- Major banks influenced critical financial crises, including the 1930s Great Depression and 2008’s mortgage fallout.
- Banks like Citibank profited from financing both sides during the World Wars.
- BitBoy criticizes Congress for not acting during the US foreclosure crisis, linking it to current homelessness.
A recent YouTube video delves into the controversial history of major banks like JPMorgan Chase and Goldman Sachs, alleging their involvement in numerous financial crises and asserting their influence over governments and society.
The host details how these financial institutions have been associated with numerous crises and atrocities, including corruption, war, slavery, and political interference. Their control and manipulation tactics contributed to the Great Depression in the 1930s and the 2008 subprime mortgage crisis. Despite their controversial involvements, these banks have continued to prosper and wield substantial power in the global financial market.
Additionally, the video explains the banks’ roles during the U.S. foreclosure crisis, where around 500,000 properties were foreclosed, a number that starkly parallels the current homeless population…
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