READY FOR PART 3? It’s the COLLAPSE Of the BANKING SECTOR

by Head2Bunker

They’re warning us.

1) Plandemic (won’t get into it, we all know…crippled the financial system among other things)

2) Riots- also ties in economically among other things

3) Bank Collapses- Bank Holiday-coming soon

4) Eventually dollar collapse but that comes later

Here’s the article from The Atlantic:

The Looming Bank Collapse

The U.S. financial system could be on the cusp of calamity. This time, we might not be able to save it.

After months of living with the coronavirus pandemic, American citizens are well aware of the toll it has taken on the economy: broken supply chains, record unemployment, failing small businesses. All of these factors are serious and could mire the United States in a deep, prolonged recession. But there’s another threat to the economy, too. It lurks on the balance sheets of the big banks, and it could be cataclysmic. Imagine if, in addition to all the uncertainty surrounding the pandemic, you woke up one morning to find that the financial sector had collapsed.

sometime in the next year, we will all stare into the financial abyss.

…The financial sector isn’t like other sectors. If it fails, fundamental aspects of modern life could fail with it. We could lose the ability to get loans to buy a house or a car, or to pay for college. Without reliable credit, many Americans might struggle to pay for their daily needs. This is why, in 2008, then–Treasury Secretary Henry Paulson went so far as to get down on one knee to beg Nancy Pelosi for her help sparing the system. He understood the alternative.

If we do manage to make it through the next year without waking up to a collapse, we must find ways to prevent the big banks from going all in on bets they can’t afford to lose. Their luck—and ours—will at some point run out.

www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/