What To Expect Next Year When They Attack Banks

What to expect after the 2024 bank cyber attacks. As my last video pointed out, the world economic forum already told us they were planning on attacking the banks. Their goal is to do enough damage to make everyone sign over to policing of the internet with A digital ID. This is what Obama was trying to pass by regulating the internet. Obama failed but Biden picked it up with the executive order 14036 hidden as a competition act. The TSA just rolled out the instruments to accept the digital ID so it’s definitely coming. Senate bill. 884, Improving Digital Identity Act of 2023 just put in place a digital task force to teach states best practices with digital ID. On October 19, 2023, the Federal Communications Commission (FCC) adopted a Notice of Proposed Rulemaking (NPRM) that proposes to reclassify broadband internet access service (BIAS) as a Title II common carrier service and reinstate net neutrality rules. The FCC doesn’t write laws, but the ATF doesn’t either, yet they still made it law anyways. This means regulating what we see and hear and making steps to eradicate free speech. This is unlawful but they don’t care. They say this is for tier 1 ISP’s, which are the main hub of traffic, will not throttle competitors. For example, AT&T can own a hub located in a large city and if Verizon was traveling through their cable lines, they cannot block or throttle their competition. It seems benign and upright, but that is what they want you to see and go with. The rules can be abused and used to satisfy government overreach through spying and censoring speech.

As if we are surprised right? The Patriot Act was pitched the same way and not one administration or branch of government has been held accountable or responsible for spying on Americans. Regardless, a cyber attack is coming and the banks with the most derivatives on the market will most likely be chosen. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. Combined they hold over 18 trillion, which compared to the 200 trillion they had before the crash of 2008, doesn’t seem that bad. Derivatives are legal contracts that set the terms of a transaction that can be bought and sold as the current market price varies against the terms in the contract. Or in simple terms, the 2008 crash happened because investors combined hundreds of mortgages into a derivative and sold them as future gains betting that most of the homeowners will pay their debt. An investor buys it wrapped into a contract at face value with the hope that the value of the homes increase. But the stock market crashes every 10 years and the banks hurry to sell those loans to buyers before it crashes. Another example of Derivatives trading is when you buy or sell a derivative contract for the purposes of speculation. Because a derivative contract 'derives' its value from an underlying market, they enable you to trade on the price movements of that market without you needing to purchase the asset itself. Derivatives are risky and should be illegal.

The most likely scenario is Bank of America, Citigroup and JP Morgan Chase will all buy up Goldman Sachs’ derivatives and take the cyber attack as the fall guys. They all will buy insurance before so that their assets are covered. Goldman Sachs is spared because they are more of an investor than a bank and are most likely in on it as well. The chaos from 3 large unsinkable banks failure to send kr receive money will bring panic to Wall Street and most likely crash the economy. Because the supply chain is as fragile as it is since Covid, whatever policies and laws that are quickly in place by congress will be passed without hesitation. The finger will be pointed to another country while they implement a new cyber law and digital ID for the masses to prevent something like this from ever happening again. Crypto will be offered as a safe centralized form of keeping money safe and after a few years of hardship, the American people will have no choice but to accept the digital dollar. A brilliant plan where the fat cats gain more control and power while the sheep get fed bugs and viruses.