The War on Savings: The Panama Papers, Bail-Ins and the Push to Go Cashless
Apr 13, 2016 Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with a "war on cash" and the potentially imminent threat of massive bail-ins of depositor funds.
A Crisis Worse Than Islamic State? Bank ‘Bail-Ins’ Begin
Dec 29, 2015 While the mainstream media focus on Islamic State extremists, a threat that has gone virtually unreported is that your life savings could be wiped out in a massive derivatives collapse. Bank bail-ins have begun in Europe, and the infrastructure is in place in the United States.
Hang On to Your Wallet: Negative Interest, the War on Cash and the $10 Trillion Bail-In
Nov 21, 2015 If you’re an ordinary saver with money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.
Can the FDIC Protect Your Money From Another Crash?
Aug 31, 2013 The first of a planned three-part series on the dangers of private banking highlights government documents describing plans to confiscate the deposits of individuals as well as cities, universities, counties and pension funds when another banking crash occurs.
The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks
Aug 5, 2013 The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally.
Think Your Money Is Safe in an Insured Bank Account? Think Again
Jul 5, 2013 An international trend to shift responsibility for bank losses onto blameless depositors lets banks take and gamble away your money.
