Ellen Brown: Banks Will Take Deposits in the Coming Financial Meltdown, LIBOR Rate Rigging and More





Can bank bail-ins come to America? Ellen Brown of the Web-of-Debt blog says, "It could, and I think it will." Brown, who has written two books on the advantages of public banking, contends, "They don't have any alternative if they are going to keep these banks alive. This is the solution: They just knock down the liabilities, and they will be solvent again, but what that means is they'll be taking the depositors' money. . . . They are making it legal. This is what will be done in the event they are not solvent. They are too big to fail. They can't allow these banks to fail, so what will they do? They will take the deposits and case solved."


1 comment:

  1. is how america encercle europe with terrorism; from vietnam to libya, on the southern front, and now the northern front a war with russia, while europe is part of russia as NATO is part of europe. so dissolve and change the name, problem solve. as is crazy to have wars between europeans for the american banks? "end of nato-OTAN'

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