Today, 147 corporations control 40% of the world’s wealth. Those corporations can utilize those trade agreements to override governments when they feel corporate profits have been negatively impacted by sovereign government laws or rulings.
In addition, because of very little real competition in the global market place the income generated by these corporations is greater than many countries. Thus these multinational corporations may have more power than governments!
In a state where machines act like people and people act like machines, it may be possible for many individuals to trust and obey governments as if it is big brother or mother.
Beware of regulations, mandates, and policy enforcement.
The Bank of England (“BoE” is the UK’s Central Bank) published a press release in July 2017 revealing they now allow a new generation of non-bank payment service providers eligibility for a settlement account in the BoE’s real-time gross settlement (RTGS) system with direct access to the UK’s sterling payment systems that settle in sterling central bank money, including Faster Payments, Bacs, CHAPS, LINK, Visa, and the new digital cheque imaging system.
This appears to me that the banking cartel is preparing the path for FINTECH and blockchain developers!
If you do not read the full text, then remember these key points:
” Digital wallets draw funds from payment cards or bank accounts. Marketplace loans most often depend on loan origination by a bank partner. And payment innovations often “settle up” over legacy payment rails, like the automated clearinghouse system.(While Bitcoin is a notable exception, many consumers still rely on connecting their bank accounts with Bitcoin exchanges to convert their fiat currency to virtual currency and vice-versa.)”
[…]
“As envisioned by the OCC, obtaining a special purpose charter would have the practical effect of allowing certain fintech companies to potentially bypass the need for connecting to a bank for certain purposes in favor of becoming licensed as banks themselves. The OCC’s proposal raises interpretive and policy issues for the Federal Reserve regarding whether charter recipients would become Federal Reserve members or have access to Federal Reserve accounts and services, such as direct access to payment systems.”
[…]
“In the European Union, beginning in 2018, member states will be required to start implementing the European Parliament’s revised Payment Services Directive (PSD2).” -Governor Lael Brainard
The Fall and Winter Seasons are often periods of gloomy events and rituals.
Rather than passively waiting to be told how the script unfolded by the news media, you can anticipate and prepare.
…the volume of Bitcoin trade in Venezuela has risen sharply.
A recent initiative was the opening of Monkeycoin.
what do I forecast after reviewing the 21st century?
The Global systemically important financial institutions (G-SIFI or SIFI) are protected by the new rules and this is the most recent demonstration of the protection racket!
Spain has other banks in trouble, many are putting Liberbank Banco on their watch list.
Liberbank shares fell 20% amid Popular turmoil…
The point is, you can detect the trend, and you have a need to know the truth.
You have choices, you can take your money out of the banks, you can transform national currency into land and other tangible assets.
The Puppet Masters are visible, only if you are willing to look…
The story of modern 21st century civilization is summarized here.
Okay, Jorge Mario Bergoglio is a strange guy and he makes for a strange Pope, but keep digging for the truth because it gets worse, much worse:
The Most Powerful Word…
Peace Today
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