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Author Topic: Economic Crash Wealth Transfer  (Read 438 times)

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Offline DonT

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Economic Crash Wealth Transfer
« on: June 25, 2014, 09:52:20 PM »
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  • http://pridecomethbeforeafall.wordpress.com/2013/03/23/economic-crash-wealth-transfer/

    http://pridecomethbeforeafall.wordpress.com/2013/03/19/cyprus-bank-gets-bulldozed-literally/


    This is posted so many will have a better understanding of how this works.
    Its 1929 all over again folks. Some still dont get it, the above link will help to that end.
    Money doesnt vanish, it simply changes hands. Whose hands will catch it?

    Bernie Madoff is the biggest thief in history...$70 Billion-Not recovered.
    Do you think Bernie blew it all at the horsetrack, on women and vacations, OR did it get wired to Israel?


    Think in terms of money as gold coins.
     Your gold coins at the bank didn’t just vanish, they changed hands. Everything going on around you is a ‘wealth transfer’ disguised as an economic crash.
     Jake Silver went to the bank and borrowed your gold coins to buy Shem GoldBerg’s shopping center.
     Jake defaults on the mortgage, Shem has your gold coins, and two years from now Jake will buy his mall back for 10 cents on the dollar.
     If you had $50,000 in gold coins in your 401-K, that money didn’t vanish, it simply changed hands.
     You got a 1000 shares in Starbucks, and Solomon Schultz got your gold.