Chart courtesy of Realities Watch.
If you were wondering how banks got “too big to fail,” here’s a good place to start. This chart shows us how, over the last couple of decades, 37 banks have became just 4 mega-banks. These same 4 mega-banks have, thus far, been immune to the consequences of any and all of their terrible decisions that places the entire world economy in jeopardy.
Why? Because we, the taxpayer provide government with the welfare they allocate to banks in the form of bailouts.
Our reward? Welfare cuts to the poor and tax breaks to big biz. Secret Deals like the TPP that kill entrepreneurs and ensure big corporations like Monsanto and Nestle will control food , land and water as farmers and real politicians that can't be bought become extinct. Hardly seems fair does it?
The four remaining banks are but an illusion, one ideologically aligned entity benifiting from the same circumstantial interests (therefore having almost identical agendas) working to create political positioning of key candidates, funding of key industries and creation of unions of centralized power and trade deals such as the alarming TPP which has cast such a menacing shadow of freedom and democracy in North America and Europe, which spills over into Asia, Russia, South America and Africa in military action designed to protect the resources so critical to their perpetuation, and to position their diplomats for geopolitical strategy.
Read more in detail about the connections in global finance in my related article HERE.