Bankers blame Technology for Inequality and the coming Collapse

And the sheeple will probably believe it.

Bankers blame Technology for Inequality and the coming Collapse:

Central banks warn of risk of slowing globalisation and attack Nationalism and bilateral negotiations.

Populism questions the benefits of globalization. However, the coordinator of the central banks, the Bank of International Settlements (BIS), makes in its annual report a fiery defense of globalization:

“We run the risk of forgetting the lessons of the past, taking for granted the progress achieved during the last century in living standards,” says its president, Jaime Caruana.

Moreover, the document points to technology as the main responsible for the increase in inequality.

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Federal Reserve Sets the Stage for Global Economic Disaster (Video)

Federal Reserve Sets the Stage for Global Economic Disaster (Video):

Easy money, the cure to the ‘Great Recession”, is now clogging the system and preventing a lot of small business owners and entrepreneurs from finding success. The size and scope of these assets bubbles haven’t been seen since the Great Depression and now the Fed will start tightening the money supply…This ain’t gonna end well, folks.

Watch on YouTube

Source: The Federal Reserve Is Setting America up for Economic Disaster

H/t reader squodgy:

“Years ago I recall, I read an article regarding the coming collapse, in which the writer explained it will be a steady, protracted roll down the hill, during which Governments will increase their control of population through fear.

Hmmm.”

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Former BIS Chief Economist Warns “More Dangers Now Than In 2007”

Former BIS Chief Economist Warns “More Dangers Now Than In 2007”:

Having warned in the past that “the system is dangerously unacnhored,” former chief economist of the Bank for International Settlements, William White, told Bloomberg TV overnight that the current situation “looks very similar to 2008,” adding that OECD sees “more dangers” today than in 2007.

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Bank of America Stumbles On A $51 Trillion Problem

Bank of America Stumbles On A $51 Trillion Problem:

“More than $51trillion at risk if rates vol spikes and yields move higher… we have seen the global fixed income market growing to the largest size it has ever been.”

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Crackdown Begins: Chinese Banks Are Suspending North Korean Transactions

Crackdown Begins: Chinese Banks Are Suspending North Korean Transactions:

Japan’s Kyodo reports that Chinese state banks have started suspending transactions through accounts held by North Koreans, making it nearly impossible to do business between the two countries.  At least three major state banks – Bank of China, China Construction Bank and Agricultural Bank of China – have banned North Koreans from opening accounts.

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Israel’s Biggest Bank Partners Microsoft to Offer Bank Guarantees on a Blockchain

Israel’s Biggest Bank Partners Microsoft to Offer Bank Guarantees on a Blockchain:

Microsoft is partnering with Israel’s Bank Hapoalim on a blockchain-based platform to support digital bank guarantees for customers, according to The Times of Israel.

Bank Hapoalim becomes the first Israeli bank to deploy blockchain technology in financial contracts, the lender noted in a statement. The project will simplify and hasten the process of signing up guarantors. Bank customers in need of a bank guarantee typically have to go to a branch, transfer the guarantee to the beneficiary, then return it to the bank in the event the guarantee is not used.

H/t reader kevin a

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“We’re Now Seeing Bubbles Everywhere” – Deutsche Bank Boss Urges End To “Era Of Cheap Money”

“We’re Now Seeing Bubbles Everywhere” – Deutsche Bank Boss Urges End To “Era Of Cheap Money”:

The head of Germany’s largest commercial bank warned of the fallout from cheap money, cautioning against using the strong euro as a justification for printing more.

Bloomberg reports that the Deutsche Bank Chief Executive Officer John Cryan called for an end to the era of cheap money in Europe, saying that the prolonged period of rock-bottom interest rates is starting to inflate asset bubbles and putting the bank at a disadvantage to U.S. rivals.

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German Central Bank Completes Repatriation Of $28 Billion In Gold Three Years Ahead Of Schedule

All the repatriated gold is probably destined to be stolen during WW3.

German Central Bank Completes Repatriation Of $28 Billion In Gold Three Years Ahead Of Schedule:

This closes out the entire gold storage plan – around three years ahead of the time we were aiming for,” reported Carl-Ludwig Thiele, Member of the Bundesbank’s Executive Board.

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Banksters face fraud charges

Bankers face fraud charges:

Barclays bank, along with several high profile bankers have been arrested on fraud charges.

John Varley, the former boss of Barclays faces a maximum 22 year prison sentence after he and three other ex-directors of the lender became the first British bankers to face penalties for actions taken during the financial crisis.

The arrest comes after an investigation by the Serious Fraud Office accused the bank, along with several high profile bankers, of committing fraud. They are also suspected of engaging in unlawful financial assistance over its dealings with Qatari investors, including former prime minister Sheikh Hamad bin Jassim bin Jabr al-Thani, in 2008 when Britain’s banking system was on the verge of collapse.

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RIP Jim Marrs (Author, Researcher, 1943 – 2017) – The Rise Of The 4th Reich: The Nazification Of America – (Videos)

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BREAKING: BANKERS’ NEW SDR CRYPTO BLOCKCHAIN WILL ENSLAVE HUMANITY?? – Lynette Zang (Video) – FEAR & LOATHING IN CRYPTO LAND (Video) – THE ACChain CONTROVERSY — JSNIP4 & BRAD PETERS (Video)

FYI.

BREAKING: BANKERS’ NEW SDR CRYPTO BLOCKCHAIN WILL ENSLAVE HUMANITY?? – Lynette Zang

Aug 9, 2017

The new Chinese-created ACChain crypto currency blockchain will be the SDR-related world currency that will allow the international banking elite to digitize every tangible asset on earth, and they will then exert total control over all of it.

FEAR & LOATHING IN CRYPTO LAND

Aug 10, 2017

This is a response to my friends Jsnip joe, Bix Weir and Andy Hoffman regarding their reactions to my latest CONVERSATION with ITM Trading’s Lynette Zang in which we discuss the new ACChain blockchain and the bankster’s goal to chip, track, trace and own EVERYTHING on the planet.

THE ACChain CONTROVERSY — JSNIP4 & BRAD PETERS

Aug 11, 2017

Intel senior software engineer Brad Peters and Joe from the Jsnip4 Realist News you Tube channel join me to discuss my recent interview with ITM Trading’s Lynette Zang and the ACChain SDR blockchain controversy.

In summary:

George Carlin: The American Dream (Video):

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