Just been listening to this......Only 30 minutes in and its NOT looking good......The U.S's days are very numbered.......I'm scared https://www.youtube.com/watch?v=GFBU8DUEpvs
I had until I listened to this! Is this stuff out ther on the internets REALLY TRUE? IF it is i'm EXTREEMELY worried!
Haven't bothered watching it but guarantee it's the same drivel I watched when I first started stacking. And guess what, nothing has happened in the two years since. It might seem like we're on the cusp of some big disaster (certainly feels like it) but it's all just hyperbole to increase views. Anyone can start a YT channel, there's no reason to put stock into what they say.
X22 report is a master of YouTube fear/doom porn. I don't watch his channel anymore because he always succeeds in freaking me out too much :-D. I think you have to take his show with the biggest grain of salt imaginable.
What is the big deal about bail-ins? If a customer of yours goes under and files bankruptcy, you are bailed in. All countries days are numbered, but the US has a long ways to go. Did you notice the USD is breaking out to the upside? Our banks have recapped, have yours? If you want to spend your life in doom and gloom, go for it. But you will have effectively done to yourself what you are saying the government is doing to you.
G20 conference...Brisbane... December 2014... Does anyone know what is on the agenda? Maybe Bail-Ins and the TPP...? If these are on the agenda and go through, then it is all over red rover. Re Dccpa...post 14...Not many experts in the USA predicted the 2007/08 crash. Also how many derivatives do USA banks hold? Australian banks (top4) are making record profits for the last financial year but then again do they put derivatives on their yearly balance sheets? Regards Errol 43
The US banks are holding trillions of derivatives..............................for the Aussies, the Chinese, the Japanese, the Europeans, etc., etc., etc. :lol: You don't think when derivatives go kaput, they won't change the rules and nullify the derivates? I do. Maybe they mark them to market, as of the day before or maybe they use another scheme that will protect the banksters. They will protect their own and we ain't one of them.
You shouldn't be scared but you should be worried. And so you should be preparing to be totally self-sufficient in food and water and day to day cash for a 2-3 week period. A bit of tradeable silver and gold might be useful too. In the words of the late and great Louis B. Mayer: 'Most of the things you worry about never happens'