with Ellen Brown
Writer, Dandelion Salad
The Web of Debt Blog
December 4, 2013
Greg Hunter on Dec 1, 2013
Ellen Brown, founder of WebofDebt.com, thinks so-called ‘bail-ins’ are coming. Depositors’ money will be legally taken. Brown says, “That’s the big disaster that’s coming. Probably one of these big derivative banks will go bankrupt . . . the derivative players will get first dibs. They’ll grab all the deposits, and there won’t be anything left.” Join Greg Hunter as he goes One-on-One with author and journalist Ellen Brown.
see
Monsanto, the TPP, and Global Food Dominance by Ellen Brown
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GFC and its bail in legacy explained http://www.youtube.com/watch?v=VBtE4afVBWA
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These days banks are paying close to nothing on deposits, so might as well keep the money at home (safe, buried, etc.), where you know it is safe. Keeping it under the mattress is becoming reality.
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I am very worried about this because it has already happened in Europe (Cyprus) and this tactic was discussed as the new way forward for bank crises in places like The Guardian. These guys want it ALL!