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IPFS News Link • Wall Street
How One Wall Street Giant Is Prepping for "Financial Collapse"
• https://www.lewrockwell.com, By Madge WaggyI promise you they most definitely ARE!
I have very close friends who own multi-million dollar companies and I can tell you that they're also the most concerned people I know when it comes to what lies ahead for our country.
Maybe it's because they have "more to lose"? Or maybe they have their ear to the ground and know something you and I don't?
The answer is "BOTH", and…
Here's How One Wall St. Giant Is Prepping For Financial Collapse (Steal Their 3 Survival Tips Now…)
Jonathon Johnson, the Board Chairman of Overstock.com (a company with over $1.5 billion in annual revenue and 1,500 employees), gave a talk at a precious metals conference about the company's insights into where the economy is going and what they're doing about it.
The No B.S. Truth Straight From The Mouths Of Financial Insiders
Here are some highlights from Johnson's speech and what you can do to follow their lead on preparing for what lies ahead…
"We are not big fans of Wall Street and we don't trust them. We foresaw the [2008] financial crisis. We don't trust the banks still and we foresee that with QE3, and QE4 and QE 'N' that at some point there is going to be ANOTHER significant financial crisis.
We expect that when there is a financial crisis there will be a banking holiday. I don't know if it will be 2 days, or 2 weeks, or 2 months."
What That Means For You:
A "banking holiday" is a Presidential Order (passed in 1933) used to completely shut down banks – without warning – to avoid everyone panicking, pulling their money out and causing a complete financial apocalypse.
The entire banking world suddenly goes "black" and you won't be able to view your balance… withdraw or deposit money… write checks… or even access your bank's web page.