Rebel Capitalist Says: Time to Panic! No, Stay Calm and Think Clearly By James Reed
It seems that the bank collapses we saw some weeks back are now starting to accelerate, with regional US banks beginning to collapse, according to an analysis published by Zerohedge, linked below. There are lots of charts that the dedicated can devour, but the take-home lesson, as summarised by Rebel Capitalist, linked to YouTube also below, is that the push for Central Bank Digital Currencies (CBDC) will become irresistible given the economic pain that the ordinary people are going to experience. This is not just my untutored view, but one we are seeing expressed at economic sites such as Zerohedge, and numerous YouTube sites. This is all going so fast, that grassroots political action may not stop it in time, so people are going to need a Plan B, or are we down to C yet, just in case? No financial advice here, but common sense would indicate, having an adequate supply of basics, food, clothing, fuel etc., on hand would not go astray, as the cold weather is set to bite here in Australai. I cannot afford heating, but got a discount sleeping bag from Aldi, reduced from $ 45 to $ 15, which looks like a suit, and I can now hop around the flat like the Abominable Snowman, or is it kangaroo.
https://www.zerohedge.com/markets/st-just-hit-fan-across-markets-regional-banks-freefall
Comments