OFFICIAL DATA FROM THE FEDERAL RESERVE BOARD OF GOVERNORS CONFIRMS
BANKS WILL RUN OUT OF MONEY TO LEND BY LATE THIS YEAR
OUR "FRACTIONAL RESERVE" BANKING SYSTEM WILL COLLAPSE NOT LATER THAN 2009
d7fc9e9.jpg
The graph came from this website:
http://research.stlouisfed.org/fred2/ser...
St. Louis Fed: Series: BOGNONBR, Non-Borrowed Reserves of Depository Institutions
The Chart above came directly from the federal reserve. It shows that
late this year, "Non-Borrowed Reserves of Depositiory Institutions"
will hit zero.
In layman's terms this means all cash reserves of the banks will have
been lent out; _there won't be any more money to lend to anyone_.
If banks have no money to lend, then consumers cannot buy things on
credit. Even if they could buy on credit, businesses will not be able
to borrow to restock inventory or get raw materials for manufacturing.
With consumers not buying and with business unable to manufacture or
restock, businesses will have to layoff employees. MASSIVE layoffs.
Huge unemployment.
As folks lose their jobs, they won't have money coming in to repay any
outstanding debts they already have. The bad debts will take out the
banks. No credit, no business, no jobs. Total economic collapse.
The only hope they have of delaying (not avoiding) this massive
collapse is to change the fractional reserve rules to allow Banks to
lend even more money than they have in reserves.
When they make that rule change, they will have to pump several
TRILLION in cash into the economy; which will result in almost
immediate hyper-inflation. Other currencies will rise sharply against
the U.S. dollar resulting in all imported goods skyrocketing in price.
Since we don't manufacture anything in our country anymore, these
skyrocketing prices will impact everything we buy.
As people find themselves unable to afford the basic necessities of
life, social chaos will erupt.
Cities, dependent upon outside sources of food and other goods, will
erupt into chaos sooner than outlying areas. There will be food riots.
As happens anytime a major emergency occurs, (people) will do what
they always do: loot, pillage and burn.
As the cities disintegrate into anarchy, folks in suburbs will soon
find themselves targets of starving, violent two-legged animals.
Without food to buy or steal in the cities, the savages will move to
attack the suburbs to take YOUR food and YOUR goods.
When this takes place, you'd better make sure you have enough guns and
ammunition to protect yourself, your family and your property. Shoot
to kill. Don't worry about the law, because there won't be any law.
Dialing 911 will be useless because the looting, violence and anarchy
will totally overwhelm local, county and state law enforcement.
Whether the feds change the fractional Banking rules now or not, the
scenarios outlined above will take place. The only question remaining
is WHEN the scenarios will take place: In September 2008, February
2009 or at some later date after the rules change once the
hyper-inflation kicks-in.
Ladies and gentlemen, I am sorry to tell you that in our lifetime we
will see the literal collapse of the United States. We will see
ourselves a nation gone mad. It will be a madness that cannot be
restrained, but which can only exhaust itself in blood.
.....let me make clear, all of the trouble coming at us later this
year and into early next year is going to happen because of our
federal government borrowing itself (and us) into oblivion.
Folks are already e-mailing me asking "What can I do to protect
myself." The short answer is prepare now. Start accumulating food to
feed yourself and your family for upwards of a full year!
Stock up on canned foods. Lots of canned foods. They don't go bad for
years and the price you pay now will be a lot cheaper than if you wait.
Buy large amounts of BREAD FLOUR to bake your own bread. If you cannot
get BREAD FLOUR, buy "All Purpose Flour" and also "WHEAT GLUTEN" to
add to it for baking bread. You'll need yeast for the bread, so buy
yeast too.
Buy large amounts of dried rice and dried oatmeal.
Buy Honey. Cinnamon, brown sugar and white sugar. Lots of white sugar.
Salt. Pepper.
When the crash happens and the supermarkets are empty it will be too
late. Plan now. You only have until September of this year to prepare,
so get to it.
You can cook some rice, open a can of food, pour the can over the
rice, heat it up and have a full, healthy meal.
At breakfast, you can cook up some oatmeal, put honey, cinnamon or
brown sugar on top and have a healthy breakfast.
Buy a gravity-fed water filter system and additional filters for it.
Have at least one hand gun for each mature teenager and adult in your
family. Have at least one twelve gauge shotgun for your family. Have
at least one hunting rifle, a 308 or 30-06 to hunt for food. Have
ammunition for each weapon and make certain you and your family know
how to use them all.
It's gonna get ugly, folks. Real ugly. The feds may delay it awhile,
but they cannot avoid it.