MOVE YOUR MONEY BEFORE THE BANKS MOVE IT TO THEIR POCKETS-BAIL-INS ARE COMING SOON!

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MOVE YOUR MONEY BEFORE THE BANKS MOVE IT TO THEIR POCKETS-BAIL-INS ARE COMING SOON!

Submitted by Dave Hodges on Monday, February 6, 2023 - 21:56.

Credit Unions?

Jamie Horto Mon, 02/06/2023 - 22:21

Comment

Dave, what about credit unions? Credit unions are usually owned by the customers who keep their money their. Would they still be affected by "bail ins"? Cause that would be like one customer taking the money of another customer.

credit unions

David Cook Wed, 02/08/2023 - 02:35

Comment

Did the question about credit unions being able to do bail ins get answered

Been A Plan For A Long Time Now

Jeff Martin Tue, 02/07/2023 - 16:34

Comment

The European Central Bank has been working on bail-ins since 2013 and rules to be implemented no later than 2018. So the rules are in place. You, as the depositor, are the "unsecured" depositor which means your money will be taken BEFORE the bank can request taxpayer bail-outs. Not much difference between the "taxpayer" and the "unsecured" depositor, eh? These bail-ins are to insure the bank shareholders and creditors get paid. They also talk about "financial contagion" if the failing bank has its liabilities in another bank or insurance institution. A domino-effect of bank failures. "Senior bondholders" would get a higher rate of return while everybody else takes a haircut. In a nutshell, that's the plan.

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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