Bail-Ins Begin In Italy, Bond Holders Are Tapped First
The central bankers are trying to convince the world that Greece has recovered, but a closer look shows they are funding Greece while they take in refugees. The corporate media is pushing the idea that retail sales are back on track, but the only thing that pushed it higher was increase gas prices. 25% of used cars are underwater as people continue to roll their payments into the next loan. Monte Paschi begins the bail-in process and goes after bond holders. BIS gives warning that if interest rates move up the economy might collapse
stg5ive — Real Life SHTF
The Fed will raise rates in December–its all part of the plan which includes Trump being (s)elected to be the president of the United States. And WW3 is not off the table either. Until NATO moves it’s tanks, troops and missiles away from Russia’s borders, then the plan for WW3 is still a go. Trump in the White House doesn’t change a thing.