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Message Subject 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
Poster Handle St Tidbits the Odd
Post Content
Thread: G20 Rules Make Bank Bail-ins a Reality
Thread: Banks admit to $1 TRILLION in "non-performing" loans; must be re-capitalized using depositor money thru bail-ins!
It's not like we haven't been covering this for a very long time. Bob Chapman said "keep only 3 months operating expenses" in the banks, and if you own a business "6 months operating expenses". GLP also covered Greece and Cyprus. GLP alos scoffed at Constitutional money (AU/Ag) in favour of 'get rich quick crypto' BS. There ain't no free lunches.
 
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