No More Mortgages and No More Banks
So many moving parts in the real estate market.
People talk about a possible housing collapse, but they rarely talk about the real estate market failing in every part. However, that is what is happening.
The bankster's rule is ending. And it isn't just crumbling around the edges. Like a towns people would do back at the start of America, if a tax collector got to uppity, the towns people would go and take their house apart, each person carrying off a brick. Nothing was left.
Today, everything that the banksters have their hands in, is just going to stop supporting the banksters. These mother WEFers think they have everything in their grasp, but they do not realize that what they hold is already gone. Their conniving plans have failed, but they will continue with their plans, because that is all they can do.
The banksters are going to destroy mortgages. Not just making them hard to get, but the entire notion. Everything about mortgages will no longer be considered to be tolerable.
Mortgages are evil
Mortgage - A french word. Morte = death, Gage = note. A death note, or you will pay until you are dead.
"He bought the farm" - A colloquial term meaning the farmer passed away. And so, he finally finished paying the mortgage.
To make things even more evil, with fractional reserve lending, the bank doesn't actually give anything in consideration of the contract made. The bank, quite literally, creates money out of thin air. (actually they steal a penny from each dollar near the bank) The bank gets a house, a promise to continually pay, and a promissory note (equal to the value of the mortgage) and all they did was wave their hands over their keyboard.
Yes, you read that correct. The bank gets paid three times. And they gave away nothing but air. (the problem for the bank is it needs to keep up the charade of matching inflows to outflows, else the bank is shut down. Else the bank could care less if the mortgage was repaid. They already got everything)
The Big Bankster's Plans
The Big Banksters are planning to destroy all the little banks and close all the medium sized banks. They no longer need so many branches and people to service all the people. They are planning to move to a digital currency. So, why not get rid of all the troublesome and meddlesome bank staff. And why share the profits with a bunch of tiny banks? Get rid of it all.
The Big Banksters are planning to reduce the number of banks in The US to about five.
This will drastically reduce the average person's ability to get a mortgage, because instead of many companies to play off each other, there will be only a handful, and they will probably be in lockstep about who is qualified.
Further, these mother WEFers want to own all the real estate, and just rent it to people living in 15 minute open air prisons. This means they are going to restrict mortgages to only those upper class people they deem suitable.
So, to recap, the Big Banksters want an even more lucrative arrangement than a mortgage, and they don't want to share any of the profits with the little people. They want to go back to the days of serfdom. Or slavery, as long as they can make sure their capital (you slaves) is perfected. (no running away, no losing them to others…)
The end of mortgages
The most horrifying thing imaginable to the banksters will happen! People will see through their shenanigans.
A mortgage is such a one sided contract. The banksters not giving any consideration in the contract is already bad enough, but its worse. The banksters demand that you pay in dollars (currency) which they control and can manipulate its availability. Imagine a wheat farmer. In order to pay, he has to grow the wheat, harvest the wheat, transport the wheat and sell the wheat to get dollars to pay the banks. Why must he do all those things. Be expert in all those fields, when he should just be a farmer. This is the banks putting all the onerous onto the client. Further, the person getting the mortgage must hope they never have a bad year in 30 years. This is unheard of. Everyone has highs and lows. Again, the banks put all the onerous on the client. Instead, the banks should be in the same boat as clients. If it is a bad year, it is a bad year for all.
The banksters have been taking advantage of everyone for far too long.
Now, the banks are going to have to deal with so many foreclosures that they will never get to them all. AND, people having seen through the banks evil ways, are going to start ignoring them when they come to say they own the house. And there will be so many empty houses. The banks will lose everything.
Further, we will give up on the concept of the "Real Estate". The king doesn't own it. And the states don't own it either, and we should not pay taxes for daring to want a roof over our beds.
The banksters are trying to set up a squeeze to where the people have to fall in line, and become their serfs. But this same line leads to the people just abandoning the entire real estate, mortgage, property tax set up. Instead of gaining more, they lose everything.
People in the future will recognize that the children will need a place to live as they reach maturity, and will build them such. No mortgage, no owing money, no one who can come foreclose on the place.
Banks and banksters will be SOL.