20 Reasons Why America’s Next Bank Holiday Will Be a Nightmare (Updated)
JWR’s Introductory Note: Today, in lieu of our regular bi-weekly Economics and Investing column, I’m presenting an update to an article that I wrote for SurvivalBlog, back in June of 2012, titled: 20 Reasons Why America’s Next Bank Holiday Will Be a Nightmare. If anyone compares this with the original edition, you will see that I’m standing by the majority of my 2012 predictions and recommendations. If anything, nine years later, the threats that we’d face in a banking crisis will be even greater, because of increased reliance on electronic payment systems, power grid reliance, Internet reliance, and the larger …