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Reply #1: Banking Industry as a whole
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Evergreen2U
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Sat Dec-08-07 03:10 AM
Response to Original message |
1. Banking Industry as a whole |
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The entire World Banking Industry is slowly crumbling after the last 20 years of pyramiding debt. If we all went to the bank to take our money out they couldn't give it to us. It isn't there. The banks only keep 10% per Federal Reserve and then lend the rest out.
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