bail-in

“The Great Taking”: How They Can Own It All

“’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”] The derivatives bubble has been estimated to exceed one quadrillion dollars (a […]

What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk

Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest banks) to bail in or expropriate their […]

Will There Be Bail-ins? – QFC #063


A listener writes in to ask about the economic crash we're about to experience. 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? Join James for this exploration of the global banking architecture and how the banksters have been scheming to pick your pocket the next time they're in trouble.

Will There Be Bail-ins? – Questions For Corbett #063

[audio mp3="http://www.corbettreport.com/mp3/qfc063-bailin.mp3"][/audio]A listener writes in to ask about the economic crash we're about to experience. 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? Join James for this exploration of the global banking architecture and how the banksters have been scheming to pick your pocket the next time they're in trouble.

The Disaster of Negative of Interest Rates

President Trump wants negative interest rates, but they would be disastrous for the U.S. economy, and his objectives can be better achieved by other means. The dollar strengthened against the euro in August, merely in anticipation of the European Central Bank slashing its key interest rate further into negative territory. Investors were fleeing into the […]

Germany’s deputy finance minister say ‘Greece must not be granted a bail-in’ where creditors take a loss

Fearful that EU member states and “institutional creditors” would take a complete bath, and suffer political retribution from their local constituents, Germany is once again warning all involved in the never ending Greek debt crisis, that a “bail in” involving creditors must not take place.
A “bail in” involving the Greek population (in the spirit of the Cyprus “bail in” model used years ago), we imagine will be perfectly acceptable for the German deputy finance minister, and the unelected oligarchs ruling over their EU kingdom.

The Italian Banking Crisis: No Free Lunch – Or Is There?

It has been called “a bigger risk than Brexit”– the Italian banking crisis that could take down the eurozone. Handwringing officials say “there is no free lunch” and “no magic bullet.” But UK Prof. Richard Werner says the magic bullet is just being ignored.  On December 4, 2016, Italian voters rejected a referendum to amend […]

The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless

Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds. The bombshell publication of the “Panama Papers,” leaked from a Panama law firm specializing in shell companies, has triggered […]