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Thursday, February 04, 2016

Wells Fargo Insider Says Bank Is Preparing For Emergency Scenario

https://www.superstation95.com/index.php/world/842

If taken at face value and believed, why would Wells Fargo be doing this?  What "emergency" could take place that might cause people to swarm to a bank in such numbers that they would have to lock the bank and only allow three customers in at a time?
A bank collapse?   An economic collapse?  a Currency collapse?
None of these things would be good and if the claims above are true, it is a dangerous signal to the rest of us to get some money out to tie-us-over for a month or so in the event everything shuts down.
In a banking emergency, CREDIT AND DEBIT CARDS WILL NOT WORK.   ATM's will not work.  Banks will be closed so that you cannot even enter your own safe deposit box.
Do you have enough cash money on-hand to get through for a couple weeks operating solely on cash?  If not, you'd better get that taken care of -- fast.

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