Did a series of banks not-so-randomly failing across Europe present a negative bellwether for another imminent 2008 Global Financial Crisis? How would any average citizen know? In this inaugural episode of Money and Fear, we’ll review a sampling of bank failures, weigh whether more institutions can and/or will fail, and what it all means for “systemic risks”, “contagion”, and other fun technical words used to nonchalantly summarize global economic mayhem. We’ll also ask if there is any sense of a wider – or deeper – design to such wealth destruction which would seek financial asset consolidation as a political tool, believe it or not. Do not miss this one-of-a-kind show to find out what co-opted global governments don’t want you to know!
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Show Notes
Newsbud Exclusive- European Bank Failures: When Do They Go Globally Systemic, and Who Decides?
Collapse of Veneto banks would create systemic crisis: undersecretary
Italian Banks, A German Bank and The Euro
The Italian Banking Crisis: Fear of the Walking Dead
Trump’s America Is Facing a $13 Trillion Consumer Debt Hangover
JPMorgan Tells Banks to Partner Up as U.S. Deposit Drain Looms
Text #1: Alchemists of Loss: How Modern Finance and Government Intervention Crashed the Financial System by Kevin Dowd & Martin Hutchinson
Text #2: The Death of Money: The Coming Collapse of the International Monetary System by Jim Rickards
Text #3: The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis – Ibid.
*For additional footnotes and links refer to the Newsbud article link above