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Sunday, July 29, 2012

Close to the Edge


RBS Bank Run Prevented by "Shutting the Doors"

The recent RBS ATM "software glitch", which stopped so many people making vital payments and withdrawing cash, was a deliberate move to prevent a run on the bank, which had run out of money. By metaphorically "shutting their doors" for a week or so, RBS and the Bank of Ulster managed to keep hold of £73Billion which stopped them from being wiped out. How safe is YOUR money tonight?

RBS/ULSTER ‘GLITCH’: Slog survey of users plus analysis of the numbers raise further doubts


Mouse Trap

The corrupt banking/money system, built upon trillions of electronic bank credits whose value was created out of THIN AIR (and a little bit of paper currency for immediate pocket money), is running only on fumes now. The deception is so poorly hidden today, and the way the system is unravelling is becoming so noisy, that even nice people like you are beginning to suspect that, well... you are being LIED to.

None of us are ever taught about what money is and how it operates: we're just encouraged to get a bank account as young as possible and join the game. As with most games, if you don't know the rules, you're unlikely to be a winner. And if the game should self-destruct with your money trapped inside it - who do you think could possibly help you?




Normalcy Bias

“Normalcy Bias” – the firm conviction that everything is going to be OK and the only things that can happen are the ones that you already understand and are expecting.




It Never Rains...

The best time to buy an umbrella is BEFORE it starts raining...


What Happens When There's a Run on the Banks?

Most banks operate with very little cash on hand (there's normally no real demand) - everything's done electronically. So a bank can run out of cash very quickly - especially if everyone suddenly wants to be careful at the same time.




A Quantum of Solace

Items which can protect you during times of trouble often become more expensive (or impossible) to buy once the trouble has started.

You can buy a gramme of gold for just over £30, and a gramme of silver for about 50p.

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