Global Economy: Banking crisis could trigger global financial meltdown – ANZ
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Video & Audio: Jews wage War on Whites using Herd Methods
I discuss Whites as Herds, and how Whites in the White Right behave. I also look at what Jews do to Whites to harm the natural herd behaviour of Whites. I tell the story of a guy here in South Africa who became extremely popular when he tackled the issue of crime, and what happened to him.
The head of ANZ bank has said it is too early to forecast an end to the financial turmoil
Banking crisis could trigger global financial meltdown – ANZ
The threats facing some banks in the US and Europe have the "potential" to trigger a global financial crisis, the CEO of Australia and New Zealand Banking Group (ANZ), Shayne Elliott, warned on Monday.
Governments around the world are highly concerned about the fallout, which has already shaken investor confidence in certain segments of the banking industry.
Elliott said it was premature to assume the current situation could result in "another GFC [global financial crisis]" like the one that sent the world economy into recession in 2008, but challenges being faced by US and European banking sectors could have a negative impact globally.
"We shouldn’t be surprised that things like this happen, it’s a crisis for some obviously, but is it a financial crisis? Who knows. Does it have the potential to be one? Yes, it does have the potential," Elliott said.
Economists rate Australia’s banking sector as resistant to global volatility, as its banks are well-capitalized and have robust liquidity. At the same time, the country’s regulator has tightened control and monitoring of domestic lenders following the collapse of several US institutions and an emergency takeover of Credit Swiss.
Meanwhile, the ANZ CEO has warned Western financial institutions against wishful thinking about a quick recovery, saying that "it’s clearly not over."
"I don’t think you can sit here and say, ‘Well, that’s all done, Silicon Valley Bank and Credit Suisse and, you know, life will go back to normal’. These things tend to roll through over a long period of time," he concluded.
Source: https://www.rt.com/business/573693-global-financial-crisis-warning/
Who are we? Boers or Afrikaners? Answer from Dr Mike Du Toit
I had someone write to me about the topic of Boers versus Afrikaners. I decided to approach Dr Mike Du Toit, who was the leader of the Boeremag, and who is a professional academic who is very well versed in our history to answer this. Dr Du Toit not only knows our history in South Africa but also our history in Europe. This was his answer.