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Topic: Why we are dangerously close to complete, unstoppable bank collapse. (Read 109 times)

legendary
Activity: 4424
Merit: 4794
and within the first 2minutes 40 seconds he reveals the flaws.
as long as your not breaking government laws and causing harm, the government will leave you alone.

PMA's are not special contracts that void government laws. they are private contracts between people that work within government laws to make people conform to the terms of the offering/service the members club want to offer.

what you need to learn badecker is that a cult does not void government law. instead a cult forms a policy that its members should give up their worldly possessions to the leader. or they should bring their own beer or pay a fee if they want to drink at someones house. or they will not sue the witchcraft 'nurse' if the treatment doesnt work

seriously you seem to have fallen too deep into the freeman cult stuff, too deep. and it seems like you like the darkness and dont want to get out.
legendary
Activity: 3906
Merit: 1373
^^^ The whole scenario is different because of crypto and the development of PMAs. Crypto is so well developed basically, that there might be some 5,000 different altcoins worldwide. PMAs are so fully developed since the early 2000s, that all that is left is litigation when there is doubt regarding certain PMA activities. The PMA people who did the base work are at https://www.proadvocate.org/.

If any crypto dev makes an altcoin that combines his PMA with his crypto, he can make a crypto that is almost 100% outside of government regulation.


Private Member Associations Basic Training



Today we talk about Private Member Associations Basic Training going over Private Membership Associations terms, benefits, and pitfalls to avoid, in a Private Member Associations.

The video is about Private Member Associations Basic Training but also try to cover the following subject:

-How to start a private membership assoc

-Private education association

-What is a PMA


Private Member Associations Basic Training

https://www.youtube.com/watch?v=v1ACJjKOObU



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legendary
Activity: 4424
Merit: 4794
if you read the news over the last 14 years, of all the companies that dip into the pension posts to try keeping the company afloat at the last crisis, leaving the pension pot at a deficit to what it should have accumulated. you will see more of the problem

then if you look at all the 1980's pension contracts promising 'locks' where people get a pension equivalent to their final 3 year salary before retirement. even if they didnt set aside enough income for the first 37 years of employment due to them being on lower pay. you see more of the problem

when you then see the 1980's pension contracts basing estimates of what should be put in on the retirement age of 62 and average life expectancy of 72..(10 year retirement average) yet these days its 65retire and 85 life expectancy(20 years) you see more of the problem

then when you see that those that only put in enough for the 10 year plan, but then at retirement take out a lump sum equivalent to a 20year living cost. then leaves more empty holes which cant be filled for the ones that retire next.

yes some part of pension schemes are to have the yearly income of the young paying the yearly income of the old. that same year. but when people are taking out 20 years worth in a single year. it unbalances the books. and when companies syphon billions(equivalent to thousands of employees) that leaves the bigger holes in the books

there is only so many times they can rob peter to pay paul to try delaying the inevitable

you just need to google 'pension deficit' and see the thousands of results of company syphoning and bad management and badly calculated plans from the 1980's that cant be met now that those people are reaching 65
hero member
Activity: 1708
Merit: 553
Play Bitcoin PVP Prediction Game
evergrande's 'debt' is not $1.2trillion.. nor $120billion.. nor $12billion... but 10% of $1.2billion.
basically $120million

this debt is not a 'loss' to investors but just a non payment of interest.
this non payment of $120mill in interest is not to one institution. but a few. meaning each one has only 'lost' out on a portion of(less than) $120m

no bank is going to collapse because of under $120m loss of potential free money in the form of interest.
banks dont collapse just because some property manager defaults on mortgages of just say 100x $12m mansions. if that were the case LA or NY would have killed america already a thousand times over
..
the real next financial collapse will be in the pensions industry.


That makes the most sense to me as well. The population is aging when pension levels are supposed to at least be stable. Mathematically that can't work out. Now that inflation is on the rise many older people can't afford their basic living expenses. So pensions have to constantly increase over time. Increasing pensions along with an aging population are the perfect ingredients for an imminent crash of the pension industry.
legendary
Activity: 4424
Merit: 4794
evergrande's 'debt' is not $1.2trillion.. nor $120billion.. nor $12billion... but 10% of $1.2billion.
basically $120million

this debt is not a 'loss' to investors but just a non payment of interest.
this non payment of $120mill in interest is not to one institution. but a few. meaning each one has only 'lost' out on a portion of(less than) $120m

no bank is going to collapse because of under $120m loss of potential free money in the form of interest.
banks dont collapse just because some property manager defaults on mortgages of just say 100x $12m mansions. if that were the case LA or NY would have killed america already a thousand times over
..
the real next financial collapse will be in the pensions industry.
legendary
Activity: 3906
Merit: 1373
This isn't even funny at all. Research Evergrande through searches. Banking is pretty big around the world. But its crash will come fast. Keep your eyes and ears open. When crypto takes off fast and big, sell it and get your money out fast. Immediately use your money to buy land with water, tools, food, and basics of life. Nobody knows how long money will hold value among the people after the banks crash.


CNN demands killing healthy trees to save the planet; Evergrande collapse risks global financial chaos



Evergrande is collapsing, and the world’s fake news media is conspiring to cover up the unstoppable financial catastrophe that’s being unleashed

An excellent analysis article from Encouraging Angels reveals that Evergrande’s so-called last-minute “bond payment” may never have happened. There appears to be a coordinated media cover-up to pretend that Evergrande is paying bond holders when it actually isn’t.

At stake is the financial solvency of over 120 large financial institutions and banks, including Blackrock, Fidelity, HSBC and many more. A total collapse of Evergrande’s ability to make payments on its debt obligations would send financial shockwaves across the planet and may lead to a global financial meltdown, according to Dr. Metzler (below).

“The bankruptcy of the dangerously lurching developer is merely the first stage of a financial chain reaction that such a bankruptcy is likely to trigger,” concludes Dr. Marco Metzler in a public announcement.

He goes on to paint an ever darker picture of where this all may be headed: (emphasis added)

In addition, an Evergrande bankruptcy is likely to significantly slow down Chinese economic growth. The economic problems in China will then become even more apparent. Keywords: energy and raw material shortages, plant and port closures, and the over-indebtedness of the state, companies and private individuals. The debt ratio is already 230 percent of the country’s annual economic output. “This could have devastating consequences for the global economy. Supply chains would be put under even greater strain than they already are today – if they don’t break completely,” predicts report author Marco Metzler. This, in turn, would then inevitably lead to galloping inflation in the USA and Europe.

In the view of the report authors, a bankruptcy of Evergrande has the potential to lead to extreme disruption of the global financial system – with bankruptcies of players that are still considered rock solid today. “Triggered by a Chinese financial virus called Evergrande, the world may be facing a ‘Great Reset’ – the final meltdown of the current global financial system,” Dr. Marco Metzler pessimistically concludes.

If Metzler is correct, the financial collapse is already a factual event, and it’s only a matter of time before media lies and official propaganda can no longer hide the truth from the world. A cascading debt collapse could ripple across the planet at the speed of digital news, leading to a debt bomb contagion that would burn through highly-leveraged financial institutions like a napalm through toothpicks.

Stan Szymanski writes:

...


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