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The major banks will bail out the investment banks, and then turn to the Fed to finance their activities, and the Fed will back them up with whatever support they need.
That doesn't mean the major banks will finance ALL of the investment banks. They may let one or two of them go under, to force a rescue merger or some such event - not unlike what happened in 2008.
They don't care how many billions, or even trillions, may be needed to make this happen. Whatever is needed will be provided.
The markets will not be allowed to crash. They may, however, adjust significantly. Some financial firms may go tits up.
Meanwhile.. this is turning into the MMO of all time. I hope it's just the beginning.
I really hope they do this to the silver market, because it is massively short as well, and I'm sitting on a pile of the stuff:)
This seems like the beginning of the house of cards failing. Notice how we had a crash in 2008, but the one before was in the 90s. Now it seems that severe, fluctuating crashes are occuring every 2-3 years instead of 10 years. So i expect the next market crash on top of the COVID crash to be in late 2021, early 2022. Time to stock up on gold and silver!
I did.
For precisely this reason.
The thing is even if Papa Jerome runs the cover on this fiasco, expect everything around you to go up in price astronomically. We wont need to ban fracking to get gas prices up, the inflation alone will kill you. And sure some people make a good job with good money, but what happens when the guy making a 150K has the purchasing power of the local white pauper in the early 1900s? The dollar will become rejected, and boom goes the dynamite, all because the kikes got way too greedy
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