On Sept. 20, the hacktivist group known as Anonymous posted a communique on their website to officially commence Operation Black October, and to get people around the world to kill the financial system by getting them to remove their money from banks. This operation comes as the global financial system teeters on the precipice of a new Lehman moment where companies like Glencore, Trafigura, and Deutsche Bank sit on the cusp of collapse or insolvency, and where the fears of a new bail-in scheme could soon find more depositors out of a large portion of their funds.
In addition to removing your money from all banks, Anonymous is also calling for a cease and desist of using credit cards, debit cards, and the taking out of loans, and to instead to have people do their spending using only cash.
“US branches of Germany’s Deutsche Bank and Spain’s Banco Santander have failed US Fed stress tests, while America’s largest bank, Bank of America, is put on ‘warning’. How far can the ordinary people shoulder responsibility of a failed private bank? Anonymous asks you to join the peaceful revolution from October 1 to 31. Take all your money from your bank account, don’t use your credit card, pay cash and change your future. Show the Big Bankers that we don’t need their debit cards, we don’t need their credit cards, we don’t need their loans, and we don’t need them. Let’s show them that we are the 99% and we can beat them. It is that easy.” – AnonHQ
Ever since the fall of Northern Rock prior to the Credit Crisis of 2008, people around the world have been leery of trusting their money to banks, especially after the introduction of bail-ins during the Cyprus collapse, and the more recent bank holiday that took place during the Greek debt and austerity vote. And while there have been new alternative ways to protect and save your money outside of the banking system since the banking crisis of seven years ago, only a small percentage of people have gotten into models such as Bitcoin, and the gold backed system known as Karatbars.
Anonymous has been focal point for many who have sought ways to get out of the fascist political model that is the foundation of most Western countries after 9/11 and 2008. And while Anonymous may no longer have the gravitas they once did during the Edward Snowden days and revelations of NSA spying, they still are on top of events to both educate and cause activism for people who are against the banking cartels by offering ways to protect yourself from what appears to be the next major economic crisis coming fast upon us.
Kenneth Schortgen Jr is a writer for Secretsofthefed.com, Examiner.com, Roguemoney.net, and To the Death Media, and hosts the popular web blog, The Daily Economist. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.