I recently went into the only branch of my bank (HSBC) in the nearby town and found that the counters were closed; only 2 people running it where there used to be at least a dozen. Thought that might be due to the Rona. Today I got a letter to notify me that my branch in the nearest city was closing. There used to be several, now its down to one, as far as I can make out. I also got a call from my doctor's surgery inviting me to get the vaccine. No thanks, bye! Explains why the lockdowns are continuing as far as I can see.
The world is changing, Thank God for Trump. Stay strong patriots and keep praying!
While we're talking about HSBC....anyone remember what happened in 2008 to the banking/investment industry as it relates to mortgages and derivatives? It crashed and remember a bunch of banks dissolved as well as a few investment houses?
The Chinese got hurt the most and HSBC lost hundreds of billions. They owned a shit ton of the "paper". It makes sense that they would turn to money laundering to recoup the losses. Even though that was over a decade ago, it does have a bearing on today's status.