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Posted

This guy is good, he's a Brit but talks about the whole world, this is a good example, but watch the one explaining bank 'bail in's', I now know why they offer interest on all accounts [they did not in the past], you will be horrified. Banks now have government backed, legalised theft of your money in the western world, I checked this and it is true, the weasels are having a field day, at our expense, literally.

ps don't think I'm rich, I'm just interested in everything, bottom line we are being lied to, what a surprise eh?

Quick spoiler for the bail In one, remember the last crash where the banks were 'bailed out' by governments and the taxpayer??, sure you do. So the G20 (Basically the Western world) changed this to 'bail in' for future events. Any account you have that pays interest (however small) is the property of the bank, they can take this money off you to get them out of trouble by issuing you stocks/shares in their already bankrupt bank, sounds fair lol?, watch it. Here's me thinking banks in UK giving interest on current accounts was to encourage savings etc, fooled me I should have known better, I'll bet very few realised this as well. Even criminals have more scruples than the average banker.



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Posted

So ill get all my money with drawed from my accounts and shipped home in full boxes of 20 bills ...



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Posted
24 minutes ago, major-mark63 said:

So ill get all my money with drawed from my accounts and shipped home in full boxes of 20 bills ...

If you send it all to me I'll pack it 😉



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Posted

hey has he said what is going to happen when the USA cant afford the payments on its debt, then the Biden administration raises the payroll tax to 50% to help pay for all this free money???so hang on to you hats folks when we go down it will be a domino affect around the would

WHEN COAL IS NOT ENOUGH.jpg



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Posted
46 minutes ago, 7Toes said:

hey has he said what is going to happen when the USA cant afford the payments on its debt, then the Biden administration raises the payroll tax to 50% to help pay for all this free money???so hang on to you hats folks when we go down it will be a domino affect around the would

WHEN COAL IS NOT ENOUGH.jpg

Well in one of them he makes the point I already knew (using apples) but most people don't understand is that the more money that is printed the less your savings and money in hand are worth. We may have the perfect storm coming?, money printing out of control, rising prices for basics and a stock market crash, then your money is worth rocking horse droppings.



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