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Today and Tomorrow (Monday 5/25) Could Be The LAST DAYS YOUR CREDIT/DEBIT CARDS WORK

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investmentwatchblog.com / Submitted by IWB, on May 24th, 2015

Today, Sunday 5/24 and tomorrow, Monday 5/25 could be the final two days when all of our credit/Debit cards work.

The banking system is facing an unparallelled catastrophe as early as this coming Tuesday and our entire financial system could very well come crashing down without any warning whatsoever.

The trouble has to do with an announcement made today by the Finance Minister of Greece. He appeared on television and stated for the first time publicly “Greece cannot make debt repayments to the International Monetary Fund (IMF) next month unless it achieves a deal with creditors . . .”.

This statement today is a defacto DEFAULT on Greece’ sovereign (national) debt. This is no longer something that CAN happen, as of today, it HAS happened! ! ! ! This announcement has now set in-motion a financial calamity that _will_ envelope the world, especially American Banks, which may be forced to HALT ALL LENDING, shut off all access to credit and lock-up depositor accounts as early as this Tuesday. Here’s why:

As a member of the European Union, Greece got to print money; EUROS. The validity of those EUROS is now gone, but they cannot be pulled from circulation because there are so many. Therefore, the VALUE OF THE EURO as a whole, is going to drop off a cliff as a result of Greece defaulting on June 5. This will utterly SLAM banks in the U.S. and others around the world.

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The post Today and Tomorrow (Monday 5/25) Could Be The LAST DAYS YOUR CREDIT/DEBIT CARDS WORK appeared first on Silver For The People.


Source: http://silveristhenew.com/2015/05/24/today-and-tomorrow-monday-525-could-be-the-last-days-your-creditdebit-cards-work/


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    Total 10 comments
    • GOLOC

      Smoke and Mirrors, it would be a big Fraud, but maybe that’s what they want, Greece’ es economy is about the size of Rhode Islands if that, But you know how they and their media like to pump the Fear.

      • Jay

        This is true but, Greece is on the hook for more than $30 trillion in derivatives.

    • ConfuciousSay

      Yes, by all means spend your last dime and empty your bank accounts today at IKEA and Best Buy at their Memorial Day Sales. That’s a great idea. The Bankers aren’t going to shut themselves out of their own accounts.

    • Dustdevil

      Just remember one thing: YOU CANNOT BANKRUPT A MONOPOLY GAME! IF YOU CRASH THE BANK, YOU MEANT TO DO IT!

      The very reason that fiat money is ‘fiat’, is that it has no intrinsic value other than what you say that it does. If you want more money, you print more into circulation. If you want to prevent ‘devaluation’, you simply adjust the formula for ‘fractional banking’ to be 5%, or 2%, rather than 10%.

      Those who control banking control it’s continuation or its collapse. It really is that simple. Inter-bank lending rates control your interest rates at the local level. Volume of money printed controls not only the M2 supply, but also inflation (while treasury bond sales control inherent value). Just as for the past 8 years, we have doubled our debt and quadrupled our M2 supply, we have seen no inflation or interest rise is due to the fact that not only have we kept selling T-bonds to foreign governments but the Federal Bank has also bought them to prop up their value.

      If you want to destroy the world banking regime, simply make the Fed illegal and return printing to our U.S. Treasury, while honoring nation-to-nation debts. No collapse, and we retake the nation’s banking.

      OR, we can just let the conglomerate of world bank controllers decide on which day they are going to ‘pull the plug’ on various world currencies, casting us into total annihilation.

      Learn how your money works, before you think this is happening ‘coincidentally’.

    • Lord Humongous!

      Won’t happen ti middle of September 13. Shmetah will take place….9/13/15. Plenty of time to relax still

    • slider

      Only if you maxed your cards out.. where do these idiots come up with this crap.

    • Anonymous

      My pistol still works fine.

    • I AM

      ~ ”ONE THING THAT MANY PEOPLE SEEM TO FORGET, GREECE IS AT LEAST AROUND 5000 YEARS OLD, & UNLIKE MANY OTHER OLD NATIONS OVER THERE, GREECE REALLY DOESN’T HAVE ANY WEALTHY EXPORTS, WHICH COULD HAVE KEPT IT AFLOAT, LIKE FARMING, MINERALS, OIL, ETC” ~

      IT WILL JUST BE A MATTER OF TIME, THAT ALL OF THE OTHER NATIONS, WITH NO EXPORTS TO SAVE THEM WILL EVENTUALLY GO BELLY-UP, SURE THE POPULATIONS OF VARIOUS NATIONS, COMPARED TO AMERICAS’ ALONG WITH THE AGE OF AMERICA, WILL MEET SIMILAR FATES, HAD THOSE NATIONS HAD OVERPOPULATION, LIKE AMERICAS’ POPULATION = THEY WOULD HAVE DIED OFF A LONG TIME AGO, KEEP IN MIND THE NUMEROUS WAR DEATHS, THAT EUROPEANS NATIONS / MIDDLE EASTERN NATIONS, & THE LIKE, INCLUDING AFRICAN COUNTRIES, WOULD OF MADE THESE NATIONS MEET THEIR DEMISE A LONG TIME AGO, NOW THE NUMBERS ARE JUST CATCHING UP TO THEM, WHERE IT IS IMPOSSIBLE TO PAY OR REPAY PAST DEBT, JUST LIKE AMERICA IS FACING SOON ENOUGH…

      ~ THUS SAYS THE LORD GOD ALMIGHTY ~ I AM…

    • Anonymous

      Look at the bottom half of this page on my site to see what will happen if any European country defaults on the EURO. Told to me by a very rich man in 2010 all the other countries are ready.
      http://www.ssrichardmontgomery.com/rfidmoney.htm

    • beefree

      lol … Greece’s debt = about 1 second of Rothschild income stream

      they think their planned economic crash is going to effect us …. maybe we might create our own barter currency …and tell them and their indoctrinated mind controlled war systems to take a hike…. they can kill me in this life time… been here a millions times before reincarnated…. yes one of their trillions of bullets may take me out… that will not save them from the lake of fire…. though will be fun to watch them…splashing around and screaming… left for dead… like they left us….

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