08/08/18

Depositors – Not Taxpayers – Will Take the Hit for the Next ‘2008’ Crash Because Major Banks May Use the ‘Bail-In’ System



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Depositors – Not Taxpayers – Will Take the Hit for the Next '2008' Crash Because Major Banks May Use the 'Bail-In' System
// Global Research

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The Federal Reserve's recent undermining of the Volcker Rule brings depositors closer than ever to a Cyprus-style "bail-in" in another 2008 crash. And all signs indicate another is on the way.


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