We have to be smart in how we fight against Trump and the Republican Party this time around. That means picking our battles wisely, and not taking bait that’s dangled in front of our faces.
bail-ins
Follow:
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Central Bank Digital Currencies: A Revolution in Banking?
Central Bank Digital Currencies could supplant the money now created by private banks.
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Brexit and the Derivatives Time Bomb: Will "Italeave" Be Next?
The Brexit could trigger a $500 trillion derivatives meltdown by forcing the E.U. to allow insolvent member governments and banks to write down debt.
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Merchandised Consumer Democracy: The Cause of the Economic Cancer in the United States
A socially democratic citizens’ revolution to secure a new and just government and economy is an immediate necessity.
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A Crisis Worse than ISIS? Let the Bail-Ins Begin
This is what is predicted for 2016: the public's massive sacrifice of savings and jobs to prop up a “systemically risky” global banking scheme.
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Hang Onto Your Wallets: Negative Interest, the War on Cash, and the $10 Trillion Bail-in
If you’re an ordinary saver with your money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.
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The Road to Serfdom: How Austerity and Bail-ins Will Pummel the 99%
The 2008 financial crisis left political and economic elites with two major problems: how to pay for the bank bailouts in the short term and how to prepare for the next financial collapse.
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New G-20 Rules Authorize Global Seizures of Public Deposits and Pensions
Global leaders may not have known what they were endorsing last month – or did they? – when they rubber-stamped a resolution that completely changes the rules of banking.
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Building an Ark: How to Protect Public Revenues from the Next Meltdown
While the too-big-to-fail banks have collectively grown 37% larger since 2008, we are steamrolling toward the greatest financial disaster in world history, and nobody is doing much of anything to stop it.
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Ticket to Insolvency: The Fed's Bizarre New Rules to Asset-Strip Local Government
The latest misguided move by regulators could result in serious collateral damage to cities – maybe serious enough to finally propel them into bankruptcy.
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Big Banks Hit with Monster $250 Billion Lawsuit in Housing Crisis
Investors led by BlackRock, the world’s largest asset manager, and PIMCO, the world’s largest bond-fund manager, have sued some of the world’s largest banks for breach of fiduciary duty.