"Urgent Alert -- FINANCIAL Situation Update for Americans"
http://www.paulstramer.net/2023/12/urgent-alert-situation-update-for.html
Friday, December 8, 2023
By Anna Von Reitz[
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http://www.paulstramer.net/2023/12/urgent-alert-situation-update-for.html
Friday, December 8, 2023
By Anna Von Reitz[
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Here is the--- unfortunately well-documented -- expectation: a massive credit crisis and dollar devaluation will begin hitting on December 14th-15th.
All currencies in the western model will reset on a 1:1 exchange rate that is artificial. The idea behind this is to create buying power parity for all the national currencies and 'retire' the FRN from serving as the "Reserve Currency".
Foreign countries will have to conduct business in their own currency, except for a few expenses.
I don't have the computer programs to calculate the exact devaluation, but we are basically being blasted back to 1965. This, then, is creating a massive credit crunch as the banks are unwilling to extend loans at current values and have them paid back with devalued currency.
This is also collapsing the mortgage market. Wells Fargo is dumping AAA mortgages onto secondary market investors without full disclosure. And of course the mortgage derivatives market is going kabluey, too. All those mortgage backed securities will be in oblivion, which will kill the pension fund association investments.
In other words, it's another dodge. They can't dump the debt back onto the victims via bankruptcy fraud, so they are doing it by devaluing the currency, killing the credit market, and tanking the stock market.
We have four days left.
Americans are advised to get daily screenshots of their account balances and/or ATM account balance receipts so that their parity claims can be made good after the fact.
Except for those already in process, it is too late to access the Safety Vault.
This is going to make the Great Depression look like a cake walk, but don't despair. Remember the other side of the ledger. Your off-ledger assets. Your pre-paid credit.
They could have avoided all of this, simply by the process of lawful conversion. Now they will be liable for the unlawful conversion, and no matter what they do, they will be wiped out.
Sadly, many innocent people will suffer, too. Don't be panicked. Take a jaunt to the grocery store and the drug store and do what you can to secure your position and prepare your families.
The Post Office should continue to function.
The Bilateral Bank System will be distributing Prosperity Cards and other instruments that will allow you to access your American Federation Dollars and prepaid credit.
Stay away from Washington, DC, and also avoid the District of Columbia if at all possible. Take a clue from the members of Congress who will all be conveniently absent when this giant, hairy, ball of wax is let loose.
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