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- 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. The host criticizes Congress for failing to prevent these foreclosures, thereby missing a critical opportunity to alleviate the crisis.
Moreover, the discussion expands to how banks like Citibank financed both sides of major wars, including the World Wars. The video mentions the Union Banking Corporation, associated with Prescott Bush, George W. Bush’s grandfather, which maintained business ties with enemy entities during wartime. These examples illustrate the banks’ willingness to profit from global conflicts regardless of the ethical implications.
Looking forward, the host promises a more in-depth analysis of the roles of governments, cartels, corporations, and hedge funds in future episodes. He encourages viewers to conduct their own research on these topics. Furthermore, he announces a shift to Discord as their primary social media platform to continue engaging the audience in these critical discussions.
The exploration into big banks’ historical and ongoing influence offers viewers a foundation to understand the complex dynamics that continue to shape economic and political landscapes globally. The video prompts further exploration and discussion among viewers, encouraging them to look beyond conventional narratives and understand the deeper implications of financial power on a global scale.
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