WT AND KHS COULD LOSE EVERYTHING IN NEXT BANKING CRISIS

by badboy 10 Replies latest jw friends

  • Terry
    Terry

    These banks that fail made terrible business decisions without proper collateral.

    They know the taxpayers will have to make good because of the Government's stepping in and insuring up to---what is it now? One Hundred thousand per depositor?

    If you keep more than that in one bank you lose.

    The real culprit is the FEDERAL RESERVE which is not a branch of Government. It is private bankers outside of Government control who make decisions kept secret. They print money out of thin air.

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