NatWest, behind "the glitch"...what's going on ?
NatWest UK,12 million customers affected ongoing.....by a "glitch"
For months and months, I personally have been talking about what will come to pass within the bankrupt defunct propped up fraudulent banking system...."bank holidays"
As you can imagine, millions of people being affected caused huge problems, house sales and purchases suspended as huge amounts of money became unavailable, and across the board people unable to pay mortgages, transfer funds for payments perhaps incurring fines along the way, so no light matter, affecting millions of lives.
This is a re-run of Northern Rock (2007) only worse, nothing whatsoever has been fixed in the intervening years. The american-sub-prime-fraudulent-mortgage scam kicked this thing off followed by the failed euro experiment and all the while one common theme...fraud...fraud...fraud, money-printing galore across the anglosphere to prop up
bankrupt institutions, and everyone with any common sense has been screaming about it from Max Keiser to Jim Willie to Gerald Celente..you don't put this pile of fraudulent debt onto tax payers backs, you don't prop it up, you don't print your way out because you banksters have actually killed it, and if people want to know now how that is gonna translate into your everyday life, here it now comes...BANK HOLIDAYS..you won't be able to get your cash.
I warned, take your cash out, don't rely on the banking system, plan ahead, you can't trust anything whatsoever within this current corrupt system that needs demolishing. Forget digi-money, forget computer transfers, forget all these fancy techno invisibles, what we all need is cash in your hands and other hard tradeables, prepare or it's already too late for you.
read this urgently, Nadeem Walayat says it like it is.
Did RBS Hit the Greece Election Eurogeddon Bank Holiday Panic Button by Mistake?
RBS Bank and its subsidiary Nat West have effectively been closed all week to all of their customers, freezing them out of control of day to day banking operations. The shutdown appears fairly complete, with thus far RBS being unable to get the system going again.
All year (and beyond) I have been warning that in the face of financial armageddon emanating out of the euro-zone that the Bank of England would effectively shut-down the banking system rather than face a trillion pound electronic run on the banks, thereby announcing an extended bank holiday that could run into several weeks if not a whole month. Such a Panic Button hitting Bank Holiday would resemble what has transpired with Nat West and RBS all week in that it would freeze customer bank accounts until the Treasury and Bank of England had re capitalised the bankrupting banks after the contagion impact had been fully evaluated. In this respect to counter the fallout on the economy, I had speculated that the Bank of England had already printed actual bank notes by the container load and distributed them across the Banking system that the closed banks would oversee the dispersion of in line with the withdrawal limits already in place that typically restrict withdrawals to no more than £300's per day.....end see full article
So in effect the recent announcement of some 140 billion or whatever number they conjured up that would be available for business loans, is nothing of the sort, it's another patch. You might ask yourself, how could a bunch of so-called professionals within politics and the banking industry create such a holy mess? In one word GREED. There are cash withdrawal restrictions all over the EU zone and if you travel into europe no doubt you will have run across this by now as I have.
Forget the PIIGS, the EU as a Whole is Insolvent and all these fancy meetings we have one week to save the euro, is completee claptrap. These leaders huddling together are of absolutely no use and have no answer to the spectacular failure of the eurozone experiment.
this article clearly shows the european indebtedness situation including UK
As you can see, even the more "solvent" countries like Germany and France are sporting Debt to GDP ratios of 75% and 84% respectively.These numbers, while bad, don't account for UNFUNDED LIABILITIES. And Europe is nothing if not steeped in unfunded liabilities.
The European banking system as a whole is leveraged at nearly twice this at over 26 to 1. That's the ENTIRE European Banking system leveraged at near Lehman levels (Lehman was 30 to 1 when it collapsed).
To put this into perspective, with a leverage level of 26 to 1, you only need a 4% drop in asset prices to wipe out ALL capital. What are the odds that European bank assets fall 4% in value in the near future as the PIIGS continue to collapse? .....end see full article
It is a case now of WHEN the whole shooting match crashes, and this is the year.
My questions would be,
is this the situation the elites were planning ?
is it all going to plan, or have they lost control ?
and if they are trying to kick in the new techno digi cashless system,
as we can see with natwest, what happens when there are "glitches"
with the technology, can people get to eat ?
Yes I have lots of questions, personally, people will develop their own systems
trading with hard assets that can be trusted, we need to develop these systems
independently of central banking which has only caused global depression,
CENTRAL BANKING is the cancer that has caused all the mayhem we are seeing,
Never forget this, this is a global conversation for freedom.
For a full background of why we as citizens of planet earth are at this juncture please read my back articles.