Shocking development as Bank of Montreal bundles uninsured mortgages; a first for Canadian bonds!
Published on Apr 20, 2017
BMO is doing exactly what banks did in the U.S. 2005-2008 leading up to the housing bubble burst and recession.
Collateralized debt obligations (CDO) basically means that banks are selling packages of almost entirely bad mortgages. Included in the packages are a few good mortgages that allow them to rate the packages by the top two or three loans, then sell them to unsuspecting people who end up in debt.
Market manipulation is starting to hit its peak in Canada. As housing bubbles in Toronto and Vancouver grow to all time highs and cause massive instability, it’s important to get out of the system. People are much better off decentralized and insured with sound money instead of thinking their house is an asset or piggy bank.
How The Shadow Banking System Plans To Create A Global Currency With Blockchain
Josh Sigurdson and author John Sneisen talk with derivatives and economic trend expert Stephen Kendal for a presentation that may just change the way we look at the world.
Stephen breaks down step by step how central bankers intend to impose a world currency on the populace using blockchain derivatives. This in-depth analysis unmasks manipulation and control by few at the expense of many; a must see and must share because facts can spur positive change in trajectory.
Stephen Kendal explains derivatives and different types of derivatives. From there, he moves on to basic mortgage loans, bundled loans, S.P.E. (Special Purpose Entity) or S.P.V. (Special Purpose Vehicles), mortgage-backed security (M.B.S.), collateralized debt obligation (C.D.O.), credit default swap (C.D.S.), and other types of derivatives. Stephen wraps everything up by explaining blockchain technology and future implementation of blockchain by central bankers.
It’s up to each of us to spread the word so that more people cooperate and take wise action to hold banksters accountable rather than allow them to capitalize on their lack of accountability.
Doreen Ann Agostino
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