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.