It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: Unity_99
But really its all turned upside down and the true slaves are them. Slaves to dark ideology and behaviors. I don't agree with the existence of money, but forced to use it, as a hostile witness, there is no contract or karma, just not the young buck, nor suicidal.
originally posted by: MALBOSIA
Here in Canada our central bank is a government asset. Whatever profits come out our central bank goes into the government coffers. That is not the problem for us.
originally posted by: Ultralight
a reply to: TorinoFer
How do the Rothschilds win? They are loaning to East and West and, WW III will likely cause global catastrophe, so who pays them back and with what? Will they even be here TO pay back? They already have literally ALL the power in the world (and likely that of other worlds as well) so ...??
The Bank of Canada, BoC (French: Banque du Canada) is Canada's central bank. The Bank was chartered by and under the Bank of Canada Act on July 3, 1934, as a privately-owned corporation. In 1938, the Bank was legally designated a federal Crown corporation, whose shares are owned by the Government of Canada, and executively administered by the Crown in Right of Canada through the Governor of the Bank of Canada. The Minister of Finance holds the entire share capital issued by the bank. "Ultimately, the [shares in the corporation comprising the] Bank [are] owned by the Minister of Finance on behalf of [the Crown] in Right of Canada."
originally posted by: combatmaster
a reply to: TorinoFer
Federal Reserve is private organization owned by Rothschilds
Ive heard this many times. Can you show me a source/proof?
In fact, this entire rant provides no evidence for your claims....
maybe this should be in the rant section!
originally posted by: c0gN1t1v3D1ss0nanC3
a reply to: combatmaster
I agree, this should be in the rant section. Russia and China have debt. They also have extremely low levels of quality of life for their citizens. They have a huge shadow banking issue that is exponentially increasing far faster than even the US debt is. They also have a soon to pop real estate bubble.
If China was to ever even come close to the quality of life that the average US citizen has, they would have to spend trillions of dollars they don't have to do it.
originally posted by: c0gN1t1v3D1ss0nanC3 They have a huge shadow banking issue that is exponentially increasing far faster than even the US debt
First off not true that it is growing faster than US debt.
The MicKinsey report showed that China led all emerging markets and was ahead of most developing markets in terms of an increase in total debt to GDP over a seven year period ending in the first half of 2014. Only Portugal, Greece, Singapore and Ireland saw their debt burden increase, but that is mainly due to massive corrections in economic output.
Secondly shadow banking debt is something Chinese government is preparing to nullify and reset. In other words to free Chinese citizens overnight if they owe to any kind of shadow contract.
They are smart enough to fix their own problems because they answer to themselves and not foreign banking cartel.
Don't worry about Chinese, worry about us