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Old 01-04-2013, 03:14 AM
Danny B Danny B is online now
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,668
The future of banking

Almost all industries have automated and slimmed down. The productivity-per-person has gone way up.
This is not at all true for banking and GOV.
CITI has 155,000 employees worldwide. All they truly are is an information service.
In "Confessions of an Economic Hitman", John Perkins states that most countries have far too many banks, all controlled by a few families. There is always strife when the families learn that somebody is going to lose their banks.
TalkingStickTV - John Perkins - Confessions of an Economic Hit Man - Part I - YouTube

So far, the banks have been able to rob everybody to keep themselves going. Some people have started to see the writing on the wall.
"Bank of Englandís Chief of Financial Stability: Internet Technology Will Break Up Big Bank Monopoly"

Here are a few links to ideas that will destroy the current business models of banks.
This is peer-to-peer lending that completely bypasses banks;
A Different Kind of High-Yield Investment
This talks about peer-to-peer renting;
A Tale of Two Markets

There are other people talking about banks just going away.

The death of banks – and the future of money |

The big problem is that the parasites are sucking the life out of the economy.
It is estimated that Canada would have 60% less debt if they didn't have a central bank. Everything was fine in Canada until they got suckered into a CB.
America has paid a huge price for the FED.
By the way, our fiat dollar system has so far cost the U.S. economy $80 TRILLION

Our current system is constructed to support huge numbers of people who make no contribution to productivity. Some of the "mechanisms" are actually destructive to the producing economy,,,,, not just parasitic.
Autoimmune Finance: The System Attacks Itself | Finance

All these non-productive people claim that they are doing great works for society. Numbers don't lie when compared to gold.
When Priced in Gold, the US economy is at Depression-Era Levels

Islamic banking is forbidden to charge interest. The 2 biggest centers of Islamic banking WERE Tunis and Cairo. Both centers were destroyed by the George Soros led Arab Spring.
ALL of America's recent wars were against countries that had an independent central bank. ALL of them lost their gold after they were invaded. Libya had to be destroyed because their "Manmade River" project threatened to feed North Africa. That couldn't be allowed. We always have to have a threat to hang over their heads.

The information age is gradually working around the monopoly control of the central banks.
How Piracy Works Against an Unnatural Monopoly
The internet has also "Produced" bitcoin and a few other means to avoid banks. the bankers are pissed off.
The War on Digital Currency
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