KTFA
BearCinnebar » October 15th, 2019
KTFA family this information could be important and some members have already made comments on this subject ...
We all should understand how the REPO CREDIT MARKET works:
1. So in the news it is saying the Federal Reserve has been pumping billions into the banking system through its repo credit market ( Repurchase Agreements ).
2. The Credit Market for short term or overnight borrowing came to a screeching halt. Money availability to lend dried up.
3. Two weeks ago the interest rate for short term lending went from 2% per year to 10%. OVERNIGHT.
4. The last time the credit market seized up was in 2007, one year before the 2008 meltdown.
5. Could this be a sign of what could come in the near future?
6. When banks begin failing, the U.S. Government is no longer bailing them out with taxpayer funds or the FDIC.
7. We have a new law called The Dodd-Frank Act. It was signed into law in 2010 under President Obama.
8. It's known under many different names: The Dodd-Frank Act, Wall Street Reform and Consumer Protection Act, Public Law 111-203, or as H.R. 4173, and as Bank Bail-ins - Google these phrases.
9. The law states U.S. banks may take its depositors funds ( i.e. your checking, savings, CD's, IRA & 401(K) accounts and use those funds when necessary to keep the bank itself afloat.
10. That means: if your bank is heavily invested in derivatives, or makes bad loans to sub-prime borrowers, or manages the bank poorly and can't service its debt, or if there is another 2008 banking crisis, or worse as all of the above
11. Instead of that bank going bankrupt and the banks assets sold off to be given back to its depositors…
12. Now the bank simply keeps your money and guess what? The bank is no longer bankrupt. Did you read that? The Bank Keeps Your Money.
13. YOUR ACCOUNT IS NOT FDIC INSURED WHEN THE BANK TAKES YOUR MONEY. NOT ONE SINGLE PENNY.
14. It's the law of the land and there is nothing you can do about it. Welcome to the 21st Century in the United States of America.
IMO: Before anything, to be informed you can read this: How To Protect Your Savings From Bank Seizure.
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
BearCinnebar » October 15th, 2019
KTFA family this information could be important and some members have already made comments on this subject ...
We all should understand how the REPO CREDIT MARKET works:
1. So in the news it is saying the Federal Reserve has been pumping billions into the banking system through its repo credit market ( Repurchase Agreements ).
2. The Credit Market for short term or overnight borrowing came to a screeching halt. Money availability to lend dried up.
3. Two weeks ago the interest rate for short term lending went from 2% per year to 10%. OVERNIGHT.
4. The last time the credit market seized up was in 2007, one year before the 2008 meltdown.
5. Could this be a sign of what could come in the near future?
6. When banks begin failing, the U.S. Government is no longer bailing them out with taxpayer funds or the FDIC.
7. We have a new law called The Dodd-Frank Act. It was signed into law in 2010 under President Obama.
8. It's known under many different names: The Dodd-Frank Act, Wall Street Reform and Consumer Protection Act, Public Law 111-203, or as H.R. 4173, and as Bank Bail-ins - Google these phrases.
9. The law states U.S. banks may take its depositors funds ( i.e. your checking, savings, CD's, IRA & 401(K) accounts and use those funds when necessary to keep the bank itself afloat.
10. That means: if your bank is heavily invested in derivatives, or makes bad loans to sub-prime borrowers, or manages the bank poorly and can't service its debt, or if there is another 2008 banking crisis, or worse as all of the above
11. Instead of that bank going bankrupt and the banks assets sold off to be given back to its depositors…
12. Now the bank simply keeps your money and guess what? The bank is no longer bankrupt. Did you read that? The Bank Keeps Your Money.
13. YOUR ACCOUNT IS NOT FDIC INSURED WHEN THE BANK TAKES YOUR MONEY. NOT ONE SINGLE PENNY.
14. It's the law of the land and there is nothing you can do about it. Welcome to the 21st Century in the United States of America.
IMO: Before anything, to be informed you can read this: How To Protect Your Savings From Bank Seizure.
Source: Dinar Recaps
______________________________________________________
If you wish to contact the author of any reader submitted guest post, you can give us an email at UniversalOm432Hz@gmail.com and we'll forward your request to the author.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on this site. Information posted on this site may or may not be fictitious. We do not intend to and are not providing financial, legal, tax, political or any other advice to readers of this website.
Copyright © 2019 Dinar Chronicles
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