The “Dollar Bubble:” Natural News talks about how the
next “housing bubble” will be inflation, and many are withdrawing cash from the
big banks to prepare
I remember it well, everyone saw the housing values going
crazy from 2003 to 2006, and everyone became at least a small time investor,
pulling money out of stale 401k’s and stagnant stocks and buying real estate,
whether to house hop and flip for cash, or just to buy and rent, while raking
in the equity cash. But who knew brick houses that are well taken care of could
DEPRECIATE? Who knew that nice condo’s by the ocean and the bay would lose 50%
of their value in 2 years or less? Who knew? Maybe a select few knew. Maybe
more knew, way more than people think. Wall street knew. Wells Fargo knew.
Chase Bank knew. Bank of America knew. It happened before, it just happened to
be decades and decades ago, when a lot of the young and middle aged
“entrepreneurs” weren’t born or old enough to remember that sort of thing. But
it happened, and the big bankers and the global elite knew, and they even
bought insurance to cover their “assets” and toxic “paper.” The HOUSING BUBBLE
BURST AND SO WILL THE MONEY BUBBLE.
Natural News has a track record of calling out the nemesis
of our time, those unfortunate monumental events and disasters that rip through
homes, and lives, and cities, towns, and states.
Some are planned out well:
Some are planned out very poorly:
Some aren’t planned at all, but we know they’re coming, and yet still
very few prepare or even know how to:
This one is planned. The money bubble is well planned. Are
you ready?
The money spending and cliff diving situation is like two
locomotives heading right towards each other at full speed on the same track. It’s
inevitable. Inflation is inevitable and so are the latest “disasters.” Know,
people of this generation, people of these last few decades are getting
smarter, and now, thanks to Natural News and Prison Planet, people are starting
to prepare. Why? Because you will not be able to access your cash if the Big Banks decide a crisis is too large
for them to handle.
“Following The Great Depression, a financial regulation
known as The Glass-Steagall Act of 1933 was passed. This act introduced banking
reforms, some of which were designed to control banking and mortgage
speculation. It clearly established a separation between Wall Street investment
banks and every day depository/ATM banks. In a nutshell, The Glass-Steagall Act
kept investment banks from using other people’s investment money (401K,
pension, personal investments etc.) to create mortgages or invest in
speculative ventures including real estate.”
The
Wall Street Casino!
“The Glass–Steagall Act was strategically repealed in
1999 by the Clinton
Administration, making way for the passage of the Gramm-Leach-Bliley Act, which
effectively solidified the separation that previously existed between Wall
Street investment banks and depository banks. The repeal of Glass-Steagall
needed to happen for bankers and Wall Street firms to be able to gamble with
their clients’ investment money in the housing market and receive the cushion of
a taxpayer funded bailout should things go awry. Wall Street was now a casino,
legally accepting bets with Main Street ’s
investment money.”
Natural News and Mike Adams: “You
probably haven't heard much about it from the mainstream media, but the latest
figures released by the privately-owned Federal Reserve (FED) indicate
that America 's largest banks saw record cash withdrawals during the
first full week of January 2013. As reported by Bloomberg Businessweek
and scant others, account holders withdrew a record $114 billion in just one
week, which represents the largest one-week withdrawal sum made in America
since the September 11, 2001, terrorist attacks.”
Learn more: http://www.naturalnews.com/038902_fractional_reserve_banking_withdrawals_economic_collapse.html#ixzz2JYvKt6xb
Learn more: http://www.naturalnews.com/038902_fractional_reserve_banking_withdrawals_economic_collapse.html#ixzz2JYvKt6xb
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