Lynette Zang – Next Market Meltdown Means Frozen Financial System

 What will the next financial meltdown look like to the man on the  street?   Market analyst Lynette Zang predicts, “The Bank for  International Settlements (BIS) showed how they would bail in the banks  over the weekend.  It’s pretty easy to see if you look across the pond  to Greece.  You will have no access to your wealth.  You may have a  pretty statement that says you have xyz (stocks) in there.  You just  can’t touch it.  It will be the same thing with your bank account . . .  basically, access will be gone.  That’s what it will look like, and  people are going to be freaked out.  What do you do when the computer  says no?  There is a certain amount of cash in the ATM, maybe $60 a day,  maybe $300 a day.  Who knows?  But it’s not going to be enough.  So,  that’s what it is going to look like.  Most people will freak out  because they have about three days of food in their house.  Most grocery  stores have about three days of food on their shelves.  So, what  happens after day six?  People will be scared for sure, and they will  panic.”