[Going strong]

NomadofEU wrote on another thread ( thread-53981...pid1229065 ):


If you want to change things then stop contributing to the system. Take your value, take your experience and knowledge and go elsewhere. Don't give it a second or a penny more of your worth.

It's interesting, because, think about it: If all or even just 30% of conservative men, fed up with "the system" (current globalist and ultra-feminist Western society), removed their assets from Western banks, what would happen?: Globalist, SJW politicians would be brought to their knees!

I mean, it's a power we as conservative men are not using... In general, we have savings in Western banks: If Western governments keep on mistreating us, then, we just have to organize and remove part of our savings from Western banks: then the anti-conservative-men system crumbles, fast!

Concretely, it might be opening a bank account abroad (in EE, Asia, Uruguay...), or buying and storing gold (or even foreign currencies). It would deal a terrible blow to socialist-leaning Western governments... Then, if and when D. Trump (or M. Le Pen) are elected, we would repatriate our savings!

[Virtus]

Only 30%? That's the entire working and retired male population

[Going strong]

(02-23-2016 10:43 AM)Virtus Wrote:  

Only 30%? That's the entire working and retired male population

I think, if even just 20% of conservative men move their savings to a foreign bank, or buy and store gold, then corrupt Western governments go broke, fast.

Corrupt, left-leaning Western governments hate us, but need our workforce, intellect and savings. If we remove all or part of that...

[Repo]

I don't think you understand how taxes work, or the banking system for that matter. This would literally not accomplish anything, unless you are advocating full scale tax evasion, at which point you may as well leave the country instead of risking prison.

[porscheguy]

A bank run wouldn't do much more than put a lot of ATMs out of order for a few hours or days. It certainly wouldn't cause a banking system collapse. What it would do is cause a backlash by the elites and a harder push to move us to a cashless society.

[Mr. Wolf]

(02-23-2016 05:59 PM)porscheguy Wrote:  

A bank run wouldn't do much more than put a lot of ATMs out of order for a few hours or days. It certainly wouldn't cause a banking system collapse. What it would do is cause a backlash by the elites and a harder push to move us to a cashless society.

Exactly right. One of the end goals of our overlords to eliminate cash, for a bunch of authoritarian reasons, including to maintain central bank control over the economy as they contemplate going negative on interest rates. If you were to allow folks to hoard cash, it would be difficult if not impossible to go into real negative territory on interest rates. The ECB is already pushing to eliminate the 500 Euro note to make hoarding more difficult. Interesting article here:

http://www.mauldineconomics.com/frontlinethoughts

[not_dead_yet]

(02-23-2016 10:35 AM)Going strong Wrote:  

Concretely, it might be opening a bank account abroad (in EE, Asia, Uruguay...), or buying and storing gold (or even foreign currencies). It would deal a terrible blow to socialist-leaning Western governments... Then, if and when D. Trump (or M. Le Pen) are elected, we would repatriate our savings!

If you have a foreign bank account with more than $10k in it at any point during the year and you fail to report it, you can be liable from penalties ranging from $10k to $100k/half the value of the account.

I don't know whether it's worth the effort to do what you propose.

[HectorLavoe]

There is no need to seek vengeance, the system will cripple itself just fine. It would be best to just protect your wealth and seek a comfortable life away from the decay for you and your family.

[monster]

(02-23-2016 10:35 AM)Going strong Wrote:  

Concretely, it might be opening a bank account abroad (in EE, Asia, Uruguay...), or buying and storing gold (or even foreign currencies). It would deal a terrible blow to socialist-leaning Western governments... Then, if and when D. Trump (or M. Le Pen) are elected, we would repatriate our savings!

You are aware that the same banks that are in the US are all over the world and own all the regional banks globally? And you are aware that government can confiscate any money/valuables not held in banks from you under any number of pretext and good luck getting it back.

[whateverfuckit]

I agree with the above.

Moving your money "out" of the banks would have little effect, and many drawbacks. Good luck if your house catches fire or you're robbed.

Better idea would be to develop a location independent income, leave the country, and minimize your tax burden.