It's Time To Become Your Own Banker, Here's How
Sometimes I wonder why most of the giant mega-banks are based in New York.
They should be here in Las Vegas, the gambling capital of the world. Because that’s precisely what they’re doing with your money.
Actually it’s not even your money.
From a legal perspective, every single penny you deposit at the bank becomes THEIR money. You’re nothing more than an unsecured creditor of the bank.
And now that they legally own what used to be your money, the bank can gamble it away on whatever crazy investment fad best serves their interests.
Here’s an easy way to understand it:
http://www.zerohedge.com/news/2017-05-12/its-time-become-your-own-banker-heres-how