Coup at the World Economic Forum
World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money [...]
Keeping 30 days Worth of Cash Applies Worldwide
QUESTION: On Aug. 2 in your blog that you stonily recommend that everyone keep 30 days worth of cash was that just for the Eu?
Thank You
S
ANSWER: No. Even FDR closed the banks. While bailouts have ceased, the government will simply now expropriate depositors money to save the banks. Keep in mind that the big banks sell the government debt known as the primary dealers. So no matter what they say, they will protect the banks before the people. The risk is greater in the EU than in the USA. Long-term, keeping cash for expenses will be a wise decision to cover 30 days.
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