While we were Distracted with Gay Marriage news This happend today, page 2


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reply posted on 10-5-2012 @ 01:04 PM by ThirdEyeofHorus
Originally posted by BIHOTZ
I think the US did this so as to not have to nationalize it. Spain just nationalized its 4h largest bank. The US would probably look better if the Chinese took it over rather than have the government take it over.



EDIT:
Here is a link to the thread I made about Spain's nationalization of a huge bank.
www.abovetopsecret.com...


edit on 10-5-2012 by BIHOTZ because: (no reason given)


Oh way to not naitonalize it. Just let a Chinese State controlled bank take over. I think this just hasn't sunk in yet. The ramifications I can't even wrap my mind around it. How many more State controlled Chinese companies will take over our banks now that our leaders have let China own our debt?


reply posted on 10-5-2012 @ 01:28 PM by Wide-Eyes
reply to post by Wide-Eyes



Some additional info:
en.wikipedia.org...



After a period of nationwide expansion, including the acquisition of many smaller banks, the name Midland Bank Ltd was adopted in 1923. By 1934 it was the largest deposit bank in the world. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index but in 1992 it was taken over by HSBC Holdings plc.


That was 20 years ago and the Chinese haven't invaded us yet so I think you shouldn't worry too much!


reply posted on 10-5-2012 @ 01:29 PM by Wide-Eyes
reply to post by KnightFire



Paranoia much, see my post above.

I think you have enough worries from your own government/banks, nevermind the Chinese.

edit on 10-5-2012 by Wide-Eyes because: (no reason given)



reply posted on 10-5-2012 @ 01:34 PM by TinkerHaus
There are LOTS of foreign-owned banks operating in the USA..It's called "The Global Market."

These types of relationships INCREASE motivation to NOT GO TO WAR over petty crap. This is a good thing. Having a non-European deposit bank operating in the USA will also give the USD some security, because it will be investing the dollar in Chinese expansion, which I assure you is in full swing. China is not only modernizing itself (and setting the new standard for modernization) at a rapid pace, but Africa and other places as well.



The Bank of Pakistan has a US branch.

The Bank of India has a US branch.

The Bank of Ireland has a US branch..

On the other side of the coin, US banks operate in foreign countries as well:

CITIBANK CHINA!!!!!

Citibank, a US bank, operates in Japan and other countries..

Chase Bank operates in a bazillion countires.. Etc.


You're all freaking out over normal everyday strong financial partnership stuff.

China also pretty much bought a mountain in Nevada, Mount Hope, a few years ago. It stands to be the biggest producer of molybdenum by 2015. I bought a bunch of it, let's see if it makes me rich.

Don't panic, ride the wave. You guys are silly.

edit on 10-5-2012 by TinkerHaus because: (no reason given)



reply posted on 10-5-2012 @ 01:41 PM by KnightFire
Originally posted by Wide-Eyes
reply to
post by KnightFire



Paranoia much, see my post above.

I think you have enough worries from your own government/banks, nevermind the Chinese.

edit on 10-5-2012 by Wide-Eyes because: (no reason given)


Just making a statement. I'm not paranoid. There are enough problems with my government to have to worry about others. But it's fun making conversation.


reply posted on 10-5-2012 @ 01:43 PM by Wide-Eyes
reply to post by TinkerHaus



I fear your post and mine will fall on deaf ears.

Just saying.
edit on 10-5-2012 by Wide-Eyes because: (no reason given)



reply posted on 10-5-2012 @ 01:50 PM by Wide-Eyes
reply to post by KnightFire



Very true, I just wanted to show some facts. 20 years with a banking giant from China and no Chinese bases etc in the country. Don't get me wrong, I detest big banks but we all know that 99% are criminal in their actions and it takes a motivated person to find the ones that aren't corrupt. I am not motivated.

Conversation is always good.


reply posted on 10-5-2012 @ 01:56 PM by TinkerHaus
And just to be thorough, here is a list about a hundred entries long of foreign banks operating inside China:

www.ceu.hk...

Did some of those look really familiar to you?


This is China showing confidence in US markets, which is a good sign for all of us who are afraid of an apocalyptic financial collapse. Y'all gotta get consistent with your conspiracies..


edit on 10-5-2012 by TinkerHaus because: (no reason given)



reply posted on 10-5-2012 @ 02:00 PM by KnightFire
Originally posted by Wide-Eyes

reply to
post by KnightFire



Very true, I just wanted to show some facts. 20 years with a banking giant from China and no Chinese bases etc in the country. Don't get me wrong, I detest big banks but we all know that 99% are criminal in their actions and it takes a motivated person to find the ones that aren't corrupt. I am not motivated.

Conversation is always good.


I counldn't agree with you more on your 99% criminal statement. It's funny how these banks operate under a mafia like business model except they are using fees and interest rate instead of Vinny with a bat on people and the goverment who waged a war on organized crime, is doing nothing about it. Makes you wonder who has more power.
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