The Great Banking Scam: Is the American Banking System Stealing Your Money?

Business & Finance, Finance & Investing, Banks & Banking
Cover of the book The Great Banking Scam: Is the American Banking System Stealing Your Money? by Dueep Jyot Singh, Mendon Cottage Books
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Author: Dueep Jyot Singh ISBN: 9781311337269
Publisher: Mendon Cottage Books Publication: February 28, 2016
Imprint: Smashwords Edition Language: English
Author: Dueep Jyot Singh
ISBN: 9781311337269
Publisher: Mendon Cottage Books
Publication: February 28, 2016
Imprint: Smashwords Edition
Language: English

Table of Contents

Introduction
The Great Credit Card Scam
Interest Rates in China
China Interest Rates
Japanese Banking Interest Rates
Japan Interest Rates
UK Bank InterestRrates
United Kingdom Interest Rates
United States Interest Rates
Middle East banking rates
India Banking Rates
India Interest Rates
Buy Now Pay Later/Credit Cards
During the Great Depression
Debt Consolidation
The Great Loan Scam
The PayPal Interest Scam
The Great Safe/Bank Locker Scam
How Safe Is Your Safe?
Conclusion
Authors Bio
Publisher

Introduction

I got this idea as an eye-opener about American banking processes and systems and their comparison with other systems all over the world, when I was speaking to my publisher, Mr. Davidson about the amount of interest being paid by American banks to their account holders.

When he said 0.25%. I was shocked. Literally open mouthed.
For a moment I thought 25%, which was pretty high and in keeping with the prosperous state of American finances and economy as seen through the rest of the world. But when I saw the decimal point, it was – I Do Not Believe That. In America? Not even 2.5%?

The rest of the world looks up to America as one of the great financial leaders of the world. However, Americans do not know that for more than 250 years, they are being regularly stolen from, by their own bankers because naturally the bankers are not going to educate them or inform them about the unethical banking practices practiced down the generations, and they have been getting away with that with impunity.

This book is an eye-opener, written by an ex-banker, So Friends, Brothers, Americans, lend me thy ears, I come not to praise your banking system, but to bury it.

In this book, you are going to get to know all about America’s history of banking, this system’s encouragement of your reliance on credit cards, depth, consolidation, mortgage system, and other practices, which you have taken for granted because your parents and their parents and their parents did that.

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Table of Contents

Introduction
The Great Credit Card Scam
Interest Rates in China
China Interest Rates
Japanese Banking Interest Rates
Japan Interest Rates
UK Bank InterestRrates
United Kingdom Interest Rates
United States Interest Rates
Middle East banking rates
India Banking Rates
India Interest Rates
Buy Now Pay Later/Credit Cards
During the Great Depression
Debt Consolidation
The Great Loan Scam
The PayPal Interest Scam
The Great Safe/Bank Locker Scam
How Safe Is Your Safe?
Conclusion
Authors Bio
Publisher

Introduction

I got this idea as an eye-opener about American banking processes and systems and their comparison with other systems all over the world, when I was speaking to my publisher, Mr. Davidson about the amount of interest being paid by American banks to their account holders.

When he said 0.25%. I was shocked. Literally open mouthed.
For a moment I thought 25%, which was pretty high and in keeping with the prosperous state of American finances and economy as seen through the rest of the world. But when I saw the decimal point, it was – I Do Not Believe That. In America? Not even 2.5%?

The rest of the world looks up to America as one of the great financial leaders of the world. However, Americans do not know that for more than 250 years, they are being regularly stolen from, by their own bankers because naturally the bankers are not going to educate them or inform them about the unethical banking practices practiced down the generations, and they have been getting away with that with impunity.

This book is an eye-opener, written by an ex-banker, So Friends, Brothers, Americans, lend me thy ears, I come not to praise your banking system, but to bury it.

In this book, you are going to get to know all about America’s history of banking, this system’s encouragement of your reliance on credit cards, depth, consolidation, mortgage system, and other practices, which you have taken for granted because your parents and their parents and their parents did that.

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