More and more commentators are talking of this huge risk to savers and bank account holders, where they lose all of their deposits when the bail-ins happen, as the bondholders are bailed-out first.
Looking back from the future, after the crash, we will be able to see many intelligent people who were desperately trying to warn us of what was coming, but no-one was listening.
Here is Nomi Prins giving an insider's view of what is happening at the Fed:
http://www.youtube.com/watch?v=njDQiPoVAng&feature=c4-overview&list=UUG-G8LLr38fQUNZU8K0t-EA
Tuesday, December 10, 2013
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