8/11/2020

American banks are risky and untrustworthy. Never trust your money with USA banks.

 The United States has a national debt of more than thirty trillion dollars. America is totally bankrupt and is unable to repay this humongous debt. Each passing day sees the debt increasing by the billions. American political leaders are using diabolical measures to try to avoid paying this debt. They are using sanctions indiscriminately on practiically every other country in the world to collect billions of dollars in  illegal fines or robbery. They can do this because of their control of the international monetary system, the PetroDollar and SWIFT the center for international financial transactions all of which are backed by the US military might of over 1,000 military bases all over the world. The Evil Empire is creating turmoils and wars everywhere to benefit the American Pentagon military industrial complex which can then earn hundreds of billions of dollars in profits by selling military hardware and weapons to the warring parties. 

Further the United States is printing trillions of dollars in fiat currency or fiduciary issues which are neither backed by gold nor any resources. In short it is creating money out of thin air and the American dollars are actually less worthy than toilet tissues. However the US has for years been cheating and swindling the whole world by foisting the toilet paper dollar on other countries to buy their actual tangible valuable assets.

At any moment the American dollar and economy will definitely collapse under the heavy load of its monstrous debt. When this happens it will be disastrous for the whole world. Therefore do not put or deposit your money in American banks notably Citi Bank, Bank of America, Chase Manhattan or Wells Fargo or western banks like Hong Kong & Shanghai Bank and Standard Chartered Bank 

In the late 1980s and early 1990s when Russia was opening up it allowed American banks to open branches in most Rsssian towns and cities. As the American banks offered slightly higher interest rates all the Russians rushed to open bank accounts with the American banks. They then withdrew all their money from the Russian banks to deposit in the American banks notably Citi Bank. This resulted in the Russian government shortage of funs and created financial havoc in the Russian economy. Citi Bank then proceeded to transfer all the Russian savings to America holding it hostage to Russian debt owed to American companies.

In another case it involved the Greek banks in the mid 1990s when the United States forced Greece to adopt tight financial austerity measures to suit the American control and dictates. As a result of US imposed stringent conditions the Greek government was forced by US dictates to freeze all bank accounts so that all depositors were unable to withdraw their money from the banks or the banks ATMs. The ordinary Greek citizens were held to ransom by atrocious American bankers and government. The Greeks citizens were made to suffer terribly because of American toxic manipulation of Greece finance and economy. Fortunately China's help to Greece in finance and the economy help to alleviate the suffering of the Greeks tremendously.

Therefore Singaporeans and citizens of the world it pays to pay heed to the warning never to deposit money or savings in American or western banks. Always put or save your hard earn money in your own country domicile banks. Never trust the American rogue banksters and robbber barons.

Southernglory1

Tuesday, 11th August, 2020.








12 comments:

Anonymous said...

U put yr money in USA banks. Kena screwed.

U put yr trust and vote in PAP elites. Kena screwed.

Wat's the difference ??

Virgo 49 said...

Mr Southernglory1

Actually, do not understand?

If the USA can print their MONIES without surties or collaterals why is there still a 30 trillions debts as owed to the Rest of the World.

If they can print their currency without any one raising a whimper, they can always print another thirty trillions and pay off all their debts?

Like AhLongs Sans printing own bananas monies and lending to one and sundry.

Why is that they still in debts of 30 trillion dollars?

SSO said...

Debts create Wealth. Not money. Think.

SSO said...

There are many videos at YouTube that talk about using debts to create wealth. Robert Kiyosaki is one of the. Google and find out.

Listen to his talks, and many others at YouTube.

You will come to understand why some people or organisations or governments deliberately owe others money.

It's better to have a huge debt instead of a huge savings or National Reserves.

Collectively, Singaporeans have huge savings in their CPF accounts. But most Singaporeans are cash poor.

Temasek and GIC are so rich, even dare to call themselves sovereign wealth funds. Why? They borrowed money from the CPF Board, MAS and MOF. They have no money, not a single cent, of their own. All their "funds" are borrowed money from the three main sources, at super low interest rates forced into you! That's how Temasek and GIC are so rich. Each of their net-worth is at least $300 billion conservatively. I would dare say that their combined net-worth is around $1 Trillion.

Anonymous said...


Hi

Best to put all your money in the container under your bed!

Hahaha......

Anonymous said...

China should ban Pompeo and Azar from Greater China. Better issue an arrest warrant on them for inciting violence in China.

Anonymous said...

12.46pm anon, don't anyhow give bad advice and some oldies may act on it then kena robbed at home. Not say I wNted to say you. If u got nothing better to do or say just shut your mouth unless u wanted people to put their rod in

Anonymous said...

Hi 100pm

Ya ya ya.... you are very clever lah...... anyway don't be angry....all the best to you... hahahahaha......

Anonymous said...

Still wanted to talk nonsense. U wanted to be sodomized jialat jialat is it?

Anonymous said...

someone asked why usa cannot print money to settle international debts. I think, but i am not sure, the answer is as follows.
Printing money works inside america only. The so called trilliions of "stimulus" payouts are backed by printing without any basis. For example, every family get $1,000 a week... no problem, Trump order the printers to print the cash and send to the local banks. This physical cash works internally, everyone is willing to be cheated.
But international debtors are more cautious usa cannot get away with printing money and paying the debt. There are probably more audit procedures in international settlements.

Anonymous said...

If you do business globally, you have no choice. The arrangement for international trade settlement has already enslaved the global economy and tied everything to the US$, with the big US banks overseeing the movement of funds all over the world. How else do they sanction countries and individuals? Without the availability of US$, nothing can move.

The movement to marginalise the US$ hegemony by China and Russia may take ages to be effective. Those countries beholden to the US will not join in, fearing punishment. That is the biggest problem.

The only hope now is for the COVID19 to severely cripple the US economy, and with it the US$ and making the funding of the US Military Establishment a heavy drain on the country, making it fail like the former Soviet Union, when it tried competing with the US in military spending without the financial muscle.

All this may not be within our lifetime to see anyway!

Anonymous said...

Nowadays Singaporeans have much wealth to show, but most of it are afforded by debts owed to banks, CPF, finance houses etc. Yes, debts create the impression of wealth. And debts are a drain on future earnings, used to fund present spending.

There is the notion that most of all the money printing by the USA ultimately ends up outside the USA than in the USA, as otherwise if all the money printing are for home consumption, that would have lead to massive inflation in the USA, which would lead to massive loss of buying power.

Even now, the cost of living in the USA is creating a rise in poverty instead of elevating it, in spite of all the money printing.