Saturday, 21 December , 2024

bail-in

Is the Fed Preparing to Topple the US Dollar?

By F. William Engdahl September 02, 2019 Unusual remarks and actions by the outgoing head of the Bank of England and other central banking insiders strongly...

Depositors – Not Taxpayers – Will Take the Hit for the...

By Barbara G. Ellis, Ph.D. August 08, 2018 The Federal Reserve’s recent undermining of the Volcker Rule brings depositors closer than ever to a Cyprus-style “bail-in”...

After Greece and Cyprus, they prepare to attack Italy

A spectre is haunting Europe – the spectre of banking collapses in Italy, which could lead to renewed crisis in the eurozone, and a wider banking crisis affecting other countries with high exposure to Italian bank debt. Italy’s banks are in deep trouble, weighed down by €360bn of bad debt (“non-performing loans” in the jargon), equivalent to a fifth of Italy’s GDP (and about 18% of all the banks’ loans).

A Crisis Worse than ISIS? Bail-Ins Begin

By Ellen Brown While the mainstream media focus on ISIS extremists, a threat that has gone virtually unreported is that your life savings could be...