Financial frauds - let's sell Bitcoin or stocks that do not exist
Some facts, I pointed out here on Steemit, are going through commercial media. And that's a great thing. I just watched Keiser Report today, and was amazed at the second half, where 22-year banking veteran (Caitlin Long) told a lot of background operations, how big banks and Wall Street are keeping prices, just where they want those prices to fit their needs.
Caitlin Long
They can sell more stocks or securities, as there is in existence. And it could be stock, crypto currency, derivate, bond,.....anything.
If you would like to know more about that fraud, watch video from 12:28 on
You can have an infinite number of owners of the same bond, you're lending the bond out as collateral in infinite number of times (in the US it's capped at 140% of the fair market value of that security) and you end up with people routing their fraud through London. With Bitcoin, Wall Street gets involved, but they're bringing in the products. They're bringing in their bag of tricks which allows them to rehab off the gate (to lend multiple times the same asset)!!!
And these are neoliberal money-printing practices, that don't create immediate violent impact - but it's more of a deferred violence. All these bank executives get deferred prosecution as well as "deferred" bonuses. And now we have deferred violence in Europe, which is the result of diminished purchasing power of a working man. Why? Because all this money printing that's going on, this is an actual violence system, ready to fall.
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Another great piece of work @worldfinances
Thank you for sharing that link. I've never seen that channel before. Will gladly subscribe.
ps.
I was planning to move back to europe after current winter (after many years living in Asia) and Im so so bloody worried. We seem to live in "interesting times".
Yours
Piotr
For now, in western Europe, people are on the streets. And that is a good thing. On the other side, in times like these, banks make the biggest transactions and launder their money to give even more to upper 1%. In central, Eastern,and southern Europe, people seem like getting ready to do the same thing. We will see. Changes will be done if countries will make moves like Iceland did - to get banks into their own hands.
WF
Im not sure Iceland did @worldfinances
Thank you @worldfinances :)