“Our sufferings today are the prelude of those that you, Europeans and Western Christians, will also suffer in the near future…. Your liberal and democratic principles are worth nothing here. You must consider again our reality in the Middle East, because you are welcoming in your countries an ever-growing number of Muslims…. Islam does not say that all men are equal. Your values are not their values. If you do not understand this soon enough, you will become the victims of the enemy you have welcomed into your home.”
When the banks run out of money, they may seize yours.
Instead, failing banks will turn directly to their unsecured creditors when they need money. And within this context, that means you.
As part of this approach, the United States is preparing a proposal to require systemically important banks to issue bail-inable long-term debt that will enable insolvent banks to recapitalize themselves in resolution without calling on government funding–this cushion is known as a “gone concern” buffer.
[Editorial note: I guess the banks would no longer be concerned, i.e. “gone concern”, as it solves their problem with OPM, but maybe those whose accounts are used as part of the bail-ins, meaning those who hold accounts in those banks, might be a bit concerned about this solution.]
This story says the investigation is of Russian hackers, but the question must be asked, since the cabal and Federal Reserve system and central banking is being fought by the emergence of BRICS and the support of 188 nations, is this “hacking” done from within by the banksters themselves in order to create their own “bail-in” and in order to attempt to keep their own sinking ship afloat? It is worth asking and worth investigating.