Tennessee Banks preparing for Bank Holiday-Bank Runs have Started?!?!
Uploader Comments (Growby10)
Top Comments
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Oh well; I guess this means time to break out the pick and shovel; Start growing my own food becuase my checks / debits would not work anymore at the grocery store. Come to think about it; Grocery stores would have food simple the bank holiday would shut down messed up big time the on time supply and demand business of bring food to your local grocery store. I could be wrong; what do you think?
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What scares me is that the Bank Holiday could run from August 25th until October 2009. What the heck are they going to do?
Video Responses
All Comments (51)
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Aint this just dandy. Thanks for the info!!!
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I was just in the bank today and there were no signs and my bank statement just came in with no changes. No news on it either. Sorry, you heard wrong.
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@christo930 the FDIC has been putting stickers on bank doors stating, "your money is no longer insured by the FDIC" Look it up!
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go get your money now, any later you may only get a %
money is debt, it has a negative value , so buy 'things' that will best support your future, and a gun, to protect it.
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wow lets get worried, and actually cause a run on the banks, ho hum...i forgot most people on youtube don't even have money in the bank, perhaps you can get your mom and dad to pull their money out......seriously i know that we are in real trouble,
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I wonder if other states have issued same type memo's or directives....
this is right on course with WEBOT perdictions
search youtube for webot 2009.....
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If you'd like to check out a book written by someone who lived through the Argentina Collapse just 8 years ago, go to lulu(dot)com and look up:
The Modern Survival Manual: Surviving the Economic Collapse By: Fernando "FerFAL" Aguirre
All the best to you.
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Well, if we look back to Indymac Failure there were big inconveniences to people who lined up for days to get their money out, and they were given "rations" not full amounts. So its best to avoid that hassle in my opinion.
In 2001, Argentina had a very similar situation with a serious economic collapse, the ATM's were emptied within a day and banks were closed for some time, when reopened with barricades and only issued $300/week as a withdrawal limit.
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I agree with you but the gov will honor the fdic by printing the money and there is no point in making a run on the bank because your worthless dollars will be there.
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Christo,
The FDIC is broke, and the banking system is failing. The FDIC Fund as of March 2009 was 13Billion. Since then several more banks have failed which put FDIC into a negative balance of 0.7Million.
So who's gonna bail out the FDIC when they are broke? The Federal Reserve!... But they are only printing more money based on nothing which will bring in hyperinflation and make your $ worthless, like in 1920's Germany, or Belarus, Yugoslavia, Zimbabwe, etc...
They are gonna use H1N1 as the reason why the shut it down. Your dealing with cowards they aint maning up to shyt. This is really bad, this is going Nation Wide.
offthahook08 2 years ago
offthehook- i feel that is a definite possibility...that's why they put in in black and white.
they can use that as a smoke screen to close banks and hold our money....anything you can think of...they claim they have the right to do to us. of course it's all FOR OUR OWN GOOD!..yeah right!!!
thanks and please sub
Growby10 2 years ago
That being said - indeed, H1N1 will be probably be used as a pretext for many disturbing things...
bnfox 2 years ago
@bnfox- so are you saying this video SHOULD have been made or not?
In your opinion, is the connection between H1N1 and possible bank closures warrant a video?
Growby10 2 years ago