Natural News: 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 ClintonAdministration, 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 Businessweekand 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