Yesterday, 01:02 PM
A little birdie told me:
1) Banks are starting to send notices that accounts (personal and business) will be subject to mandatory "fees" starting in July. They will start small, around .15% of account balance monthly but subject to change at any time. That is NIRP policy in effect so look for June FOMC to go NIRP or at least bring it up and go "official" NIRP in July.
2) Banks will start requiring ID for cash transactions in the same time-frame as people start worrying about the safety of their account balances. Cash transactions will be tracked.
3) Puerto Rico default on huge missed payment will probably be blamed as the catalyst for dominoes starting to fall. Bail-ins to quietly start soon after, though the NIRP "fees" are a stealth bail-in already. Those "fees" can go up really quickly.
No, I won't reveal sources or specific evidence. Take this post however you like, feel free to ignore it. Read any and all bank notices you receive in the near future very closely!