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China deploying armored columns to prevent bank run

Posted on 7/21/22 at 6:59 am
Posted by Strannix
C.S.A.
Member since Dec 2012
52949 posts
Posted on 7/21/22 at 6:59 am
Deposits have been declared "investment vehicles" I.E. state property.

LINK
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 7/21/22 at 7:06 am to
People think that can't happen here. The last few years have really opened my eyes to the need to have assets that the USA can't touch.
Posted by BottomlandBrew
Member since Aug 2010
29309 posts
Posted on 7/21/22 at 7:11 am to
quote:

The tank video is from Rizhao City, Shandong Province.

The actual bank protests are happening in Zhengzhou, Henan Province. The distance between Rizhao City and Zhengzhou is 366 miles or 590 km. There has been no credible news reports (excluding tweets and reddit posts) of any protests in Rizhao City unlike the Henan protests which have been covered internationally.


It is being reported that tanks are being staged in Shandong Province for a military parade on PLA day.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11520 posts
Posted on 7/21/22 at 8:10 am to
quote:

People think that can't happen here. The last few years have really opened my eyes to the need to have assets that the USA can't touch.


Any suggestions besides crypto in cold storage?

Even gold was made illegal in 1933 with up to 10 years in prison and a massive fine as punishment.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 7/21/22 at 10:26 am to
quote:


Any suggestions besides crypto in cold storage?

Even gold was made illegal in 1933 with up to 10 years in prison and a massive fine as punishment.


Land/real estate in another country with a history of respecting property rights.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82059 posts
Posted on 7/21/22 at 10:27 am to
quote:

People think that can't happen here
Well those people are idiots
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11869 posts
Posted on 7/21/22 at 10:30 am to
Collateral shortage incoming. Stuff breaking everywhere

Thank you all for mobbing about "inflation" to drive Jay into setting all of this off
Posted by CollegeFBRules
Member since Oct 2008
25368 posts
Posted on 7/21/22 at 10:31 am to
quote:

People think that can't happen here. The last few years have really opened my eyes to the need to have assets that the USA can't touch.


What exactly makes you think that would happen here? What has happened in “the last few years” that has you drawing parallels between China and the U.S.?
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8519 posts
Posted on 7/21/22 at 10:44 am to
quote:

Any suggestions


Land. The ability to live off of that land.

Bullets.

At the end of the day you can rely only on yourself.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 7/21/22 at 10:45 am to
quote:

What exactly makes you think that would happen here? What has happened in “the last few years” that has you drawing parallels between China and the U.S.?


Already getting things in place to slow down capital flight


CBDCs will allow them to weaponize your money. Allow what you can buy and what you can't buy.
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 7/23/22 at 12:42 am to
I cant think of a faster creation of a universal black market than trying to force CBDC.
Posted by TigerDeBaiter
Member since Dec 2010
10671 posts
Posted on 7/23/22 at 7:40 am to
quote:

Thank you all for mobbing about "inflation" to drive Jay into setting all of this off


Sorry he waited to long and started too soft.

What we really need to happen is kill all the government handouts. Get people back producing instead of just consuming.
Posted by thelawnwranglers
Member since Sep 2007
42055 posts
Posted on 7/24/22 at 9:57 pm to
quote:

need to have assets that the USA can't touch.



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