- - Thursday, October 13, 2016

ANALYSIS/OPINION:

I read that HSBC is predicting a major stock market calamity similar to the 1987 crash. Of course, a stock market crash would severely damage hundreds of millions of middle-class workers’ retirement portfolios. If it were any other bank except the global criminal enterprise HSBC has become, I’m not sure whether I’d be fearful or dismissive of this analysis.

One has to ask, if there is a stock market crash, how will HSBC cash in? And if there isn’t a crash, if this is some kind of information misdirection — which with these people, who facilitated murder and mayhem by money laundering for drug cartels and terrorist organizations, is possible — how will they cash in on hundreds of billions this time?

That’s the problem with HSBC. It is the global leader in banking corruption. As Bruce Springsteen famously sings in his song, Jack of all Trades, inspired by the 2008 economic meltdown: “The banker man grows fat/Worker man grows thin/It’s all happened before/And it’ll happen again.”

Regardless of whether there’s an impending stock market crash, knowing the criminal and evil character of HSBC (which was founded on the Asian opium trade the year the U.S. Civil War ended) it is going to make money off this analysis.

EUGENE R. DUNN

Medford, N.Y.

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