Messages from 5220 to 5279
|Subject:||Re: [socialcredit] How To Start A Bank?|
|Date:||Tuesday, February 19, 2008 19:06:30 (+0100)|
|From:||Per Almgren <almgren_per @.....com>
|In reply to:||Message 5263 (written by Eric Encina)|
Eric Encina skrev:
If you don't have a lot of
money to spend, you should not start a bank at all. If you want to
create financing possibilities for people that don't get affordable
financing from existing banks, start to create an organization that
works with (low) risk capital, not savings. I once started 40 years ago
with the establishing of what now has become the JAK Members Bank in
Sweden, and if I sum up my experiences, you should avoid to become so
tied up with a to heavy overhead that is unavoidable for a bank at the
To all Concerned To Banking & Money Problems:
While I was waiting the result of my follow up of job here in
Metro Manila with my fellow desperate Filipino job-seekers, I got
information like this. What do you think?
Can we start your own bank Philippines
like this in the USA? Is this also okey in Canada or in UK or elsewhere?
I hope to be ready with a couple of recommendations in that field
within a month or two. There
are several people in different countries that are asking for it.
It says how is how it works in the U.S. I wonder if this can
be possible in the Philippines and I have to find out what would be
the requirements in the Philippines? This
could be rather exciting idea. It says here that a bank can be
possible without Federal Reserve control. I am not sure. I have to
But is this another ploy of the banking system to dissuade or
confuse us again and then later mislead us to another banking tragedy
Eric V. Encina
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