This last month has shown America that society will gladly tolerate vigilante violence, provided a vigilante chooses the right target.
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.