Dr. Chris Martenson & Nicholas Veniamin: Why You Must Take Your Cash Out of The Bank!
You might be shocked to learn that “your” money in your bank account is not actually yours. When you place money in a checking, CD, or savings account at the bank, you are actually making an unsecured loan to the bank.
This is equally true in the U.S. as it is Canada, Australia, and Europe. The so-called “international community” implemented the so-called bail-in rule in response to the Great Financial Crisis.
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