Run on US bank

[GoldDiggerDave]

3 minutes ago, HerefordBullyun said:

Too big to fail mate, thats the problem not the solution.

They wont have a great reset until CBDCs are introduced absolute fact. There will be more banks going down between now and then.

Until then the tax payer will be picking up the tab, and the most frightening thing about CBDC's is you will be taxed at source immediately and it will be instant. 

The bail outs will  continue until morale improves.....

It’s now the fastest race to the bottom, all Fiat fails, they are just doing at all the same time, without a doubt CBDC will be pushed as the saviour of when it’s really the ultimate financial trap.  
 

 

[HerefordBullyun]

1 minute ago, GoldDiggerDave said:

It’s now the fastest race to the bottom, all Fiat fails, they are just doing at all the same time, without a doubt CBDC will be pushed as the saviour of when it’s really the ultimate financial trap.  
 

 

Thats why I shall be retiring in a country that doesn't want CBDC's

Edited March 16 by HerefordBullyun

[MrTT]

 

[Lordwolfsbeard]

2 hours ago, HerefordBullyun said:

Thats why I shall be retiring in a country that doesn't want CBDC's

Where are we all heading then ? 

[GoldDiggerDave]

 

[GoldDiggerDave]

The more I watch about these banks failing the more I think we will see what happened to our energy companies, one after another failed that got swallowed up by 2 major companies which gave them a strangle  hold on the market to hike up our bills 300%.

In the US they have already said they will only back and guarantee the larger banks so the smaller banks are dead, everyone with any deposits will move the the larger banks, and then the larger banks will just buy up the smaller banks for cents on the dollar.   

Next will be the UK, there will only be 3-4 major banks that most of us can bank with.......whats the end goal?   Zero choice and zero options just like your energy bill everyone is on a variable rate, the same will be for loans, credit cards and mortgages. 

It's the same pattern over and over. 

[Lordwolfsbeard]

7 minutes ago, GoldDiggerDave said:

The more I watch about these banks failing the more I think we will see what happened to our energy companies, one after another failed that got swallowed up by 2 major companies which gave them a strangle  hold on the market to hike up our bills 300%.

In the US they have already said they will only back and guarantee the larger banks so the smaller banks are dead, everyone with any deposits will move the the larger banks, and then the larger banks will just buy up the smaller banks for cents on the dollar.   

Next will be the UK, there will only be 3-4 major banks that most of us can bank with.......whats the end goal?   Zero choice and zero options just like your energy bill everyone is on a variable rate, the same will be for loans, credit cards and mortgages. 

It's the same pattern over and over. 

New World Order.

[ArgentSmith]

I'm just glad Harry and Megan were made whole, and everyone gets to do their bit bailing them out. Imagine losing all that money you worked so hard for just because you didn't have foresight and take personal responsibility.

[Zeuk]

27 minutes ago, GoldDiggerDave said:

The more I watch about these banks failing the more I think we will see what happened to our energy companies, one after another failed that got swallowed up by 2 major companies which gave them a strangle  hold on the market to hike up our bills 300%.

In the US they have already said they will only back and guarantee the larger banks so the smaller banks are dead, everyone with any deposits will move the the larger banks, and then the larger banks will just buy up the smaller banks for cents on the dollar.   

Next will be the UK, there will only be 3-4 major banks that most of us can bank with.......whats the end goal?   Zero choice and zero options just like your energy bill everyone is on a variable rate, the same will be for loans, credit cards and mortgages. 

It's the same pattern over and over. 

Been thinking this quite a bit too, almost like the big companies are fighting back against the smaller or newer disruptors. Rather than let their market be eaten away they can rebuild from the ashes

[ady]

Follow the money, never lost only transferred.

 

[GoldDiggerDave]