WWII is just a house of cards that gets harder and harder to prop up each decade. countries are already starting to reject the dollar. it's only a matter of time before shit hits the fan.

[Anonymous No.53730431]

>>53730293
Got anymore book recs?

[Anonymous No.53730573]

Fellow bongs, if for some reason you have more than £85k sitting in cash, spread it between different banks, your FSCS protectsd deposits are not subject to bail-ins.
https://www.bankofengland.co.uk/freedom-of-information/2021/questions-about-bail-in-and-customer-deposits

[Anonymous No.53730600]

>>53730195
it doesn't really matter due to every bank guaranteeing you free federal bank insurance

[Anonymous No.53730633]

>>53730195
Just don't hold your money in the bank.

[Anonymous No.53730639]

>>53730390
Doesn't hurt being diversified. PoW Crypto and PMs have the same ideological enemies anon.

[Anonymous No.53730644]

>>53730600
And who the fuck is keeping more than 500k in a bank liquid anyway?

[Anonymous No.53730655]

>>53730347
Lol retards and fractional reserve banking
It’s not fractional reserve banking, it’s no reserve banking, money is fake and institutional liabilities can be made whole by printing
What are the current reserve requirements? I know for smaller banks it is literally 0% reserve requirement

[Anonymous No.53730724]

>>53730600
>>53730644
>>53730573
FDIC doesn't have enough capital to make the country whole in a 2008 like liquidity event even if they wanted to. Government guarantees like federal deposit insurance aren't worth the paper they are printed on.

What if I told you that not only is your money not insured, but even money held in funds like 401ks, that can't legally be touched, will be touched in a financial crisis? Just think about the government overreach during the pandemic if you think it's not possible. The cattle will eat -50% bank balance with withdrawal conditions of $50 per day and they will exclaim proudly "it's for the greater good" while cackling Jews steps on their neck and you will be called a right wing extremist for saying this is wrong.

[Anonymous No.53730734]

>>53730268
>what is lebanon

[Anonymous No.53730742]

>>53730195
want to learn more about this, where did u start any recommended reads

[Anonymous No.53730804]

>>53730644
The cutoff is $250k, not $500k. True cattle justifying kike goblins having a legal right to their money.
>break your back for years waging
>30% of your wage income taxed, used to bail out the jews
>invest
>30% of that capital gains taxed, used to bail the jews out again
>against all odds you make it, put money into a bank
>jews take all but $250k
Thanks for playing goy!

[Anonymous No.53730810]

>>53730431
The creature at Jekyll island is a classic if I remember it right

[Anonymous No.53730825]

>>53730804
>just spread it across different accounts and buy assets bro
They already can legally reach into your account and take your money, who’s to say the banks don’t talk to see what your entire net worth is and take percentages out of each for trying to hide from them? Who’s to say they don’t have a legal right over your real estate as well? They’re one bill away, even they even need one passed at all

[Anonymous No.53731700]

>>53730724
The government in Bongland got in trouble for merely selling bonds, which affected people's pensions. There's no chance they'd get away with raiding private pensions.

[Anonymous No.53731733]

>>53730390
You can hold both. In an ideal world you transact irl with precious metals or cash backed by precious metals, and transact digitally with decentralized tech like cryptocurrencies (best usecase: Monero). If you only hold one you limit yourself

[Anonymous No.53731762]

>>53730339
I believe cash in a brokerage account is safe

[Anonymous No.53731777]

>>53730390
Try getting that through an airport

[Anonymous No.53732612]

>>53730195
Let’s just all kill ourselves there’s no point to being alive ever for any reason besides being let down and in torturous pain and suffering for eternity.
What a sick cruel joke

[Anonymous No.53732736]

>>249024181
*with

[Anonymous No.53732742]

>>53730195
when the jews lose, you lose. with jews you lose

[Anonymous No.53732796]

>>53730600
> it doesn't really matter due to every bank guaranteeing you free federal bank insurance
Doesn’t realize the fractionally reserved banking system is “protected” by fractionally reserved federal deposit insurance
NGMI

[Anonymous No.53732818]

>>53730195
don't worry you will resurrect as a bitcoin maxi

[Anonymous No.53732849]

I love this rabbit hole too OP. The FDIC funding is at about 140 million last time I checked I believe, so that should be just enough to bail out about 100 boomers before it’s broke

Reading about 2008 is super interesting, it teaches you a lot about modern economics.

[Anonymous No.53732920]

>>53730431
The history of central banking and the enslavement of Nanking

> banned

[Anonymous No.53733225]

>>53730390
>bro information is not valuable because it's not tangible
the absolute state of pmbugs

[Anonymous No.53733373]

>>53730195
Knowing is half the battle you have won because you know about it. You just have to act. Each bank will guarantee you a certain amount of money usually 250k, or wont touch the account unless it has more than 250k. The figure depends on the bank. Split your funds between banks or buy up assets. Ask yourself home much liquid capital do you really need. Gold, land, art and classic cars are solid long term.

[Anonymous No.53733419]

>>53730825
Because its per account held, not per person. If it was per person they would create a bank run real fucking fast

[Anonymous No.53733426]

>>53733373
>Each bank will guarantee you a certain amount of money usually 250k, or wont touch the account unless it has more than 250k

Anon I....

[Anonymous No.53733435]

>>53730364
>>53730357
>>53730347
>>53730339
>>53730419
>>53730734
No; its not about "being better than them" or being what your pseudointellectual mind would describe as ignorant
The question, since one of you broughr in a black swan; is WHAT is the black swan that causes this to be over now
Simply saying "it will fail! Ignorant sheep!" Is fucking retarded unless you can point to what and when it happens. It means you dont understand the concept of being early being equivalent to being wrong in this field.
Its not enough to spout from theory land. You have to be right when it matters.

[Anonymous No.53733465]

>>53733435
>TL;DR Don't prepare
Fuck you glowie

[Anonymous No.53733477]

>>53730724
This is unironically a decent answer to 53733435, since it ties in liquidation risk to the wider market, except he narrows it to da joos in classic pol fashion when there are many more enemies just as coniving

[Anonymous No.53733482]

wait if the banks don't actually have our money then what are we uploading to the blockchain to exchange for shitcoins? doesn't that mean the value of our shitcoins depends on something we can't actually exchange them all back for?

[Anonymous No.53733483]

>>53733435
>>53733465
On the same note...
Why shouldn't i prepare if the banks are preparing?
All your advice should be directed to the banks.

[Anonymous No.53733486]

>>53733465
you're retarded and have a 5th grade reading level
Its not saying "dont prepare" to ask what to prepare for. Its actually the exact opposite, and its preventing panicking or preparing for the wrong thing; you dumb mouth breathing trogladyte

[Anonymous No.53733532]

>>53730310
What the fuck am I looking at?

[Anonymous No.53733542]

>>53730195
Don't keep cash over the cap in the bank. Simple as.

[Anonymous No.53733551]

>>53733477
Hey Jew

[Anonymous No.53733553]

>>53733486
I'm preparing for their preparations to fuck me over in whatever scenario they imagined to justify these policies.
When everyone is fleeing to higher ground, knowing why is a second priority.
>inb4 you're just following the herd
Yes, the herd of bankers preparing to steal my fucking gains.

[Anonymous No.53733594]

>>53733435
unclear the exact path to get there, but dollar milkshake theory stuff could lead to a liquidity crisis. Yes we can fuck around and find out whether CBs come back in again with QE, but also possible they don't if inflation is still elevated.

With inflation up here CBs obviously don't have the same toolset available to them as they have in the past, and that probably warrants some addtl caution.

imo would probably happen to other currencies first, but if it happens to a g10 currency you can expect it to happen to the others via expectations/fears.

[Anonymous No.53733611]

>>53733553

>>53733477
>>53733435
>>53730195
This https://www.bis.org/publ/qtrpdf/r_qt2212h.pdf is a real problem that has black swan potential. Debt swaps put a timeframe and tangible pressure on the potential pressure point
>>53733551
Think more critically then go touch grass you useless basement roach

[Anonymous No.53733625]

>>53733594
Dollar milkshake is a very good theory for the rest of the world to have the problem. If we take that theory to its complete end, the US would essentially export the collapse and be spared most of the pain
>>53733611
>>53733551
Verification not required btw, subhuman shitstain

[Anonymous No.53733635]

>>53733553
What if everyones fleeing into the second shooter?

[Anonymous No.53733680]

>>53733625
true but my point is also that if it does happen elsewhere around the world, do you think US depositors will sit and chill? Yes bail-ins have happened in Cyprus but there were idiosyncratic issues + a pretty small economy.

Guess potential solution to that is fed provides a lot more qe/easing to reassure the public + is given additional cover to do so by reducing dollar funding costs overseas

[Anonymous No.53733693]

>>53733635
>>inb4 you're just following the herd
>all le banks are just incompetents and don't know what they're proposing despite all the funds they put into the legality
Retarded take. You should've been done with the benefit of the doubt before you left the teens, if you left the teens.

[Anonymous No.53733760]

>>53733435
The term Black Swan is for an unforeseeable/unknowable event, so you are holding them to an impossible task. Literal kike logic.
>P.S. You're a nigger.

[Anonymous No.53733924]

>>53733693
You really just make shit up then fight the strawman dont you
You should trade options for a week. Honestly just a day. You'd understand being early being wrong and you'd be able to analyze root cause better.
Maybe read a book while you're at it

[Anonymous No.53733940]

>>53733760
>le slave to the algorithm fallacy

[Anonymous No.53733961]

>>53733680
Theres a non-zero chance, but its determined by the weighted benefit to whatever oligarchs are in trouble
The fed will definitely print, its panicked natural instinct

[Anonymous No.53734469]

>>53733435
>>53733477
>>53733486
>>53733611
>>53733625
>>53733635
>>53733924
>>53733940
>>53733961
Worthless nigger jew parasite.

All who post beyond this point irreversibly curse and denounce the Talmud, the Torah, Kabbalah, Judaism, the false Holocaust, and the false state of Israel.

[Anonymous No.53735207]

>>53734469
>>53733760
>>53733551
Came in a black swan speculation post to same fag, call anyone who wants to critically think a nigger, spit out a definition like an npc to the only person asking what the black swan could be instead of treating it like an inevitable boogeyman; and after all of this they actually think theyre worth something. Legitimately doesnt see why theyre a waste of oxygen.
Have you ever thought of killing yourself?

[Anonymous No.53735348]

lol@this thread. so funny to see a bunch of zoomers realize how savage the world is

[Anonymous No.53735371]

>>53730195
This is unironically why i hold gold and silver + cash. Bank niggers tongue my anus, all you're getting is my token 1k in my checking account and thats it, i hope you niggers sink and tank when the economy shits itself

[Anonymous No.53735465]

>>53733435
Go gaslight somewhere else rabbi. There's no point in trying to figure out WHAT the black swan is, the entire point is you have to prepare for possible events that may or may not happen, especially when those events happen over and over in history. Kill yourself.

[Anonymous No.53735482]

>>53730268
>used to be law that banks had to have reserves
>banks don’t have reserve requirements anymore
well for starters and without getting into frb, liquidity (when ffr was 0%) issues were non existent however we’re seeing that change for starters. can’t loan money when the arbitrage isn’t there

[Anonymous No.53735537]

>>53730419
Bro we were on the gold standard until the 1970s. Nixon and Breton Woods fucked us. We aren’t even 50 years off the gold standard and shit is fucked.

[Anonymous No.53735584]

If anyone is retarded and thinks it's a schizo conspiracy, look up "Title 2 GSIB".
>https://www.cftc.gov/sites/default/files/idc/groups/public/@aboutcftc/documents/file/mrac062716_g-sibresolution.pdf
page 5
>Title II Receivership
>• Powers are similar to the Federal Deposit Insurance Act
>– Succeeds to all rights, titles, powers, and privileges of the covered financial company
>– May organize a bridge financial company
>– May transfer or dispose of assets without obtaining consents
>– May determine claims against the failed financial company
>– May transfer QFCs to a newly-formed bridge financial company to prevent the QFCs from being terminated or netted-out
>– 90-day stay against termination of contracts (shorter for QFCs)
QRD:
if a bank is under financial distress and wants to declare bankruptcy, they call the FDIC.
the FDIC freezes all assets (that includes your bank account) and transfers it to a bridge company.
then they give the despositors (you) equity of the bank that's on the verge of bankruptcy at whatever valuation they feel is appropriate without your consent.
then the FDIC get's to choose 'winners & losers' determining who they actually want to pay ("may determine claims against the failed financial company"); that means this process circumvents normal bankruptcy proceedings and even secured creditors don't necessarily get paid.
the dissenters will say, correctly, the amount they can rob you of is subject to FDIC limits, so amounts over $250k.
HOWEVER, in the cicrcumstances of a "bail-in", although retirement accounts are not FDIC insured, those funds are accessible, over FDIC limits.
so if people have over 250k in their IRA/401k, which is common for the middle class, the bank/FDIC can pull from those retirement accounts as well.

[Anonymous No.53735621]

>>53733426
Im not from the US you have it worse than i do kek

[Anonymous No.53735632]

>>53730237
Bitcoin. Crypto is just unregistered securities scam

[Anonymous No.53736059]

bump, please respond to me.
i'm an attention whore and I want to know someone read my DD. >>53735584

[Anonymous No.53736147]

>>53730195
>>53735584
So essentially, don't keep your money in banks?

[Anonymous No.53736170]

No, FDIC insurance does not protect banking customers from a bail-in.

FDIC insurance is a form of deposit insurance that protects depositors in the event that their bank fails. If a bank fails and is unable to return deposits to its customers, FDIC insurance provides coverage up to a certain amount, currently set at $250,000 per depositor, per insured bank.

On the other hand, a bail-in involves forcing a bank's creditors and depositors to bear some of the bank's losses in order to keep it solvent. This is a separate process from bank failure and deposit insurance.
awww shaiatt

[Anonymous No.53736202]

>>53736147
yea, close retirement accounts and withdraw cash above $250k.
or accept you will be robbed.
it's the 'not your keys not your coins' but traditional finance.

[Anonymous No.53736250]

>>53736170
>On the other hand, a bail-in involves forcing a bank's creditors and depositors to bear some of the bank's losses in order to keep it solvent.
the method to the madness is the expectation that a bank would be solvent, if only they didn't have to sell their assets (creating a market contagion) and can use customer funds instead, but they'll pay you back bro! (probably not)
>This is a separate process from bank failure and deposit insurance.
absolutely true, the process overrides bankruptcy proceedings, and any protections granted from those proceedings.

[Anonymous No.53736265]

>>53735632
has to be BTC, LTC or XMR

[Anonymous No.53736513]

Surely an armed populace like the USA would never take such an imposition lying down?

[Anonymous No.53736617]

I’m back again to say I still haven’t seen anybody talking about what the fact that banks won’t insure your funds means for the corporate cash market.

If you’re a corporation, where will you keep your money if it’s not secure in a bank? Who do you trust to keep your money? You have billions and billions of dollars, that’s not all going in one bank account is it? How will you ensure the person holding your money is safe to hold it?

[Anonymous No.53736665]

>>53736513
dude dodd frank has been law for 10 years.
of course they won't take it laying down, they'll take it over a barrel.
>"There will never be another bail out... PERIOD!"
Thanks Obama!

[Anonymous No.53736717]

>>53736617
>If you’re a corporation, where will you keep your money if it’s not secure in a bank?
bail-ins don't effect corporations, it's about robbing the middle class
>How will you ensure the person holding your money is safe to hold it?
the same way they ensured their funds were 'safe' with FTX.
a very complex and confidential algorithm.

[Anonymous No.53736801]

>>53736717
Correct, bail-ins don’t affect corporations because they don’t keep their money in a bank in the first place. They keep it in Money market funds and other various debt

>how will you ensure the person holding your money is safe to hold it
Well yes, they delegate it to the banks to regulate and police a companies liquidity. Debt is money because debt allows you to quantitatively define an entities ability to hold your cash for you. The money market funds are the corporate cash supply, they trade credit ratings and valuations not notes and guarantees

[Anonymous No.53736950]

>>53733924
>make strawman
>get reply
>LE STRAWMAN!
This was never a debate son.

[Anonymous No.53737684]

>>53731762
it's safer yes, but

[Anonymous No.53737870]

>>53730390
>kek, ones and zeros
256 of them
call me when you've guessed 256 coin flips in a row successfully, you stupid fucking boomer gorilla retard nigger

[Anonymous No.53737913]

>>53737684
Yeah, I know... still a risk. Best is a bearer asset like gold or Bitcoin (not Ethereum, which can be censored or frozen)

[Anonymous No.53737918]

>>53730431
The Merchant Bankers. My dad gave me this one. "It's an interesting tale about our modern banking system. You should learn about it"

[Anonymous No.53738347]

>>53735584
How can a bank (or bridge company) pull from those accounts? Aren’t they usually held by totally different companies (like investment firms)?

[Anonymous No.53738556]

>>53730825
>They’re one bill away
They're also one bill away from a law that says every women on earth has to suck my dick
>any day now

[Anonymous No.53738601]

>>53733477
>doesnt know how to refer to 4chan posts
>running damage control to a high degree on anons that have (very merited) concerns about the state of the financial system
which glowing alphabet operation do you work for?

[Anonymous No.53738707]

Enough with the antisemitism.
The west have been built on the back sweat and blood of the jews.
Please vaccinate, and help the jews build a better world.

[Anonymous No.53738765]

>>53730404
>>53730390
I bought two Mint-Sealed Monster Boxes of US Silver Bullion in 2020. It has been the single and absolute worst financial investment I have ever made. Market cap of Gold is too high. Silver is ok in that dept. considering the EV bullshit but it is heavily manipulated by big banks. And every time they get caught, they just pay a fine. You’ve lost money sitting on Silver, as it has not kept up with the inflation against its USD value. It’s a boomer shiny rock scam. Shit will never pump. These kikes will never let it happen. Digital Assets are the worlds best performing assets, and are the real gamechangers. If you’re worried about the power or internet going out, you shouldn’t be worried about money or precious metals - or even crypto. Forget about it. That being said…crypto remains the best option over all other assets at this time.

[Anonymous No.53739604]

>>53738765
Post your boxes with a timestamp

[Anonymous No.53739682]

>>53730195
Bro, just start your own bank. (Secretly by keeping all of your cash at home in your mattress.)

[Anonymous No.53739797]

>>53730734
>what is argentina
>what is venezuela
>what is zimbabwe
I like that you have been paying attention to Lebanon Anon, but remember that the list is so much bigger.

[Anonymous No.53740333]

>>53736265
Outside of Bitcoin, privacy is the only utility of crypto I know of.
XMR, ZEC, and RAIL

[Anonymous No.53740335]

>>53730742
the foreword here is probably a good place to start

https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/executing-bail-in-an-operational-guide-from-the-bank-of-england.pdf

make sure to read between the lines, or else it's easy to see this as a 'greater good'.

>Bail-in means we can be more confident that banks will be
able to keep critical services operating through resolution and restructuring, while
maintaining appropriate financial resources and with costs borne by the failed bank’s
owners and investors rather than by depositors or taxpayers

directly translates to: bail ins allow us to legally steal the money you entrusted to us and there's nothing you can do about it.

[Anonymous No.53740365]

>>53730742
the foreword here is probably a good place to start

https://www.bankofengland.co.uk/-/media/boe/files/paper/2021/executing-bail-in-an-operational-guide-from-the-bank-of-england.pdf

make sure to read between the lines, or else it's easy to see this as a 'greater good'.

>Bail-in means we can be more confident that banks will be able to keep critical services operating through resolution and restructuring, while maintaining appropriate financial resources and with costs borne by the failed bank’s owners and investors rather than by depositors or taxpayers

directly translates to: bail ins allow us to legally steal the money you entrusted to us and there's nothing you can do about it.

[Anonymous No.53740389]

>>53740335
>by the failed bank’s owners and investors rather than by depositors or taxpayers
I'm sure they're lying, but this seems to say depositors won't loose anything?
Or does everyone with a deposit automatically become an "investor" with a bail in?

[Anonymous No.53740577]

>>53740389
you're right in that what I quoted mentions shareholders and investors. Reading the intro there's this:

>Resolution allows the shareholders and
unsecured creditors of failed firms to be fully exposed to losses, while ensuring the critical
functions of the firm can continue and helping to preserve financial stability

Depositors are unsecured creditors. Reading further ahead it suggests (as should be) that shareholders are last in line to claim their money back from the company. So it seems like all other avenues must be exhausted before bailing in your current account (above the FSCS amount).

[Anonymous No.53740788]

Tangentially related, FSCS question for my fellow /uk/bros. I used to think the 85k protection applied per account, so you could spread your cash over different accounts.

However, reading this, I'm not sure anymore:
>I’m an individual account holder. Am I protected?
>Yes. FSCS protects up to £85,000 in total across all accounts you hold, either in your name or where you are listed as the beneficial owner (e.g., money held on your behalf in a client account) within the bank/banking group.


How does this work with bail ins if it were to happen in the UK?

[Anonymous No.53741221]

>>53735207
I know you're probably gone, but just in case you do check back in once it's morning in Tel Aviv.
>picrel is what you did in this thread
Also I was only the cat poster, you complete ashkenaz inbred schizo. I've argued with enough jews on the internet to know their style. You were making it easy to spot anyway, not surprised multiple people picked up on it.

[Anonymous No.53741424]

>>53741221
>>53735207
Oh and I called you a nigger just because it's fun.

[Anonymous No.53741428]

>>53733551
Kek at the recoil

[Anonymous No.53741673]

>>53731777
Why the fuck would I need to fly? Anything bad happens I'm fine in my white, quiet, virtually crime free spot in the woods. I don't even lock my car.

[Anonymous No.53741701]

>>53741673
How does a cloud of nuclear waste raining down on you sound?

[Anonymous No.53741745]

>>53741701
Nukes aren't real. Get with the times.

[Anonymous No.53741758]

>>53741701
How would being in a fucking airplane help in this situation you fucking mong? If one nuke gets launched, they all get launched. Game over.

[Anonymous No.53741810]

>>53741758
Hopefully you would have already made your escape months or years in advance and would be relaxing on some beach somewhere watching ZOG boys fry on youtube. You have made your escape plans already right anon?

[Anonymous No.53741877]

>>53741810
There is no escape. There is only hunker down. There isn't a soul on this entire website well connected enough to have a golden ticket to the DUMBs.

[Anonymous No.53741935]

>>53740389
>>53740577
Depositors get turned into equity owners with a haircut yes, is the idea behind bail-ins. You technically get to “keep” your money because your liability on the banks balance sheet is restructured as equity, meaning the bank just takes your money to offset their liability to you while keeping their assets, and the newly created wealth is given back to you as equity. In an ideal world this is a good thing and the bank borrows infinite money now that they are bailed out and makes a ton of money now and your equity grows so you get back all your money, the haircut goes away.

[Anonymous No.53742432]

>>53738601
How retarded do you have to be to miss the other 6 gorillion quotes and cite this as a point
>>53736950
This is legitimately nonsensical
>>53741221
The east coast is hardly tel aviv
>>53741424
You will never be a chad or a woman, picrel
Imagine being so out of touch with reality that you bitch and moan like this when someone encourages you to be aware, prepare for real problems, and investigate things that are more than just sensationalist; that you just fall apart and cry yourself into whining 'niggerniggerniggerjew' till you fall asleep...
Btw chief, like everything else in life, you failed. I am not a jew or a glowie. Fuck the talmund and kill yourself and what not. In minecraft.
Except please actually hang yourself. Not in minecraft. You useless angey fuck. Especially after how hilariously wrong you are with this >>53741221