by Dave Hodges, The Common Sense Show:
I have no doubt that when I look at banking actions over the past three years, they are clearly posturing to take every financial asset you own, but not everyone agrees as evidenced by this email.
Hodges just shut up!!!! You are an _____. The economy is just fine. If it was as bad as you say we would already be eating out of garbage cans. Shut your piehold and get a real job you ____ _____!
Is this emailer correct, or are the recent actions of the banks and the courts telling us something. It is my contention that we are not just going to have a series of false flag event in America. We are going to get his with everything the globalists have to throw at us because America must be taken down in order to usher in the New World World Order.
The 800 lb Gorilla In the Room
In the past, I have written about the credit swap derivatives exposure and the topic got very little traction. So long as people are driving to work and have some food on the table, and there is no looming crisis, most Americans will have a case of tunnel vision due to the fact that most of only live for Friday and cannot see into the future. Many of us in the independent media and even knowledgeable and respected economists such as John Williams and Joseph Meyer are all saying that we are on the verge of a complete economic collapse. And it will almost assuredly begin with a collapse of the banks. How do I know, read on, the banks, themselves, have already told you as much.
AS A NATION, WE OWE $2.5 QUADRILLION IN CREDIT SWAP DERIVATIVES DEBT WHEN THE ENTIRE GNP OF THE PLANET IS $70 TRILLION
Do you remember when Wells Fargo fired 5,300 employees for opening millions of fake accounts? As John Cruz, former Senior V.P. of HSBC Bank would point out, that in all of these cases there is money laundering from drug trafficking and illegal gun-running.
I have interviewed John Cruz on three occasions, former whistle blower from HSBC Bank where he was a Senior VP. Cruz pointed out the following:
The 2017 Economic Crisis Is Worse Than 2008
The very same banks that created the last economic crisis have now created a 278 TRILLION dollar derivatives nuclear time bomb that could tear down the American economy in single and unannounced moment.
Much of this article deals with the blatant corruption of Wells Fargo, however, they are just the tip of the icebeg.
Interestingly and tragically, Wells Fargo appears to be a sound manager of its debt compared to the other banks.
From the John Cruz interview as well as the Economic Collapse Blog:
Total Assets: $2,573,126,000,000 (about 2.6 trillion dollars)
Total Exposure To Derivatives: $63,600,246,000,000 (more than 63 trillion dollars)
Total Assets: $1,842,530,000,000 (more than 1.8 trillion dollars)
Total Exposure To Derivatives: $59,951,603,000,000 (more than 59 trillion dollars)
Total Assets: $856,301,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $57,312,558,000,000 (more than 57 trillion dollars)
Bank Of America
Total Assets: $2,106,796,000,000 (a little bit more than 2.1 trillion dollars)
Total Exposure To Derivatives: $54,224,084,000,000 (more than 54 trillion dollars)
Total Assets: $801,382,000,000 (less than a trillion dollars)
Total Exposure To Derivatives: $38,546,879,000,000 (more than 38 trillion dollars)
Total Assets: $1,687,155,000,000 (about 1.7 trillion dollars)
Total Exposure To Derivatives: $5,302,422,000,000 (more than 5 trillion dollars)
Compared to the rest of them, Wells Fargo looks extremely prudent and rational.”
Fifteen months ago, America did not want to listen. Can you hear me now?
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