Financial threats from a second lockdown – read this

Paolo Cabrelli | 31 Aug 2020  Will the financial system survive ANOTHER lockdown? Dear Reader,     We came to the brink…   The economy ground to a halt.   Unemployment skyrocketed.   The stock market tanked.   We are only now – carefully – beginning to recover.   Of course many shops and businesses will not re-open.   Some people will not find work for months, even years.   The Bank of England has already braced us for what could be "the worst economic crash for 300 years."   So what about if it happens all over again?   How confident are you that Boris – despite the warnings from leading scientists to be more cautious – has got it right?   How confident are you that people can show enough restraint and prudence to stop a second wave being triggered… and potentially… a second lockdown?   Well, the last time the weather was nice, here's what my local beach in Southend looked like:   Source: Twitter   Well, the sun is shining again.   And we'll see the same thing. People packing out the beaches, parks and town centres.   What if the shops have to close again?   What if more people lose their jobs?   As reported by the BBC, Germany is facing this reality right now:   "Coronavirus: German outbreak sparks fresh local lockdowns" – 23rd June   Landlords can't let their tenants live rent free forever…   Businesses can't survive without customers…   The financial system can't run and run under such severe pressure.   If you're worried about the lasting financial ramifications of the lockdown (not just willing to forget it as part of the 'newscycle')…   And are concerned about what extreme measures might occur as a result of a second lockdown…   YOU NEED TO READ THIS IMMEDIATELY.   It's a tailored online briefing for those worried that these financial problems won't just disappear…   And for those that suspect – if things come to the worst – the government could turn to our money to fund the bailouts.   If you do hold that sort of suspicion – you are right to!   In our special briefing you will see that a law is ALREADY in place should the banks come under severe strain…   Plans to use depositors money – that's your money (some or all of it, it's a complete unknown) – to keep the banks solvent.   That may sound ludicrous to some. And it is. But it's real. The necessary legislation was passed through UK law SIX years ago.   If there is even a slight chance of a second lockdown…      And a slight chance your money could be commandeered to save the financial system…   In my view you would be reckless not to do something about it in advance. A little hedge to sleep easier at night if the worse happens.   At the very least – you should watch this to get informed.   Many thanks,    Paolo Cabrelli Publisher, Southbank Investment Research   PS. More than 2,500 people have taken up our invitation to download a special 'prepper report', should the financial situation in Britain worsen. It's called "Escaping the financial system: a survival guide". If you'd be interests in reading about six investment ideas to help keep a little of your wealth beyond the reach of the government – everything you need to know is in our briefing, here.

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