DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Impending Undeclared Default Of 5 Major US Banks

**baskentt** · 02-02-2012, 01:23 AM

Maybe in days of yore', Hatha. Not anymore. The "death rattle" has already sounded, and it's clearly rattling in the throats of the Federal Reserves' Correspondent Banks and now eviscerating from the inside foreign central banks, as well.

I welcome [it] their collective collapse.

We don't need big banks and a debt based society to function. Honest money/coin will do just fine.

To "need them" is a myth.

beefsteak

I don't think it will work this way beefsteak. I completely agree we don't need them, but they are not going to fail without dire consequences.

Those who own and control the banks are only going to crash them if everything is crashed. It's one of their bread and butter machinations.

If the free flow of loose fiat ends, so goes the illicit drug trade, another hit to their pockets. So what would the endgame be if they crash them? Just total control? The means are in place, but I don't think they will let a power trip get in the way of their greed.

Too much time and effort has been put forth over the decades to build these behemoths. They will not fall lightly.

02-02-2012, 01:23 AM	#30
baskentt Join Date Oct 2005 Posts 491 Senior Member	Maybe in days of yore', Hatha. Not anymore. The "death rattle" has already sounded, and it's clearly rattling in the throats of the Federal Reserves' Correspondent Banks and now eviscerating from the inside foreign central banks, as well. I welcome [it] their collective collapse. We don't need big banks and a debt based society to function. Honest money/coin will do just fine. To "need them" is a myth. beefsteak I don't think it will work this way beefsteak. I completely agree we don't need them, but they are not going to fail without dire consequences. Those who own and control the banks are only going to crash them if everything is crashed. It's one of their bread and butter machinations. If the free flow of loose fiat ends, so goes the illicit drug trade, another hit to their pockets. So what would the endgame be if they crash them? Just total control? The means are in place, but I don't think they will let a power trip get in the way of their greed. Too much time and effort has been put forth over the decades to build these behemoths. They will not fall lightly.
	Quote