HenryMakow.com – March 6, 2024
Many banks are teetering on the edge of insolvency.
“If you’ve been suspicious that the government and banking cartel have been purposefully trying to destroy the economy, it’s because they are – or at the very least they don’t care if it collapses. The plan is to eventually generate a crisis so bad that all of your assets suddenly disappear, triggering the SIPC insurance program to return up to a maximum of $500,000 to every individual with accounts at one of their member banks.
This will not be returned in dollars as that would be impossible. Instead, a new currency will be issued: a Central Bank Digital Currency, and your insured savings will be returned in that. Your only other choice will be to lose everything, so I think we can have high confidence that everyone will line up to take whatever deal they are given.”
By Tom Ford – (henrymakow.com)
Linked below is a very low level documentary along with the book it is based on. It discusses the astonishing and terrifying true nature of our financial system. Here’s a high level synopsis.
All tradeable securities (stocks, bonds, ETFs, etc) are held by central clearing banks in large pools. In a strict, purely legal sense, the bank owns these assets and you only own a “claim” to them. The bank uses virtually all of these securities as collateral to create derivative contracts and sell them to third parties. Those third parties are first in line to get paid if the bank’s assets (ie. your savings) have to be liquidated. You are last in line, meaning all of your assets, your retirement, and everything you think you own in your savings will be gone in a large enough banking crisis. Yes, this includes your 401K, your pension, and everything in your Robinhood portfolio.
This is completely legal. They’ve been slowly changing the laws and winning court cases for the last several decades to make this happen.
If you’ve been suspicious that the government and banking cartel have been purposefully trying to destroy the economy, it’s because they are – or at the very least they don’t care if it collapses. The plan is to eventually generate a crisis so bad that all of your assets suddenly disappear, triggering the SIPC insurance program to return up to a maximum of $500,000 to every individual with accounts at one of their member banks.
“Many banks are teetering on the edge of insolvency.”
The banks were bust before 2008 (7/6)!
What is Makow using, the best UKrainian sherbet?
“If you’ve been suspicious that the government and banking cartel have been purposefully trying to destroy the economy, it’s because they are – or at the very least they don’t care if it collapses.”
Errrr, they’ve been busy trying to destroy the global economy since 2008, and this process actually began in the late 90s.
“Bank Failures Will Force People to Accept CBDC’s”. This is the headline, if you missed it. Swap the fourth word for sheeple. There’s no force required, they are thicko sheeple.
I’ve been listening to Gary Stevenson. He’s intersteing, but he’s telling me nothing that I didn’t know before he even started trading. One of his main lines of attack is ‘distribution’, That’s wealth distribution, which is a dirty word in our Nazified world.
One thing I’ve been banging on about since I started commenting on this site, is the fact that a very conscious decision was made by the Nazi elites during the 1970s.
They had two choices. Start paying the sheeple well, so they could pay higher taxes, and buy widgets, you know, the things which drive the economy. Note, I said ‘buy’. Not rent, not lease, not subscriptions, buy to buy. Remember when you could buy a software package? These days, you’re going to be paying the never ending subscription.
Why don’t we buy things anymore? Because they decided that rather than pay sheeple properly, they would start the debt slavery economy, and here we are, just about everything is predicated by debt.
Gary says he doesn’t want his country (Nazi UK), to be like the other hell holes around the world, hell holes which are basically Nazi slap your face jobs. Gary says this is where we’re heading, and I agree, but there no chance of turning things around. Gary and that ex Greek finance minister are now starting to say what I was saying 20yrs ago. Capitalism is dead, and we’re all fucked, because thicko sheeple keep voting for Nazis.
Talking about CBDCs is like rearranging a few grains of sand on some vast beach, and shouting out, hey, we’re fighting back. lol
Usless it’s a WEF bollox story, or digital programmable money, this site doesn’t do finance, or the economy, and why is that? Because most creators work for the Nazis, and most commentators on here are Joos, Zionist, and Nazis, and they absolutely love the current system. Just keep trotting out these bullshit articles about commies, and how they’re all in on it together, or how everyone who got jabbed is going to die of ‘turbo cancer’, or ‘compressor cancer’ if you’re a Mercedes driver. Sure, cancer rates will go through the roof, and they were saying this 20yrs ago, but only 60% got the jab, and only 5/10% of that 60% got M-RNA, so you’re looking at 3/4% at best, so the Nazis are using other means to kill sheeple, but like I say, the Joos, Zionist, and Nazis who loiter on here, just aren’t interested.
We are already in the midst of a huge financial collapse. We’ve had decades of suicides, murder/suicides, drug abuse and deaths, alcohol abuse and death, and this is just the start. 30 million Russians died when the Soviet Union collapsed. If you translate that into NWO Nazi territory numbers, that’s about 250/300 million dead, and I’ve not even factored in the AI impact.
As Gary correctly says, the thicko sheeple don’t think it can happen to them. No one on this site will tell you, because they’re in on it, they like it, they want it.
I saw a debate on YouTube about 4 years ago between a representative of the US Fed and a big wig representing the commercial banks. It was clear back then that the plan of the central banks is close down as many commercial banks as possible. With digital currency the MBA technocrats have concluded that local commercial banks are redundant. Everything can be run from a few centers. In the US over 450,000 bank clerks and tellers will lose their jobs. Loans will be granted based on digital information accessible online about the lenders. Most bank buildings will be emptied and sold. No doubt any personal service or inquiries will be automated or outsourced to some other country with low-paid staff and “don’t speaka so good Anglash”. It will be just like they improved the telephone directory system so well.
The corporate bean counters think that digital is better for everything especially if they can keep you locked down in a box with a screen in front of you for the rest of your life, and you own nothing by 2030 and have become a virtual reality anyway – if they let you live that long.
Bank West in Australia will be all digital by the end of this year.
I don’t see it working in practise as CBDC can’t grease the wheels of an economy like cash does. I think it will crash the economy and have us all marching and screaming for the return of cash, but maybe that’s the real plan?
Maybe they already have the new currency ready to go: Crash the economy; wait until the prices of assets fall through the floor; introduce the new currency, deflated so much it’s not worth much to us, but it is strong enough to mop up everything worth having in a bricks-and-mortar fire sale; and once again we work L O N G hours like our ancestors did for meagre pennies and shillings. We slave to make just what we need to live on at their profit, and our kids toil as their domestics.
I didn’t know the writers of Star Trek technobabble also wrote financial articles….
Good writers maker their readers feel clever; bad writers make their readers feel stupid.
If you can’t pay your bills it makes sense to borrow from a usurer and give yourself an extra bill. Not.
States need to produce their own currencies that are commodity backed. Recently, Texas legislature proposed a gold and silver backed digital dollar that would eliminate the need to take up the weaponized US CBDC. This should be implemented immediately.
The answer to this is Tony B’s comment in Henry’s listed comments. I quote to save everyone here the necessity of looking there. Note the last sentence…he’s right about that. If we don’t capture and bring to justice these people, then we’re just pissing in the wind here with our comments. They use divide and conquer (or try to if we’re dumb enough to take the bait) to divide us…for we CANNOT succeed if we are at each others’ throats. This is the reason for so many Mossad interlopers in the comments section here. So put aside attacks on legitimate Christianity and Islam and racism…these are divisive. One day, to catch and punish these people, those here who sit typing comments will need to join the fight, a physical fight, and you won’t be very successful if hate your fellow warriors…here’s Tony B’s comment:
“All the damage being done is because of one single fact: the criminal bankers have been stealing all wealth for centuries by their fraud of substituting DEBT for MONEY. The false debt is owed to them BUT IT IS FALSE DEBT SO THE EASY SOLUTION IS TO FIRST REPUDIATE EVERY PENNY OF IT AND GIVE THESE CRIMINAL THUG BANKERS THEIR JUST DESERTS FOR THEIR MYRIAD OF CRIMES AGAINST ALL HUMANITY.
The SECOND NECESSITY IS TO FORCE GOVERNMENT TO CREATE AND CIRCULATE – BY PAYING OR GIVING AT NO COST EVER TO ANYONE – REAL MONEY, BASED ON THE SAME CONCEPT OF THE LINCOLN GREEN BACK (WHY DO YOU THINK LINCOLN WAS MURDERED?).
THIRDLY, this true money, akin to a coupon in function, MUST BE CIRCULATED AT A CONSTANT RATIO TO EXCHANGES BEING MADE. Nothing else gives money a STEADY, CONSTANT, VALUE, no matter what it’s physical composition.
Yes, this simple solution to the money problem WILL REQUIRE GETTING THE GUNS OUT. DON’T YOU THINK IT’S ABOUT TIME? DO YOU NOT UNDERSTAND THE SIMPLE PHRASE “SELF-DEFENSE?”
Ezekiel prophecies that “gold and silver will be thrown into the streets (as worthless)” and Isaiah prophecies that “they will throw their idols away (as useless)”. Think of those who idolize money, silver/gold/precious metals (and other things) in the context of these prophets’ words. Jesus is the ONLY Way! As He lives, so will we as Isaiah says!
“World’s Biggest Study on COVID ‘Vaccine’ Side Effects Has Been Published.
‘Anti-Vaxxers’ and ‘Conspiracy Theorists’ vs People Who Believe Anything.
Guess Who Wins (Again)?”
https://anthonycolpo.substack.com/p/worlds-biggest-study-on-covid-vaccine
I’m not going to comply. I will not accept digital ID or CBDC’s. If I can’t buy food or pay my bills, so be it.
FDR made it quite plain when he said that ‘they’ plan all, there are no coincidences. everything that goes on has a plan behind it. he is also the one that put the pyramid and eye on the dollar in 1933. it’s all about masonic control.
Agreed, Fred B, but would add that empty bank (and other) bldgs, if sold or seized for non-payment of mortgage, might be bought by govt for things like housing illegals, storing and deploying robots and drones for social control, and maybe creating 15-minute cities. Why did China build those cities that are sitting empty in Africa? What are they waiting for?
EUROPA: THE LAST BATTLE (2017) – FULL DOCUMENTARY HD
https://www.bitchute.com/video/s1nPYDj7KBEQ/
Jewish Purim and their actual soullessness – as the Jews stated to kill with extreme prejudice, and have done so ever since, should be treated with no remorse and treated the same way as they have done for all Freemasons and Jews
Watch the video and know that Moslems and Christians have been wiped out for 3000+ years.
Anyone of this death cult of extreme hate (Torah, Septuagint, Kabbalah and Talmud) are all Jewish and Zionism is ancient. not recent. Only those who don’t know how to research in any form and anyone that are Churchians that follow the Jew, must be wiped out.
WATCH THIS. IT IS WELL DOCUMENTED. EUROPA is considered the people of the other 10 and do not believe in the false Torah, believe in the resurrection, thus the Jews are going to eliminate all those of European descent as they are considered as Rome.
I was in Nine Elms Sainsbury’s yesterday evening and they had a system collapse. The lady running the self checkout was calling for Sheeple with cash. There’s a lesson here.
It was chaos, but had this happened before Christmas, or even when the store was busy, with trollies full of cold and frozen food just languishing around.
I’d suggest you have £2000 in cash. Not in the bank. If not £2000, then as much as you can spare.
They don’t need extended bank holidays, but they’ll use them, because it’s a mechanism of control. It will impart great stress, so sheeple will become more complient than they already are.
Makov is very confident with his predictions of success for Jew/Satan, because of his nasty nature, like how Alex Jones can hardly utter one sentence without it including some sort of horror and/or NWO advancement