Of course those of us who are AWAKE already know this…but that’s not many!
You’d think that those who had more than $250,000 in a single FDIC insured bank would be smart enough to get their overage out of that bank…but they are not. “All is Well” in the world of the Zombie Banking sheeple!
Bank runs are funny things. You always think that you’d have time to get your money out if things start to go sideways….but you never do. They happen like a thief-in-the-night (yes – literally!) and it’s usually only those who have foreknowledge of the event that avoid or benefit from the chaos.
Bix Weir writes ~ “It’s over for the banking cabal.
Watch this video to understand the largest banking corruption scandal in history. These large banks have stolen money from every single human on the planet. Not one person was left out. Not even YOU! Now that it is exposed there is no going back. We will ALL support the “NO MORE BAILOUT” mantra…”
“Losses on JPMorgan Chase’s bungled trade could total as much as $9 billion, far exceeding earlier public estimates, according to people who have been briefed on the situation.”
“When Jamie Dimon, the bank’s chief executive, announced in May that the bank had lost $2 billion in a bet on credit derivatives, he estimated that losses could double within the next few quarters. But the red ink has been mounting in recent weeks, as the bank has been unwinding its positions, according to interviews with current and former traders and executives at the bank who asked not to be named because of investigations into the bank.”