The Atlantis Report, SRU, and Ron Paul Saturday Morning 12-21-19
The Atlantis Report
Capital One Down : Deposit Problems, Glitches, Network Errors -- Bank at Your Own Risk !!
Premiered 15 hours ago
Capital One Down : Deposit Problems, Glitches, Network Errors -- Bank at Your Own Risk
All over America, Direct Deposit Problems Caused By Glitch At the Fed, as Vital Fed Payment system experiences the second delay of 2019.
People could not get their paychecks for Christmas, direct deposits failing to clear, and transfer of money not completing. The Fed ACH Services application began experiencing disruption on December 18 at 3:30 p.m." on Wednesday. Starting around 7 am, there was a surge of outages reported at Capital One. And so it begins.
Lately, on a Friday, a few banks all over America have had problems, with customers unable to access their accounts. Bank of America, Capital One, and Fifth Third bank. And now, today, Capital One has issues with direct deposits posting, and some also mentioned Chime(an online bank). Coincidence?
Banks using deposits as collateral to cover a derivative coming due to roll it over? Remember, all the banks are the counterparty to one another. "What's in your wallet?" Well, in Capital One's case absolutely nothing.
Capital One Later tweeted saying: The Federal Reserve is experiencing network issues causing certain transactions to be delayed. We're monitoring the situation closely in partnership with the Fed. As soon as they've resolved the issue, we'll work to make sure all transactions are posted as quickly as possible.
So the FED can shut down the money or claim a hack or other excuse to cut Americans off from payments. Maybe they are illiquid and trying to meet some capital requirements for a particular deal. So they are accumulating collateral by freezing accounts payable.
Or maybe they're just practicing for the upcoming event. Most of the Americans live payday-to-payday.
How best to prevent a bank When you can leave the citizens with a bank account balance. First, come to the network issues, then come the BAIL IN's. A sort of TCP/IP 21st century version of a "bank holiday"! And just in time for "Christmas!
Welcome to The Atlantis Report.
Direct Deposits Across America Hang After Fed's ACH Payment System Suffers Major Disruption. Deposit problems, technical issues, network errors, and many other names are given to the fact that a bank is not able to hand out the money to their customers.
These all are fairy tales! It seems that most, if not all, banks are bankrupt and waiting for more trillions of taxpayer money.
First time in history, the banks will have the power to take a percentage of your deposit as you are a creditor.
Something big is coming. Time to start a BANK RUN!
For the full transcript go to https://financearmageddon.blogspot.com
Extreme Greed! Greediest Market In History! Euphoria At All Time Record While Economy Sputters
Silver Report Uncut: Dec 21, 2019
First, we look at the data released from the RBC that reveals the stock market has just reached an all time record in euphoria, this isn't actually a good thing and it is very typical of a stock market bubble.
I remain hesitant to sign off on this being peak irrational exuberance, however we should note that market sentiment is a powerful thing and for the moment it seems as if more bears have capitulated.
Yet it isn't until the last bear has capitulated that the stock market crash comes.
Stock market valuations have been stretched to their limits and markets are priced for perfection. That's the difficulty we face now is that any string of bad headlines could derail this entire bear market and there seems to be no shortage of bad economic data being released including US factory orders that declined once again.
This is the story of 2019 a stock market on the rise and an economy in decline, which one of these will be right?
Ron Paul
Lying About Inflation Won’t Make It Go Away
Politicians are notorious for being professional liars. They lie about wars, the economy, about other politicians, foreign leaders, following the Constitution. Would it be a stretch for them to lie about inflation too?
Streamed live 21 hours ago