Which Bank gives Credit Card with no Credit History

a world history in 100 items, the world of our creation (1914 - 2010 AD), credit card - episode transcript - episode 99

Today's property, our last but one in this world history through things, is indeed a credit card. To date, this weeks I have selected items with which to study some of the most important aspects of 20th-Century life - sexual and reproductive health, revolutions, war and the consequences of it.

Today' modernity' ultimate monetary power is neither metals nor papers, it's not really cash at all, it's a pledge in plastics. All of us know the dimension of this special sculpture, because every credit card in the whole wide globe has the same international dimension and form, so they all match the "holes in the wall" that now permeate our metropolitan area.

It has pointed out the name of the bank and the common set of numbers that identifies it, and us as users. Almost gravity-free, this piece of sculpture is rich in golden value. Neither of us will ever see the cash we have been saving - it just seems like long rows of numbers on bank slips and receipt cards.

But even with credit card payments, the atmosphere of conventional cash is preserved. This card, which tells our history, prides itself on being a golden card. Krösus is still with us. That card tells us that like the best cash, it's as good as pure bullion. Mervyn King, Governor of the Bank of England, sees these maps as just a new way of solving the age-old question of how far you can rely on a foreigner.

"Acceptance, the confidence that the other side of the deal places in it, is of the utmost importance, as with all kinds of cash or card used to fund deals. With an IOU, the trouble is that the'U' must rely on the 'I' - and that may not always be the case.

This was an example of the use of religions, which was not basically about religions as such, but about strengthening people's confidence in the instruments used. "We use credit card that spans the entire globe in the presence of a globally active community chaplain who supports our work.

These special Goldcards carry two worldwide known brands. We are told it is spent by a London-based bank, a name known in every major UK boulevard. And the other says it works through the support of a US-based credit union. The map also has Arabic script.

Now like never before, we are free to travel around the world, but most of us have no clue how this system of transferring funds actually works. More importantly, we do not know who is tracking our expenses or what they are doing with the information we collect.

We know only one thing: The banking institutions that make this new tech possible are far beyond anything we have known before and their powers on a world scale cross borders. However, the different is that the back of the credit card contains information that we cannot view. It is this microtechnology, one of the great last generations of the world' s greatest accomplishments, that has made possible the credit card and thus the banking industry throughout the world.

The credit card does something that was never possible before. Enter "credit card debt" into a web based searching machine and you will find shocking stories about life destroyed by waste. Leading us back to our map. It is an Muslim pattern, and we know that it was engraved on the side of the barrel when it was brought to the Muslim northern Sudan and burned to show the new realm to which it now belongs.

This shows that it was not only spent by a London bank, but also by the financial arm of this Gulf-based bank. Here is Razi Fakih, from the HSBC Islam faction known as Amanah, headquartered in Dubai: Muslim financing began sometime in the 1960s in Egypt, and I think it wasn't actually launched until the 90s.

Returning to the early beginnings of the Muslim financial world is about four centuries old, but if you look at recent developments and where they have really gained significant significance, it is only since 1990. Hopefully everyone will be in agreement that it earns its place in this world history through things.