They are coming after your pensions (government and private) and deposits. This is not some conspiracy. Read the article check out the laws and regulations that have just been passed......We the people (not just of America, but most of the world ) will be on-the-hook when their ponzi scheme of fiat money collapses. On December 11, 2014, the US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorganChase, stepped into the ring. Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks. And if the G20’s new “bail-in” rules are formalized, depositors and pensioners could be on the hook. ellenbrown/2014/12/12/bail-in-and-the-financial-stability-board-the-global-bankers-coup/
Posted on: Sun, 14 Dec 2014 03:17:34 +0000
Trending Topics
Recently Viewed Topics
© 2015