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ECONOMIC CALM BEFORE THE STORM: BANK BAILOUTS CONTINUE – YOUR MONEY IS NOT SAFE – CASH CRISIS
As the global economy continues to experience a period of apparent calm, hidden dangers lurk beneath the surface, posing serious threats to our financial security. One such danger is the ongoing bailout culture that plagues the banking sector, creating a false sense of stability while leaving taxpayers on the hook for risky investments and corporate failures. To exacerbate the situation, a cash crisis looms, endangering the accessibility and safety of our hard-earned money.
In recent years, we have witnessed numerous bank bailouts, where governments step in to rescue failing financial institutions with taxpayer funds. The rationale behind such bailouts is to prevent the collapse of major banks, which could potentially lead to a domino effect throughout the financial system. While this may seem like a prudent measure to safeguard the economy, it perpetuates a cycle of moral hazard, where banks are incentivized to take excessive risks, knowing they will be bailed out if those risks fail.
The 2008 financial crisis serves as a stark reminder of the dangers associated with bank bailouts. Major institutions, deemed “too big to fail,” were saved from bankruptcy, but at the expense of ordinary citizens. Governments injected massive amounts of taxpayer money into these institutions, which not only perpetuated a flawed financial system but also widened the wealth gap as ordinary people struggled to recover from the crisis.
Fast forward to today, and the cycle shows no signs of being broken. Just recently, governments around the world pumped trillions of dollars into the banking sector to support struggling institutions during the COVID-19 pandemic. The rationale, once again, was to prevent economic collapse. However, this practice only serves to delay the inevitable, as it fails to address the underlying issues within the banking system, such as excessive risk-taking and lack of accountability.
Moreover, the calm facade of economic stability is further threatened by an impending cash crisis. As societies transition towards digital currencies and electronic transactions, the accessibility and safety of physical cash are being compromised. While digital payments offer convenience and efficiency, they also leave individuals vulnerable to privacy breaches, cybersecurity threats, and potential censorship by governments or financial institutions. Additionally, a cashless society risks marginalizing those who cannot access or navigate digital platforms, widening the social and economic divide even further.
The consequences of these concerning circumstances cannot be ignored. Ordinary citizens, who entrust their money to financial institutions, are left exposed to the whims of a system that perpetuates risky behavior. Should another financial crisis hit, the burden of the fallout will undoubtedly fall upon taxpayers once again, while those responsible escape relatively unscathed.
It is time for governments and financial institutions to break free from this vicious cycle. Instead of relying on bailouts, the focus should shift towards instituting robust regulations, ensuring accountability, and creating a more resilient and responsible banking system. Furthermore, efforts must be made to protect and preserve the accessibility and safety of physical cash, recognizing its importance to segments of the population who rely on it for their livelihoods or privacy.
As citizens, it is essential to remain vigilant and engaged in the ongoing discussions and decisions surrounding the financial system. We must demand greater transparency, accountability, and a shift away from the perpetual practice of bailing out banks at our expense. Only through collective action and holding those in power accountable can we hope to create a more just and secure economic environment that truly protects the interests of the people.
That’s where my bug out house is (vacation home) I live in LA full time but that’s where I get away and most of my toys are. Gun laws are the best there.
INFOWARS.COM
Those who hold Socialist and Communist views we have been tolerating, but they have not tolerated us by them. These people speak our language, dress like us and eat the same foods we eat.
Never the less they are foreign invaders with foreign ideas and seek to destroy America and our Constitution.
jeremiah babe Have you heard of Convention of States? If you haven't I will leave a link so you can see what I'm talking about.
http://www.conventionofstates.com
Every freedom loving American should join and take our country back. 15 states have already passed resolutions and are on board. Will you? If your answer is Yes, go to the link I've posted.
Central banks are insolvent at inception.
Then it gets worse after that.
My mom has about 1 million cash in Sun Trust Bank in Florida. They are refusing to allow her to withdraw her money from the bank. They stated saying she was "incompetent" to manage her affairs. She proved that is not true, got a doctors letter. Now they are still refusing to allow her to have her money. She has to pay company income tax and they will not allow her to pay tax. What do you make of this? Do they have no money to fund her request?
That fire illustrates how quickly things can change alright. I saw the light around 15 years ago and God directed me into the precious metals market for safety. People said I was nuts back then and my daughter still thinks so but I've done it all for them. Criticism comes easy from those in darkness but when you realize that Gold is first mentioned in the book of Genesis and then repeated over 800 times thereafter you simply have to wonder who the nut is, them or God. I choose the former.
So . 2008 wasn't worning enough . So the government bailed out bank because of bull shit business practices.
I happened across your video because I'm very interested in the current bank bailouts (repos) – the Fed says they are going to inject $75billion a day through Nov. 4th and that's just what they're telling us. How much are they "printing" that we don't know about. No one is calling this quantitative easing but it sure looks similar to what the Fed did post 2008 to shore up the economy. We have skyrocketing debt! And the WH is calling for a weaker dollar and criticizing the Fed for not cutting rates fast enough! I'm finding a big disconnect between being told this is a good economy and seeing the Fed act as though we are in trouble. So, it seems to me that you are spot on, Jeremiah, when you suggest things are not right. But perhaps you can shed some light: WHY do we have a liquidity problem? Why are banks not lending to other banks? Why do they need the repos. I feel as though I'm missing a critical point here. I would really appreciate your feedback, Jeremiah. Thanks!
It is just another extraction of wealth from the U.S. to China .
Great video, open spaces,from southern Calif, very crowded. Thank You, Yes one man cannot take control over the Bad if they are not in Jail. They still have all their Power. They are in this till the end of our time & beyond.
Look at all these comments! Impressive. Keep it up !
http://www.shadowstats.com/alternate_data
One of the single most valuable things that I've learned in life… almost too late… in my late 20s… is that having money sitting in the bank is just about the worst thing you can do with it. Money is a constantly depreciating asset. From 1987 to 2019 the inflation rate on the dollar has been 126%. Don't believe me? Go look it up. I'll wait.
Why would you ever want to own an asset which is constant depreciation due to inflation? Instead, use it to own things that don't depreciate. Gold, Silver, and when the market crashes… buy up stocks. Gold and Silver aren't money. They are assets just like a car or house.
https://www.ccn.com/u-s-housing-market-crash-officially-here/
Best Economy in 100 years in there entire world………….
Yes savers of cash are being punished, but investors are being rewarded. My stock portfolio hit an all time record high again today. My portfolio increased in value more this month, than I earn in one year! I hope the Fed keeps printing that money. Don't be so negative. Central banks around the world "WILL NOT" allow deflation. They can't or the system will fall apart. Massive inflation the the only way out. Investment assets will continue to grind much higher.
He doesn’t know what he is talking about !!!!
It alway starts in the 3rd world countries and works it way up. It's happening as we speak.
Food shortage coming soon, maybe before Thanksgiving. Prepare now, prepare.
The economy is just the tip of the iceberg, watch Steve Quayle, get the truth.
Jb thanks for your time. From the look of your usual back drop where you film you are doing well. Word to the wise, get out of there soon. Unless you're able to grow your own food and live without electricity.
JB good idea to get out of CA. Let’s see wildfires, earthquakes, power outages, homelessness, $4.00 a gallon gas; the state is bankrupt, have I left anything out?
Just think how beautiful it was there150 years ago
Venezuelans buying gas with cigarettes to battle inflation
Today's news report housing markets will crash of course because no one have fucking money
https://youtu.be/CZvUIA8WZ04
What part of Arizona are you in? Beautiful…….
The federal reserve needs to to go!
good talk …
Antifa gonna roll with some shit bitches
Arizona is beautiful state along Interstate 10 when you get closer to New Mexico like your video
So! What to do ?
Tune in to the BLAZE …GLENN BECK FOR MORE NEWS.
SHAYS REBELLION COMING TO A CORNER.NEAR YOU
Wv Governor announced a 100mil budget cut today. They said it was because low coal and natural gas revenues that have been coming in.
HEY JB , FOOD FOR THOUGHT 1,MASSIVE FIRE IN GEYSER CA. 2 2 BRIGADES OF MARINES AT 29 PALMS ,CA . 3 POWEROUTAGES , 4 PRESIDENT TRUMP CALLS OUT OBAMA ADMINISTRATION FOR TREASON . WISKEY TANGO OUT .
Nothing is going to happen.
Banks usually only have about 10% of total cash deposited on hand in actual cash at any given time.Cash crisis could happen very easily with a bank run.
Oh, yeh dude, that is the problem, and I am quoting you (at 7:04 minutes) (loosely paraphrasing), "…it is so sad to see in America, people sleep, worship athletes, drink their beer and do their drugs. It is a shame and disheartening to see…." Dude, you are a parrot for Fox News and what you state about why the state of America is in the precarious position it is in makes absolutely ZERO logical sense. I wish you all the best and opening for this video was/is beautiful, good job on that, but you are lost logically my friend. That is just my opinion and you can dismiss it at your discretion, no problem. Fox News Brainwash Count + 1. Thank you:).
Don't worry your boy Trump will fix everything anything that's not nailed down the Republican will take it from the average American and give it to the rich
Arizona is nothing compared to the hill country of Texas, the Big Bend area, or the stark desolate beauty of the panhandle