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By Ellen Brown / Original to ScheerPost Financial podcasts have been featuring ominous headlines lately along the lines of “Your Bank Can Legally Seize Your Money” and “Banks Can STEAL Your Money?! Here’s How!” The reference is to “bail-ins:” the provision under the 2010 Dodd-Frank Act allowing Systemically Important Financial Institutions (SIFIs, basically the biggest […]
The post What Will Happen When Banks Go Bust? Bank Runs, Bail-Ins and Systemic Risk appeared first on scheerpost.com.
By Blake Fleetwood / Original to ScheerPost The U.S. suffered worldwide embarrassment in the last two weeks while the American media and Republican and Democratic politicians hyperventilated over four UFO balloons that turned out to be harmless. At first the military wanted to keep everything about the Chinese balloon flight completely secret, but they were […]
The post It’s Not All Balloon Buffoonery: Weaponizing Anti-China Paranoia appeared first on scheerpost.com.