Wednesday, October 14, 2020

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming!

👉Wall Street is The Largest Gambling Casino in The World -- Economic Collapse ,Market Crash Looming! Wall Street is the Largest Gambling Casino in The World -- Economic Collapse Stock Market Crash Looming The market is grotesquely overvalued. The strength on Wall Street is now driven by Just Printing and Buying, No Economy is necessary. The FED goes pedal to the metal with their criminal manipulation of US equities; as the first legalized Ponzi scheme in the world continues the greatest redistribution of wealth in history. This market is going to all-time highs and way beyond. You cannot shoot trillions of dollars into equities and not have it respond. I've never seen a market lying to itself like the current one. Bad news becomes good news on demand. More distrust in the moves is bullish . Ever heard the expression "Bull markets climb a wall of worry". As long as the Fed keeps printing and dumping money into the financial markets, stocks of all types will go up. The instant it stops, there will be a huge collapse. Market cap to GDP is currently sitting at 186.9%, the highest ever recorded. It's up from 152% at the beginning of this year. By comparison, during the March lows, that figure dropped to 132%. Anything over 135% is considered significantly overvalued. And before the recent meteoric rise in this measure, the highest ever recorded was 138.4% during the height of the Dotcom Bubble. What I'm trying to say is, this market is hilariously overpriced. US markets are so grotesquely manipulated and overvalued as to no longer be even recognizable anymore. When the reckoning comes, and it will indeed come, it will be historically catastrophic. America, you have let crooked and corrupt politicians destroy your country! Zero interest rates have destroyed the saver(middle class). Over 5 trillion have been stolen from the middle class to subsidize the stock market via zero interest rates. Add this with the planned shutdown to boost the market share of the Amazon's and Walmart's of the World while at the same time forcing Mom and Pop businesses to shut down. This also stopped the velocity of money, which was already at historic lows allowing the FED to PRINT, PRINT ,PRINT ,with little inflation. This is the mission of the FED coming to fruition to be the buyers and lenders of last resort!!!!!! This is THE NEW AMERICA where the banksters run the world Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. As many of you have asked me where they can buy silver and gold bullion. You will find in the description box the links where I personally buy American Silver Eagle; and Silver Bars or Rounds. I highly recommend that you too start stacking some Silver Bullion for the future. "Government printing presses were running a race with starvation - and failing." (Atlas Shrugged by Ayn Rand). Keep the presses rolling; there will be no more bread on the shelves. The Fed printing money and turning it loose in society can only be compared to drug lords making meth and handing it out society-wide. Soon, everyone is hooked. The Fed creates currency, i.e., bondage, and nature creates money, i.e., gold. And worldwide countries are printing like a drunken sailor and buying gold. Central Banks are buying gold at a torrid pace because they know their scam is up. So they buy it now while it's cheap with counterfeit currency; when all currencies collapse, the value of that gold will skyrocket. All money is created by being borrowed into existence (owing interest). If everyone tried to pay all the debt, the money would run out before the debt was fully paid. This is a real-life algorithm, and it will inevitably lead to the lenders owning the whole planet. Fed criminals will change from paper counterfeit currency to digital counterfeit currency and want to make the transition seamless for the chattel. The US Dollar is going to collapse, and The Fed criminals know it because they've engineered it, and we'll have hyperinflation globally. You'll fare better if you have silver and gold since both are money and will appreciate exponentially at the time of the collapse. In our current age, money is just an electronic blip. It can move from one account to millions of accounts in a fraction of a second. The only thing that separates the wealthy from everyone else is the government. As the politicians and their cronies destroy the very systems that were built primarily to protect the wealthy, it also exposes them to the very real risk of losing all of their wealth. This could happen almost instantly. The government is currently overflowing with its own corruption. The government, now severely understaffed and filled with even more incompetent and corrupt people. In theory, if the Central Banks buy up all the stock in the critical companies - housing, farms, and eventually utilities, roads, and energy companies through government-sponsored entities like Fannie, Freddie, etc. then they become outright owners. When they own everything, then currency no longer matters. In the past, money implied the ability to have fractional ownership in the stock market. But as these giant entities like Blackrock act as go-betweens for the Central Banks to own everything, then the currency is mooted. If you own everything outright, then you can make up whatever currency you want- and that will be a digital currency that will be tightly controlled by the new owners. 97% of what people refer to as "the money supply" is nothing more than theory induced figments of the imagination, which only exists as bank managed, electronically manipulated accounting entries (a.k.a. bank deposit liabilities) that people use as a line of bank credit. And that line of bank credit is totally dependent upon the bank's ability to maintain accounting solvency, which, in turn, is dependent upon maintaining the asset values primarily created and controlled by the world's largest gambling operation, that is Wall Street. When this bank debit/credit system fails, it won't be in a hyper-inflationary flair, but in a hyper-deflationary implosion where bank debt-based credit goes "!POOF!" out of existence, and all anyone will be left with are the debts. This will also mean that all of the commerce comes to a screeching halt; nothing moves anywhere. Do you know your chain of supply? Something to ponder. Those who control and run IMF, WB, EIB. They have destroyed the world economies over and over again to meet their short terms/short-sighted goals. America and its constitution is the only hope for a free world, but it’s European American political leaders are too weak-minded, realizing the great God-given power which they wield! They have allowed the uncapped, unregulated Capitalism to get the best of their soul! It’s such a shame. Powell has lamented many times that the FED does not have spending power. It can only lend. That balance sheet was created using reserves. It sounds like money. There is a store of value and a unit of measure, but they are not legal tender. Reserves just sit at the central bank. QE is nothing more than an asset swap. The FED explains. But what about the credit facilities. You know, the Special Purpose Vehicles (SPV) Powell and Mnuchin came up with to buy all that debt? Ah, yeah, those are loans. It's all debt. The FED can't print money (yet). That's all money, some in the form of reserves, some in the form of debt. The FED, through QE, creates reserves on behalf of the banks in exchange for debt. Member banks use their own liquidity to buy debt. That debt is then sold to the FED, but instead of giving the money to the banks, they place it in reserves on behalf of the bank. Those reserves are NOT legal tender. They cannot be spent! Even when corporate bonds wind up on the FED's balance sheet, they still have to be serviced! It's not like the FED forgives the debt. Reserves are created out of thin air. Money is lent into existence and destroyed when paid back. That’s how a debt-based system works. The FED does not have the power to spend directly into the economy. FED Chair Powell mentioned this the other day. The FED can only create reserves to lend against. If there is no lending, in excess of repayment, there is no money being created. Money is destroyed when loans are repaid. In a debt-based economy, the debt must expand beyond repayment for growth to occur. When we borrow, money is created in the economy; when the government borrows, they do so from existing dollars, thereby shrinking the amount of liquidity in the system. It’s an exponential debt game. The reason QE worked before is that everyone believes it's inflationary. That causes people to spend and borrow. Powell even said the other day, "Forward Guidance is our most powerful tool." i.e., "Getting you to believe something is our most powerful tool." QE is not going to work this time. What will? Making those bank reserves legal tender! In order for the FED to actually create money and spend, the laws will have to change. For congress to change those laws, they will need a historic monetary crisis. The FED needs a massive deflationary event so congress can sell this (reserves becoming legal tender) to the public. The real crash is coming. We are so broke the amount of spending needed is astronomic. We are headed into a complete economic collapse brought on by the Central Bankers of this world. They created money out of thin air and took tangible assets as surety, and gambled with the rest. Our currency is backed by speculation because the basis for the value of the currency lies not in the country’s economy or gold or silver but by rates set by a few persons working with a select cartel. America printed over $150 Trillion of totally unbacked currency. But that is now over. We have a bubble economy, bubble markets, and a massive bubble currency. The treasury bonds are absolutely worthless now and are being rejected, the inflation is about to shoot through the roof, and the Fed is going to have to put interest rates to above 20% when the bubbles all pop. 2021 the USA will be a third world economy, and the military will no longer be affordable. How about the Fed even buying Junk Bonds! That, of course, is illegal, so they paid Blackrock millions to do it for them. No coincidence that Powell just happens to have a stake of over $11 million of his own personal, unearned wealth in guess who, Blackrock. Blackrock has so many ex-Fed maggots on its board that it seems to be turning into the damn Fed. The entire banking and big Corporation system of the West is now as riddled with corruption as an old sideboard full of woodworm. It is beyond treatment. The people of the West are that sideboard being turned into dust by the worms of big banking and big Corporations who bought the politics they wanted in order to escape any restraints on their conduct. Central Banks have simply aided their looting of entire economies. The central banking cartel wants every possible country overextended. The problem, reaction, solution. One in which they can collect in hard assets and generational debt, aka slavery. The collapse of the current fiat system also opens the door for their “great reset,” biometrically controlled commerce, etc.. Total control of the chattel is what the powers that shouldn't want, and they'll get it. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

Sunday, October 11, 2020

👉A Tsunami of Food Shortages and An Explosion of Poverty Coming to America !!

👉A Tsunami of Food Shortages and An Explosion of Poverty Coming to America !! A Tsunami of Food Shortages and An Explosion of Poverty Coming to America “Who controls the food supply controls the people; who control the energy can control whole continents; who controls money can control the world.” — Henry Kissinger. It is being projected that there could be an “eight billion meal shortage” at America’s food banks over the next 12 months. In 2020, we are witnessing an explosion of hunger in the United States that is unlike anything that we have seen since the Great Depression of the 1930s. Tens of millions of Americans have lost their jobs since the start of this pandemic, and money is running low for a whole lot of people. In fact, there is a survey that found that one out of every five Americans will be out of cash by Election Day. More Americans are slipping into poverty with each passing month, and this has created an unprecedented surge of demand at food banks across the nation. Meanwhile, our growing economic problems are also causing donations to dry up, and so many food banks are facing a major crunch as we head into 2021. In fact, Feeding America is warning that their network of food banks is potentially facing an “eight billion meal shortage” over the next 12 months… Now add further complications. The price of meat is getting beyond the reach of many. Canned meat is predicted to be the next major shortage. Why? Much of it comes from Brazil. The pandemic has just about shut them down. A severe winter could easily push us over the edge. Even the world Bank warns of ‘extreme poverty’ in 2021. After 20 years of people rising out of poverty, the World Bank now says 150 million people could fall into what they classify as “extreme poverty” by the end of 2021 because of the pandemic and the associated recessions Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. Many of you have asked me where they can buy silver and gold bullion. You will find in the description box ,links where you can buy American Silver Eagle ; Or Silver Bars or Rounds. I highly recommend that you start stacking some Silver Bullion for the future. Feeding America, the nation’s largest food-relief organization, is warning of a six billion to eight billion meal shortage over the next 12 months, which could leave millions of Americans hungry amid the pandemic. The dire shortage comes as tens of millions of Americans have turned to local food banks for help amid the pandemic-triggered surge in unemployment and food insecurity. To me, that is a number that is almost unimaginable. How in the world are we going to make up an 8,000,000,000 meal shortfall? And of course that number assumes that things won’t get dramatically worse in our society next year. If they do, the true number could end up being far greater. This should greatly alarm all of us, because food banks are the last resort for millions upon millions of desperate Americans. One of those desperate Americans is a 32-year-old mother in North Carolina named Christian Sullins… “Quite literally, we had nothing, nothing in our account. Five mouths to feed and no income. It was just a really bad time,” Sullins says, adding that it was her, her husband, their two children and her elderly grandmother all living together at the time. Sullins turned to Loaves & Fishes, a local food pantry network, which is currently operating temporary mobile pantries in the Charlotte, North Carolina area. “At that point, my kids were hungry, and I was just like, Listen, I just had a baby. I’ve been out of work for three weeks. I have no income. My kids are starving — I need food. I have to do something,” she recalls telling an employee with NC Works, North Carolina’s central system providing employment help and career tools. Can you imagine being in a position where your kids literally have no food? We should be thankful that our national network of food banks has been able to help so many people throughout this year, but moving forward the system just isn’t going to be able to handle the crushing demand that is expected. In 2019, approximately 35 million Americans were dealing with food insecurity, but thanks to this pandemic Feeding America expects that number to rise to 54 million… The worse is coming. Local grocery stores, already coming up short due to lack of stock. It is going to hurt a lot of the locals. Some are elderly, with no car. Earlier this year the organization estimated as many as 54 million people in the US could experience food insecurity due to the pandemic. That’s a major jump from the 35.2 million people who faced hunger last year. Isn’t that crazy? We are the wealthiest nation on the entire planet, and yet more than 50 million Americans could soon not have enough to eat on a consistent basis. During this year I have made numerous videos about the massive lines that we regularly see at food banks all over the country. In some cases, the lines of vehicles have been measured in miles. Never before have we seen so much demand, and food bank workers are absolutely astounded by what they have been witnessing. Here is just one example… Greater Boston Food Bank president Catherine D’Amato says things are getting dire. ‘It used to be one million pounds out the door a week, now it’s two to 2.5 million pounds a week. We’re doing more in a month that we did in a year 20 years ago. Food insecurity has gone from one in 13 people to one in eight in Eastern Massachusetts, even higher for families with children,’ D’Amato said to the Washington Post. Prior to 2020, food banks could meet most of the demand from donations that they received. But now supermarkets and retailers are having their own problems and have dramatically cut back on donations. As a result, food banks are having to spend a tremendous amount of their own money to buy food… Food banks are buying a majority of the food now, whereas in the past they primarily relied on donations for the bulk of their supply. In fact, the average food bank in North Carolina spent about $80,000 a month on food last year, Darrow says. Now they’re spending an average of $1 million a month to purchase food. Could you imagine spending a million dollars a month to buy food? Things are crazy out there, and they are only going to get crazier. Ther are also growing food shortages that we are witnessing all over the globe right now. The top official at the UN World Food Program is warning that we could soon be facing “famines of biblical proportions”, and in some nations food riots have already begun. The good news is that the United States is in better shape than almost everyone else, but the bad news is that the number of hungry people is exploding here too. If there really is an eight billion meal shortfall at our food banks over the next 12 months, what are Americans that are desperately hungry going to do? Is the federal government going to step in to make up the difference? Of course the federal government already runs the food stamp program, and tens of millions of Americans are already enrolled in that. We like to think that we have the strongest and most prosperous economy on the entire planet, but the truth is that we have tens of millions of Americans that cannot take care of themselves, and that number is growing rapidly with each passing day. And as our economy continues to crumble, the hunger crisis in this nation is only going to escalate. We are moving into deeply troubled times, and I don’t think that our society is equipped to handle what is about to happen at all. Famine has been one of the curses upon humanity for a very long time. I think it is one of the things we have imported from foreign nations such as China. It usually follows warfare. We as a people have literally millions of regulations in our government agencies. This is a country founded on the principle of as little government as possibly to keep interference with people's lives at a minimum. It is currently unworkable. Neither the EPA or the IRS is going to be able to handle the current crisis. Will they put those heavy numbers of unemployed in jail come April of next year? Logistically we do not have that many jails built to handle that many people and feeding them may become a major problem if they survive close quarters with the current virus. You ask for a solution? When the country is run by billionaires there may not be a solution. It is no long term solution. But America needs to get back to those gardens if and when the grocery industry actually fails to provide. We need the knowledge to feed ourselves and gardens are a large part of it. We need to get back to storing foods in preserves in mason jars. These are old fashioned concepts. Ignorance is the real enemy here. It can be done in even the poorest neighborhoods. We need to cut back on the incredible expense of our bureaus. We cannot as a people afford them. In the near future we need to create jobs instead of a welfare check. Not everyone can do this. Welfare is a way of life for some people and that has to change for those that can and are willing to work. We will always have the disabled and these people have no choice but to be on one form of welfare or another. There is a form of slavery in this country and it is addictive drugs. You think you are not addicted? How many people reach for a tobacco product even with the knowledge that it will eventually mean cancer? And that is just a legal addiction like alcohol is a legal addiction controlled by state governments. Whether or not a socialist system of government under Democrats wins this time or whether we continue with a Republican, neither has come up with solutions that will work. Of course a system based on making money for the rich will not feed a growing population of poor people. You want something that works? It will require an investment in our youth. It will require changes that enable anyone willing to work to be able to prosper. It will mean changing our college system so it does not bankrupt anyone to get an education and qualify for skilled jobs in industry. It is going to require changing the addiction of our people to cheap retail goods from China. We have the technology right now to change the work week from 40 hours and then overtime to a situation where more people can be employed by simply going to a four day work week. And that is an 8 to 6 hour day. We need to change the qualifications for working so a college education is not necessary for the average person to gain skills and work. Some jobs require a 4 year college degree. Most do not. We also need to change education so people can challenge out of courses because they all ready have the knowledge. That means free college credit in those cases. WE need to put practical education first. That means teaching people to fix things. And knowlng when to draw line and get the skilled professional help when a job becomes too complicated for an average person to do. I want the auto industry completely overhauled so a car is fixable by an average backyard mechanic. Not a qualified technician at $90-$100 an hour. I do not want things like an alternator, starter, or any other thing likely to kill a car to be inaccessible under the hood. I want a complete investigation of the appliance industry that now produces refrigerators that die in 4 years. I want the monopoly in that industry broken up. These are the reforms the middle class requires to continue to exist. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have donated. Stay safe and healthy friends!

Monday, September 28, 2020

👉Deutsche Bank, HSBC & JPMorgan Money Laundering Scandal Could trigger The Greatest Financial Crisis

👉Deutsche Bank, HSBC & JPMorgan Money Laundering Scandal Could trigger The Greatest Financial Crisis Deutsche Bank, along with several of the world’s biggest commercial banks, is embroiled in a global money-laundering scandal that spans over two decades, as documents leaked to BuzzFeed show the movement of $2 Trillion in illicit cash through the Western banking establishment. Is it a coincidence that Deutsche Bank has about 1/2 of the suspicious activity. As the old saying goes; Where there is smoke, there is Deutschebank. Deutsche shares should not be traded; they are worthless; it's a house of cards. The report led by BuzzFeed News and including other media outlets around the world, was on the basis of what are called suspicious activity reports filed by the banks to the US Treasury that had been gathered for Congressional investigators to look at President Donald Trump’s 2016 campaign. The banks, by law, aren’t allowed to comment on the SARs they file. Five global banks — JPMorgan, HSBC, Standard Chartered Bank, Deutsche Bank, and Bank of New York Mellon processed trillions of dollars of transactions despite concerns over potential crimes, reports say. These banks processed trillions of dollars of transactions identified as suspicious, according to the International Consortium for Investigative Journalists review. No wonder; most insiders know that HSBC is the king of money laundering. The disclosure raises questions about the effectiveness of government efforts to stamp out money laundering. Some of the world’s biggest banks, including HSBC, JPMorgan and Standard Chartered moved trillions of dollars identified as being potentially tied to money laundering or other crimes despite raising concerns about those transactions in filings with US regulators, according to media reports on Sunday. These bank stocks, including Deutsche Bank’s shares, fell sharply on Monday, after the release by BuzzFeed and the International Consortium of Investigative Journalists of thousands of documents seemingly showing that some $2,000 billion worth of illicit funds were moved and laundered through the U.S. financial system over two decades. After money-laundering allegations, HSBC closed at its lowest level since Oct. 5, 1998. Look for another wrist slap for banks. At their magnitude, fines are just part of the cost of doing business. Broke governments much prefer fines as opposed to jury trials where the banks can afford top-notch legal talent, and the defendants just walk away. Bankers are held above the law. Private Central banks and their member Bankers make the laws. HSBC, the largest bank in Europe, had agreed to a $1.9 billion settlement for years of money-laundering offenses. Don't kid yourselves; these penalties are just disguised payoffs to their Organized Crime Lords, aka US Federal Government. The banksters always win. They make tens of billions of dollars and pay a few billion in fines. Good business model! As long as HSBC can get away with a $1.9 billion slap on the wrist and without the guys from Deutsche Bank and J.P. Morgan/Goldman being sent to jail for their crimes.This only gets more foul with each passing day, week, month, and year! Like any lawless mobsters, the regulators, they don't jail or even stop illegal reprehensible crime. They simply shakedown for a piece of the cut and a future position. CORRUPTION IS THE SYSTEM. The Deutsche Bank is run by criminals, but they've learned from their weaknesses as their big lies fail to cover their criminality. It will never stop until all those involved are brought to trial and sentenced to long terms at hoosegow and barred from ever engaging in any enterprise involving money. Banks are like kids. If they don't get punished, they never learn. Welcome back to The Atlantis Report. You are here for your daily dose of the truth, the whole truth, and nothing but the truth. Please take a second to click the like button. And as You know friends, I rely on your donations to keep this channel functional; as you know, it takes a crazy amount of research and time to bring you this content on a daily basis, so I hope you consider helping with whatever donation you can afford. Thank You. Not surprising. HSBC started life via China's opium trade. The International is a good film about this kind of bank corruption. And the UK Chancellor at that time, George Osborne, personally intervened on behalf of HSBC, writing to the SEC and begging them not to prosecute. Osborne has gone on to be handed millions in bankster and big Corporate loot. This when he was born into great wealth, so he hardly needs more. Osborne now has a nice juicy backhander from Blackrock, as a nonactive board member. All high-level politicians in the West are owned by banking and big Corporation. Blair has been paid millions per year by JP Morgan since he left office. His official title is working as a JP Morgan Ambassador. In reality, he is guarding that lump of Usury manure from ever facing justice. It's hard being a bank these days. After all, the oligarchs, criminals, and terrorists have all the money. What are they to do? Lend money to the unwashed masses? And it's not just Deutsche Bank, it is ALL major banks, and this has been going on for decades. A large part of the entire banking system is dependent on illicit money to keep it going. The difference between illegal money and legal money has never really been accepted as real by the banks. I am sure that top government officials in major countries were fully aware of what was going on but did not want to stir the pot, since everyone got some benefits, including some government operations. This could not have been going on for so long without international governments' protection. And it will keep going on, soon everyone will forget about this story. Deutsche Bank has been under investigation for a long time. HSBC previously paid 600 million fine for money laundering. Most of the US banks paid billions in fines for the corruption that led to the Great Recession. However, the CEO's avoided jail time because they said they didn't understand how credit default swaps worked. Yet here we are today, and they still issue credit default swaps. I hope a reporter asks a CEO how the credit default swaps work. As the well-oiled revolving door between international corporations, government oversight (regulatory entities), and lobbyists spins as a perpetual motion machine; big banking will continue their criminal activity - money laundering - with impunity. With interest rates at zero, how else can banks make money? But now it's not just blind-eye oversight and impotent regulation. It's the president of the United States - nobody will lend him money except the Deutsch Bank wash-rinse-repeat machine - who is our vigilant fox guarding the henhouse. HSBC has already made money-laundering legal in the US through their lobbying efforts, so they won't get in trouble in the US now. They should make it legal in Europe now too. That's the problem when you open the money spigots full blast as all central banks are doing. You create a LOT of malinvestment and money searching for profits regardless of whether it is legal or not. In this type of economy, only one type of people flourish. The rich and the criminals. The rest of us bear the brunt of this foolish monetary policy. Savers are punished, and debtors are rewarded. More of this goes on because more of it is allowed to continue. You would think that these crooks would be happy with their billions, but it seems enough is never enough. The worst sort of human filth is rising to the top because too many good people are allowing it to happen. Maybe it is inevitable? I don't know, but if we don't do something soon, this will reach a point where no law is the law. Say it after me. It is NOT ok to engage in criminal activity. Money laundering through banks has been an open secret for years. If you bother to look, essentially, all major banks have branches in the Cayman Islands, Antigua, Bahamas, Jersey, and most other tax heavens, where any other businesses are essentially non-existent. What are the world's largest banks doing in these remote places, where there is nothing else other than beaches and luxury yachts? This recent outrage at money laundering is laughable.These banks had branches in all these tax havens for decades. And I have a feeling that these branches were not catering to the relatively poor citizens of these countries. I am pretty sure that the US government, the Chinese government, and all other major governments were fully aware of what has been going on, but these banks also catered to these governments more or less hidden operations, which is why everybody closed their eyes. After this journalistic expose, probably many governments will feel that they have to take some action to appease the public, but these actions will be some largely symbolic fines, after which business will go on as usual. Money laundering occurs 24/7 every year. The two favorites places for criminals to launder money are Real estate and casinos. What do you think places like the Cayman Islands are doing, now that tourism is down to zero? You can buy a condo in Grand Cayman paying cash, and nobody will ask you where the money is coming from. Then sell the condo two months later, open a legitimate bank account in Grand Cayman, and tell the bank that the money comes from the sale of the condo. And every condo can be 10 or 20 million. Laundered money is also a cornerstone of overpriced stocks. The only reason the many illegal activities (human trafficking, drug trade, white-collar corruption, etc.) can continue on a massive scale is because high-level government and intelligence officials are getting a cut of the profits. Much of this corruption is done in public, but no serious investigation by the FBI or DOJ, whose actual duty is to protect those in control. Obviously, the money changes are in on it and are making billions. Does anyone think that the clever activities of criminals organizations created by the likes of Meyer Lansky have stopped after his death. They are now run by parasites with Harvard MBA's and law degrees. The reason the drug trade is thriving in the US is because the financial parasites are actively laundering the money, and politicians and intelligence agencies are taking a cut. Most Americans see it around the world but believe our leaders are outside the corruption. It couldn’t continue without their support. Funny thing the 2008 financial crisis happened right after Wells Fargo had to shut down their aviation powered money laundering service to the cartels, so said cartels pulled billions out. Pretty sad when the world economy is so fragile that regulators (let's euphemistically call them law enforcement) cannot risk taking formidable action against the banks and it's executives, for fear the banking system will collapse. If, in fact, this system is as delicate as an eggshell, these actions are only kicking the can down the road while the obligations of the banks grow larger. If the system is rotten and full of deadwood, a paint job will not repair it. Only a disassembly and reassembly of banking will fix this mess, coupled with very strong oversight. Allowing corruption to go unpunished is exactly the same as approving it. And it will continue, as there is no disincentive to stop. It sure would be exceptional if we could conduct ourselves in an honorable and civil way, and realize that maximizing profits is just another way to say that values are less important than money. Sad, really. As usual, the laws of the land don't apply to banks. But Lord forbid a normal guy does a bit under-reported taxes for a few bucks. They would go to prison as if they committed all sorts of nasty crimes . But if a bankster lied, cheated, and stole billions of dollars. No time. Bankers commit crimes and fraud in the billions. Nothing happens. Some guy tries to pass a counterfeit $ 20 bill and gets killed by the police. The world is sick with corruption. This was The Atlantis Report. Please Like. Share. Leave me a comment. Subscribe. And please take some time to subscribe to my back up channels; I do upload videos there too. You'll find the links in the description box. You will also find a PayPal link if you want to make a donation. Thank you wholeheartedly to all those of you who have already donated. Stay safe and healthy friends!
DAILY NEWS ON BOOZE