All Banks Are Insolvent / Bankrupt! -- Economic Collapse! -- Stock Market Crash! - Great Video!

The Atlantis Report

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All Banks are Insolvent / Bankrupt — Economic Collapse — Stock Market Crash The whole banking system is one big octopus with its slimy tentacles in everything.

The existence of the central bank and fractional reserve banking permits commercial banks to generate credit, which is not backed up by real funding. It is credit created out of thin air.

All banks are today insolvent, hence the Repo Markets now being run by Central Bank money. Welcome to The Atlantis Report.

A bank has current creditors: on the whole, these are people like you and me who have our salaries or savings paid or deposited into our accounts on our behalf. We do not actually “own our money” that is stored in the bank. The bank does.

This may come as a surprise to you. However, this is a very well established point of law. Since 1811, this has been the case. So you and I are the current creditors to the bank, i.e., we are owed money by the bank. In fact, your bank statement is just an IOU from the bank, acknowledging that it owes you however much it says on the statement on demand.

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