- Main banks influenced crucial monetary crises, together with the Nineteen Thirties Nice Melancholy and 2008’s mortgage fallout.
- Banks like Citibank profited from financing each side throughout the World Wars.
- BitBoy criticizes Congress for not appearing throughout the US foreclosures disaster, linking it to present homelessness.
A latest YouTube video delves into the controversial historical past of main banks like JPMorgan Chase and Goldman Sachs, alleging their involvement in quite a few monetary crises and asserting their affect over governments and society.
The host particulars how these monetary establishments have been related to quite a few crises and atrocities, together with corruption, battle, slavery, and political interference. Their management and manipulation techniques contributed to the Nice Melancholy within the Nineteen Thirties and the 2008 subprime mortgage disaster. Regardless of their controversial involvements, these banks have continued to prosper and wield substantial energy within the world monetary market.
Moreover, the video explains the banks’ roles throughout the U.S. foreclosures disaster, the place round 500,000 properties had been foreclosed, a quantity that starkly parallels the present homeless inhabitants. The host criticizes Congress for failing to forestall these foreclosures, thereby lacking a crucial alternative to alleviate the disaster.
Furthermore, the dialogue expands to how banks like Citibank financed each side of main wars, together with the World Wars. The video mentions the Union Banking Company, related to Prescott Bush, George W. Bush’s grandfather, which maintained enterprise ties with enemy entities throughout wartime. These examples illustrate the banks’ willingness to revenue from world conflicts whatever the moral implications.
Trying ahead, the host guarantees a extra in-depth evaluation of the roles of governments, cartels, companies, and hedge funds in future episodes. He encourages viewers to conduct their very own analysis on these matters. Moreover, he declares a shift to Discord as their main social media platform to proceed partaking the viewers in these crucial discussions.
The exploration into large banks’ historic and ongoing affect affords viewers a basis to grasp the advanced dynamics that proceed to form financial and political landscapes globally. The video prompts additional exploration and dialogue amongst viewers, encouraging them to look past typical narratives and perceive the deeper implications of economic energy on a world scale.
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