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    The Great Banking Scam: Is the American Banking System Stealing Your Money?
    The Great Banking Scam: Is the American Banking System Stealing Your Money?
    The Great Banking Scam: Is the American Banking System Stealing Your Money?
    Ebook88 pages53 minutes

    The Great Banking Scam: Is the American Banking System Stealing Your Money?

    By Dueep Jyot Singh

    ()

    Read preview

    About this ebook

    Table of Contents

    Introduction
    The Great Credit Card Scam
    Interest Rates in China
    China Interest Rates
    Japanese Banking Interest Rates
    Japan Interest Rates
    UK Bank InterestRrates
    United Kingdom Interest Rates
    United States Interest Rates
    Middle East banking rates
    India Banking Rates
    India Interest Rates
    Buy Now Pay Later/Credit Cards
    During the Great Depression
    Debt Consolidation
    The Great Loan Scam
    The PayPal Interest Scam
    The Great Safe/Bank Locker Scam
    How Safe Is Your Safe?
    Conclusion
    Authors Bio
    Publisher

    Introduction

    I got this idea as an eye-opener about American banking processes and systems and their comparison with other systems all over the world, when I was speaking to my publisher, Mr. Davidson about the amount of interest being paid by American banks to their account holders.

    When he said 0.25%. I was shocked. Literally open mouthed.
    For a moment I thought 25%, which was pretty high and in keeping with the prosperous state of American finances and economy as seen through the rest of the world. But when I saw the decimal point, it was – I Do Not Believe That. In America? Not even 2.5%?

    The rest of the world looks up to America as one of the great financial leaders of the world. However, Americans do not know that for more than 250 years, they are being regularly stolen from, by their own bankers because naturally the bankers are not going to educate them or inform them about the unethical banking practices practiced down the generations, and they have been getting away with that with impunity.

    This book is an eye-opener, written by an ex-banker, So Friends, Brothers, Americans, lend me thy ears, I come not to praise your banking system, but to bury it.

    In this book, you are going to get to know all about America’s history of banking, this system’s encouragement of your reliance on credit cards, depth, consolidation, mortgage system, and other practices, which you have taken for granted because your parents and their parents and their parents did that.

    LanguageEnglish
    PublisherMendon Cottage Books
    Release dateFeb 28, 2016
    ISBN9781311337269
    The Great Banking Scam: Is the American Banking System Stealing Your Money?

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      Book preview

      The Great Banking Scam - Dueep Jyot Singh

      The Great Banking Scam

      Is the American Banking System Stealing Your Money?

      Dueep Jyot Singh

      Eye-Opener Series

      Mendon Cottage Books

      JD-Biz Publishing

      Download Free Books!

      http://MendonCottageBooks.com

      All Rights Reserved.

      No part of this publication may be reproduced in any form or by any means, including scanning, photocopying, or otherwise without prior written permission from JD-Biz Corp Copyright © 2016

      All Images Licensed by Fotolia and 123RF.

      Disclaimer

      The information is this book is provided for informational purposes only. The information is believed to be accurate as presented based on research by the author.

      The author or publisher is not responsible for the use or safety of any procedure or treatment mentioned in this book. The author or publisher is not responsible for errors or omissions that may exist.

      Our books are available at

      Download Free Books!

      http://MendonCottageBooks.com

      Table of Contents

      Introduction

      The Great Credit Card Scam

      Interest Rates in China

      China Interest Rates

      Japanese Banking Interest Rates

      Japan Interest Rates

      UK Bank Interest Rates

      United Kingdom Interest Rates

      United States Interest Rates

      Middle East banking rates

      India Banking Rates

      India Interest Rates

      Buy Now Pay Later/Credit Cards

      During the Great Depression

      Debt Consolidation

      The Great Loan Scam

      The PayPal Interest Scam

      The Great Safe/Bank Locker Scam

      How Safe Is Your Safe?

      Conclusion

      Authors Bio

      Publisher

      Introduction

      I got this idea as an eye-opener about American banking processes and systems and their comparison with other systems all over the world, when I was speaking to my publisher, Mr. Davidson about the amount of interest being paid by American banks to their account holders.

      When he said 0.25%. I was shocked. Literally open mouthed.

      For a moment I thought 25%, which was pretty high and in keeping with the prosperous state of American finances and economy as seen through the rest of the world. But when I saw the decimal point, it was – I Do Not Believe That. In America? Not even 2.5%?

      The rest of the world looks up to America as one of the great financial leaders of the world. However, Americans do not know that for more than 250 years, they are being regularly stolen from, by their own bankers because naturally the bankers are not going to educate them or inform them about the unethical banking practices practiced down the generations, and they have been getting away with that with impunity.

      This book is an eye-opener, written by an ex-banker, So Friends, Brothers, Americans, lend me thy ears, I come not to praise your banking system, but to bury it.

      In this book, you are going to get to know all about America’s history of banking, this system’s encouragement of your reliance on credit cards, depth, consolidation, mortgage system, and other practices, which you have taken for granted because your parents and their parents and their parents did that.

      But this is the 21st century, when the great American banking scam has to be exposed to the Americans who are banking their money with bankers at an interest rate which allows their bankers to give themselves a 200% pay rise/bonus when the rest of the country is in financial doldrums. And where did they get the money from, from you, your hard-earned money which you have placed in their saving banks. The interest and money, which you have been paying on the mortgages and loans you have taken out from them. Also, perhaps by auctioning the contents of your locker which was opened up by them because it was supposedly not operated within a given period of time and you did not read the small print when you took the locker that they could do whatever they want with the contents, if they did not know who the nominee/legal heir was.

      This book is also going to tell you about the history of banking and other parts of the world, and traditional banking systems, so think about it and wake up.

      American Historical Banking Background

      Let us start with some of the

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