Editor's Note: We are always on the lookout for cutting-edge financial news to share with you. Below is a message from our colleagues over at Palm Beach Research Group that we found particularly interesting. We urge you to continue reading.
The Bleeding Edge reader, As a former vice president of a major investment bank, I feel it's my duty to warn you about what's coming on November 5. With this new banking rule... Banks across the country are already preparing. I suggest you do the same... Because there's not much time left. Stephen Roach, former chief economist at Morgan Stanley, warns: "Already stressed by the impact of the Covid-19 pandemic, U.S. living standards are about to be squeezed as never before. A crash in the dollar could well be in the offing. It's going to fall very, very sharply" Yeah, I know... For decades we've heard rumors of a dollar crash... But what's happening behind the scenes now is stunning. This new banking rule will change everything. I've never seen anything like it. If you have money in the bank... Click here to see what's happening to our banking system and how to prepare. Regards, Teeka Tiwari Editor, Palm Beach Research Group | 
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