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Red Alert: The Great Collapse & How Banks Will Own You

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Red Alert: The Great Collapse & How Banks Will Own You

The mainstream media is reporting that banks are preparing for collapse by preparing “recovery plans” and have been advised that they may not rely on government help.

Last week a court ruled that a Futures Commission Merchant (FCM) that trades in commodities was allowed to use “customer segregated funds” as collateral and to pay its debt. This ruling sets a precedent for greedy bankers and traders to get off scot-free while using customer money for collateral and paying debt, just like the MF Global case that is unfolding. Ann Barhardt warns that all financial institutions like banks, insurance companies, pension funds, retirement accounts, etc. are vulnerable to this type of plunder because the precedent has been set and they will take advantage of it.

In addition, she warns that people will panic when their accounts are raided and demand that the government and the FDIC cover their losses. The only way that people can be repaid is to print more money, resulting in massive inflation, which will lead to total collapse. Your property is now subject to total theft by bankers. She urges people to get out of all markets and take physical possession of all money.

Check out Ann’s disturbing video:

Mac Slavo’s SHTFplan.com article reprinted below is an excellent guide to prepare for collapse:

What Is Money When the System Collapses?

What is money?

Economist Mike Shedlock defines money through the eyes of Austrian economist Murray N. Rothbard as “a commodity used as a medium of exchange.”

“Like all commodities, it has an existing stock, it faces demands by people to buy and hold it. Like all commodities, its price in terms of other goods is determined by the interaction of its total supply, or stock, and the total demand by people to buy and hold it. People buy money by selling their goods and services for it, just as they sell money when they buy goods and services.”

What is money when the system collapses and the SHTF?

In disaster situations, the value of money as we know it now changes, especially if we are dealing with a hyperinflationary collapse of the system’s core currency. This article discusses money as a commodity in an event where the traditional currency (US Dollar) is no longer valuable.

In a collapse of the system, there will be multiple phases, with the first phase being the “crunch”, as discussed in James Rawles‘ book Patriots. The crunch is the period of time directly preceding a collapse and the collapse itself. More

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