After a year of being scrutinized and investigation by the Royal Banking Inquiry, most of the major Bankster Institutions in Australia has been predominantly in damage control.
Australia has the world's highest rate of GDP at well over 200%... she even out ranked USA.
With a Falling AUD/USD price and nothing much that can be considered as "perpetual assest" generating income... this class action lawsuit against the major lenders here in Australia could well be the Snowflake that causes the avalanche throughout the global financial services industry.
In the last 6 weeks of the Global Financial System, we have observed a higher than normal Sell Off rate, involving all Debt based Equities that has in turn reflected on the Global Economic growth. This has also effected both the young market, #Cryptocurrency & the old school safe haven assets #Gold & #SILVER.
The next few months ahead will be a variable that could potentially be classed as Financial System Historic Event. To have your money in the banking system is and will no longer be a good/safe option. Take control of your funds and have a diversification of smaller amount in cash & gold (approx of 15% each vs your total liquid assets) Silver at 35% and the rest in diversified Cryptocurrencies.
#Australians if woken up, and see what and how much damage has been done to each individual wealth and income distribution caused by the Banksters will not be kind.
Come Mid November 2018 and early February 2019... history would have left its mark on this dustball.
< Do not wait for the rest of the World to panic, be the first ones to be prepared>