>>12751777 PB
>>12752002 PB
Sauce is abundant, take the numbers from my memory to be within 10% below.
This is written as meme ammo, not news. Find a message in this horror and let’s spread it.It is truly our biggest threat as a civilization
I have tried to make this as normie friendly as possible.
If TLDR, save it and read it later
What wouldn’t you do for a credit card with a $50K daily limit that never gets cut off? What would some people you know do? What if it was a $1M daily limit?
Do you understand that the people that print out money all over the world have nothing to do with the governments of the countries they print money in?
People vote for the government in respectable free societies and they grant that government the authority to spend money. Those governments were captured or hoodwinked generations ago and allowed the creation of their currencies to be controlled by a few very powerful families.
The federal reserve prints money and then loans it to us. The federal reserve is owned by its member banks (the 13 federal reserve chapter banks) who are in-turn owned by the banks that they regulate. Meaning that Wells Fargo, Citi and JPM are the biggest owners of our federal reserve. No wonder when the world goes on a COVID lockdown induced spending spree they see record gains in earnings during the worst year for everyone else.
Here is their only problem, reserve requirements. If you deposit $100, the bank must maintain at least $X (usually between $6-$30 globally) in liquidity in order to sustain a mass withdrawal scenario. They must also maintain a very high asset to deposit ratio (80-95%)!to be considered solvent. When they sustain losses above their cushion, they must borrow cash from other banks. This used to be easy and only cost around 1%.
Here is what is happening to break the Fed (I.e. the member banks) in this anons opinion:
These banks lost a mountain of money in sept 2019 when some drones or missiles hit the Saudi processing facility (oil price about $50, with many stock charting technicals screaming overbought).
-sidebar; the media reported the impacts were on the northwest side of the compound so they must have come from Iran (WTF that is Israel or US forces in Syria).
The following opening of IBOR (Interbank Overnight Rate) sees it blow out to 10%!!!
One or more banks lost their asses and other banks knew about it and refused to loan to them or were unable to.
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