[Double Post] Big Banks+Little India

Harrison Ford once said, “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

Oh, how true this statement is.

If you like banks and do not wish to know why I hate them, stop reading now.(Passive aggressive, I know ;))

If you want to know why I hate banks and believe they have exploited the world’s economy and all social classes, then continue reading.

I recently watched an insightful Goldman Sachs Documentary on Netflix, which essentially taught me what I already knew: banks run the world.

On our Singapore boat tour, I got quite a beautiful panorama photo of some skyscrapers. The only unfortunate part is that I realized all the tallest buildings in the area, one taller than the next, were banks.

Everyone uses banks. DBS, one of Singapore’s main banks, go to schools to open up accounts for younger students to claim them as customers. Each bank fighting to brainwash more and more citizens.

What people don’t realize is that bankers are filled with greed. What they do with your money is criminal.

When you put your money in a “savings” account, the banks then use YOUR money and loan it out at a disgusting interest rate, maybe 20%, while your “savings” account will generate 1% at best annually (my bank personally offers 0.1%. HA!). This pathetic interest rate they offer you doesn’t even beat the annual average inflation of 2-3%. This essentially means, every year you “save” money in a bank account, you are technically LOSING purchasing power through inflation. You might as well hold it in cash in a mattress.

They will also use your money to play the investing game: stocks, options, bonds, mortgages, etc. This is one of their main sources of earning money. The more money they have, the more money they can use to pump the stock market or bond market. Rich money makes more money.

Did you know that in 2007-2008, before the largest financial crisis in America since 1929, that Goldman Sachs was betting against their own customers? They sold investment packages, called subprime mortgage bonds, which contained falsely quality rated mortgages, which were sold by the masses to their own investors and customers wanting to play the stock market. Goldman Sachs knew that they were essentially selling packages of crap bundled together with more crap. They knew the housing market was a bubble. So, while they made gross amounts of money by selling crap to unknowing people, they also sold shorts, which is essentially a form of betting against the market and that it would crash. If you are correct, then your shorts pay great money. Goldman Sachs lied to people, benefitted from it, and then made more money off the expenses of their own customers and investors when they knew the market would crash. Imagine your own bank betting against you. That’s basically what they did.

After the 2008 financial crisis, where millions lost their homes, jobs, and unemployment rate and poverty-plagued America, only one banker went to jail. And that banker, from Goldman Sachs, was more so used as a scapegoat by the rest of the industry. Poor guy had his own company stab him in the back. (but I have no sympathy for him)

One ex-Goldman Sachs employee recounted a moment of absurd greed. She explained that during the 9-11 attack, when two airplanes flew into the World Trade Center, that on the Goldman Sachs level, her manager ushered the employees to continue trading (aviation industry) so as to benefit off the panic of the world. Corporate America greed at its finest.

I still have a lot to learn, and I do not know everything I need to know about the world’s economy. What I do know is that the greed of banks caused the world to suffer once already in my generation, and I do not plan to just sit here and watch something like that happen so easily again to good people.

If you know anything about cryptocurrency and how banks world, you’ll understand why I am such an advocate of the progression of cryptocurrency to go mainstream and hopefully become a common practice utility in the future.

The best advice I can give you is to inform yourself about these topics, your banking situation, and how the world economy of credit and debt work. (A great movie to watch about the 2008 financial crisis is The Big Short) It’s time to stop letting the rich get richer by exploiting the citizens of the world.


We had lunch after the boat tour, and so I was able to take my mind off the indignance I felt toward banks with our visit to Little India.

Little India is an area of Singapore which, you guessed it, is an “India-Town”

I’ve visited a fair share of China-Towns and Korea-Towns, but this is my first time visiting an Indian version

I was pleasantly surprised by the culture, and of course, the food was also great

I saw many of the people eating their food with only their hands. I did a little bit of research and learned why it was pragmatic to eat with their fingers in the culture of India, and I’d like to share with you.

First of all, when the food is rice+curry and other spices, it is generally placed on what is called a banana leaf. This makes eating with utensils slightly more awkward. As well, it is a common practice to eat while sitting on the floor, making it even more awkward trying to reach down with a fork to grab your food.

Secondly, it is more convenient. I myself had curry rice with a piece of meat (I am pretty sure this was a small whole chicken or some other type of bird. It was definitely a whole one.) Trying to eat that piece of meat with a fork made no sense with all the bones, and I eventually gave in and just used my hands. After I got over the initial change, using my hands made it much easier for me to enjoy my food. Naan bread is usually eaten with your hand anyway.

Thirdly, cleanliness. After eating, I thought to myself: how are people cleaning their hands? The shops literally did not offer any paper napkins, and in fact, there were some people selling packets of tissues for $1 each. Then I realized there were sink stations scattered around the food court. Makes sense. Now you are forced to wash your hands at least twice, before and after a meal if you intend to use your hands.

When you come upon these small cultural pop-ups in life, whether it be going to eat a specific cuisine for the first time, or going to a new country you’ve never been to, make sure you take the time to 1) understand and learn the beauty of a different culture, 2) appreciate the diversity the world has and 3) allow yourself to fully experience that culture. You never know when you’ll be able to see another Little India.

Good Luck.

Grateful Day 13: I am grateful for friends who share meals with me. Bonding over food = A+






3 thoughts on “[Double Post] Big Banks+Little India

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