Deutsche Bank fall drags down US stocks
http://www.bbc.co.uk/news/business-37508394
Commerzbank plans to cut 9,600 jobs
http://www.bbc.co.uk/news/business-37505900
Printable View
Deutsche Bank fall drags down US stocks
http://www.bbc.co.uk/news/business-37508394
Commerzbank plans to cut 9,600 jobs
http://www.bbc.co.uk/news/business-37505900
Their share price fell below 10 euros this morning for the first time. Their CEO has jawboned it up to 10.15 during the past hour.
Only gone up because it was "jawboned".
https://www.theguardian.com/business...-business-live
Anyone seen any gangs of people looting out on their streets yet?
Christine Lagarde has spoken!Quote:
23m ago
14:03
No state aid for Deutsche Bank - Eurogroup
Jeroen Dijsselbloem, the president of the Eurogroup, has told reporters that Deutsche Bank must survive on its own, without state aid, Reuters is reporting.
Once physical money disappears so will any semblance of the anonymity and privacy it provides. Governments and their banking masters will know exactly how much everyone has and will be able to steal it at will via negative interest rates or simply through bail-ins.
Other than some low-level bartering, every transaction for goods and services will be easily identified. There goes what's known as the black economy: the government will get more in taxes (a polite word for stealing) for them to redistribute to the top 1%, or fraction thereof.
I'm sure he would.. if he was "allowed" :hehe:
https://www.youtube.com/watch?v=Rb2Awn_dYTs
There's no if about it, tax is stealing... legalised stealing.
I can guarantee you, and anyone else who reads this message, that when you turn your toes up the state would have stolen more of your wealth than any mugger, burglar or scam artist ever will.
They are in league with the bankers. Together they conspire to steal through inflation. That hidden tax is the number one reason that just 62 families have the same wealth as the poorest 3.7 billion people in the world today and why 20 US billionaires combined wealth is more than the poorest 50% (163 million) of US citizens.
How many of these are getting state funding?
https://www.statista.com/statistics/...le-in-america/
If you don't agree with tax though what way do you suggest we pay for things collectively?
State funding? All of them (via inflation). Inflation is the means that those at the top steal from the bottom. And inflation doesn't happen by accident; it occurs when there's an excess of money in relation to the demand for goods and services. How to pay for things? QE.
Take inflation out of it and those people would still have much more money than the rest, mainly by their unique quality products in most cases.
However you ignored the point of my post I was most interested in, so I'll ask again.
Quote:
If you don't agree with tax though what way do you suggest we pay for things collectively?
I answered it with QE, quantitative easing. Inflation is a regressive tax. It's why it's so insidious, and why the bankers and their puppet governments will print to infinity to avert deflation.
This vid's only 14 minutes duration. It describes how the con works.
https://www.youtube.com/watch?v=t5ayg3hbhoM&feature=youtu.be
That banking video has 29,000 views after being up for four years. The one below has 56 million views. A stark example of this dumbed-down world.
https://www.youtube.com/watch?v=w_DKWlrA24k
Have you heard of Michael Tellinger and his UBUNTU project? I'm not sure his ideas could work everywhere but I like Michael, he seems like a genuine bloke, his ancient history stuff is interesting too.
http://ubuntuplanet.org/
http://www.michaeltellinger.com/2016...eptember-2016/
Oh yes they can :biggrin:
http://www.bbc.co.uk/news/uk-37555025
Why don't we just go cashless, it would solve a lot of problems!
http://www.bbc.co.uk/news/uk-england...shire-38184599
The war on cash has ramped up big time in the past month with India demonetising its two most widely held banknotes. They did so with no notice.
The bankers can't enact negative interest rates as people would withdraw their cash rather than paying to keep it in a bank.
As has been said already, once cash is eliminated, the state and bankers will be legally enabled to steal depositors' money (electronic digits) at will and cut off access to it.