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Globalism: Banks drown in bad loans |
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"In five years time no large Bank will be in business anymore if their loans to global enterprises are not secured. ... It is not the middle class that created the Banks' problems in Germany, it is their loans to globalistic clients." (Die Welt, Feb. 24, 2003, page 11) |
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The diversion of our monies The monies of the working masses in the West, even of the those in Russia, have been diverted into the accounts of a few globalistic string pullers. The greatest robbery in the history of mankind was achieved through three major globalistic channels: By a quasi "forced exchange-campaign" of genuine money into worthless papers (shares, mainly of the so-called New Economy) through a uniquely organised gold-rush hysteria by the media. 2. By siphoning off the monies from the Banks which belonged to the working masses. Billions of funds were generously handed over by the Banks to global enterprises as so-called loans. Money that was earned by the masses and banked into their accounts. Most global enterprises are nearly bankrupt, thus the Banks are bankrupt (see Argentina). The same applies to Life-Insurances and Pension-Funds who diverted the funds of their clients also into the pockets globalistic managers and string pullers. 3. By pawning the state's (people's) tax revenue to global enterprises in granting complete tax exemption and billions of subsidies for so-called "commercial location protection". |
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The fortune/wealth of Bank account holders has been diverted into the pockets of the global players. Soon there will be no more money available to the millions of Bank clients. Banks, Life Insurances and Pension Funds are de facto bankrupt because they stuffed their clients money into the globalists pockets. In view of the imminent worldwide financial and currency collapse the globalists in return invested the fortunes of the masses in means of pro-duction, Gold and real estate! |
| Example: |
| "For
years German
Banks pumped billions into Airlines financing their
passenger jets. Since the airline industry plunged into a crisis, the
risky loans are damaging the Balances of Banks. ... Where exactly the monies were destroyed shows the insolvency procedure of United Airlines (UAL). The creditors list of United Airlines, that saved itself into Chapter 11 by the end of 2002 reads like the a who's who of the German Bank and leasing scene. ... The volume of these risky jet-finances sums up at four billion euro." |
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Der Spiegel 44/Oct. 27, 2003, p. 100-102 |