Will COVID Be Used to Finesse Bank Bail-Ins too?Thu 10:56 am +01:00, 2 Jul 2020
Birth of the new financial order
Will there be bank bailouts like in the 2008 crisis, or bank bail-ins as we’ve seen the banksters preparing for? Or will this be a different type of crash altogether? James explores the global banking architecture and how banksters have been scheming to pick your pocket next time they’re in trouble.
Corbett show notes https://www.corbettreport.com/will-there-be-bail-ins-qfc-063/?utm_source=feedburner&utm_medium=email&utm_
If you don’t hold it you don’t own it
Exclusions may appear to offer a sense of security however when you deposit money in the bank you give the bank an unsecured loan in exchange for a promise to pay you back. In other words, if you don’t hold it you don’t own it … the money belongs to the bank.
Even if you have deposit insurance, if a bank is insolvent you as an unsecured creditor stand last in the queue of creditors to be paid any funds or assets the bank has to pay its creditors.
Flatten the risk curve for you and family
Know what possibly lies ahead and prepare now. https://ourgreaterdestiny.org/2020/06/covid19-is-linchpin-of-nwo-blueprint/