The Hill: Is there a worldwide run on the Bank of the United States of America?
In talking this week with a friend about the United States seemingly imploding from within across multiple sectors, my friend stressed: “It’s not just from within. There is a run on the United States from certain nations and business interests around the world. Just like there was a run on banks after the collapse of Silicon Valley Bank, many nations are either thinking about — or actually proceeding with — transferring at least a portion of their allegiance, assets and commitments from the ‘Bank of the U.S.’ to the ‘Bank of China’ or elsewhere.”
This was not just some person sitting on a porch casually talking about current events while whittling a stick waiting for his Social Security or pension check to hit the mailbox. This was a former high-level U.S. government official, now a CEO, someone who sits on the boards of directors for multiple companies. He has massive real-world and business experience and believes the United State may be on the verge of collapse.
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WNU Editor: It was not only the financial and economic sanctions the US imposed on Russia that was a wake-up call for the global community on what the US could do if they run afoul of US policies, but it was also the US threatening countries and global business interests that they could be next if they continue to do business with Russia or Russia-linked businesses.
No one wants their monies controlled in such a manner. Hence the move away from US banks and financial institutions.