- Major banks have played pivotal roles in numerous financial crises, such as the 1930s Great Depression and the 2008 subprime mortgage meltdown.
- Banks, including Citibank, have been historically critiqued for funding both sides of significant conflicts like the World Wars.
- Controversial figures like BitBoy have highlighted Congress’s inaction during pivotal periods like the US foreclosure crisis, drawing parallels to the current homelessness issue.
Dive into the intricate history of major banks and their profound influence over global financial markets, conflicts, and societal issues.
The Dark Histories of Major Banks Revealed
A recent YouTube video meticulously examines the controversial pasts of financial giants such as JPMorgan Chase and Goldman Sachs. The video delves into allegations of their involvement in a series of financial debacles and their overarching influence on government policies and societal norms.
The Role of Financial Institutions in Historical Crises
The video outlines how these major banks have been at the center of numerous crises and malpractices, including corruption, wars, slavery, and political meddling. For instance, their actions are linked to the 1930s Great Depression and the 2008 subprime mortgage crisis. Despite these controversies, these banks have continued to flourish and maintain significant power within the global financial arena.
The U.S. Foreclosure Crisis and Legislative Inaction
Additionally, the video addresses the U.S. foreclosure crisis, where approximately 500,000 properties were foreclosed, a figure that bears a troublesome resemblance to the current homelessness rates. The host criticizes the Congress for its failure to curtail these foreclosures, arguing that this was a missed opportunity that could have significantly mitigated the crisis.
Banking Profits from Global Conflicts
Further exploration unveils how banks like Citibank have historically funded both sides of significant wars, including the World Wars. One notable mention is the Union Banking Corporation’s connection to Prescott Bush, linking the Bush family to wartime profiteering with enemy entities. Such instances highlight the banks’ tendency to prioritize profits over ethical concerns during global conflicts.
In-Depth Analysis and Future Discussions
The host assures that future episodes will provide more detailed examinations on the roles of governments, cartels, corporations, and hedge funds in influencing global economies. There’s an appeal for viewers to conduct independent research and a move towards using Discord for continuous and critical audience engagement.
Conclusion
The video serves as a crucial introduction to understanding the far-reaching influence of major banks on historical and current economic landscapes. It encourages viewers to delve deeper into the implications of financial power and foster informed discussions on these significant matters.
