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Bankster Fantasy: FIVE YEARS Until LIBOR is Replaced

Monday, September 10, 2012 12:40
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

silvergoldbull.com / By Jeff Nielson / September 8, 2012 5:32:33 PM EDT

When you belong to a small cabal which has stolen more in a few short years than all the rest of our entire species, throughout all of history, combined; you learn to “think big” – and apparently “dream big” as well. This is the only possible reason which I can come up with for the trial-balloon floated by the banker-mouthpieces of Bloomberg. The fantasy? That the world would tolerate up to five more years of LIBOR fraud.

For those who have somehow remained oblivious to History’s largest financial scandal, and History’s single-largest crime; here’s a brief summary. The most commonly-used global interest rate is known as the London Inter-Bank Offer Rate, or LIBOR. It is the basis for (according to the banksters) up to $500 trillion in global commerce.

Given that the entire global economy is only $60 trillion in size (by GDP), obviously most of the LIBOR-based transations are in the banksters’ own $1.5 quadrillion (rigged) casino – the derivatives market.

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Thanks to BrotherJohnF



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