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The entire western financial system has a fatal flaw that will spell its undoing | |
The entire western financial system is based on "fractional reserve" banking, which is all based on the assumption that people don't move very quickly -- nor simultaneously -- to withdraw their money from financial institutions. But in the age of rapid information transmission and accelerated awareness of bank insolvency, large groups of people can pull their money out of institutions in mere hours (instead of the many days it used to take). Given that hundreds of banks in the USA are right now technically insolvent, this fractional reserve structure is almost begging for a wipeout as people learn the truth about their deposits not existing. Plus, see lots of breaking stories below, including stories on the truth behind the Pentagon "leak" (it was an op), the feds' war against Amish farmers and more. |
Today's Featured Videos |
Brighteon Broadcast News, April 17, 2023 - Fiat date with fate: The entire financial system will soon be obsolete |
Why the entire western financial system has a fatal flaw that lead to its demise |
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Today's Featured News |
Armed federal agents threaten Amish farmer: embrace pesticides or be destroyed |
Watch as Mike Adams speaks with 16-year-old Venezuelan refugee who fled tyranny with her family |
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It never ends: New Zealand extends mandatory 7-day covid quarantine until 2024 |
IMF unleashes Unicoin, a new global CBDC intended to enslave the entire planet under a one world digital currency |
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