5 Jan 2016

What To Expect In 2016

"Bail-ins are coming. DC no longer has the bucks to bail out failing banks so confiscation of deposits fits the bill. The legal framework is already in the works since depositors are tagged as lenders and last to be paid if a bank goes belly up and once they go belly up, Stanley Fischer, the real head of the fed and dual citizen of Israel who's loyalties are questionable has bail ins in-mind. ...All his financial gobbledygook means that banks will recapitalise by grabbing your cheque book, you the depositor, I mean lender, takes the hit!" Brother Nathanael.

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