Page 198 - THE PATH
P. 198

Banks are nowadays the most profitable legal businesses
            in the whole world. In the past, it was well known, banks

            used to give 5, 6 or 7 percent annual interest to citizens’
            savings. Banks invested the money of the people as loans

            to companies and individuals. The annual interest rates on

            loans were 9, 10, 11 or 12 percent and it lasted for years.
            The logic of the banks’ operations was relatively normal.


            What is happening today? Annual interest rates on
            citizens’ savings is about one percent while  the interest

            rate to allocated money from these savings deposits
            remained the same or slightly decreased. Banks

            worldwide became usurious companies and mortgaged
            people’s property. What did they get? Foreclosed

            properties are sold at denominated value. This problem

            was not addressed by anyone. Both governments and
            oppositions disregarded it.


            People are constantly under pressure and their natural,
            innate feelings are being violated and crashed.

            A friend of mine recently told me my first book was rather

            crude, implicating that I should be more sophisticated in

            my second book. I did not comment because everyone is
            entitled to their own opinion, but this only confirmed my

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