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197
FYSA (media.greatawakening.win)
posted 2 years ago by dudehat 2 years ago by dudehat +197 / -0
24 comments download share
24 comments share download save hide report block hide replies
Comments (24)
sorted by:
▲ 20 ▼
– LRAD 20 points 2 years ago +20 / -0

This is far ahead of the "news". Just search Santander Bank. Read the articles. The collapse has happened and people just don't know it. Welcome to the forefront of the battle Frens!

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▲ 3 ▼
– onetimeuser 3 points 2 years ago +3 / -0

Anywhere to point us to for articles or press releases? Surely something should be online

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▲ 4 ▼
– HolySmokes 4 points 2 years ago +4 / -0

https://archive.is/wDzXM

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▲ 18 ▼
– Woodinleg 18 points 2 years ago +18 / -0

Santander is the worst of the predatory usury lenders. Having worked in auto sales, a Santander loan usually includes a GPS transponder installed with ignition kill switch, spare keys are retained as a loan stipulation, loans often are state limit high interest rates and an origination fee that can be several points of the sale price. Example: a customer with horrible credit is told which car they can buy. Then the car is discounted to wholesale cost and the loan origination fee is then added. Verified contact list is then gathered with the names of next of kin, friends, employers, complete with addresses, phone numbers, etc. Spare keys are sent to the bank with the title and loan packet. So if you buy a $18000 car, it is discounted to $14000. The origination fee is added maybe $5000 for a total financed amount of $22000 after fees, tax, tag, title, dealer fees. Then add 22-26% interest rate. It's the kind of loan a guy with a broken nose and a penchant for combining Louisville sluggers and knee caps would feel bad about making. They prey upon military members, the poor credit cases, and other bad luck types. They are the lender of last resort. We jokingly called them tertiary finance. I don't know the stats but I estimate 85% of their loans end in repossession.

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▲ 11 ▼
– Nurarihyon_no_MAGA 11 points 2 years ago +11 / -0

Wow, shit is gonna hit the fan soon

The Precipice is in sight

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▲ 7 ▼
– LRAD 7 points 2 years ago +7 / -0

It already has happened. The world just isn't privy to it because the MSM is participating in acts of omission and won't report on it.

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▲ 3 ▼
– deleted 3 points 2 years ago +3 / -0
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– Mar-0 7 points 2 years ago +7 / -0

Wait until people figure out what fractional reserve banking is. There was never any money until you paid it to them.

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▲ 4 ▼
– MissBear 4 points 2 years ago +4 / -0

Q: Why are so many banks allowed to make bad investments? I knew the stockmarket is a casino, but banks should not function that way.

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▲ 3 ▼
– someredguy 3 points 2 years ago +3 / -0

Zero (or near zero) interest messed up a lot of things. To earn any interest, you had to go with riskier investments.

There used to be fractional reserve requirements, too. 10%. Now it is zero. There is no requirement to have ANY reserves for the deposits.

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▲ 4 ▼
– PrometheusXVII 4 points 2 years ago +5 / -1

Santander... Satan nerd... Yup seems bout right.

Their logo is a flame. Can't make that shit up.

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▲ 3 ▼
– BetterNameUnfound 3 points 2 years ago +3 / -0

It's a real surname. There was a baseball player named Santander.

Though he pronounces it "sahn-tahn-dair" for some reason.

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▲ 3 ▼
– horseyPatriot 3 points 2 years ago +3 / -0

I think this ties to the post yesterday about Michael Gill saying that NH was the headquarters for all of the cartel. It also involved auto financing IIRC. Note that this bank was primarily a NE bank but then went international, including Mexico.

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▲ 1 ▼
– special1ntere5t 1 point 2 years ago +1 / -0

In the UK Santander is the successor to Alliance & Leicester which bought out National Girobank in the 1980s. National Girobank was the government bank set up to pay out government welfare and “dole” checks to people. When the UK govt privatized it A&L bought it out and the subsequently Santander. https://www.theguardian.com/money/2003/jul/07/business.postalservice

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▲ 2 ▼
– special1ntere5t 2 points 2 years ago +2 / -0

This is interesting because they are recruiting a lot - been sent job ads for there and been invited to apply to be part of their fraud team. Our mortgage is also with them but I read somewhere that Santander has stopped offering mortgages now which is huge and has been very quietly done.. watching with interest in light of all the Nesara/Gesara stuff - I’m wholly exceptional of all that but who knows??

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▲ 2 ▼
– UnbreakablePatriot 2 points 2 years ago +2 / -0

Great. All of our savings and checking are in multiple accounts with them. How true and how fucked are we?

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▲ 2 ▼
– Make_It_So 2 points 2 years ago +4 / -2

I was skeptical. Then I did some research. This bank does not have near the footprint that the screenshot suggests. it seems, from looking at a snapshot of their numbers, smaller than the banks that just failed. Therefore, it was also untethered from the regulations that keep much larger institutions from doing stupid things.

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▲ 9 ▼
– Mr_A 9 points 2 years ago +9 / -0

Santander is a bank that owns many other banks. In many of the countries, the name on the front is not Santander. Depending how you count it, they are between #10 - 20 in the world. Wikipedia may not be the best source, but for approximate stuff like this it's pretty good. https://en.m.wikipedia.org/wiki/List_of_largest_banks

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▲ 2 ▼
– onetimeuser 2 points 2 years ago +2 / -0

I feel ashamed to have been bullish in xrp years ago because of the clout it got when this bank had a stake in it

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▲ 2 ▼
– USA1st_Guy 2 points 2 years ago +2 / -0

ISO20022 goes live tomorrow. 11,000 banks worldwide. pssst lil ole xrpl will be used. I'm sorry you gave up fren.

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▲ 1 ▼
– onetimeuser 1 point 2 years ago +1 / -0

Yeah I had faith in them for a long time. Was even a top 5% holder. But the last year and a bit have changed my opinion on trusting the regulatory standards

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▲ 1 ▼
– special1ntere5t 1 point 2 years ago +1 / -0

https://www.bankofengland.co.uk/payment-and-settlement/rtgs-renewal-programme/consultation-on-a-new-messaging-standard-for-uk-payments-iso20022

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▲ 1 ▼
– lash 1 point 2 years ago +2 / -1

Have you read the bitcoin whitepaper?

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▲ 2 ▼
– onetimeuser 2 points 2 years ago +2 / -0

Yes I have. Have had changing stances over the years as I've come to understand the space and what's at stake a lot more. Monero and it's like are the future

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