patrick.net

I had a client couple years ago. They were about the strangest in a strange land. He had been So. African military and spent time in Rhodesia/Zimbabwe. He talked about his intense training as a killing machine. He was discharged because he crushed an obnoxious commanding officer's larynx with a punch, and was kind of on the lam, though they had no cash problems. She was very strange too, an odd but ingratiating witchy type foreign woman. They talked about their intense sexual relationship right in the open. I guess I didn't want to piss them off and get my larynx crushed.

When on a vacation with my wife to Washington State to view the scablands, in the group was a doctor and his wife. I talked with them over dinner. She was an author and had written a book about the white genocide in Zimbabwe. Her extended family were farmers. She had relatives raped and killed. She still displayed a sadness of PTSD. She had narrowly escaped. She said nothing in any news approached the enormity of the event, so she wrote her own and I gather was well known for the book, though I can't remember what it was.

I've got a distant relative there of unknown relation. He did really well by borrowing money and buying up land, then paying off the loans after the money was destroyed by their version of the Fed.

I hope no one kills him.

Any recommendations for good movies about Rhodesia?

Patrick says

I've got a distant relative there of unknown relation. He did really well by borrowing money and buying up land, then paying off the loans after the money was destroyed by their version of the Fed.

I hope no one kills him.

That's Zimbabwe.

GNL says

Any recommendations for good movies about Rhodesia?

The Siege of Jadotville is in the general area.

https://open.substack.com/pub/theamericantribune/p/how-rhodesia-fell-and-why-south-africa

They lost because they insisted on fighting in short shorts.

The colonies fell because the colonists had high savings rate and parked their savings in the banks of the mother country; the account balances became liabilities to the banks. So the extermination of the colonists would wipe the liabilities off the banks' books. We saw a pre-run of that during the 1857 Sepoy Rebellion: the British Raj in India (subcontinent) had strong support from natively recruited troops (Sepoy), which vastly out-numbered colonial British troops and were necessary for maintaining control of the even far more vast local population. Then mysteriously new cartridges for guns were shipped in lubricated with a grease made from mixing tallow (cattle fat) and lard (pig fat). Because gun cartridges at the time required the operator biting on the cartridge to remove the seal before loading each shot, the new lubricants meant both Hindu and Muslims would be forced to commit sacrilege while using the cartridges. Obviously the Sepoys were outraged. Their rebellion led to the deaths of thousands of British colonists and their women and children. Of course the banks got to keep the money (never having to pay back the account balances) as the account holders and their entire families were exterminated.

South Africa and Rhodesia were not racist / segregationist regimes until the 1948 race laws passed, 3 years after the death of Hitler and the end of WWII, which was alleged to have been fought to end racism. Rhodesia and South Africa were new pastures where gullible high savings rate human cattle were lured to be fattened up on special privileges over the local population, then slaughtered like cattle for their more concentrated, more harvestable and more easily digestable forms of wealth (account balances instead of the farm/mineral products that the locals would have produced).

Conclusion: if you are in debt up to your eyeballs nobody wants to kill you.

Reality says

The colonies fell because the colonists had high savings rate and parked their savings in the banks of the mother country; the account balances became liabilities to the banks. So the extermination of the colonists would wipe the liabilities off the banks' books.

That may have some overseas historical context but is irrelevant in the US. Banks do not get to keep deposits here when the depositor dies. There is usually a POD (pay on death) in the paperwork and that money is distributed immediately to the named POD without probate at all. If no POD, each state has laws determining heirs to receive any deposits. If no heirs, the money is sent to the state to keep in the "Found Property" account. The state collecting "found property" does not just apply to banks, but to rental deposits and anywhere else that a business holds customer money.

HeadSet says

If no heirs, the money is sent to the state to keep in the "Found Property" account. The state collecting "found property" does not just apply to banks, but to rental deposits and anywhere else that a business holds customer money.

This extends to unclaimed credits/refunds or just inactive checking/saving accounts too.

OkDOGEisAmountingToSomething says

Women, you're lucky women.
Soon, you'll all be fighting for Rhodesia.
Many of you will be dying for Rhodesia.
A few of you will be put through a fine mesh screen for Rhodesia. They will be the luckiest of all.

What happens to the account balances of individuals in peace/normal/grazing time is quite different from engineered environment where millions of account holders die in the same relatively short harvest time window. For example, when millions of Holocaust victims died, most of their life insurance accounts (really a form of savings account back then, as life insurance policies promised the return of all principle paid into them on demand after the initial few years) were supposed to pay the beneficieries upon death of the policy customers. How much was paid out? None, because most beneficieries were exterminated too, and the Nazi government did not issue death certificates for the victims so the surviving family members had nothing to show and prove to the insurance companies that their relatives died.

Nowadays the banks operating in the US are more regulated; they compete against each other in normal times, but in "emergency" environment they profit as a block, e.g. bailing out AIG in 2008 was simply a way to pay the other banks that were counter-parties to AIG. If millions died during the Covid scam around the world, the various governments' social security programs, public and private pension plans, and banks' reverse-mortgages etc. benefited from those deaths. If Zelensky and his cronies died in the next few weeks to months, off-shore banks (like those in Caribbean, etc.) where they kept money probably benefit; the same has already happened as thousands of corrupt Ukrainian politicians and factory bosses that amassed fortunes from running factories that made switch-gears for cars in the past 30 years met untimely deaths. If tens of millions of people die in a couple years due to astroid strike, the government is not going to physically take all their account balances from the banks, but would simply have off-set arrangement with the various banks and the banking system (where the governments park their own money). Banking works on juggling funds while maintaining its facade by being able to handle withdrawal demands (e.g. Bernie Madoff was able to juggle till he had only 50 million left against over 60 billion account balance claims, worse than 1:1000, before he was exposed; his account holders didn't die off quickly enough for his pyramid scheme to continue). The account balances of victims of a mass death event would never generate a withdrawal request, thereby alleviating the pressure (the gap between claimed asset level vs. real asset level due to mistake/incompetency hidden in the financial system; a consummate insider like Madoff choosing not to hire anyone to invest any part of his fund should tell us the real long-term return on investment after paying the money managers: zero to negative) built up in the banking system in the 70-100 year cycle.

Wait, the Holocaust was real?