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BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

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BFCSA: Pope Francis warns Global Economy close to Collapse

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http://www.dailymail.co.uk/news/article-2657724/Pope-Francis-claims-global-economy-close-collapse-describes-youth-unemployment-rates-atrocity-damning-message.html

14 June 2014 |

Pope Francis claims global economy is close to collapse and describes youth unemployment rates as an ‘atrocity’ in damning message

Pope Francis has launched a scathing attack on the global economic system, warning it is near collapse because of a 'throwaway culture' of greed and the 'atrocity' of youth unemployment. 

The Roman Catholic leader openly blasted the 'idolatrous' economy for disregarding the young, which he says has led to shocking levels of youth unemployment and will lead to a lost generation.  

The 77-year-old also criticised the economy - which he said had 'fallen into a sin of idolatry, the idolatry of money' - for surviving on the profits of war.

The Pope's damning message came amid comments he made about the break-up of countries such as Scotland and Catalonia, which came as a huge blow to the Scottish Yes campaign. 

In an interview with Spanish newspaper La Vanguardia, he said:'Our world cannot take it anymore. Our global economic system can’t take any more.  'We discard a whole generation to maintain an economic system that no longer endures - a system that to survive has to make war, as the big empires have always done.    '

The economy is moved by the ambition of having more and, paradoxically, it feeds a throwaway culture.'  The pontiff expressed particular concern over the 'worrisome' statistics of youth unemployment.  He said: 'The rate of unemployment is very worrisome to me, which in some countries is over 50 percent. That is an atrocity. 

'Young people are thrown away when their natality is limited.

The elderly are also discarded because they don’t serve any use anymore.  

In throwing away the kids and elderly, the future of a people is thrown away because the young people are going to push forcefully forward and because the elderly give us wisdom.'.........................

 

Read more: http://www.dailymail.co.uk/news/article-2657724/Pope-Francis-claims-global-economy-close-collapse-describes-youth-unemployment-rates-atrocity-damning-message.html#ixzz34benD0hK

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