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The Great Taking
What is this book about? It is about the taking of collateral (all of it), the end game of the current globally synchronous debt accumulation super cycle. This scheme is being executed by long-planned, intelligent design, the audacity and scope of which is difficult for the mind to encompass. Included are all financial assets and bank deposits, all stocks and bonds; and hence, all underlying property of all public corporations, including all inventories, plant and equipment; land, mineral deposits, inventions and intellectual property. Privately owned personal and real property financed with any amount of debt will likewise be taken, as will the assets of privately owned businesses which have been financed with debt. If even partially successful, this will be the greatest conquest and subjugation in world history.
Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media. These very few people are the prime movers. Their plans are executed over decades. Their control is opaque. To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity.
The Author has deep experience with investigation and analysis within challenging and deceptive environments, including the mergers and acquisitions boom of the 80’s, venture investing, and the public financial markets. He managed hedge funds through the period spanning the extremes of the dot-com bubble and bust, producing a gross return of more than 320% while the S&P 500 and the NASDAQ indices had losses. His clients included some of the largest international institutional investors.
Private, closely held control of ALL central banks, and hence of all money creation, has allowed a very few people to control all political parties and governments; the intelligence agencies and their myriad front organizations; the armed forces and the police; the major corporations and, of course, the media. These very few people are the prime movers. Their plans are executed over decades. Their control is opaque. To be clear, it is these very few people, who are hidden from you, who are behind this scheme to confiscate all assets, who are waging a hybrid war against humanity.
The Author has deep experience with investigation and analysis within challenging and deceptive environments, including the mergers and acquisitions boom of the 80’s, venture investing, and the public financial markets. He managed hedge funds through the period spanning the extremes of the dot-com bubble and bust, producing a gross return of more than 320% while the S&P 500 and the NASDAQ indices had losses. His clients included some of the largest international institutional investors.
133 pages, ebook
Published January 1, 2023
44 people are currently reading
1616 people want to read
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Displaying 1 - 29 of 29 reviews
February 19, 2024
The Great Taking by David Rogers Webb is a book that exposes the system that central banks have in place to take collateral from people on a massive scale, through the manipulation of money creation, debt, and securities ownership. Written by a former financial industry professional, Webb draws on personal and professional experience to reveal the dangers and implications of this scheme, which he calls “the end game of the current globally synchronous debt accumulation super cycle”. It’s an eye-opening read, as it explains complex financial concepts and mechanisms in a clear and accessible way. What’s lacking, however, are suggestions on how to protect oneself from the impending financial collapse. The book is available for free as a PDF at thegreattaking.com, with hard copies available for purchase. You can also watch a documentary based on the book on YouTube. If you are interested in learning more about the financial system and its impact on your life, I recommend you check out this book.
January 3, 2024
I read this book after seeing his video about this book and the video is needed unless you are a fully versed investment leader.
The video on rumble (https://rumble.com/v41ow3n-the-great-...) is here.
The book itself is great but would be well served to give greater detail on the causality, rationale, and implications of each aspect.
The video on rumble (https://rumble.com/v41ow3n-the-great-...) is here.
The book itself is great but would be well served to give greater detail on the causality, rationale, and implications of each aspect.
February 2, 2024
David Webb peels back the facade on the architecture of global finance. In this book he asserts that the system is designed to vacuum all assets to secured creditors and that your "securities entitlements" are a legal ephemera. He makes the case that we've seen this before on different scales. The 1930s, 2008 wasn't just unfortunate inevitabilities of the cycle of history; there were bankers, politicians, lawyers, and crooks (but I repeat myself) engineering the outcomes of collapses to their great benefit.
The author pulls out the local details of relatively recent legal changes that are essentially the bait and switch which removes local and national interests from the equation and effectively internationalizes settlement of financial interests in the event of wholesale collapse. Connect this to concepts like "The Great Reset," Central Bank Digital Currency, and any number of discussions of the World Economic Forum and its denizens and the picture starts filling in.
The author is convincing in laying out his premise that the architecture is there to benefit the very few central bankers who are secured creditors in the event of wholesale collapse of financial markets. The argument does not fall apart when the author reaches the scale and the "why" of it all, but that is where it all becomes a little fantastical for the humble mind. The evidence is before our eyes if we will look at it but the scale of wicked hubris that would construct and seek to benefit from such designs is almost unimaginable.
And here's where the struggle goes internal, because reading and being convinced of arguments in a book like this does make one weary of the sophists who prop themselves up as apologists for the current structure. Are they all as foolish, as evil as they seem? If this little book is as true as it is convincing, buckle up.
The author pulls out the local details of relatively recent legal changes that are essentially the bait and switch which removes local and national interests from the equation and effectively internationalizes settlement of financial interests in the event of wholesale collapse. Connect this to concepts like "The Great Reset," Central Bank Digital Currency, and any number of discussions of the World Economic Forum and its denizens and the picture starts filling in.
The author is convincing in laying out his premise that the architecture is there to benefit the very few central bankers who are secured creditors in the event of wholesale collapse of financial markets. The argument does not fall apart when the author reaches the scale and the "why" of it all, but that is where it all becomes a little fantastical for the humble mind. The evidence is before our eyes if we will look at it but the scale of wicked hubris that would construct and seek to benefit from such designs is almost unimaginable.
And here's where the struggle goes internal, because reading and being convinced of arguments in a book like this does make one weary of the sophists who prop themselves up as apologists for the current structure. Are they all as foolish, as evil as they seem? If this little book is as true as it is convincing, buckle up.
January 6, 2024
Makes a good point that those who own securities in brokerages are second in line in the event of a default (after secured creditors). Most people reading the book don’t have to worry given SIPC insurance (unless that well runs dry…)
However, some brokerages are not insured i.e. crypto, hence buying crypto in Coinbase/robinhood runs the risk of total wipeout in the event of bankruptcy
Starts to get pretty conspiracy-theory heavy toward the end. Author doesn’t consider that physical ownership is an enormous burden on financial markets and would make innovations of recent decades like index investing virtually impossible (but maybe it isn’t a trade worth making)
However, some brokerages are not insured i.e. crypto, hence buying crypto in Coinbase/robinhood runs the risk of total wipeout in the event of bankruptcy
Starts to get pretty conspiracy-theory heavy toward the end. Author doesn’t consider that physical ownership is an enormous burden on financial markets and would make innovations of recent decades like index investing virtually impossible (but maybe it isn’t a trade worth making)
March 11, 2024
It’s been a week since I finished this book, and I have mulled it over during the interim. It is a disturbing book because of the possibility that what he shows might really happen. His last chapter, however, holds out some hope that people are waking up.
The first two chapters are interesting and pretty much background on himself and the coming event. The central portion of the book is tedious reading since it contains lots of quotes, largely written by bureaucrats. They are necessary to prove his point, but slogging through them is a bit of a pain. Webb provides very little commentary on most of them. He simply introduces them mostly by telling who wrote them and where they appeared. This is also footnoted, so the investigative person can read the source material. The last few chapters were a change of pace.
The chapter on the bank holiday in 1933 described how certain favored banks made lots of money at the expense of rank and file folks. This resonated with me due to my grandfather’s experience. He was a farmer in South Dakota who sold some cattle and put the money in the bank. That money represented much of his capital. The next day the bank shut and never reopened, so he lost it all. My mom was pulled from high school and sent to Chicago to get a job to make money to send home to pay taxes on the farm. Fortunately, grandpa Ole did not have any debt, so he was able to manage. As a result I view banks in general in a rather unfavorable light. I don’t think the local bankers are bad people, but the financial industry is set up to benefit the big folks running the show, not the little people who put their money and trust in the banks.
His concluding chapter does offer some hope. He thinks that the Covid event revealed how the puppet masters may have overplayed their hand. In his opinion the financial, big tech, big pharma, government, media and medical complex pushed too hard too fast and caused a number of people to start questioning things. Time will tell. In the meantime, realize that if you owe a bank or mortgage company any money, you are at risk of losing your assets, all of them. If you have money in the bank, you might not be able to get it, think Cyprus. The lesson is simple: get out of debt, avoid counterparty risk, hold physical debt free assets, and pray that the world avoids the power grabbers’ plan to dominate everything and everyone. Read the book, but don’t despair, prepare.
The first two chapters are interesting and pretty much background on himself and the coming event. The central portion of the book is tedious reading since it contains lots of quotes, largely written by bureaucrats. They are necessary to prove his point, but slogging through them is a bit of a pain. Webb provides very little commentary on most of them. He simply introduces them mostly by telling who wrote them and where they appeared. This is also footnoted, so the investigative person can read the source material. The last few chapters were a change of pace.
The chapter on the bank holiday in 1933 described how certain favored banks made lots of money at the expense of rank and file folks. This resonated with me due to my grandfather’s experience. He was a farmer in South Dakota who sold some cattle and put the money in the bank. That money represented much of his capital. The next day the bank shut and never reopened, so he lost it all. My mom was pulled from high school and sent to Chicago to get a job to make money to send home to pay taxes on the farm. Fortunately, grandpa Ole did not have any debt, so he was able to manage. As a result I view banks in general in a rather unfavorable light. I don’t think the local bankers are bad people, but the financial industry is set up to benefit the big folks running the show, not the little people who put their money and trust in the banks.
His concluding chapter does offer some hope. He thinks that the Covid event revealed how the puppet masters may have overplayed their hand. In his opinion the financial, big tech, big pharma, government, media and medical complex pushed too hard too fast and caused a number of people to start questioning things. Time will tell. In the meantime, realize that if you owe a bank or mortgage company any money, you are at risk of losing your assets, all of them. If you have money in the bank, you might not be able to get it, think Cyprus. The lesson is simple: get out of debt, avoid counterparty risk, hold physical debt free assets, and pray that the world avoids the power grabbers’ plan to dominate everything and everyone. Read the book, but don’t despair, prepare.
January 2, 2024
"Take no part in the unfruitful works of darkness, but instead expose them." Ephesians 5:11, ESV.
That's exactly the premise of this book. You don't have to be fluent in the finance world or how it functions to understand the message of this book, though it would help. As a stay at home housewife, homeschooling mom and I was able to comprehend the vast majority of the book.
What now? Get out of ALL debt, STAY out of ALL debt, invest in REAL property and SKILLS, and be ready and willing to defend it with your life.
That's exactly the premise of this book. You don't have to be fluent in the finance world or how it functions to understand the message of this book, though it would help. As a stay at home housewife, homeschooling mom and I was able to comprehend the vast majority of the book.
What now? Get out of ALL debt, STAY out of ALL debt, invest in REAL property and SKILLS, and be ready and willing to defend it with your life.
This entire review has been hidden because of spoilers.
June 11, 2024
Skipped the long prologue and went straight to the meat of the book - Chapters 1-10.
The book contends the powers that control the financial system (Central Banks, et al) are preparing for a "global heist" of the assets held in all the banks by regular people. The argument is well-backed with quotes from the General Counsel of the New York Federal Reserve, the factual subversion of property rights by the changing of UCC Code Article 8 and 9 in all 50 states in the 1990's, the "Safe Harbor" provisions to the US Bankruptcy Code made in 2005 which basically instated the "too big to fail clause", and the alignment between Central Security Depositories (CSDs) and International Central Security Depositories (ICDS) - to make global transferring of assets easy - all backed by Central Clearing Parties (CCPs) that assume counter party credit risk for all these deals, and whom are legally obligated to prioritize secured creditors (Central Banks like The Fed and The Bank of England) in the event of any financial organziations’ insolvencies.
While that may be a little too detailed for some, let's look at an easy anectode that illustrates this process, a pivotal moment that enabled financial theft. Webb contends in 2008 the Central Banks allowed Lehman brothers to fail, to see what would happen when JP Morgan Chase (JPMC) — their custodan — seized the assets of its depositors in order to protect itself, claiming the right to do so as secured creditors. The depositors sued saying you took our shit and it went to Bankruptcy court for the Southern District of New York.
The legal counsel for JP Morgan argued that their seizure of depositor funds was in the best interest of the financial system and was protected by the revised "Safe Harbor" laws establshed in 2005. The court agreed and issued this statement, "The transactions in question are precisely the sort of contractual arrangements that should be exempt from being upset by a bankruptcy court under the more lenient standards of constructive fraudulent transfer or preference liability."
JPMC got away with seizing their customers assets to protect themselves, and established a much needed legal precedent in the event of future insolvenices. The bankruptcy court said in so many words, “Hey, you’re all good you don't owe your depositors anything because you are systemically important, and therefore protected by the "Safe Harbor" clause, and have the right to take those assets as "protected persons", aka secured creditors with a priority interest in the collateral. “Protected persons” is an annointed status given by the government to certain corporations. Think big banks, “too big to fail”, etc.
David Rogers Webb contends the same type of heist that happened in 2008 is being prepared for on a global level — as per meetings convened in 2022 — but this time the Central Clearing Parties will go belly up, declare bankruptcy, and only pay out the secured creditors at the top of the pyramid (the Central Banks that back them such as The Fed, The Bank of England, etc.), which means the vast array of non-central banks that work beneath them, and the coterie of financial institutions that work with them, will all be second and third in line at the soup kitchen, and receive no payout as non-priority security interest holders, ergo major Central Banks will lawfully steal all of the assets on the international books (in particular the derivatives market) arguing the same case precedent established by JP Morgan Chase after the 2008 heist.
Existent Central Clearing Parties will be sacrified to the bankruptcy gods, and new ones immediately spun up in their place to "save the system" from total collapse. After that, CBDC's and complete financial oversight and purchase control will ensue. Regrettably, Webb does not mention bitcoin which appears to be a ghastly oversight as it provides self-sovereign ownership and a method of retaliation to this madness.
The book contends the powers that control the financial system (Central Banks, et al) are preparing for a "global heist" of the assets held in all the banks by regular people. The argument is well-backed with quotes from the General Counsel of the New York Federal Reserve, the factual subversion of property rights by the changing of UCC Code Article 8 and 9 in all 50 states in the 1990's, the "Safe Harbor" provisions to the US Bankruptcy Code made in 2005 which basically instated the "too big to fail clause", and the alignment between Central Security Depositories (CSDs) and International Central Security Depositories (ICDS) - to make global transferring of assets easy - all backed by Central Clearing Parties (CCPs) that assume counter party credit risk for all these deals, and whom are legally obligated to prioritize secured creditors (Central Banks like The Fed and The Bank of England) in the event of any financial organziations’ insolvencies.
While that may be a little too detailed for some, let's look at an easy anectode that illustrates this process, a pivotal moment that enabled financial theft. Webb contends in 2008 the Central Banks allowed Lehman brothers to fail, to see what would happen when JP Morgan Chase (JPMC) — their custodan — seized the assets of its depositors in order to protect itself, claiming the right to do so as secured creditors. The depositors sued saying you took our shit and it went to Bankruptcy court for the Southern District of New York.
The legal counsel for JP Morgan argued that their seizure of depositor funds was in the best interest of the financial system and was protected by the revised "Safe Harbor" laws establshed in 2005. The court agreed and issued this statement, "The transactions in question are precisely the sort of contractual arrangements that should be exempt from being upset by a bankruptcy court under the more lenient standards of constructive fraudulent transfer or preference liability."
JPMC got away with seizing their customers assets to protect themselves, and established a much needed legal precedent in the event of future insolvenices. The bankruptcy court said in so many words, “Hey, you’re all good you don't owe your depositors anything because you are systemically important, and therefore protected by the "Safe Harbor" clause, and have the right to take those assets as "protected persons", aka secured creditors with a priority interest in the collateral. “Protected persons” is an annointed status given by the government to certain corporations. Think big banks, “too big to fail”, etc.
David Rogers Webb contends the same type of heist that happened in 2008 is being prepared for on a global level — as per meetings convened in 2022 — but this time the Central Clearing Parties will go belly up, declare bankruptcy, and only pay out the secured creditors at the top of the pyramid (the Central Banks that back them such as The Fed, The Bank of England, etc.), which means the vast array of non-central banks that work beneath them, and the coterie of financial institutions that work with them, will all be second and third in line at the soup kitchen, and receive no payout as non-priority security interest holders, ergo major Central Banks will lawfully steal all of the assets on the international books (in particular the derivatives market) arguing the same case precedent established by JP Morgan Chase after the 2008 heist.
Existent Central Clearing Parties will be sacrified to the bankruptcy gods, and new ones immediately spun up in their place to "save the system" from total collapse. After that, CBDC's and complete financial oversight and purchase control will ensue. Regrettably, Webb does not mention bitcoin which appears to be a ghastly oversight as it provides self-sovereign ownership and a method of retaliation to this madness.
This entire review has been hidden because of spoilers.
February 19, 2024
This book is priceless. It is of utmost importance for it to be in everyone’s bookshelf, no matter their reading preferences. Why? Simply put, what’s coming will affect you, everyone around you, your children, and your grandchildren. History repeats itself. If people don’t learn from it, they get punished. This is the mother of all punishments. Not knowing is ok. But choosing to not know is worse. Make that mistake at your own peril. I encourage you to read this book. Keep re-reading it. Enlighten the ones in darkness. David Webb will be remembered in the golden pages of history.
When the “Everything Bubble” implodes - make no mistake, it is *designed* to implode- it will lead to a deflationary depression that is far more severe and long-lasting than the 1930s’ Great Depression. Only difference this time around is: the collapse of fiat currencies will take place, beginning with the USD. The current monetary system as we know it will be absolutely demolished and then replaced by a new digital system which would usher in CBDCs. This plan has been in the making for decades now. The cake is baked. Only thing left now is for a global crisis to take place and watch how the insolvencies/crashes/bankruptcies/chaos run rampant. As of the time of this writing, there are unprecedented and unparalleled huge bubbles in Commerical Real Estate, Stock, and Bond markets. These three will simultaneously burst and (along with major geopolitical conflicts worldwide) will cause all securities (and hence all underlying real tangible things) to be owned by Elite banksters who own the banks that are shareholders to Central Banks. Once you own all securities (stocks, bonds, derivatives, etc), you own all capital. And once you own all capital, you own literally everything and you have absolute control & power over the Earth. Wealth is never lost, it is merely transferred. What happened in the 1930s will happen again but on a much grander scheme this time. How will they own everything you might ask? Are they gonna take my property? Read this book to find out the ugly truth.
Since the Global Financial Crisis of 2008, interest rates were held at zero (and in some instances in the negative) for 15 years. Then it went from 0 to 5% in one year (2022). This caused essentially all bonds to decline in value by 80%. Think about it: assume a perpetuity bond (one with no maturity date) with a fixed dividend payment of $5. If market rate of interest is 5% then this bond is worth $100 since 5 is 5% of 100. When interest rates are cut/lowered to 1%, the value of the bond now increases five-fold to $500, since 5 is 1% of 500. If the interest rates are raised back to 5%, the value of the bond returns to $100. It’s simple math. By lowering the rates and increasing them again (5% to 1% and back to 5%), your bond lost 80% of its value. After reading this example, i want you to think of the entire global financial complex system as a big perpetuity; it has no maturity date. What comes to mind when you scale up the above example to the whole global system? Do you see where i’m taking you?
I urge you to read this book. It has sufficiently irrefutable evidence backing every single claim said. So forget about anyone saying this is all “conspiracy”. Just smile at them and watch how they react once shit gets real. We’re living in the End Times folks. The Anti-Christ is here to collect your soul. We must stand on binness yo. Peace & Prosperity shall fill the Earth once the Messiah comes down to kill the Anti-Christ. But before we reach this, we gotta go through the darkest point in the history of mankind. This is an understatement to say the least, if only you knew.
I’m not the type of guy to write long reviews, but i truly believe this might be one of the most important books of our generation and the one to come. It is the hidden gem of all hidden gems. So read it and then watch the documentary on YouTube. Once you’re done, share your newly acquired knowledge with everyone around you.
Hope is not all lost though! So prepare well and never lose your faith as that’s what they’re targeting for; breaking your faith in God Almighty and collecting your soul. Soon, we shall all be set free. Soon, the markets will be ruled by the fair rules of free markets. Bogus (paper, plastic, nad electronic money) will have no place among us. Gold & Silver will return as the main players of money. They *are* money. Don’t confuse currencies with money.
That’s all from my side.
Remember: have patience and strength your faith in God, and ye shall be rewarded with prosperity.
When the “Everything Bubble” implodes - make no mistake, it is *designed* to implode- it will lead to a deflationary depression that is far more severe and long-lasting than the 1930s’ Great Depression. Only difference this time around is: the collapse of fiat currencies will take place, beginning with the USD. The current monetary system as we know it will be absolutely demolished and then replaced by a new digital system which would usher in CBDCs. This plan has been in the making for decades now. The cake is baked. Only thing left now is for a global crisis to take place and watch how the insolvencies/crashes/bankruptcies/chaos run rampant. As of the time of this writing, there are unprecedented and unparalleled huge bubbles in Commerical Real Estate, Stock, and Bond markets. These three will simultaneously burst and (along with major geopolitical conflicts worldwide) will cause all securities (and hence all underlying real tangible things) to be owned by Elite banksters who own the banks that are shareholders to Central Banks. Once you own all securities (stocks, bonds, derivatives, etc), you own all capital. And once you own all capital, you own literally everything and you have absolute control & power over the Earth. Wealth is never lost, it is merely transferred. What happened in the 1930s will happen again but on a much grander scheme this time. How will they own everything you might ask? Are they gonna take my property? Read this book to find out the ugly truth.
Since the Global Financial Crisis of 2008, interest rates were held at zero (and in some instances in the negative) for 15 years. Then it went from 0 to 5% in one year (2022). This caused essentially all bonds to decline in value by 80%. Think about it: assume a perpetuity bond (one with no maturity date) with a fixed dividend payment of $5. If market rate of interest is 5% then this bond is worth $100 since 5 is 5% of 100. When interest rates are cut/lowered to 1%, the value of the bond now increases five-fold to $500, since 5 is 1% of 500. If the interest rates are raised back to 5%, the value of the bond returns to $100. It’s simple math. By lowering the rates and increasing them again (5% to 1% and back to 5%), your bond lost 80% of its value. After reading this example, i want you to think of the entire global financial complex system as a big perpetuity; it has no maturity date. What comes to mind when you scale up the above example to the whole global system? Do you see where i’m taking you?
I urge you to read this book. It has sufficiently irrefutable evidence backing every single claim said. So forget about anyone saying this is all “conspiracy”. Just smile at them and watch how they react once shit gets real. We’re living in the End Times folks. The Anti-Christ is here to collect your soul. We must stand on binness yo. Peace & Prosperity shall fill the Earth once the Messiah comes down to kill the Anti-Christ. But before we reach this, we gotta go through the darkest point in the history of mankind. This is an understatement to say the least, if only you knew.
I’m not the type of guy to write long reviews, but i truly believe this might be one of the most important books of our generation and the one to come. It is the hidden gem of all hidden gems. So read it and then watch the documentary on YouTube. Once you’re done, share your newly acquired knowledge with everyone around you.
Hope is not all lost though! So prepare well and never lose your faith as that’s what they’re targeting for; breaking your faith in God Almighty and collecting your soul. Soon, we shall all be set free. Soon, the markets will be ruled by the fair rules of free markets. Bogus (paper, plastic, nad electronic money) will have no place among us. Gold & Silver will return as the main players of money. They *are* money. Don’t confuse currencies with money.
That’s all from my side.
Remember: have patience and strength your faith in God, and ye shall be rewarded with prosperity.
This entire review has been hidden because of spoilers.
March 25, 2024
A conspiratorial bent, which would be a mistake to dismiss altogether. The legal conclusions and citations check out and raise real issues with property rights and asset management regardless of whether the everything debt bubble is orchestrated or a natural externality of capitalism
January 18, 2024
My copy was "print on demand" soft cover, not an eBook. Excellent explanation of the subject and he really does prescribe a solution.
January 21, 2024
This sounds not great, boys!
Information could be better organized and cited with more official documentation, but the overall impression of neofeudal fuckery is clear. I enjoyed the author's personal anecdotes for color.
Information could be better organized and cited with more official documentation, but the overall impression of neofeudal fuckery is clear. I enjoyed the author's personal anecdotes for color.
January 8, 2026
So after finally reading David Rogers Webb’s The Great Taking, which is a rather chilling, fast-paced dive into the plumbing of the global financial system. I found that it is less of a traditional book and more of a forensic autopsy of modern property rights, arguing that the "ownership" of your stocks, bonds, and even bank deposits has been legally replaced by "security entitlements."
With that said, below is my take on the book which I did enjoy, however I think it is important to point out the good arguments that he makes and some of the fundamental flaws in his logic which I found to weaken the books overall message. Nonetheless, here goes my review…
David Rogers Webb has a long-standing career working as a former hedge fund manager and brings a high level of technical credibility to what many may feel is dry and boring subject. His greatest strength is his ability to trace the quiet, decades-long evolution of the Uniform Commercial Code (UCC).
He demonstrates how subtle changes in legal language—moving from "ownership" to "contractual claim"—have essentially dematerialised private property in the digital age.
For anyone who feels that the financial system is increasingly opaque and fragile, Webb provides a precise vocabulary for that unease. He connects historical dots from the Great Depression to the 2008 crisis, making a compelling case that the legal architecture for a "controlled demolition" of the economy is already in place. It is an essential read for those looking to understand the "hidden plumbing" that most financial advisors never discuss.
While the technical research Webb conducted for this book in my opinion is both sound and robust, the book’s conclusion leans too heavily into existential dread. Webb presents a scenario where personal agency is almost entirely stripped away, which can lead readers toward a "black pill" philosophy—the belief that collapse is both inevitable and unescapable.
Skepticism vs. Cynicism: It is important to approach the text with a critical eye. While the legal shifts Webb describes are factual, his interpretation of their intent as a coordinated, global conspiracy may feel like a leap for some readers. It certainly did for me and this does not mean he is wrong, I simply think there is a lot of over-speculation in this area which you can find in other similar books that focus on the World Economic Forum and their ties to the IMF and World Bank for example.
Actionable Advice: The book is long on "the what" and "the why" but short on "the how-to." It can leave the reader feeling paralysed rather than prepared.
In conclusion, I found The Great Taking very interesting with convincingly strong arguments to back his claims. Personally I found it a rather disturbing and uncomfortable piece of modern financial literature, certainly not a “coffee table book”.
It should be read by everyone who holds wealth in digital form, but it should be read as a map of risks, not necessarily a definitive prophecy of the end times.
Key Takeaway: "You will own nothing" may not just be a slogan, but a legal reality already written into the fine print of your brokerage agreement.
With that said, below is my take on the book which I did enjoy, however I think it is important to point out the good arguments that he makes and some of the fundamental flaws in his logic which I found to weaken the books overall message. Nonetheless, here goes my review…
David Rogers Webb has a long-standing career working as a former hedge fund manager and brings a high level of technical credibility to what many may feel is dry and boring subject. His greatest strength is his ability to trace the quiet, decades-long evolution of the Uniform Commercial Code (UCC).
He demonstrates how subtle changes in legal language—moving from "ownership" to "contractual claim"—have essentially dematerialised private property in the digital age.
For anyone who feels that the financial system is increasingly opaque and fragile, Webb provides a precise vocabulary for that unease. He connects historical dots from the Great Depression to the 2008 crisis, making a compelling case that the legal architecture for a "controlled demolition" of the economy is already in place. It is an essential read for those looking to understand the "hidden plumbing" that most financial advisors never discuss.
While the technical research Webb conducted for this book in my opinion is both sound and robust, the book’s conclusion leans too heavily into existential dread. Webb presents a scenario where personal agency is almost entirely stripped away, which can lead readers toward a "black pill" philosophy—the belief that collapse is both inevitable and unescapable.
Skepticism vs. Cynicism: It is important to approach the text with a critical eye. While the legal shifts Webb describes are factual, his interpretation of their intent as a coordinated, global conspiracy may feel like a leap for some readers. It certainly did for me and this does not mean he is wrong, I simply think there is a lot of over-speculation in this area which you can find in other similar books that focus on the World Economic Forum and their ties to the IMF and World Bank for example.
Actionable Advice: The book is long on "the what" and "the why" but short on "the how-to." It can leave the reader feeling paralysed rather than prepared.
In conclusion, I found The Great Taking very interesting with convincingly strong arguments to back his claims. Personally I found it a rather disturbing and uncomfortable piece of modern financial literature, certainly not a “coffee table book”.
It should be read by everyone who holds wealth in digital form, but it should be read as a map of risks, not necessarily a definitive prophecy of the end times.
Key Takeaway: "You will own nothing" may not just be a slogan, but a legal reality already written into the fine print of your brokerage agreement.
May 23, 2024
Cualquier analfabeto que viva a cuenta de verter en Newtral medias verdades, perogrulladas y lo que le han dicho que ha de decir en este libro tiene más que de sobra para marcarse una entrada facilita de las que lucen y permiten hacer méritos en la afamada agencia verificadora para ascender a mando intermedio o perchero personal de Ana Pastor, puesto que The Great Taking se presta a ello: librito casi más pasquín o entrada de blog que libro al uso, que su autor aparezca de la nada y por toda biografía conocida tenga la que él mismo elabora al principio del texto remite de inmediato a grandes mitos como Los Protocolos De Los Sabios De Sión o las mandangas de los imitadores de Nostradamus. Es más, el notas encima parece querer con su propia historia que quien la lea, más que cierta verosimilitud, le tome de primeras por un flipao sin igual: que si reuniones en privado con Soros, que si el Ministro de Economía sueco pidiendo reunirse con él a la que se marchó a vivir a Suecia... la clase de cosas que en aras de la credibilidad si te han pasado te las callas y si no te has visto en una así en tu vida para qué te inventas nada.
Con eso, decía, te coge el menos espabilado de Newtral y te hace un traje. Si encima repara en que cada uno de los episodios lo comienzas con una cita a Tsun Zu, Maquiavelo u Orwell pues ese mismo redactor de Newtral, buscando primero en Wikipedia quiénes son esos pavos y haciendo un gigante esfuerzo para entender cuantísimo de flipao tiene tirar de ellos en cada capítulo, entonces esa presunta persona, el redactor de Newtral, procederá a reírse de ti, David Webb. Si además hace una labor de investigación rápido verá que Kim DotCom tcc El Gordo De MegaUpload hace poco le dio cancha al texto, con lo que todos sabemos ya qué supone eso en cuanto a denigrar un libro o considerarlo Tabla de Ley según sean unos u otros quienes lo compartan, ensalcen, critiquen y demás. Adonde quiero ir a parar con esto es que el señor Webb parece mentira que haya caído en un error tan grave. ¿O en realidad no es tal y existe una segunda intención tras esta aparente torpeza? Ni idea.
The Great Taking (que particularmente creo que La Gran Expropiación aunque no se ajuste a lo literal en la traducción si considero sería un título elocuente en cuanto a lo que postula) tiene sus cosillas interesantes y sus predicciones demenciales, todo al amparo de hechos pasados pero no demasiado lejanos y ciertas maniobras jurídicas en la sombra que la verdad es que si Webb hubiese sido más prolijo en las citas a los tratados y códigos de comercio y civiles que habilitan dichas fuladas le habría quedado algo bastante aparente (y útil) en vez del tremendo mierdolo que se ha cascado. Porque la sensación es que aquí mezcla durante siete capítulos un poco de todo en cuanto a atropellos del capital y la banca central contra los ciudadanos de a pie para, milagrosamente, concluir que vienen las CBDC (Moneda Digital de los Bancos Centrales). Y para ese viaje de mierda no hacían falta las alforjas de Loewe, David. Es algo patente y que no precisa de una ingeniería jurídica y financiera que se fragüe durante décadas. Es decir, que no tienes que irte a las expropiaciones de oro de principio del siglo XX en EEUU ni a los inminentes impagos de bonos del tesoro que se darán en España (esto no lo dice Webb, esto lo añado yo porque es evidentísimo que cuando España quiebre la primera suspensión de pagos, incluso antes que a funcionarios y pensionistas contributivos, será sobre las obligaciones del Estado para quienes posean esas titulaciones de deuda, en realidad unos pagarés que vistas las cuentas estatales, de dónde vienen y a dónde van, hacen un valor seguro e infalible a los pagarés de Nueva Rumasa).
Si es muy interesante lo que traza sobre las garantías de títulos de acciones y derivados. Ahí Webb por un lado habla de una reforma legal que digamos que lo que hace es, en caso de quiebra del intermediario, permitir a los grandes tenedores (¡hola, BlackRock!) ejercitar como garantía cualquier tenencia del particular que adquirió lo que sea a través de ese intermediario. En cierta manera es convertir el asunto en una especie de concurso de acreedores donde el acreedor privilegiado es el fondo/gran tenedor y los activos y propiedades del particular pasan a ser parte de la masa concursal, una aberración en el código civil español y europeo pero que en EEUU, a falta de corroborarlo, cosas más raras se han visto y no me extrañaría. En ese sentido habla de unas reformas a nivel jurídico de la UE que armonizan esto para aproximar nuestras leyes a las de EEUU, de nuevo otra idea de demente de primeras pero que a poco que se piense que Europa lleva 2 décadas siendo una colonia yanqui pues ni me sorprendería que hayan conseguido meter mano. Y como los contratos del mercado de valores uno sólo los mira cuando hay una debacle tipo 2008 poder buscar el teléfono del fondo de garantía pues lo mismo resulta que ahí figura la cláusula y eso ya no lo vuelves a ver en la vida.
EDITO para añadir a 23/05/24 que, por casualidades de a vida, buscando una cuenta sin comisiones que diese algo de rentabilidad, a poco que te salgas de la puta banca española, sí que empiezan a salir productos operados por entidades nuevas o de opaca procedencia (Trade Republic y su falsa cuenta de ahorro, por ejemplo) que se anuncian como con licencia de banca y garantes de cobertura del Fondo de Garantía de Depósitos hasta los 100K € (es decir, el estándar español) pero luego indagas y resulta que es un despropósito en el que ubican todo el líquido de los depositantes en una única cuenta omnibus en un banco tocho (JP Morgan, principalmente; es decir, BlackRock) y ahí ya desde transferencias que quedan en un limbo financiero (y por lo tanto has de dar por perdidas) a una posible quiebra donde, efectivamente, las condiciones contractuales sumadas a donde opera la cuenta colectiva depósito mas el detalle de las responsabilidades ante impago del intermediario que no opera jamás como banca al uso sí que hacen que en caso de quiebra, en el mejor de los casos, si la cuenta es del sistema bancario irlandés o alemán, puedas recuperar por cobertura de su homólogo al FGD un máximo de 20K, o en el peor, que se inicie un procedimiento concursal contra la masa del intermediario, que viene a ser lo mismo que no ver un puto duro en la vida porque no tienen ni patrimonio en forma de oficinas que liquidar y resarcir a los acreedores.
Ojo con esto que estas falsas cuentas corrientes por no tener no tienen ni IBAN y se prestan a la sustracción de ahorros que da gusto.
Con eso, decía, te coge el menos espabilado de Newtral y te hace un traje. Si encima repara en que cada uno de los episodios lo comienzas con una cita a Tsun Zu, Maquiavelo u Orwell pues ese mismo redactor de Newtral, buscando primero en Wikipedia quiénes son esos pavos y haciendo un gigante esfuerzo para entender cuantísimo de flipao tiene tirar de ellos en cada capítulo, entonces esa presunta persona, el redactor de Newtral, procederá a reírse de ti, David Webb. Si además hace una labor de investigación rápido verá que Kim DotCom tcc El Gordo De MegaUpload hace poco le dio cancha al texto, con lo que todos sabemos ya qué supone eso en cuanto a denigrar un libro o considerarlo Tabla de Ley según sean unos u otros quienes lo compartan, ensalcen, critiquen y demás. Adonde quiero ir a parar con esto es que el señor Webb parece mentira que haya caído en un error tan grave. ¿O en realidad no es tal y existe una segunda intención tras esta aparente torpeza? Ni idea.
The Great Taking (que particularmente creo que La Gran Expropiación aunque no se ajuste a lo literal en la traducción si considero sería un título elocuente en cuanto a lo que postula) tiene sus cosillas interesantes y sus predicciones demenciales, todo al amparo de hechos pasados pero no demasiado lejanos y ciertas maniobras jurídicas en la sombra que la verdad es que si Webb hubiese sido más prolijo en las citas a los tratados y códigos de comercio y civiles que habilitan dichas fuladas le habría quedado algo bastante aparente (y útil) en vez del tremendo mierdolo que se ha cascado. Porque la sensación es que aquí mezcla durante siete capítulos un poco de todo en cuanto a atropellos del capital y la banca central contra los ciudadanos de a pie para, milagrosamente, concluir que vienen las CBDC (Moneda Digital de los Bancos Centrales). Y para ese viaje de mierda no hacían falta las alforjas de Loewe, David. Es algo patente y que no precisa de una ingeniería jurídica y financiera que se fragüe durante décadas. Es decir, que no tienes que irte a las expropiaciones de oro de principio del siglo XX en EEUU ni a los inminentes impagos de bonos del tesoro que se darán en España (esto no lo dice Webb, esto lo añado yo porque es evidentísimo que cuando España quiebre la primera suspensión de pagos, incluso antes que a funcionarios y pensionistas contributivos, será sobre las obligaciones del Estado para quienes posean esas titulaciones de deuda, en realidad unos pagarés que vistas las cuentas estatales, de dónde vienen y a dónde van, hacen un valor seguro e infalible a los pagarés de Nueva Rumasa).
Si es muy interesante lo que traza sobre las garantías de títulos de acciones y derivados. Ahí Webb por un lado habla de una reforma legal que digamos que lo que hace es, en caso de quiebra del intermediario, permitir a los grandes tenedores (¡hola, BlackRock!) ejercitar como garantía cualquier tenencia del particular que adquirió lo que sea a través de ese intermediario. En cierta manera es convertir el asunto en una especie de concurso de acreedores donde el acreedor privilegiado es el fondo/gran tenedor y los activos y propiedades del particular pasan a ser parte de la masa concursal, una aberración en el código civil español y europeo pero que en EEUU, a falta de corroborarlo, cosas más raras se han visto y no me extrañaría. En ese sentido habla de unas reformas a nivel jurídico de la UE que armonizan esto para aproximar nuestras leyes a las de EEUU, de nuevo otra idea de demente de primeras pero que a poco que se piense que Europa lleva 2 décadas siendo una colonia yanqui pues ni me sorprendería que hayan conseguido meter mano. Y como los contratos del mercado de valores uno sólo los mira cuando hay una debacle tipo 2008 poder buscar el teléfono del fondo de garantía pues lo mismo resulta que ahí figura la cláusula y eso ya no lo vuelves a ver en la vida.
EDITO para añadir a 23/05/24 que, por casualidades de a vida, buscando una cuenta sin comisiones que diese algo de rentabilidad, a poco que te salgas de la puta banca española, sí que empiezan a salir productos operados por entidades nuevas o de opaca procedencia (Trade Republic y su falsa cuenta de ahorro, por ejemplo) que se anuncian como con licencia de banca y garantes de cobertura del Fondo de Garantía de Depósitos hasta los 100K € (es decir, el estándar español) pero luego indagas y resulta que es un despropósito en el que ubican todo el líquido de los depositantes en una única cuenta omnibus en un banco tocho (JP Morgan, principalmente; es decir, BlackRock) y ahí ya desde transferencias que quedan en un limbo financiero (y por lo tanto has de dar por perdidas) a una posible quiebra donde, efectivamente, las condiciones contractuales sumadas a donde opera la cuenta colectiva depósito mas el detalle de las responsabilidades ante impago del intermediario que no opera jamás como banca al uso sí que hacen que en caso de quiebra, en el mejor de los casos, si la cuenta es del sistema bancario irlandés o alemán, puedas recuperar por cobertura de su homólogo al FGD un máximo de 20K, o en el peor, que se inicie un procedimiento concursal contra la masa del intermediario, que viene a ser lo mismo que no ver un puto duro en la vida porque no tienen ni patrimonio en forma de oficinas que liquidar y resarcir a los acreedores.
Ojo con esto que estas falsas cuentas corrientes por no tener no tienen ni IBAN y se prestan a la sustracción de ahorros que da gusto.
April 20, 2025
I read it in one sitting, almost, although I skipped the appendix.
Sobering read. It somewhat rings true.
In the last 2 decades or so, there has been a big change in the implementation of securities ownership.
The financial institution which is the custodian of securities which belong to you is today allowed to use that property of yours as collateral.
Though it might seem shocking and unfair, your securities can be "repossessed" in the event of your financial institution becoming delinquent on a loan, in the same way lenders can repossess your car or house if you fall behind on the payments.
In the event of the financial institution becoming insolvent, you have no absolute claim to those securities.
Secured creditors can take client assets.
A big financial crisis is being orchestrated now that will steal all the wealth and property of most people and reduce us to debt servitude.
Who are the "secured creditors", the "protected class", the "collateral takers"? He mentions "The Great Reset" a few times. I feel like this would be more compelling if the author could be more specific about the identity of this dire enemy.
So, shadowy conspiracy that has been around for over 100 years? Or just wealthy and powerful people being greedy?
Available for free at https://thegreattaking.com/
Sobering read. It somewhat rings true.
In the last 2 decades or so, there has been a big change in the implementation of securities ownership.
The financial institution which is the custodian of securities which belong to you is today allowed to use that property of yours as collateral.
Though it might seem shocking and unfair, your securities can be "repossessed" in the event of your financial institution becoming delinquent on a loan, in the same way lenders can repossess your car or house if you fall behind on the payments.
In the event of the financial institution becoming insolvent, you have no absolute claim to those securities.
Secured creditors can take client assets.
A big financial crisis is being orchestrated now that will steal all the wealth and property of most people and reduce us to debt servitude.
Who are the "secured creditors", the "protected class", the "collateral takers"? He mentions "The Great Reset" a few times. I feel like this would be more compelling if the author could be more specific about the identity of this dire enemy.
So, shadowy conspiracy that has been around for over 100 years? Or just wealthy and powerful people being greedy?
Available for free at https://thegreattaking.com/
March 16, 2025
This man rightly speaks about the financial order of slavery. His "solution" is about taxing electronic transactions. LOL. I wonder if he is a Trojan horse or just a retard.
The solution is as simple as understanding the government has no saying in what we use to buy or sell. The moment the government establishes an official currency is about power and control; just as taxation is about power and control. When people are let alone to buy and sell, the result tends to be that people buy and sell with gold, and that is what it is normally known as "gold standard". The government does not need to establish any gold standard, let alone fiat or CBDCs.
Humanity's attraction towards slavery expresses itself as what we know as government. Of course, humanity's attraction (unless a miracle) won't be going away any time soon.
The solution is as simple as understanding the government has no saying in what we use to buy or sell. The moment the government establishes an official currency is about power and control; just as taxation is about power and control. When people are let alone to buy and sell, the result tends to be that people buy and sell with gold, and that is what it is normally known as "gold standard". The government does not need to establish any gold standard, let alone fiat or CBDCs.
Humanity's attraction towards slavery expresses itself as what we know as government. Of course, humanity's attraction (unless a miracle) won't be going away any time soon.
Read
June 30, 2025The Great Taking is definitely thought-provoking! David Rogers Webb, author, sheds light on critical forces shaping our financial world. He writes a compelling narrative that weaves in personal history and global history; inviting readers to think deeply and ask big questions. If you’re ready for a book that challenges conventional perspectives and sparks meaningful conversation, this one belongs on your TBR list.
December 29, 2023
9.5/10.
A very important analysis of the current financial system by an insider who woke up to the massive scale of the problem. If you want to know how they get to “you will own nothing and you will be happy”, you need to read this.
Watch the hour long documentary here: https://m.youtube.com/watch?v=dk3AVce...
Or read the short book here: https://thegreattaking.com/
A very important analysis of the current financial system by an insider who woke up to the massive scale of the problem. If you want to know how they get to “you will own nothing and you will be happy”, you need to read this.
Watch the hour long documentary here: https://m.youtube.com/watch?v=dk3AVce...
Or read the short book here: https://thegreattaking.com/
June 7, 2024
A thorough and eye-opening exposition drawing from historical events and current happenings on how the global financial system has been and is at all cost set up to accumulate wealth for the minuscule few, undermining the prosperity of the rest. "All
they have had is the power to print money. The rest, they have usurped from humanity"
they have had is the power to print money. The rest, they have usurped from humanity"
February 3, 2024
I wish this book contained a conspiracy theory. But his insight is too deep and his documentation is too thorough. This is reality, the approaching arrival of the most controlling economic system to ever exist. Read it to understand and prepare, we’ll be living it soon.
April 15, 2024
There were parts of chapter one that I had to skip through because it was impenetrable to my puny mind. The information that I did glean from the (short) book is terrifying and problematic if it comes to fruition for the baddies.
I'm keen to read articles and comments on the subject matter.
I'm keen to read articles and comments on the subject matter.
May 22, 2024
THis is a valuable book. I listened to it and I know I missed much of the info here. It is important info and I think I need to continue to pursue understanding these issues more. He talks about the control and power of the central banking industry.
January 5, 2024
Interesting read. A bit dry and technical for my taste, but glad I read it.
November 13, 2024
Everyone should read this book and draw their own conclusions.
December 3, 2024
The fine detail of the economics in the middle section went right over my head, but this was nevertheless and interesting read.
October 7, 2025
Economisch werk van hoog niveau.
February 13, 2024
Sometimes a book hits you with a central idea that seems at first so preposterously unlikely that you can't help but laugh out loud (as I did) and think, "this is all conspiracy theory."
But if there's anything the past three or four years have taught us, it's to perk up and pay attention when you hear a consp... [see the rest on my book review site.]
But if there's anything the past three or four years have taught us, it's to perk up and pay attention when you hear a consp... [see the rest on my book review site.]
November 16, 2024
I wish I could give it ZERO stars. Pure fearmongering for brainwashed doomers, don't spend even one minute of your life reading this book. No, all the stocks in the world will not be "taken" from you in some massive theft.
Also, the author "David Rogers Webb" claims to be a former hedge fund manager, I couldn't find any info online to substantiate it or in fact any information about him from before releasing his book.
He claims to do real estate investments in Stockholm. The only financial "proof" I found for that is his Swedish company doing "forest managetment" that has 0 employees and 0 turnover:
https://www.allabolag.se/foretag/davi...
Draw your own conclusions.
Also, the author "David Rogers Webb" claims to be a former hedge fund manager, I couldn't find any info online to substantiate it or in fact any information about him from before releasing his book.
He claims to do real estate investments in Stockholm. The only financial "proof" I found for that is his Swedish company doing "forest managetment" that has 0 employees and 0 turnover:
https://www.allabolag.se/foretag/davi...
Draw your own conclusions.
October 20, 2024
I recommend this book but be aware ... once it dawns on you what's going down you may have sleepless nights. Mr. Webb has painstakingly documented proof for those who are tempted to dismiss this as a mere conspiracy theory. As a former successful hedge fund manager he thoroughly understands the system even if we don't.
If you don't want to buy the book there's a free PDF at thegreattaking.com He didn't write this to make money but to warn us all. Part of the book is his personal story which is interesting. Other parts of the book may be tough going if you're not a financial type but Mr. Webb also made a video to help we plebs understand. ----> https://www.youtube.com/watch?v=dk3AV...
In addition he kindly did multiple interviews which can be found on the same platform and others.
Read this book and get ready. (Job one is to get out of debt). Tell your loved ones and anyone else who will listen. Find a way to help them understand! If they think it's a "conspiracy theory" please show them this site---> https://trunorthpublicpolicy.com/
If you don't want to buy the book there's a free PDF at thegreattaking.com He didn't write this to make money but to warn us all. Part of the book is his personal story which is interesting. Other parts of the book may be tough going if you're not a financial type but Mr. Webb also made a video to help we plebs understand. ----> https://www.youtube.com/watch?v=dk3AV...
In addition he kindly did multiple interviews which can be found on the same platform and others.
Read this book and get ready. (Job one is to get out of debt). Tell your loved ones and anyone else who will listen. Find a way to help them understand! If they think it's a "conspiracy theory" please show them this site---> https://trunorthpublicpolicy.com/
June 27, 2025
just read it again. It´s such a good book. to Quote "To not know is bad. To not want to know is worse"
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