A little forewarning?? MSM article letting Canadians know that this countries Big Banks, are vulnerable to a global economic shockwave. I have posted in the past, that the Harper Government has added a Cypress styled Bail-in section to the 2013 Federal Budget. Although they tried to say this emergency cash would come from the Banks own emergency funds, dont believe it for one moment. You all know that Governments in power, tend to tell the people what they want to hear! A small quote from the article... It all sounds far-fetched as the markets trade near record highs, banks post record profits and pension funds are more flush than they have been in years. Of course, this is how it also looked before the financial crisis struck in 2008-09. The luring of investor money, by the PTB, into the highly manipulated and controlled global financial markets, knowing full well that theyre going to pull the plug out of the arse end of the bull!! Of course, those responsible, will have already pulled their cash out and will have invested everything short! It will happen but the timing will be tied to interest rates and the U.S. dollar, which they want to destroy! M. ca.finance.yahoo/blogs/balance-sheet/canadian-banks-still-vulnerable-financial-shocks-study-174312009.html
Posted on: Fri, 21 Mar 2014 17:24:59 +0000
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