The following is a story that I have been warning about for a long time now, I hope you will read these things and see the seriousness of the situation... I share everything I receive that relates to these events and this is but one story, I have shared numerous stories along this same line.. One thing emerges, the soon coming collapse of our economy.How soon or how long will this last? It could take place at anytime and it could last for a very long time.. That said, if you are able, be prepared, get ready as best you can..Of course, the most important thing you can do, is to come to know Yeshua as your personal L_rd and Saviour! The Final Death Blow to America Began With the Credit Swap Derivatives Raise your hands if you knew that on October 21, 2011 that the Bank of America got the FDIC to ensure its $75 trillion credit swap derivatives debts with money, from the FDIC, that is supposed to insure our bank deposits? You may keep your hands down, because hardly anyone knew of this bank heist by stealth. By the way, all the megabanks have received the same promise from the FDIC. Where is your guarantee from the FDIC? The total value of all assets in the United States amounts to approximately $20 trillion dollars. How can the U.S. government guarantee triple the value of the U.S. economy as it did with Bank of America? The FDIC is insuring a house of cards that can only bankrupt the country. Does it now make sense why the FDIC sponsored a conference held in Britain along with the top banking officials from both Britain and the U.S. (e.g. Janet Yellen) in which they practiced how to respond to widespread banking failures? This activity took place on November 10, 2014 in London. To comprehend the seriousness of the derivatives threat to the American and global economy, one has to first understand how our home mortgages have been impacted by the biggest Ponzi scheme in world history. Did you know, for example, that your $200,000 home loan, has been combined with other home loans to create a derivatives set of holdings that is bet on in the futures commodity market? For example, your individual home loan of $200,000 ends up backing up the $20,000,000 of home loan values in the sale of derivatives at your local bank. In other words, America, your home mortgage is being used to underwrite the banksters and their credit swap derivatives. Home mortgages are now a traded commodity. Therefore, when you make your monthly mortgage payment, you are not paying down your mortgage, you are paying the derivatives debt of the banksters who have hijacked this country... thecommonsenseshow/2015/01/02/no-recovery-americas-economic-extinction-level-event/
Posted on: Fri, 02 Jan 2015 23:41:52 +0000
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