Bank regulators from the US and UK are playing a war game that simulates the effects of a failure of a major bank. [The idea is to anticipate the crisis points and develop strategies to cope with them. These world-class bankers say they are going to need new strategies that are better than the old. The code words they are using in public discussion suggest that they are planning to save future failing banks by taking the deposits of their customers rather than turning to governments for bailouts from taxes. The strategy of returning to sound money and honest banking is not one that they are considering.] –Unfiltered News 2014-10-17 Did you catch that? Let me repeat it for you! Bank regulators from the U.S. are…PLANNING TO SAVE FUTURE FAILING BANKS BY TAKING THE DEPOSITS OF THEIR CUSTOMERS… This has already been done in other countries and WILL happen here!
Posted on: Sat, 18 Oct 2014 04:53:25 +0000
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