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Comments
Like Kim says, nothing is written in stone. Anything can change. And I also do not trust predicted dates.
I see Jim, thanks for the info.
I believe this date could change. If too many people become aware and panic sets-in - isn't it possible that this will be brought forward?
Kim, from what I heard, congress has already passed a bill that will go into effect on July first that would cause the problem. It is HR2847. I have not been able to find the exact cause in the bill, as it covers many different things. Maybe someone else could. But it seems that all the banks in the world will be closed, no transactions whatsoever. No credit cards, debit cards, or ATM. Nothing! The only thing that will work will be the cash that you have on hand. The banks will be down for about two weeks. That is when they expect riots. I also heard that pensions and SS will stop. There will be no banking at all. Remember SS checks all go into the bank electronically now. So that means also no house payments! No IRA's etc. everything down. That is when super hyper inflation will start. They said $15. for bread and $10. for gas etc. They are about to devalue the dollar as it is actually worth 0. it is fiat, just play money. Also talking about the new money being good only in the US.
You think it's going to happen on July 1st? Dates seem not to happen.