In what ways will this scenario play out? So the BIS pulls the cord, financial markets go berserk, spending and investment go down, corporate and government debt defaults, stocks go down 90%, unemployment explodes, food and energy supply chains crumble, crime and riots spread across the world... I'm guessing the cash in banks are "bail…
In what ways will this scenario play out? So the BIS pulls the cord, financial markets go berserk, spending and investment go down, corporate and government debt defaults, stocks go down 90%, unemployment explodes, food and energy supply chains crumble, crime and riots spread across the world... I'm guessing the cash in banks are "bailed-in" Cypress-style? Cash on hand becomes worthless? And then the CBDCs are ushered in for the Reset system?
I'm just thinking out loud, would appreciate more thoughts on how it could all unfold.
In what ways will this scenario play out? So the BIS pulls the cord, financial markets go berserk, spending and investment go down, corporate and government debt defaults, stocks go down 90%, unemployment explodes, food and energy supply chains crumble, crime and riots spread across the world... I'm guessing the cash in banks are "bailed-in" Cypress-style? Cash on hand becomes worthless? And then the CBDCs are ushered in for the Reset system?
I'm just thinking out loud, would appreciate more thoughts on how it could all unfold.