Are massive banks the true villains? Video exposes their darkish secrets and techniques

0
73
  • Massive banks have performed a job in main monetary crises, together with the Nice Despair of the Thirties and the 2008 mortgage disaster.
  • Banks like Citibank profited from funding either side in the course of the world wars.
  • BitBoy has criticized Congress' failure to behave in the course of the US foreclosures disaster and connects it to the present homelessness downside.

In his current YouTube movies, he delves into the controversial historical past of main banks like JPMorgan Chase and Goldman Sachs, alleging their involvement in a number of monetary crises and their affect over authorities and society.

The host particulars how these monetary establishments have been concerned in quite a few crises and atrocities, together with corruption, battle, slavery, and political interference. Their ways of management and manipulation contributed to the Nice Despair of the Thirties and the subprime mortgage disaster of 2008. Regardless of their controversial involvement, these banks proceed to thrive and wield nice energy in world monetary markets.

The video additionally discusses banks' position within the US foreclosures disaster, which resulted in roughly 500,000 houses being foreclosed, a determine that intently resembles the present homeless inhabitants, and criticizes Congress for failing to cease these foreclosures, lacking a vital alternative to mitigate the disaster.

See also  EOS rises 11% on inexperienced days

The dialogue goes on to cowl how banks like Citibank have funded either side in main conflicts, together with world wars. The video notes that Union Banking Company, which had ties to George W. Bush's grandfather, Prescott Bush, maintained enterprise ties with enemy nations throughout wartime. These examples present that banks are prepared to revenue from world conflicts, whatever the moral implications.

Going ahead, the hosts announce that future episodes will present a extra in-depth evaluation of the position of governments, cartels, companies and hedge funds, and encourage viewers to conduct their very own analysis on these subjects. Moreover, they’ve introduced that they are going to be shifting their major social media platform to Discord with the intention to proceed participating viewers in these essential discussions.

An exploration of the historic and ongoing affect of main banks gives viewers with a basis for understanding the complicated dynamics that proceed to form the financial and political panorama around the globe. The video will encourage additional exploration and dialogue amongst viewers, encouraging them to transcend standard narratives to know the deeper that means of economic energy on a worldwide scale.

Disclaimer: The data introduced on this article is for informational and academic functions solely. This text doesn’t represent any sort of monetary recommendation or counsel. Coin Version will not be liable for any losses incurred because of using the content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to our firm.