An investigation has taken place into the elitism that occurs behind the scenes of the American banking system.
Most of the big names you hear about in American banking are linked to those in business, keeping each other in the financial loop.
Global billion dollar company JP Morgan were found to be in cahoots with General Dynamics, the biggest manufacturing company in the world.
Even more deceitful still, is that French banking giant BNP was linked with global pesticide producer Monsanto. Barclays’ Absa Group were found to be linked with certain nations in South Africa.
While some foreign policies may seem strange to regular citizens, the dealings that occur between countries behind the scenes are what really drives the global economy as ‘friend’s’ help each other out.
The Deutsche Bank has been under fire from the U.S government recently, being threatened with a fine of $14 billion but if you dig a little deeper, it may become apparent that their close relations with the Middle East might have something to do with it.
Hilary Clinton threatened in 2014 “Will our traditional allies in Europe and East Asia step up and share the responsibilities of upholding a global order under pressure from so many fronts?”
Global bank Barclay’s also came under fire with their rigging of the interest rates that occurred between banks that lent to each other.
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