What is a bank run?
A bank run occurs when a large number of bank customers withdraw their deposits because they believe the bank might fail. As more people withdraw their deposits, the likelihood of default increases, and this encourages further withdrawals. This can destabilize the bank to the point where it faces bankruptcy.
This is nothing new it has happened many times in history and generally a major recession or depression hits.
In a recession or depression many people spend 90 plus percent of their income keeping a roof over their head and putting food on the table.
This is why knowing how to grow and farm become such prized skills and resources.
Here's another conspiracy theory that is bought to you by the very same people that were right about everything to do with convid and the plandemic.
There is an agenda at play where the outcome wanted is that everyone has a digital ID and lives in 15 minute cities, not so far fetched as most people live in neighborhoods or suburbs and most of everything they do is within 30 minutes of their home.
Look up smart cities there are government websites explaining how wonderful these are going to be.
So the next phase of this agenda is getting everyone on CBDC's (central bank digital currencies.)
Which means the population needs to lose faith in the banks and the current currencies.
If I were a wicked villain with a diabolical plan here is what I would do.
I would crash all the banks, locking people out of their savings potentially say it's some kind of global internet hack
I would crash the share markets and property markets wiping out rest of their capital
I would bankrupt the pension and super funds.
I would inflate costs of living so people are struggling to survive
Then I would roll up with a solution of offering people CBDC's probably even give them some free to get them started but to access them and the new internet you need a digital ID to keep you safe.
At first everyone would praise this savior but over time I would introduce restrictions on what they eat, their travel movements and way of life and if anyone rebelled they would lose points on their social credit system and be restricted from participating in society unless they did community service or payed a fine.
Of course this would be to save the planet, and this would be why 99% of the planet was off limits, if you were wealthy enough though you could buy carbon credits off poor people as they cant afford to travel anyway.
Anyways that's just me, I'm sure there is no diabolically evil people that meet in Davos every year and plan how they can increase their power and control.
As we are Free remember, slavery was banished a long time ago wasn't it?
Anyways you are seeing bank runs in USA right now just like the last recession in 2008.
But Australia is different hey we are safe?
Maybe but if you do have money in the bank I dare you to go up and try and get $5000- $10000 cash out and see how it goes.
Cash isn't king its great liquidity to buy things quickly
Gold and Silver is gods money, if you follow history every civilization so far resets to the gold standard.
Im unsure on crypto bitcoin could be good if you have it stored on a hard wallet.
Commodities eg things people need to survive, live stock, food, healthcare etc.
Communities is the way through, many of us have already started on this path.
Anyways tomorrow is the day the banks open up again in USA so if there was a diabolical plan tomorrow will be the catalyst of the bank runs.
Australia we are lucky our banks are open today so you could go withdraw some today and start shifting your resources so all your eggs aren't in one basket.
Every depression many lose it all but also its the greatest opportunity for wealth.
Ultimately its the opportunity of a lifetime 🙂