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There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days

 
Anonymous Coward
User ID: 78916826
United States
09/23/2022 11:52 AM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
My online bill pay is down.
Loup Garou

User ID: 80950725
United States
09/23/2022 11:53 AM

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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Death to Nimrodism/monarchism

Something internet-y will happen before the month is out.
That's why they had their little orgy about it 2 months ago.
 Quoting: TheDarkMan


The GHOUL Klaus Schwab who is The Founder Of The World Economic Forum And Proponent Of The Great Reset proudly proclaims, "You will own NOTHING, and you will be happy"

I am going to say it again and again, if it weren't for this 1% of evil thugs who we are allowing to rule over us, if not for them we would all be prospering, the division and schisms that they create and push would rarely exist.

These are the same ilk as the Money Changers in the temple that Jesus confronted and flipped their tables over. They are still playing their same old game. I have recently been hearing many researchers calling them the line of Cain.

Who were the money changers, usury and all manner of evil against their brother.

[link to www.gotquestions.org (secure)]
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!

#Kids2
Anonymous Coward
User ID: 76536026
United States
09/23/2022 11:55 AM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
After the news of fraudulent elections, Trump comes back?
 Quoting: Anonymous Coward 78011627


If it actually existed, it would have come out at one of the hundreds of sore loser court cases before it got laughed out of court like all the others
Anonymous Coward
User ID: 69766872
United States
09/23/2022 11:56 AM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
you are a janitor on the top floor?
 Quoting: Anonymous Coward 72538699
Lex Talionis

User ID: 80942704
United States
09/23/2022 12:00 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
I get paid every two weeks with direct deposit. Today is payday. Company wide email just went out, “there is an issue with our payroll system. We are working with our provider and will give updates when we have them”.
 Quoting: Anonymous Coward 77998523


Say it’s not ADP
"Tolerance is the lube that helps slip the dildo of dysfunction into the ass of a civilized society." Plato
Loup Garou

User ID: 80950725
United States
09/23/2022 12:00 PM

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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Argentina?

[link to en.wikipedia.org (secure)]

The Argentine depression, began after the Russian and Brazilian financial crises,[1] caused widespread unemployment, riots, the fall of the government, a default on the country's foreign debt, the rise of alternative currencies and the end of the peso's fixed exchange rate to the US dollar.

The economy shrank by 28 percent from 1998 to 2002.

In terms of income, over 50 percent of Argentines lived below the official poverty line and 25 percent were indigent (their basic needs were unmet); seven out of ten Argentine children were poor at the depth of the crisis in 2002


VULTURE BONDS??? vulture/hedge funds.

lesson 1

the crisis was not caused by fiscal profligacy: the worsening of the central government's fiscal balance from 1993 to 2002 was not a result of increased government spending (other than interest payments).

Rather, there was a decline in government revenue due to the recession, which began in the third quarter of 1998.

More importantly, Argentina got stuck in a debt spiral in which higher interest rates increased the debt and the country’s risk premium, which led to ever higher interest rates and debt service until its default in December of 2001.
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!

#Kids2
Loup Garou

User ID: 80950725
United States
09/23/2022 12:06 PM

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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
1998 Russian financial crisis

[link to en.wikipedia.org (secure)]

The Russian financial crisis (also called ruble crisis or the Russian flu) began in Russia on 17 August 1998. It resulted in the Russian government and the Russian Central Bank devaluing the ruble and defaulting on its debt. The crisis had severe impacts on the economies of many neighboring countries.


///

how did they come back from this crisis??

Russia bounced back from the August 1998 financial crash with surprising speed. Much of the reason for the recovery is that world oil prices increased rapidly during 1999–2000 and Russia ran a large trade surplus in 1999 and 2000. Another reason is that domestic industries, such as food processing, had benefited from the devaluation, which caused a steep increase in the prices of imported goods.


///

now look at the USA under the O'Biden regime, they shut down all drilling, stopped the pipeline, if not for these treasonous measure we would be prospering.. Just sayin...

:keystone turd:

Obama pipeline ???
Just because YOU don’t believe
in the Rougarou; or the Loup Garou, don’t make you safe; No !

The Constitution is a blend of 'moral certitude' -- which is one of the reasons that criminals are determined to be rid of it and We the People must be even more determined to defend it.

"If there must be trouble, let it be in my day, that my child may have peace." - Thomas Paine

The only thing the Illuminati fears is an independent person who can live, eat, sleep, stay warm and defend themselves separate from Federal help. Pray that the Lord gives us more time! The End is near and time is short!

A fool takes no pleasure in understanding, but only in expressing his opinion. ~Proverbs 18:2


For those who understand, no explanation is needed. For those who do not understand, no explanation is possible

"A candle loses nothing by lighting another candle" - James Keller

Checkd, Keked, and Rekt!

#Kids2
Anonymous Coward
User ID: 76825645
United States
09/23/2022 12:06 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
I get paid every two weeks with direct deposit. Today is payday. Company wide email just went out, “there is an issue with our payroll system. We are working with our provider and will give updates when we have them”.
 Quoting: Anonymous Coward 77998523


Say it’s not ADP
 Quoting: Lex Talionis


Bingo!
Anonymous Coward
User ID: 70933854
Switzerland
09/23/2022 12:15 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
The entire western house of cards has been standing (shaking) since 2008, only because of low interest rates. Suddenly the rates started going sky high (by decision) - what do you think will happen? And by design or accident????
Coastie Patriot

User ID: 78683711
United States
09/23/2022 12:19 PM

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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Thread: MAJOR Breaking !!!!!ARE THEY COLLAPSING DOLLAR???EVERY STOCK ON CNBC TICKER IS DOWN , TURN ON AND WATCH !!!!! 9-24-022???
Coastie Patriot
SIC SEMPER TYRRANIS

THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!

Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."

Well, I mean, no one can tell the difference anymore between what's real and what's fake.

Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat

A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-

Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-

to grow up remembering th

My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!

Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
Anonymous Coward
User ID: 83625318
United States
09/23/2022 12:20 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Absolutely correct, serpent seed, sons of Cain. Read Revelation 3:9.
Anonymous Coward
User ID: 76947546
Germany
09/23/2022 12:21 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Scrolling message on my Credit Union says they are "Converting to a new online banking platform and mobile app update" on Sept. 27. New security info will be required.

...this is credible IMO. Get some cash out today.
 Quoting: Anonymous Coward 78952434

Bank here did the same last month.
Anonymous Coward
User ID: 79384754
United States
09/23/2022 12:22 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
ALSO PLEASE NOTE: THE NATIONAL ENERGY GRID PLANS ON RAISING PRICES 64% NOV 1.
specialty

User ID: 84159995
United States
09/23/2022 12:39 PM

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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
What would be considered a precipitous drop in the market today, 3,000 points on the DJIA?
StayCurious

User ID: 80414467
United States
09/23/2022 01:06 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Well, the pound has gone down a lot since yesterday, so there is that.
Anonymous Coward
User ID: 83410557
United States
09/23/2022 01:11 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
What would be considered a precipitous drop in the market today, 3,000 points on the DJIA?
 Quoting: specialty


They would freeze the markets before they let it fall that much in one day. If this goes on for weeks then we know its real.
Anonymous Coward
User ID: 14956813
United Kingdom
09/23/2022 01:14 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Well, the pound has gone down a lot since yesterday, so there is that.
 Quoting: StayCurious


That's only due to the mini budget announced today with the UK going for a low tax higher borrowing policy.

I expect the bank of England to do an emergency interest rate rise next week to calm the markets.
Anonymous Coward
User ID: 84246394
United States
09/23/2022 01:18 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Some credible truth to this. Work at Deutsche Bank and we were sent home early today
 Quoting: Anonymous Coward 81159229


Work at a big bank in Germany. Can't say alot due to many reasons. Confidentially etc

it varies from bank to bank, management or office operations, It would of been well covered in employee contracts if you work in the front office yoy arnt getting a strange meeting request from anyone and are not going to be privy to this information. What I will say though is that is has been absolutely mayhem over the last couple of days. Small time people. You will just be let go. Many small time employees in these roles have had their contracts terminated over the last week

In the front office, their are 2 schools of thought of what is happening at the momenent, their is the classic trying to reduce numbers as crypto and central bank currencies are brought in and alot of jobs can be replaced with ai now but how it has been going round is generally you will turn up to the office sometime around 7.00 and your pass won't work. A security guard will come to help you and escort you into a meeting room where hr are waiting with a letter informing you of the bad news and schedule a follow up meeting. This can be brutal especially if their is a queue of victims in front of you. I have been responsible in over seeing some of this over this week. Many people crying and swearing.

The second approach this week that I have seen happening is you will be sitting happily trading when your manager appears behind you and ask you to come to a meeting. while you are in the meeting an IT guy is turning off your systems and a security guard packing up your stuff to give you when you leave meeting.

In general when you are fired you will never step a foot back on the trading floor unescorted again.

I have no idea if I will be let go but I am shitting it for next week.
 Quoting: Anonymous Coward 84132392


No idea if this means anything but our local credit union was closed Tuesday for “staff development.” Word in our small town is that half the staff was let go.
 Quoting: Littlebit Too


What is worrying is that for investment banking analysts it is actually very difficult and rare to get fired but they are getting fired. The banks also need risk management teams which are getting laid of in huge numbers
Anonymous Coward
User ID: 33477051
United States
09/23/2022 01:19 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
What would be considered a precipitous drop in the market today, 3,000 points on the DJIA?
 Quoting: specialty


Typically if the circuit brakers are hit.

Market volatility regulations
Circuit breakers
Circuit-breaker points represent the thresholds at which trading is halted market-wide for single-day declines in the S&P 500 Index. Circuit breakers halt trading on the nation's stock markets during dramatic drops and are set at 7%, 13%, and 20% of the closing price for the previous day. The circuit breakers are calculated daily.

Level 1 halt (7%)

Trading will halt for 15 minutes if drop occurs before 3:25 p.m.
At or after 3:25 p.m.—trading shall continue, unless there is a Level 3 halt.
Level 2 halt (13%)

Trading will halt for 15 minutes if drop occurs before 3:25 p.m.
At or after 3:25 p.m.—trading shall continue, unless there is a Level 3 halt.
Level 3 halt (20%)

At any time during the trading day—trading shall halt for the remainder of the trading day.
Anonymous Coward
User ID: 84246408
Germany
09/23/2022 01:25 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Announcement will come at the weekend so you can't withdraw your savings. Australia central bank has gone bust.

The central bank has equity wiped out by billions in bond losses.



Anonymous Coward
User ID: 84246455
United States
09/23/2022 01:27 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
bump
Anonymous Coward
User ID: 84246394
United States
09/23/2022 01:28 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
If there firing investment banking analysts its gottta be bad
Anonymous Coward
User ID: 4839617
United States
09/23/2022 01:47 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
God loves Tzar Vladimir
Anonymous Coward
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United States
09/23/2022 01:48 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Tears are streaming down my face as I read this...
Anonymous Coward
User ID: 81060185
United States
09/23/2022 01:56 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Well, the pound has gone down a lot since yesterday, so there is that.
 Quoting: StayCurious


That's only due to the mini budget announced today with the UK going for a low tax higher borrowing policy.

I expect the bank of England to do an emergency interest rate rise next week to calm the markets.
 Quoting: Anonymous Coward 14956813


Emergency rate increases don't calm markets. It will do the opposite. If a central bank has to do an emergency increase it's like an acknowledgement that they've lost control.
Anonymous Coward
User ID: 83892304
09/23/2022 01:59 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
The entire western house of cards has been standing (shaking) since 2008, only because of low interest rates. Suddenly the rates started going sky high (by decision) - what do you think will happen? And by design or accident????
 Quoting: Karlgel


I think the fed is still printing about $50 billion a month to purchase toxic assets.
Idaho Potato

User ID: 74006451
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09/23/2022 02:02 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Tears are streaming down my face as I read this...
 Quoting: Anonymous Coward 84198976


hesright
Idaho Potato, it's what's for dinner
Anonymous Coward
User ID: 83440188
United States
09/23/2022 02:06 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
I work in a US megabank, larger than any UK bank. What the OP posted is BS. Banks are shedding mortgage employees because the retail housing market is collapsing, but that is a cyclical business anyway.
Anonymous Coward
User ID: 76947546
Germany
09/23/2022 02:08 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
Oh, here comes the "My Bank is bigger than your Bank"
and that is why we MUST believe the bigger ...
1rof1
Anonymous Coward
User ID: 84010572
Turkey
09/23/2022 02:13 PM
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Re: There will be a liquidity and credit crisis as banks and online payment systems are about to suffer a huge outage in the coming days
I work in a US megabank, larger than any UK bank. What the OP posted is BS. Banks are shedding mortgage employees because the retail housing market is collapsing, but that is a cyclical business anyway.
 Quoting: Anonymous Coward 83440188


i work for NASA bank and can verify we have colors





GLP