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He further argues that licensing new banks doesn’t suggest increased competitors because it assumes that the new banks will be capable to appeal to competent administration and that laws and bank supervision can be sufficient to stop fraud and thus forestall bank collapse and the resultant monetary crisis.
It is obligatory that we avoid banking with the massive banks, ie Citibank, Bank of America, I’ve advocated strolling away from all debt, together with bank card debt at While this is a radical, nearly anarchist place, it’s a peaceful anarchy, a peaceable effort to stop cooperating with the New World Financial Order.
Today on NPR they had financial speaking heads going over the record 2nd quarter income for Goldman and Chase and some others and I puzzled how much of that was just letting them go back to the slippery accounting practices of the pre-bust instances, before Lehman fell.
You say that the inventory market is being manipulated within the title, and although you present proof in favor of that point, you are inclined to overreach with random asides, such because the part about the entire credit disaster being fabricated.