Banking Reset

A Storm Is Coming

Many banksters never stopped doing the same reckless things that caused the last crash in 2008. A massive storm is now brewing over the entire industry. But this time, we won't be able to bail our way out of it. For several reasons, including a regional banking implosion, a commercial real estate bubble, international de-dollarization, and $100 trillion dollar black swan event set to go off this year, the entire western-led global financial system is about to collapse. Nothing that our policymakers normally do to prevent crashes will work this time. We must prepare for the most severe financial turbulence in our nation's history, and move quickly to execute unorthodox maneuvers that will enable us to adapt and survive.

Our System Is Ending

Cataclysm Inbound

Suits Are Lying

Bailouts Wont Work

Brace For Impact

Severe Economic Turbulence Ahead

The entire western-led global financial system is about to collapse. "Experts" and policymakers are desperately trying to convince us that it's not. But the wheels are coming off - very soon - so they won't be able to keep lying for long.

Countdown To Calamity

The Bank of International Settlements (BIS) has warned that the global financial system is on the brink of a $100 trillion dollar "black swan" event caused by a massive build-up of off-balance-sheet, dollar denominated derivatives and FX swaps. A perfect storm large enough to wipe out the entire world economy. This "black swan" event will be triggered by multiple crises feeding into each other all at once: the private credit bubble unraveling, commercial real estate breaking under impossible debt loads, and a wave of of regional banks failing in rapid succession.

Private Credit Time-Bomb

After 2008, risky lending was pushed out of traditional banks and into a less transparent system called private credit. Now about $2 trillion has been loaned to companies, many of whom won't be able to pay it back. When defaults surge, this hidden debt market will trigger cascading failures across the banking system.

Commercial Real Estate Bubble

Years of cheap debt pushed CRE prices far above what many buildings could actually earn, especially offices. Now vacancies are soaring, delinquencies are rising, many properties are underwater, and huge amounts of debt must be refinanced at much higher rates — setting the stage for cascading defaults across the sector.

Regional Banking Collapse

Nearly 2,000 regional and smaller banks are heavily exposed to commercial real estate, and will be crushed when the bubble pops. In a normal crisis, regulators and larger banks would absorb scattered failures. But when losses spread across hundreds of banks simultaneously, the problem will be too large to contain.

"Derivatives are financial weapons of mass destruction."

Warren Buffett

Nothing Can Stop What Is Coming

Accept The Economic Enema

No amount of bailouts will be enough save our banking system from armageddon. We must prioritize ordinary people during this existential financial meltdown, and prioritize what little financial runway we have left towards taking care of them. Not the banks!

Refuse Bailouts

Due to high debt and accelerating global de-dollarization, America can no longer export & soften the impact of inflation the way it used to. Printing the amount of money required to rescue our entire banking system would crush ordinary Americans with hyperinflation, and unleash a devastating wave of poverty and civil unrest.

Declare Bankruptcy

As the financial system begins to unravel, and the collapse begins to accelerate, we must take bold and decisive action to declare bankruptcy and restructure our entire monetary & financial system. This may seem painful and destructive, but it will allow us to evolve and remake the US into the most productive economy in the world.

Create Crypto Treasury Bills

The U.S. can scan for unmined resources on federal land and tokenize it, then combine those tokens with a handful of rapidly appreciating cryptocurrencies like Bitcoin. Together, they can back new crypto-based Treasury Bills, giving the government a safer, more modern way to manage debt without printing more money.

Abolish The Fed

The Federal Reserve is a destructive and corrupt cartel controlled by malign super-national influences. Its ability to print unlimited money has debased the value of our dollar, leading to inflation and making our hard-earned money worth less and less every day. Meanwhile, politicians have used this unlimited money to fund endless wars and bailouts for big corporations, leaving the American people to foot the bill. The Fed was created to prevent financial collapses, but it has not prevented a single one. Instead, it has presided over some of the worst financial crises in our nation's history, and is currently mismanaging us into the most catastrophic one yet. We must abolish the Federal Reserve and decentralize money.

Modernize The Money System

Our government wants to use this crisis to force everyone to start using Central Bank Digital Currencies (CBDCs). But after our banking system collapses, nobody will trust anything they control. So many Americans will prefer to use Non-Government Digital Currencies (NGDCs) instead. We must create a regulatory environment which makes that easily possible.

Tokenize Everything

Tokenize all real-world assets—stocks, bonds, commodities, real estate, and resources—so they can move instantly, trade globally, and be easily sold or borrowed against. Tokenizing everything would unlock massive trapped value, expand credit, and create the liquidity needed to rebuild the country and turbocharge the economy.

Modernize Payments

Modernize banking by replacing the outdated SWIFT wire payments system with blockchain-based infrastructure. Build a new system that runs on a fast, secure, scalable, interoperable backend where every currency and asset can be instantly exchanged, settled, sold, transferred, or borrowed against with near-total liquidity.

Launch Digital Dollar

A Digital Dollar (backed by hard assets) will be an important foundational tool for facilitating a vibrant mainstream ecosystem of decentralized cryptocurrencies. Like Tether and USCD, the Digital Dollar wont have anywhere near the highest market cap or volume, but it will still be a critical tool for benchmarking prices and values.

Forcing everyone to use digital money will create tremendous backlash and inhibit our ability to modernize our banking system. So people should be able to keep using cash if they want to.

Crackdown On Offshore Banking

City of London, the world's leading offshore banking hub, has long been a haven for money laundering and tax evasion. To combat this problem, the US government must pressure the UK to formally annex the City of London and force it to comply with UK banking regulations (i.e. KYC requirements). This simple move would effectively "pull-the-chair" out from under a huge portion of the world's offshore banking industry, driving massive amounts of offshore capital out of sketchy banks and into the crypto markets. Dramatically reducing volatility and stabilizing Non-Government Digital Currency (NGDC) markets enough for practical everyday use. The City of London is a corrupt medieval loophole which enables oligarchs and intel agencies to fleece the taxpayers of all nations - and it must be agressively closed.

Position Economy For Future Success

Our middle-class is going to be permanently extinct if we don't take dramatic action to ensure their future viability:

Protect Housing Market

Fueled by a decade of low interest rates, hedge-funds and foreign billionaires have been buying up millions of single family homes - distorting the market and pricing working-class families out of suitable housing. Housing purchases by hedge-funds and foreign billionaires must be capped.

Student Debt Discharge

Student Debt is going to take a multi-trillion dollar bite out of our economy if we keep allowing it to prevent a huge percentage of the population from affording homes and families. Revert back to pre-Bush policy. Allow Student debt to be discharged in bankruptcy.

Reset Credit Scores

Our current credit scoring system is a mess and a racket. We must reformat our consumer credit scoring system from the ground up. And we must not allow corporate monopolies to control our data. Allowing consumers to escape old credit reporting system will strengthen our economy.

Banking Reform