“Revenue rose 64% to just over $20bn ($16bn) as net interest income shot up on the back of the interest rate increases.
UK rivals NatWest and Barclays have already reported a similar benefit as central banks continue to bear down on soaring inflation.”
Are y’all starting to see the bigger picture yet?
#ClassWarfare
Deutsche Bank: A major recession is coming and our view is that the only way to minimize the economic, financial and societal damage of prolonged inflation is for the central banks to increase interest rates.
When the Federal Reserve increases interest rates under the guise of minimizing #inflation, it’s to prop up wealth among the wealthiest by making conditions for workers worse and to increase unemployment in an effort to lower wages by reducing their bargaining power.
There’s a big club among the wealthy elites and you ain’t in it!
The question remains: Are you “Suckers and losers” going to raise up or continue to be “Suckers and losers” by not organizing?
“Forget the politicians. The politicians are put there to give you the idea you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land, they own and control the corporations that've long since…
bought and paid for, the senate, the congress, the state houses, the city halls, they got the judges in their back pocket, and they own all the big media companies so they control just about all of the news and the information you get to hear. They got you by the balls.
They spend billions of dollars every year lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else. But I'll tell you what they don't want. They don't want a population of citizens capable of critical thinking.
They don't want well informed, well educated people capable of critical thinking. They're not interested in that. That doesn't help them.” - George Carlin
🧵
It’s not just about Trump. The corporatists are fine with settling for someone like DeSantis, Biden, or Newsom. They’re ok with anyone who will help advance their agenda.
Choosing the lesser of two evils is just a slower path to a totalitarian police state.
“One of the greatest lessons of the past five centuries in Europe and America is this: Acute crisis contributes to boosting the power of the state …major crises have always further consolidated the power of the state...” - Klaus Schwab, COVID-19: The Great Reset
#StopCopCity
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