We know what’s coming and we are prepared.
BANKING HIGH ALERT
BE AWARE THAT ALL THE TERMS AND CONDITIONS FOR CREDIT AND DEBIT CARDS ARE CHANGING RAPIDLY NOW!!! READ EVERY EMAIL AND NOTICE MAILED TO YOU FROM YOUR BANK WORD FOR WORD AND DO NOT SKIP ANYTHING THINKING IT IS THE USUAL BILLING OR ADVERTISING THEY SEND ALL THE TIME.
THE BANKS ARE IN FACT NOW CHANGING ALL THE TERMS AND CONDITIONS OF EVERY CREDIT AND DEBIT CARD.
THE TREASURY AND ALL THE AGENCIES OF THE US GOVERNMENT ISSUING EBT CARDS ARE AFFECTED AS WELL SO READ EACH EMAIL OR LETTER YOU RECEIVE REGARDING YOUR EBT CARD CAREFULLY WORD FOR WORD AS WELL.
IF YOU NEED TO TAKE ACTION RELATED TO YOUR CARD OR CARDS DO IT IMMEDIATELY BEFORE THE CHANGES TAKE EFFECT.
THIS ALERT IS MUCH MORE THAN CREDIT CARDS WILL BE CUT OFF OR CREDIT LIMITS SCALED BACK BASED ON CREDIT SCORE AND AI PROGRAMS. IT IS ALSO ABOUT A TOTAL CHANGE IN THE TERMS OF YOUR CREDIT CARD AGREEMENT WHICH YOU HAVE WITH YOUR BANK, AS WELL AS HOW AND WHEN THE CHANGES WILL TAKE PLACE:
HERE IS WHAT YOU WILL FIND WHEN YOU ARE NOTIFIED SO READ ALL WORDS CAREFULLY IN ANY EMAILS OR LETTERS REGARDING YOUR CREDIT CARD, EVEN YOUR MONTHLY STATEMENT MAY CONTAIN CONTRACT CHANGES SO READ EVERY WORD OF EVERY COMMUNICATION FROM YOUR BANK:
1.1.THE TERMS OF PAYMENT WILL CHANGE AT THE WILL OF THE BANK.
1.2.THE AMOUNT OF INTEREST CHARGED AS WELL AS WHEN THE INTEREST WILL BEGIN BEING CHARGED WILL CHANGE BY THE BANKS CHOICE.
1.3.THE TERMS OF YOUR CREDIT LIMIT WILL CHANGE BASED ON FACTORS THE BANK WILL CHOOSE NOT YOU.
1.4.THE BANKS ARE ALSO SENDING IN THE NOTICES THAT IF YOU DO NOT AGREE WITH THEIR CHANGES IN THE TERMS OF SERVICE AND WISH TO CANCEL YOUR CARD, THAT A FULL AND COMPLETE PAYMENT OF THE REMAINING BALANCE OF YOUR CREDIT IS DUE AND PAYABLE IMMEDIATELY.THE BANKS ARE PREPARING TO SEND NOTICES TO PEOPLE REGARDING CHANGES IN THE TERMS OF SERVICE FOR DEBIT CARDS AND ATM USE:
1.1.YOUR DAILY LIMIT OF CASH AT ATMS.
1.2.YOUR TOTAL DAILY SPENDING LIMIT IN STORES.
IN ADDITION, THE TOP 12 BANKS IN THE USA SENT NOTICES TO THE CREDIT AND DEBIT CARD PROCESSING COMPANIES, THAT AS OF MIDNIGHT DECEMBER 14, EASTERN USA TIME, THEIR SERVICES FOR PROCESSING CREDIT AND DEBIT CARDS AROUND THE COUNTRY TO MERCHANTS AND ATM MACHINES WERE NO LONGER NEEDED.
2.1.THIS NOTIFICATION BY THE 12 LARGEST BANKS IN THE USA COINCIDES WITH DEC 15TH 2023, 149 TRILLION DERIVATIVE BOND PROBLEM CENTERED IN EUROPE, BUT AFFECTS ALL LARGE BANKS AROUND THE WORLD ESPECIALLY THE BANKS IN EUROPE AND THE USA.
2.2.MAKE NO MISTAKE, THERE ARE MASSIVE BANKING CHANGES COMING TO THE USA AND NOTHING IN BANKING WILL EVER RETURN TO THE “NORMAL” YOU ARE USED TO HAVING AS SERVICE AND SUPPORT FROM YOUR BANK.
ON DECEMBER 23, 2023 THE USA BY LAW HAS TO PAY ALL INTEREST DUE ON ANY AND ALL US GOVERNMENT BONDS TO THE CREDITORS WHICH HAS BEEN OVERDUE SINCE NOVEMBER 23, 2023, OR THE US GOVERNMENT ENTERS THE FULL DEFAULT CONDITIONS DEFINED IN EACH AND EVERY GOVERNMENT BOND ISSUED BY THE US GOVERNMENT. THIS PAYMENT OR LACK OF PAYMENT WILL DIRECTLY AFFECT EVERY AMERICAN.
Ukrainian forces have begun training and testing exoskeletons for battlefield use. Soldiers from the 147th Separate Artillery Brigade are using them in the Pokrovsk sector for both logistics and frontline operations. The goal is to reduce physical strain, especially when loading heavy artillery shells into howitzers without automatic loaders. Artillery crews can handle up to 1200 kg of ammunition per day, and early tests show that exoskeletons help them work faster and with less fatigue Above all, by improving the conditions for those soldiers on the front lines who handle such heavy loads, plus the stress of work. Seeking to reduce overall fatigue in the troops
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🇮🇷🇮🇱 - 14 wounded in Iranian missile strike in central Israel, according to Israeli media.
🇬🇧🇮🇶 - A drone struck British Castrol oil warehouses in Erbil, Iraqi Kurdistan, causing extensive damage.
🇮🇷🇮🇱 - Iran launched 9 missiles towards Israel this morning alone, with at least 3 of them being cluster missiles.
🇱🇧🇮🇱 - Over the past 12 hours, Hezbollah launched counterattacks in Khiam and Qantara, in the Nabatieh direction, southeast Lebanon. Hezbollah recaptured northern Khiam, with fighting ongoing for the south of the town. Hezbollah units also re-entered Qantara; frontline sources reported clashes in the center of the town last night.
🇱🇧🇮🇱 - 48 IDF soldiers have been wounded in clashes with Hezbollah over the last 24 hours in southern Lebanon, according to the Israeli Army.
🇱🇧🇮🇱 - "The Israeli army is barely catching its breath in southern Lebanon, and its resources are less than in the previous round of fighting," - Haaretz....
🇺🇸 Blue Owl Capital just disclosed that investors tried to pull 40.7% of one fund and 21.9% of another in a single quarter, and both funds gave the same answer, you can only have 5% back, and everyone else waits in line.
This is a bank run, not a normal withdrawal.
Wall Street spent the last decade selling millions of investors on something called semi-liquid private credit, higher yields, steady income and the promise you could get your money back every quarter if you needed it. What they buried in the fine print was what happens when too many people try to leave at the same time.
Analysts who have covered private credit for decades say nothing on this scale has ever been reported before at any major private credit manager.
These funds do not hold stocks you can sell on a Tuesday afternoon, they hold private loans to mid sized companies that cannot be liquidated quickly without destroying the price for every investor still trapped inside.
This product was originally designed for ...
🇺🇸 President Trump wants to switch to war economy in 2027 with massive increase in military spending and massive cuts to healthcare and other domestic agencies
Once a deficit hawk — he said in 2016 that he thought he could balance the budget in five years — Trump ended his first term with $7.8 trillion in added debt. His 2027 proposal is expected to give an update on 10-year deficit projections currently estimated at around $16 trillion.
The GOP's message for the Midterms will be focused on the "need" for a massive defense build up while the Democrats' message will be focused on affordability.
The fiscal 2027 budget will be the first time Trump puts his second-term governing agenda into one comprehensive document — with the numbers to back it up. The budget he released last year lacked detailed line-by-line spending targets and the economic assumptions necessary to project the long-term cost of his proposals.
Investors in US Treasuries will be looking to see if the debt and ...
