Suck You Off, White Boy?
When bankers put their mouths where your money is and why you, white boy, may be at risk.....of an STD......("Sudden Transaction Denial").
We're not in the business of giving any sort of financial advice. FuelMix simply states a point of view.
And lately, we don't like what we see shaping up in New Zealand, Australia, Europe, UK, USA and Canada.
OK faggot, here's what's getting FuelMix suspicious of white boy's financial infrastructure......it's a crock. In reality, notwithstanding the massive infusions of cash (backstopped by the Fed) to nearly every fuckin' European bank one can name, plus a change in accounting rules that are actually intended to "hide" the magnitude of insolvency by painting a rosier picture of the bank's finances, the reality appears to be that things - certainly in the Eurozone - are not getting any better.
(Just ask some of the economic refugees from Portugal, Italy, Greece, Spain and France now washing up on the shores of Very Rich Megacity).
The crux of the issue appears to be the failure by the banks to channel their cash infusions into the general economy. Even assuming that the banks are "healthy", they are still sitting on enormous amounts of cash. So......the nice European technocrats have decided that YOU, white boy, should front up and get the European economies ticking again.
How.....??
1. The personal pension savings of the EU's 500 million people would be used to fund projects. Your permission is not required. It will simply be taken. The term used is "mobilized".
2. A feasibility study of an EU Individual Savings Account which would then be pooled for investment in small companies. Again, forget about having any say as to where your money goes.
3. The Return of Shit Eating......errr.....we mean Securitizations.......you know.....the slicing and dicing of loan-backed shit which were then packaged into "bonds" and other allegedly asset-backed securities completely dependent on the ability of a cash-strapped consumer to repay his loans.....that brought the whole edifice down in 2008......we'll they're BAAAACKK.........and apparently more loosely defined than ever......which means the risk is higher.
Check out the Reuters Report dated 12 February 2014.
We can hear the squeals now, "But FuelMix, what about the other shitty white countries that you mentioned at the top of this post...?"
OK, we'll tell ya.
We always took the view that what happened in Cyprus i.e. deposits above a certain amount were simply confiscated (well actually they were taken in exchange for shares in the same insolvent bank that lost your money.......in case you can't get your head around that, try paying your grocery and utility bills with share certificates instead of cash and see how far you get) was never intended to be a one-off thing, regardless of the public statements.
It was an experimental template that worked so well that guess what...??? Nearly every other white country namely New Zealand, Australia, the Eurozone countries, the United Kingdom, Ireland, USA and Canada have rolled out coordinated policy documents that make it quite clear that depositor bail-ins (i.e. account confiscations) will be used far more widely in future.
......And yet, these are the same nice people that are simultaneously telling you that their banks are fine.
In other words, white faggot, there is a HUGE 2-part game being played at your expense - by your own white bankers. It's called Redistribution and Confiscation:
- history's biggest and most fraudulent wealth transfer i.e. from you to the 1%, that started in 2008 is still going;
- your cash savings are now fair game for confiscation - and because of the change in accounting rules you are NEVER gonna know the true financial state of the banks, because they don't want you to.
Now you know why so many whites, who have put 2+2 together, are running to Asia. They are so fuckin' desperate you have no idea.
Thing is, Asia has its own set of issues too. We'll save that for a later post.
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