A banking crisis simulation conducted recently in Israel is preparation for the ‘Great Reset’, according to Mike Yeadon, former chief scientific officer for Pfizer and pandemic critic.
The 10-day simulation concluded on 9 December in Jerusalem, and invovled central bank representatives from Israel, USA, UK, UAE, Switzerland, Austria, Germany, Italy, the Netherlands and Thailand, as well as representatives from the IMF, World Bank, and Bank of International Settlements.
The simulation was based on a catastrophic cyber attack scenario, in which the entire world financial system was brought down, leading to a ‘run on banks’ requiring emergency liquidity in multiple currencies, paralysing the global financial system. Targets would included foreign exchange markets, bond markets, loss of data integrity and compromised transactions between exporters and importers.
The solution to such an event would require international cooperation and coordination of monetary policy. Measures would include a coordinated bank holiday, debt repayment grace periods, SWAP/REPO agreements and coordinated delinking from major currencies.
Dr. Mike Yeadon believes the simulation is a front for a planned financial reset, which he expects to take place sometime after March 2022.
The financial reset itself is the actual manifestation of what the head of the World Economic Forum (WEF) Claus Schwab has called The Great Reset, where ‘You will own nothing and be happy’. Prime Minister Jacinda Ardern is a ‘graduate’ of the WEF.
Yeadon believes electronic representation of individual currencies will end, and that it is entirely possible people will lose everything they think they own by way of financial assets.
Yeadon believes other real assets, mostly property, will be seized and people’s ability to purchase enough food not to starve, will depend upon them holding an up-to-date vaccine passport. According to Yeadon, that’s the ultimate tool of coercion: VaxPass or starvation.
According to a post on Yeadon’s Telegram channel:
- Banks will close for several days, and online banking will be offline. People won’t be able see their balances.
- ‘Debt holidays’ will be implemented, including the cancellation of debts, noting that one person’s debt is another person’s savings.
- ‘Coordinated delinking from major currencies’ will see the end of balances in USD, GBP and EUR. Individual currencies will presumably be rebased and ‘severely haircut’ into Central Bank Digital Currencies.