Is your bank a bail in bank? Yes, it is...

The Irish Ram

LITTLE GIRL / Ram Tough
Apr 10, 2011
24,817
14,352
Did you know that the Obama era Dodd Frank banking law means the gov. no longer needs to bail out banks that are too large to fail? That's the job of their depositors now, and they don't have to pay you back.
With bailouts, governments inject money back into troubled banks and corporations to help them avoid bankruptcy. But that isn't the case with bail-ins because banks use the money they have available from depositors and unsecured creditors to help them avoid failure. That means your money may be at risk of being used to help your bank keep itself afloat.

1669054350989.png


Be careful. The Bill Gates/Klaus Schwab G-20 is busy....
 
Take your money out of your bank and use it to buy shares of stock for the bank ... capitalism at its finest ...
 

Forum List

Back
Top