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07-08-2018, 08:10 PM
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8bn profit for HSBC

Why are the Major Banks closing many branches and inconveniencing many people especially the elderly?

And why are interest rates so low?
They are now making huge profits

No doubt huge dividends for the Directors as well.

It is true that the Economy and the World is run by the Banks.
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07-08-2018, 08:24 PM
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Re: 8bn profit for HSBC

They are closing because people aren't using them like they used to. On line banking has taken over, I'm not saying its right but the old saying 'use it or lose it' comes to mind.
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07-08-2018, 08:44 PM
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Re: 8bn profit for HSBC

Originally Posted by Panda ->
They are closing because people aren't using them like they used to. On line banking has taken over, I'm not saying its right but the old saying 'use it or lose it' comes to mind.

So true!

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08-08-2018, 10:23 AM
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Re: 8bn profit for HSBC

Online banking is cheap, doesn't require lots of humans in high street banks with salaries, pension conributions and sick pay. Makes perfect sense.

And yes, the banksters do run the world though that is just one arm of the wider all controlling collective. Capture a country's finance, be the authority that prints the money and controls the fiscal policies, and you very simply control the entire country. The laws don't matter.

Google "Fractional Reserve Banking" and absolutely DO read through this article:

The History Of The Moneychangers

https://www.bibliotecapleyades.net/s...lbanking26.htm


You will see the long history of key figures and presidents who have all played their part to control the USA finance system and learn why it will all ultimately collapse and leave millions of people destitute.
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08-08-2018, 10:54 AM
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Re: 8bn profit for HSBC

Yep realist your right , and there is absolutely nothing we can do about it .
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08-08-2018, 03:03 PM
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Re: 8bn profit for HSBC

On-line banking is the future. I prefer it, and have been banking on-line for about 10 years or so, so far without a problem, I ensure I take precautions.
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08-08-2018, 09:08 PM
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Re: 8bn profit for HSBC

Originally Posted by susan m ->
Yep realist your right , and there is absolutely nothing we can do about it .
Actually we could simply refuse to use the banks. That would mean we would have to manage our own money, keep it in a secure place, probably in a safe etc. To do that we would likely hold much of our cash in the form of precious assets like gold and silver coins, diamonds and so on, which wouldn't be a bad idea anyway as it would protect you when the finance systems eventually collapse and fiat money becomes worthless.

By far the very best solution to these fraudulent banking cartels is to cease back control of the money printing and then establish a new currency.

As you will have read in that article I linked to, the ability to print money has switched back and forth between the fraudulent moneychangers and the real presidents who stood up for the country and its people.

In the USA this would mean creating the "National Dollar" which would replace the Federal Reserve Dollar. The senate or Congress I believe are the only people who can force through the change to allow the printing of dollars to be brought back into government control. If they did that America's debt problems would be massively reduced.

The US government could create this new National Dollar and decree that it is legal tender. US citizens would then get rid of their old Federal Reserve Dollars and cease using them thereby killing the fraudulent bankers overnight.

The government, now being able to print the money notes, would no longer have to pay the fraudulent banksters for that money printing which would be a huge saving.

Having control of the bank notes would then mean the government could manage the fiscal situation for the benefit of the country and people instead of the bankers managing it for their own profits. It creates a fair system.

The most urgent need in the US is to return to a monetary system that is backed by gold and silver. It was in the past and that's what secured the value of the money notes. Quite literally if you held a bank note it meant you could walk into the bank and exchange it for its true value in gold. Unfortunately the fraudulent banksters did away with this fundamental concept years ago and so now the bank notes are NOT backed up by anything. US dollars are in fact utterly worthless and the only current reason they have value is because people perceive that value exists and so long as that perception exists it rumbles along. But as soon as the inevitable collapse happens the confidence in the dollar will disappear rapidly and people (if they didn't take precautions) will be left holding worthless bits of paper.

Fractional Reserve Banking ensures that this collapse must ultimately happen. It's up to genuine US politicians and US citizens to get things changed and remove the fraudulent bankers. Problem is these villains are a law unto themselves, very literally. They consider themselves above the law as they control everything. They even have their own police force and have established Federal Reserve police stations. I think they have long since been ready for a civil uprising which they will respond to with ruthless measures.

Any toppling of this corrupt illuminatist control will always be a hard bloody affair.
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08-08-2018, 09:16 PM
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Re: 8bn profit for HSBC

Originally Posted by tarantula ->
On-line banking is the future. I prefer it, and have been banking on-line for about 10 years or so, so far without a problem, I ensure I take precautions.
It's convenient for sure but that convenience hides a hard truth which millions of people don't realise. The uneducated and unsavvy, those we would refer to as "Sheeple" believe that if their bank balance says they have 1000 that there exists somewhere in a bank or vault actual bank notes which belong to them. They believe that this 1000 actually exists somewhere.

The problem is . . . IT DOESN'T.

It is nothing but a number in a computer system.

This is the core problem with Fractional Reserve Banking. It creates "money" without it actually existing.

People really do need to read up on that and understand it.

For every REAL 1 that the banks own, they lend out 100 to the Sheeple. That 100 does not actually exist, it is entirely fictitious, vapourware, a made up number.

The banks then charge us interest for lending that fictitious money and thus create for themselves money from thin air, quite literally.

If this seems bizarre or fantastical to any readers here, I assure you it is true. This is the system the banks have been operating for years, inventing money that doesn't really exist and charging interest on it. It is fraudulent in the extreme and will ultimately result in the collapse of the financial systems, at which point millions of people will lose all or most of their perceived wealth. The bankers of course will be fine as will anyone who sensibly exchanged their savings in the form of something real and tangible like gold and silver or other assets.

This is why banks restrict how much money people can withdraw at certain times. The hard truth is that if everyone tried to remove the money from their bank tomorrow, the banks would simply close their doors because that money simply DOES NOT EXIST.

The entire system operates on the faith and assumption that everyone will NOT try to withdraw all their money at the same time. And that kinda works until everyone realises that the system is collapsing and at that point they all rush to the bank to try and withdraw their money. There have been many examples of this with banks/building societies collapsing and having to be bailed out.

If you added up all of the money in people's bank balances in every bank, every account, you would find that it outweighs the amount of actual bank notes and coins in circulation by a colossal amount. The vast majority of "money" simply does not exist at all !
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09-08-2018, 06:30 PM
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Re: 8bn profit for HSBC

Anyone keeping a large amount of cash and valuables in their home is asking for trouble. Far better to have a bank account/s and check them on a regular basis.
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10-08-2018, 12:10 AM
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Re: 8bn profit for HSBC

Originally Posted by tarantula ->
Anyone keeping a large amount of cash and valuables in their home is asking for trouble. Far better to have a bank account/s and check them on a regular basis.
You haven't read or heard a thing I have said.

WIth a bank account you have nothing. Nada, zip, sweet FA. Nothing but a number on a computer screen. No physical asset, nothing. It's ok whilst the world is happy, but when the axe falls, that number in a computer will mean nothing at all, you will have nothing at all. All your supposed wealth will vapourise. Everyone should have some money invested in real things be that gold, silver, houses and so on.
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