Saturday, December 21, 2024

Is Your Money Safe? Within A Year, Millions May Lose Their Savings Due To AI Threat, Warns Cybercrime Expert

by John Cody, Activist Post:

Artificial intelligence is advancing at lightning speed, and these advances are not only set to reshape our very reality, they could leave many losing all of their savings, according to cybercrime expert Marc Maisch, who also works as a lawyer helping victims reclaim their lost savings after they fall victim on the web.

He warned in an interview with Germany’s Die Welt newspaper that authorities will be powerless to stop this new coming crime wave, which will see criminals use AI tools to fleece potentially millions out of their money.

We Are Witnessing An Avalanche Of Branch Closings As U.S. Banks Desperately Try To Stay Alive

by Michael Snyder, The Economic Collapse Blog:

If you do things the right way, in the long run you will get positive results.  But if you do things the wrong way, in the long run you will get negative results.  Our banks are the beating heart of our entire economy, and unfortunately they have been doing things the wrong way for a long time.  As a result, the entire system is being greatly shaken.  Loans are starting to go delinquent at a frightening pace, we have seen endless “banking glitches” in recent months, tens of thousands of banking employees have already been laid off, and U.S. banks are sitting on hundreds of billions of dollars of unrealized losses.  Sadly, a lot more chaos is on the way.  As small and mid-size banks fail, they will get gobbled up by the big boys.  Of course the big boys are scrambling to survive too.  In fact, it is being reported that JPMorgan Chase will close a total of 159 local branches by the end of this calendar year…

CENTRAL BANK DIGITAL SLAVERY — Crrow777

from SGT Report:

Crrow is back with a warning for humanity about central bank digital currency, the last stop in the conspiracy to enslave humanity in Rothschild central bankster tyranny. We must resist and destroy this plot like our very lives depend on it because they do.

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JP MORGAN FORECASTS $30 SILVER IN 2024

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

Confetti Dollar End of Ponzi Scheme – Bill Holter

by Greg Hunter, USA Watchdog:

Precious metals expert and financial writer Bill Holter says the recent underreported announcement by the UBS CEO Sergio Ermotti in Switzerland that his bank might need a “rescue” is yet another sign on the short road to the end of the global Ponzi scheme backed by the US dollar reserve currency.  Holter points out, “You’ve got a sick bank (Credit Suisse) that is being bailed out by another bank (UBS) that may turn out to be sick.  My question is who is going to bail out these central banks?  You have got the Fed with a $9 trillion balance sheet.  The last time, the Fed went from $900 billion to $9 trillion.  Can the Fed now go from $9 trillion to $90 trillion?  Who is going to bail out the Fed?  Who is going to bail out the US Treasury?  Who is going to bail out the Bank of England, the ECB or the Bank of Japan?  These central banks have completely blown up their balance sheet and have no ability to save anything.  My question is who is going to save them?”

THE FINANCIAL SYSTEM HAS REACHED THE END

by Egon Von Greyerz, Gold Switzerland:

The world is now witnessing the end of a currency and financial system which the Chinese already forecast in 1971 after Nixon closed the gold window.

Again, remember von Mises words: “There is no means of avoiding the final collapse of a boom brought about by credit expansion.”

History tells us that we have now reached the point of no return.

So denying history at this point will not just be very costly but will lead to a total destruction of investors’ wealth.

FEAR & LOATHING IN THE LAND OF DIMINISHING DOLLARS

from SGT Report:

Bob Kudla returns to SGT Report with an economic update that’s not for the faint of heart. Happy Thanksgiving.

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It Will Happen Suddenly

by Jeff Thomas, International Man:

As the Great Unravelling progresses, we shall be seeing many negative developments, some of them unprecedented.

Only a year ago, the average person was still hanging on to the belief that the world is in a state of recovery, that, however tentative, the economy was on the mend.

And this is understandable. After all, the media have been doing a bang-up job of explaining the situation in a way that treats recovery as a general assumption. The only point of discussion is the method applied to achieve the recovery, but the recovery itself is treated as a given.

VINCE LANCI: THE SILVER PIGGY BANK IS ALMOST EMPTY

from Arcadia Economics:

TRUTH LIVES on at https://sgtreport.tv/

US weaponizing the dollar – Lavrov

from RT:

The West has destroyed free global competition and the immunity of property, Russia’s foreign minister says

The US is using the dollar to unleash trade wars worldwide, while international economic cooperation is also being weaponized, Russia’s Foreign Minister Sergey Lavrov said on Monday.

The US and its allies in the EU are using a wide range of “geopolitical engineering” tools, which include, among other things “unleashing trade and economic wars,” Lavrov stated, speaking at the Primakov Readings International Forum.

James Rickards: When the next financial crisis hits the elites are planning to freeze the financial system, worldwide

by Rhoda Wilson, Expose News:

During an interview in 2017, James Rickards revealed that there is a network of 189 people who are positioned in the world’s financial systems that hold the fate of the global financial system in their hands.

They share one vision – One World Order, One World Taxation and One World Money – and have been working behind the scenes preparing to make that vision a reality.

CBDC HELL

from Infowars:

TRUTH LIVES on at https://sgtreport.tv/

The US is Still Playing Checkers While Putin is Playing Chess to Weaken the Dollar

by Christopher LaBorde, Gold Seek:

Last Tuesday (Nov. 22), during an emergency virtual BRICS meeting Putin declared that US unilateralism has wrecked all chances of peace in the Middle East. The statement was made with the support of China, BRICS nation supporters, the Arab world, and much of the Global South.

The following day a temporary cease-fire was brokered. A month after a UN General Assembly meeting voted on a Humanitarian truce, a week after the UN instructed the need for Humanitarian Pauses, and 12 hours after a Russian President explained that the US is destroying peace; the bullets will stop for increments of 24 hours. The accusation was that the US was killing people and destroying all options on peace by monopolizing diplomacy for their own interests. Putin’s timing, audience, and framing for this statement were that of a master chess player. Its moves like these that have left Biden looking more confused and bewildered than ever.