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Breaking News: G20 Global Watchdog Prepping For Systemic Banking Event With "New Tools"
The G20's risk watchdog highlights the need for tools like "bail-in" bonds to manage failing clearing houses without taxpayer money. The Financial Stability Board introduced standards requiring clearers to maintain resources like liquidity and loss-absorbing capacities to prevent financial disruptions.
1. https://finbold.com/monster-insider-trading-alert-ted-cruz-sells-up-to-500m-of-goldman-sachs-stock/
2. https://www.reuters.com/business/finance/regulators-told-be-ready-handle-failed-clearing-houses-2024-04-25/
3. https://www.reuters.com/markets/europe/us-treasury-market-braces-overhaul-vote-clearing-looms-2023-12-13/
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment only. Some links included in description are affiliate links and cost you no additional money if used.
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