Bankers have become Whale Gamblers with Depositor’s Money – Trillions could be lost.
Guest Opportunity: John Truman Wolfe — Former Banker, Global financial Expert and Financial Consultant to some of the biggest names in Hollywood. Wolfe is also a Best Selling Author of “The Coming Financial Crisis” & the newest book “The 99 Strongest Banks in America and Why it Matters” looks to follow!
-Wolfe sees a major banking crisis coming. Banking, he says, has devolved into a colossal Vegas-like casino and bankers have become the ultimate “whale” gamblers. The global banking system today has an estimated $1.2 quadrillion dollars in a kind of monetary heroin called derivatives – pseudo securities that Warren Buffet has called “Financial Weapons of Mass Destruction.”
Did you know…..If you had a job that paid you $1,000 per second; it would take more than 31 years for you to earn $1 trillion. A quadrillion is a thousand trillion. With $1.2 quadrillion dollars in derivatives held by financial institutions in the U.S. and abroad comes the question, “what happens when the derivatives bubble pops, which Wolfe says it will.
John Truman Wolfe shares his analysis of the extreme financial conditions at play behind today’s headlines and what to expect for the rest of 2018 and beyond.
Meet John Truman Wolfe
Wolfe has a Master’s degree with honors and draws on experience as a senior credit officer of banks in the San Francisco Bay Area and Beverly Hills. He is also the co-founder of a Los Angeles based business management company, where he oversaw the business and financial matters of some of the biggest names in Hollywood.
He is the Best Selling Author of The Coming Financial Crisis and What You Can Do About It. His other books include America the Litigious, Mind Games, The Gift , Ransom and has just released his latest shocking financial expose, “The 99 Strongest Banks in America and Why It Matters.
For more information – www.lulu.com/the-99-strongest-banks-in-america/paperback