Use access key #2 to skip to page content.

alstry (36.18)

Soon Banks Will Be Irrelevant

Recs

7

May 26, 2011 – Comments (4)

In a world of Digital Money....there really is little functionality for banks as we know them.....

http://www.pcworld.com/article/228715/google_wallet_what_to_expect_at_googles_nfc_event.html

It is why banks are behaving so fraudulently...the system is bankrupt and the game keeps going on until enough are fed up with the nonsense of rising food and fuel prices and collapsing wages and jobs.

Forecasting the transition is easy....it will either be physical conflict or economic collapse.

Now it is only a question of which one....

4 Comments – Post Your Own

#1) On May 26, 2011 at 10:25 AM, alstry (36.18) wrote:

As corporate profits dry up because of rising food and fuel prices....expect anger and frustration to rise....

which will set a fertile foundtion for advancing into the Digital Age as the Industrial Age collapse right before our eyes...

Report this comment
#2) On May 26, 2011 at 10:50 AM, buffalonate (95.05) wrote:

In the past few years I have seen at least 5 new banks built near me and I have not seen any of them shut down.

Report this comment
#3) On May 26, 2011 at 11:34 AM, alstry (36.18) wrote:

In the past two years....hundreds of banks have gone bankrupt;)

Report this comment
#4) On June 02, 2011 at 11:39 AM, chk999 (99.97) wrote:

Given that a digital wallet only takes care of the check clearing function, which is not where a bank makes money anyways, what has this got to do with the price of wheat on Venus?

Banks will be around long after all our grand-children are dead of old age. 

Report this comment

Featured Broker Partners


Advertisement