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If the US banking system were to crash, it would be an unprecedented disaster. Individuals and businesses across the country would instantly be unable to access their money or the resources they need to complete financial transactions. People would likely begin hoarding cash and looking for alternative currencies, such as gold or Bitcoin, to use as a last resort.

 

The effects of a banking system crash would be felt immediately. Credit would freeze up, making it difficult to borrow or lend money. Businesses would struggle or shut down completely due to a lack of liquidity. A recession could ensue, with financial institutions unable to make payments or loan out money. There would be long-term economic repercussions due to the upheaval and destruction of the current economic system.

 

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If the US banking system were to crash, access to your money would depend on how much planning you have done in advance. To protect yourself, it is best to develop a plan to be prepared for such a situation.

 

The best way to access your money is to keep some liquid cash on hand. This should be kept safely in a safe place outside of the banking system. Preferably in a location that you can access quickly and securely if needed.

 

In addition to this, it is also a good idea to invest in other forms of currency. Purchase gold, silver, or real estate. These will be more secure and reliable in the event of a large economic collapse.

 

 

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There are a few things you can do in order to protect yourself if the US banking system were to crash.

 

One of the first and most important steps to take is to diversify your investments. This means that you should avoid putting all your eggs in one basket, and instead invest in different markets so that if one fails, you still have money in other investments.

 

It is also important to have access to liquid cash. Any cash that you keep should be kept in a secure location, preferably outside of the banking system so that you can access it in times of an emergency.

 

Finally, be sure to have a plan in place in case of an emergency. This should include an option to transfer your money to a friend or family member in case of a banking collapse. By having a plan in place, you will be better prepared if the US banking system were to crash.

 

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In conclusion, protecting yourself if the US banking system crashes requires taking certain steps. It is important to diversify your investments, have access to liquid cash, potentially buy gold, silver, real estate and have a plan in place in case of an emergency. By taking these steps now, you can ensure that you and your money are protected in the event of a banking system crash.

 

 

I love hearing feedback from you. It makes my trading more personal and I like to hear how I can help you. If you would like to be in Training Pit with me sign up here or if you want one on one training you can email me jane@thedarkpools.com You can contact me here or Twitter (@ItsAirplaneJane), Instagram (missairplanejane), LinkedIn and or YouTube Every Trading Day at 815am on Youtube I stream building of my daytrading watchlist for my Youtube Members

The tool I use for scanning and alerting is Trade Ideas who offer an always free trading room. You can receive 15% off  when you sign up here for your first year or month.

Trade Ideas will be offering the quarterly full access test drive of their software

Another amazing software is Trendspider that has a new innovative rain drop candlestick that shows the volume for the morning session and afternoon session as far as the weight of it in price action. You can try them for free for 7 days here and receive 20% off with MTS20

My book is available at Amazon FMJ Trust Transition Trade: How Successful Traders Said It, Did It, and Lived It . As well as  Barnes and Noble, Indigo, Chapters, and more.

 

For my charts I use tradingview.com which offer free charting and paid services

 

This blog is for informational and educational purposes. I am not a registered securities broker-dealer or an investment adviser. The information here is not intended as securities brokerage, investment or as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any security or fund.