Breaking! Aa I Write Multiple Banks Going Around with Hat in Hand! It's Getting Close - If One Goes the Rest will Follow - September Is the Month
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Looks like a few Banks are having a bit of a problem making payroll. One had to wait till the monthly report was complete in order pay the employees. I received this e mail this morning from a friend who is an assistant to a member of Parliment. Hong Kong And Shanghai Bank is on the verge of collapse having suffered substantial losses in China.
As I write I was told that situations are changing by the moment and it’s expected more banks will be affected. In Great Briatin HSBC has applied for an emergency bale out – it was rejected. In Great Britain HSBC applied to the Bank of England for an emergency bale out – this was rejected, the Bank of England appealed to the European Central Bank for help – that was rejected and as we write an appeal has gone to the Federal Reserve of the USA, our inside sources has informed me that the Fed is willing to bail out the Bank if necessary. The Americans will give anyone money just to make sure the treasury is empty when China takes over.
This means one thing. All the Banks will fail one by one then it will jump across the pond. Who knows how much the fools in the U S will give before the Bank comes looking for more but it won’t be long. If we make it through September I would be very surprised. The Pip will come announce why we need a one world Government he will take off and the U S will fall like some poorly constructed building blocks. HSBC is or was one of the oldest and best financed Bank in the world. Get ready the fireworks is about to begin. Food and water for a year and protection.
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