The New Rules Have Gone Into Effect. GET YOUR ASSETS OUT OF THE BANK!
The Central Planers wrote some new global rules after the 2008 Financial Crisis.
Predictably their minions (corporate-governments, corporate media, et al) have obfuscated this from the mass populous of Earth.
Wealthy (trader) Jim Sinclair said: “Are you a depositor in your bank? Then know you are now lending your money to that bank with virtually no return. So the bank earns big money and you get none of it, but assume all of the risk. If the bank goes broke because of their criminal activities, you lose your money.
They’ve taken an accounting title of ‘unsecured creditor,’ and now converted that, in the elites’ best interest, to ‘lender,’ for which there is no supporting case law whatsoever. Get out of the system now or you will pay the penalty. Depositors everywhere will have their money stolen at some point.”
Pause video to read or download and read:
“Resolving Globally Active, Systemically Important Financial Institutions”