The Great Taking - Senior Claims Examined - 2/4
Today we’re diving into the nitty-gritty details of those elusive ‘senior claims’. Remember how in part one we discussed the shocking revelation that you don’t actually own your stocks and bonds?
Yeah, that was a shocker for me too.
Instead, you’re just a subordinated claimant with a neutered position as the holder of a ‘security entitlement.’ It’s like you’re forced to play blackjack because the Federal Reserve has made it its mission to slowly destroy the value of your savings via inflation, but there are other people seated at your table who can bet massive amounts secure in the knowledge that if they lose their chips tey can always reach over and help themselves to yours. Bizarre, right?
But hang on, it gets even more intriguing. Those senior claims? They’re mostly held by the big boys – the major banks and financial institutions.
Join the Conversation: https://peak-prosperity.com/GTPart2
Continuation to part 2 found here: https://peak-prosperity.com/GTSolutionsPrt2
Join the Conversation (and download the audio book) here (Free): https://peak-prosperity.com/GTDeepDive1
Continuation to Part 1 found here: https://peak-prosperity.com/GTContinued1
Original David Webb interview that kicked this research off found here:
Part 1 (Free): https://peak-prosperity.com/DWebbP1
Part 2 (Free): https://peak-prosperity.com/DWebbP2
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