All Banks Are Bankrupt! The Whole System Will Collapse If Just 3% of Depositors Remove Their Money! - Atlantis Report Must Video
All Banks are Insolvent and Bankrupt!
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. 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. Depositors are unsecured creditors on the bank’s balance sheet. Riddle me this: when you take out a credit card, the bank is the unsecured creditor, and the debt is unsecured. They charge us quite a bit of interest, from 19 percent to 22 percent, Yet when we loan the bank our cash via deposits, what is the interest that we unsecured creditors receive? 1 percent at best! The assets of the bank are those people to whom the bank has lent its Your money to, i.e., all the borrowers of loans. As has been so clearly displayed during the 2008 crisis, they have lent their money out (formerly your money) over 33 times on average to borrowers. So when more than 1 of 33 of us clients of a bank wish to withdraw our money that is on-demand, the bank cannot pay it back as it does not have it. As for banks, deposits are loans from the depositor to the bank. They represent the liabilities of the bank. It is true that the assets of the bank (such as loans, securities, and reserves) are assets of the bank. Banks are solvent only if the assets are more significant than the liabilities. The idea that a bank, or any other firm, is insolvent only because something might happen is absurd.
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
Luckily I am pretty safe. Most of my money left the bank long ago. What little remains is peanuts…
IT is possible to INVEST in SILVER (a HEDGE against INFLATION) at…….LOW entry CO$T.
LOOK out for…PRE 1965…..AMERICAN dimes, quarters and HALF DOLLAR COINS……their SILVER CONTENT is 90% SILVER.
* * *
The USA “Debt” Clock is currently LISTING $ILVER @ …..$3,856 per ounce
Take a LOOK at THE….USA Debt Clock……….FAR RIGHT HAND COLUMN UNDER THE HEADING ….DOLLAR to SILVER RATIO NOW.
https://usdebtclock.org
* * *
The “spot” price of SILVER today ….June 9th 2021…..is fluctuating around…..$27.83 per ounce.
***
One of the CHEAPEST/*/BE$T VALUE “forms” of SILVER to BUY is known as……….”JUNK SILVER.”
***
The Ins and Outs of JUNK SILVER: What to Know and When to Invest
BY PROVIDENTMETALS.COM ON JANUARY 23, 2019 FILED UNDER: INVEST IN SILVER
PRIOR TO…1965, AMERICAN dimes, quarters and half dollar COINS that were circulated through the U.S. market were 90 PERCENT SILVER.
While the majority of the composition might be a precious metal, they are unfortunately considered to have no numismatic value—i.e., they are of NO VALUE TO A COIN COLLECTOR.
It is for this reason that we often hear these pre-1965 silver coins referred to as “JUNK SILVER.”
Yet while these coins are considered to have no numismatic value for coin collectors, THEY ARE EXTREMELY VALUABLE TO INVESTORS, as they are bought and sold in bulk DUE TO the VALUE OF….THEIR SILVER CONTENT.
https://blog.providentmetals.com/the-ins-and-outs-of-junk-silver-what-to-know-and-when-to-invest.htm#.YBQzqOj7SUl
$tanding behind the THIEVING BANK$TER$…and……pulling their $TRING$…are a………DEGENERACY of “HOMINIDS.”
***
IT is possible to INVEST in SILVER (a HEDGE against INFLATION) at…….LOW entry CO$T.
LOOK out for…PRE 1965…..AMERICAN dimes, quarters and HALF DOLLAR COINS……their SILVER CONTENT is 90% SILVER.
* * *
The USA “Debt” Clock is currently LISTING $ILVER @ …..$3,856 per ounce
Take a LOOK at THE….USA Debt Clock……….FAR RIGHT HAND COLUMN UNDER THE HEADING ….DOLLAR to SILVER RATIO NOW.
https://usdebtclock.org
* * *
The “spot” price of SILVER today ….June 9th 2021…..is fluctuating around…..$27.83 per ounce.
***
One of the CHEAPEST/*/BE$T VALUE “forms” of SILVER to BUY is known as……….”JUNK SILVER.”
***
The Ins and Outs of JUNK SILVER: What to Know and When to Invest
BY PROVIDENTMETALS.COM ON JANUARY 23, 2019 FILED UNDER: INVEST IN SILVER
PRIOR TO…1965, AMERICAN dimes, quarters and half dollar COINS that were circulated through the U.S. market were 90 PERCENT SILVER.
While the majority of the composition might be a precious metal, they are unfortunately considered to have no numismatic value—i.e., they are of NO VALUE TO A COIN COLLECTOR.
It is for this reason that we often hear these pre-1965 silver coins referred to as “JUNK SILVER.” …
APOLOGIES the post above was entered in ERROR.
$tanding behind the THIEVING BANK$TER$…and……pulling their $TRING$…are a………DEGENERACY of “HOMINIDS.”
***
Former WORLD BANK Senior: aLIEn$ With ELONGATED SKULLS are BEHIND MONEY and RELIGION.
World Bank Senior Council, KAREN HUDES has been making a lot of noise lately, and she recently said something she’s never said before.
She said that a SECOND $PECIE$ on Earth….CONTROLS….MONEY and RELIGION
*
These countries are not monolithic, there ….are forces fighting the corruption and there are forces that have totally been co-opted, and the
way they act is TREA$ONOU$ TO the PEOPLE in those countries.
The GROUP that’s behind the NETWORK of CONTROL are the JE$UIT$, and there are also $OME GROUP$ BEHIND THEM.
One of these groups are HOMINID$…..THEY’RE NOT…HUMAN beings.
“They are very smart, THEY ARE NOT CREATIVE, they are mathematical
They had a much stronger force in the earlier ICE-AGE
They have ELONGATED SKULLS, they may produce offspring in MATING WITH female HUMANS, but that OFFSPRING IS NOT FERTILE .
We live in a world of secret societies, and SECRETS, and the information that OUGHT TO BE PUBLIC is not public.”
CLICK on LINK for FULL article and……”pic” of……RAT$child…..CONEHEAD
http://humansarefree.com/2014/03/former-world-bank-senior-aliens-with.html