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Title: i just thought of something! Post by: GriTBitS on December 10, 2013, 03:12:06 PM So everyone knows they pass the law about no bailouts for banks right. Well who owns most of the property out there. Banks do. What better way to buy up all these banks and there property for nothing. Have them fail do to the fact they arent making anymoney on fees. Most banks no longer hold there loans or mortgages they sell them. So where are they going to make there money when the FED is demanding payments on the money loaned to them. Or to even keep the lights on. They probably won't be able to pay. So it will be a F#ckin fire sale of the banks. But wait what banks own the FED,,, O yeah they will have unlimited loan power to buy up ever mom and pop bank out there. I think that happen in the early 1900s too. Don't quote me. Well it will be a circus that is for sure!
Any comments or disagreements or things to add that I might be wrong on. Feel free to add plz. |