Banking 101 – 03.04.2016

The entire GDP growth since 2008 is a fraudulent construct. Global trade reported for 2016 to date is a disaster. More bad news for U.S. shale oil producers. The Chicago Purchasing Managers’ Index (PMI) plunged. Pending home sales sank 2.5%. The Dallas Fed Manufacturing Survey has fallen to the lowest reading since 2009. The U.S. corporate default rate has soared to the highest since December, 2010. The ex-head of the Bank of England says the eurozone is ‘a failed experiment’ and that another financial crisis is ‘certain’ to come. The system is losing control of money. More on the War on Cash. Banking 101. All of the economic and geopolitical fundamentals point to a Greater Depression and war.