FYI

On Sunday, February 7, 2016 5:24 PM, R.E. Sutherland <becworks@gmail.com> wrote:

FORWARDED
for Education, Edification, and Information Purposes

Reporting.

R.E. Sutherland, M.Ed./ sciencesFreelance
Investigative Science Reporter since 1996
++++

QUOTE

Insider Reveals Wells Fargo Is Preparing for Complete Economic Collapse

by Dave Hodges | February 7, 2016 12:21 pm

[1]

[2]

In part, this article is a case of breaking news which is really old news.

In the video
below, released on February 7, 2016, the whistle-blower of doom, says
he’s a teller. Ray Charles could see that this is not true. The
referenced person is not a teller. The source is sophisticated enough to
use an untraceable proxy server and has economic knowledge far beyond a
common employee
of a bank. This person’s message is that of a prominent insider who has
the know-how with regard to covering his tracks and providing highly
detailed insider knowledge.

How can ascertain these facts about the whistle-blower and the validity of his claims?

In the past, I have written about the credit swap derivatives
exposure and the topic got very little traction. So long as people are
driving to work and have some food on the table, and there is no looming
crisis, most Americans will have a case of tunnel vision due to the
fact that most of only live for Friday and cannot see into the future.
Many of us in the independent media and even knowledgeable and respected
economists such as John Williams and Joseph Meyer are all saying that
we are on the verge of a complete economic collapse. And it will almost
assuredly begin with a collapse of the banks. How do I know, read on,
the banks, themselves, have already told you as much.

The 2016 Economic Crisis Is Worse Than 2008

The very same banks that created the last economic crisis have now created a 278 TRILLION dollar derivatives nuclear time bombthat could tear down the American economy in single and unannounced moment.

Interestingly and tragically, Wells Fargo appears to be a sound manager of its debt compared to the other banks.

From the Economic Collapse Blog[3]:

“JPMorgan Chase

Total Assets: $2,573,126,000,000 (about 2.6 trillion dollars)

Total Exposure To Derivatives: $63,600,246,000,000 (more than 63 trillion dollars)

Citibank

Total Assets: $1,842,530,000,000 (more than 1.8 trillion dollars)

Total Exposure To Derivatives: $59,951,603,000,000 (more than 59 trillion dollars)

Goldman Sachs

Total Assets: $856,301,000,000 (less than a trillion dollars)

Total Exposure To Derivatives: $57,312,558,000,000 (more than 57 trillion dollars)

Bank Of America

Total Assets: $2,106,796,000,000 (a little bit more than 2.1 trillion dollars)

Total Exposure To Derivatives: $54,224,084,000,000 (more than 54 trillion dollars)

Morgan Stanley

Total Assets: $801,382,000,000 (less than a trillion dollars)

Total Exposure To Derivatives: $38,546,879,000,000 (more than 38 trillion dollars)

Wells Fargo

Total Assets: $1,687,155,000,000 (about 1.7 trillion dollars)

Total Exposure To Derivatives: $5,302,422,000,000 (more than 5 trillion dollars)

Compared to the rest of them, Wells Fargo looks extremely prudent and rational.”

Confirming Data

Below are two excerpts that I wrote 15 months ago which absolutely confirms what the “teller” says in the above video. Fifteen months ago, America did not want to listen. Can you hear me now?

[4]

I. THE MONEY IN YOUR BANK ACCOUNT WAS STOLEN THIS MORNING

November 16, 2014

On November 16, 2014, it was revealed that when you awakened, a new G20 policy was enacted which effectively stole your bank account.[5] For the time being, you still have some access to some of your money. If you have $100,000 in the bank, try taking that money out today and see how fast the Federal authorities show up in your life. And if you did manage to get your money out of the bank, don’t forget about the cop on the corner poised to steal your money under the banner of “civilian asset forfeiture”. Pardon me, I digress.

All nations belonging to the G20 will immediately submit and pass legislation that will fulfill a new investment program.[6] This new program creates a whole new paradigm and set of rules whereby banks will no longer recognize your deposits as money.

Russell Napier[7] is declared November 16, 2014, as “the day money dies,” and according to Zero Hedge[8], Napier says the G-20 will announce “that bank deposits[9] are just part of commercial banks’capital structure[10], and also that they are far from the most senior portion of that structure.” Pay close attention America this means that following a bank failure, “a bank deposit is no longer money in the way a banknote is.”

This G20 legislation will formally push down bank accounts through
the capital structure to a position of being mere material capital risk
in any ‘failing’ institution. In our last financial crisis, deposits
were de facto guaranteed by the state, but beginning November 16, 2014
holders of large-scale deposits will be just another creditor fighting
to regain their share of the assets of a failed bank,” according to Zero
Hedge. And how much will your former money be worth when you come to
make your claim? For reasons that will become apparent as you weave your
way through this article and its conclusions, if you have $100,000 in a
bank account, you will take home under $1200! This is why for the past 18 months I have been telling the nation to not deposit your paycheck into the bank…

II. The Federal Reserve and the Bank of England Have Already Rehearsed the Theft of Your Bank Account

November 10, 2014

The theft of the people’s money has already been rehearsed by the powers that be in the banking industry. Regulators from the United States and the United Kingdom[11] got together in a war room to see how they will cope when the next big bank fails.

Treasury Secretary Jack Lew and the UK’s Chancellor of the Exchequer,
George Osborne, on November 10, 2014, ran a joint exercise simulating
how they would prop up a large bank (e.g. Bank of America) with
operations in both countries that has landed itself in trouble. Also
taking part in the “bank failure drill” was Federal Reserve Chair Janet Yellen and Bank of England Governor Mark Carney[12], and the heads of a large number of other regulators, in a meeting hosted by the U.S. Federal Deposit Insurance Corporation[13]. Just
like Jade Helm, if there were not going to do this, then why would they
be committing so many resources to practicing to do it?

The FDIC has only about $25 billion in its deposit
insurance fund, which is mandated by law to keep a balance equivalent to
only 1.15% of insured deposits.

If a banking collapse were to be on the near horizon, the banksters
are not going to notify you because they would not want to incite a bank
run. With only 1.15% of all deposits being insured by the FDIC, your money would be left vulnerable and only the elite would be warned as they quietly transfer their money to a safer haven, such as gold.

Conclusion

This is not the part where this turns into a prepper article,
although precautions should be taken on the part of every American (eg
gold, guns, ammo, food, water, and alliances). This is the part of the
article where I tell you to standby and wait for tomorrow’s article
which shows you where this is headed. Suffice it to say that Special
Operations Forces are already gearing up for what’s next.

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