on Jul 09, 2021
from Ridgecrest, CA
Last updated on Jul 10, 2021
In a notable development in the ongoing collapse of the world monetary system, US bank Wells Fargo has pulled all personal lines of credit according to CNBC. Those with outstanding accounts will be forced to begin repaying the balances with at least a minimum payment per month. No new credit will be issued.
Side note here. I have been trying to warn people about this type of thing for over a decade now. I sincerely hope that, at least the people I know and care about, will start to take the collapse seriously. If you haven't already, start planning for the day when ALL banks seize ALL of your money. The best thing to do is have cash, sliver, gold and Bitcoin on hand. DO NOT buy any other cryptos other than Bitcoin thinking that it will be useful in the future. All other cryptos besides Bitcoin are run by private corporations that are directly tied to the legacy banking system.
Please do not panic or worry. Leave just enough in the bank to pay your bill and nothing more. If you end up with stacks of cash at your home, buy things that will retain value over the years. Again, Bitcoin, gold, silver, even things like medical tools, camping supplies, and long lasting foods such as honey, pickles and preserves. These things can be used or traded in lieu of conventional markets and US dollars.
I wish I was joking or simply trying to be sensational, but this is serious please make some effort to prepare and bolster your family for what is coming.