Banking Scams; Their only purpose is to lie and Fleece the Populace

Banking Scams; Their only purpose is to lie and Fleece the Populace

Editor: Vladimir Bajic | Tactical Investor

Before we get to the article at hand many might ask why we cover political and health issues when our main focus in the stock markets and the financial arena.   Identifying the problem is over 80% of the solution and this is why most people don’t know what to do because they don’t really understand the problem. Now you know why we are the only financial website that covers such a wide array of topics that on the surface appear to be unrelated but are in fact, deeply interwoven.  Mass psychology is a very powerful tool and if employed correctly can help you spot the grotesque levels of manipulation the masses are subjected to. We strongly suggest that you view or read or view Plato’s allegory of the cave.  You might also find the following article to be of interest:

You must have noticed by now how polarised the entire world is over the Trump presidency? What we stated has come to pass with alarming swiftness, and it is only going to get worse, but that is a story for another day, or perhaps we will delve into later on in this issue. For now, what you need to understand is polarisation is the perfect breeding ground for insanity. Insanity thrives under such conditions, and many individuals will be trapped in an illusory world that for all intents and purposes will appear real to them. Political Polarization: Trump-Brexit win Polarisation Grips Financial advisers

Banking Scams

Their only purpose is to lie and Fleece the Populace and they make most of their money during times of turmoil that they helped create. You can use this data to your advantage; instead of panicking when the markets crash, jump in and purchase all the top quality stocks you can load up on.

If you don’t trust your bank, you’re in good company. With financial regulations unravelling, and in the wake of several shocking banking scandals, it’s remarkable we haven’t all switched to a digital crypto-currency like Bitcoin and ditched our financial institutions. The latest EY Global Consumer Banking Survey finds customers around the globe have diminishing trust in their banks. While they broadly trust banks to look after their money securely across markets, few have complete trust in their banks to give them unbiased advice that puts customers’ interests first. In the United States, 57 per cent of customers trust their bank but only 33 per cent say their financial institution will provide.Full story

The Same old scam with a different name

What else is new? This is what banks do;  deception is the name of the game.  They take your money, pay you next to nothing and then lend it out and charge a fortune. Banks can lend out 10 times of what you deposit, so imagine the huge amount of money they earn due to the fractional banking system. Yet, this is not enough for them, they look for other ways to leverage this money and almost always make the taxpayer foot the bill. They will never stop committing fraud, because, for every $1 they pay in fines, they make $100.

All boom and bust cycles are purposely created and the main culprit behind this is the Fed and the banking sector. As 51% of the Fed is owned by the banks, you can bet your bottom dollar the Fed is never going to pass any law that is going to hurt the banks.  Banks thrive on pain and misery; during these times they make their biggest killing. Did anything happen to the banks after they helped fuel the housing bubble? No, they received a multibillion-dollar bailout while the small guy was left to hang dry

On a separate note, let’s examine why this Stock market bull will last a lot longer than the most ardent of bulls expect.  The majority still hate this market and it is for this reason that it will continue to trend higher and higher.

Other stories of Interest 

Dow Could Trade to 30K But not before This Happens  (July 11)

Fake news & Weak Economy Can’t Stop Stock Market Bull  (July 6)

Crazy Bull Market Still Marching Strong despite interest rate hikes (June 18)

Stock market crash coming: Stock market Correction more likely in 2017 (June 5)

Bull Run for Gold Sheer Fantasy or is it forming the base for the next Run (May 8)

What Happened to the Stock Market Crash experts were predicting (April 28)

Top Experts Jackasses Stock Market Outlook  (April 27)

Will the Stock Market Crash in 2017-The truth is that no one knows but everyone lies   (April 17)

Technical Analysis of Stock Trends; Why both Technical Analysis & Fundamentals fail (April 8)

Stock Market Trends-Is the Stock Market Heading for a Crash? (April 4)

Banks only purpose is to lie and Fleece the Populace; here is how to defeat them at their own game