Vienna 04/22/2023
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It happened 111 years ago when the passenger liner Titanic – the largest ship of the time – sank after hitting an iceberg on its maiden voyage across the Atlantic. 1,514 of the more than 2,200 passengers and crew were killed. It was one of the largest and most famous maritime disasters.
Many of the world’s top bankers and financiers traveled to the United States aboard the Titanic, invited by American financial oligarch J.P. Morgan, owner of the Titanic. Shortly before the ship’s departure, Morgan canceled his participation on the cruise and thus survived, unlike the invited bankers. It was these powerful financiers who stood in the way of J.P. Morgan’s plans to set up a private US Reserve Bank. A year after the Titanic disaster in 1913, the Federal Reserve System (FED) was created, which still exists today.
In this way a world banking system was created which is collapsing before our eyes. It is true that the US is not the whole world. However, given the long-term dominance of the US dollar, the Fed’s formation and policies had a very large impact on the fate of the entire world.
Author of the article: Marek Wojcik