“a book written about the scheme of central bankers to subjugate humanity by taking all securities, bank deposits, and property financed with debt.”
The book appears to make a compelling case (using excerpts from recently updated national securities regulations) that “ownership” of securities has been systematically subverted on a global scale.
If incorrect, relevant law should be simple to cite. If correct — then it indicates an extremely worrisome development.
The prologue comes off as scatterbrained and emotional; I suggest skipping forward to the introduction. Author is a former securities manager whose basic thesis is that international harmonization in securities trading has led to the creation of a superclass of secured creditors who have first call on all assets in the event of a credit crunch, to the detriment of retail investors who are relegated to the status of unsecured creditors. Author argues that the financialization boom of recent decades is essentially a covert wealth transfer scheme in which title any assets you don't have physical custody of has essentially become meaningless, and that supervising financial authorities can reallocate title by fiat.
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[ 3.2 ms ] story [ 21.4 ms ] threadThe book appears to make a compelling case (using excerpts from recently updated national securities regulations) that “ownership” of securities has been systematically subverted on a global scale.
If incorrect, relevant law should be simple to cite. If correct — then it indicates an extremely worrisome development.