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Secret FDIC Banker Meeting EXPOSED: “I almost think you’d scare the public if you put this out”

I’ve warned you for years that the next banking crisis will not end in a bail out….it will end with something much worse: “bail-ins”.

What’s a bail-in?

It’s simple.

When the public realizes the banks are insolvent and bank runs start, the banks will suddenly close (or not reopen like normal)….this will likely happen over a weekend, with high odds of it being a holiday weekend so they catch as many people unprepared as possible.

When the banks finally do reopen, they’ll tell you your account was “bailed-in”.

What’s that mean?

It means they’ve taken a portion of the money you had in your account and used it for the greater good.  How much?  That remains to be seen.  Will it be 10%?  20%?  We will likely soon find out.

The bank will tell you this had to be done to save the system….better for you to have given 10% or 20% and we save the entire system than to have it all go bust, right?

That will be the sales pitch.

And before you think this is just my imagination running wild, let me show you a few things….

First up, posted directly to FDIC.gov is this document: Bailouts, Bail-ins, and Banking Industry Dynamics

Here’s what it looks like:

Take a look at this part in particular:

Sounds an awful lot like what I just told you, doesn’t it?

Again, please understand this is not a document I created, this is posted to the official FDIC.gov website!

Oh, and allow me to clarify something for you in case you didn’t pick it up right away….YOU are considered a creditor to the bank when you put your money on deposit with them.  Now read that last bullet point again: the bail-ins impose the losses of the bank onto its creditors!  That’s you!

Here’s more on how it works:

Yes, depositors of a bank are considered creditors. When you deposit money into a bank, you are essentially lending that money to the bank. The bank then owes you the amount you deposited, plus any interest promised (in the case of interest-bearing accounts like savings accounts or certificates of deposit). This creates a debtor-creditor relationship, where the bank is the debtor (owing the money) and the depositor is the creditor (to whom the money is owed).

Legally and financially, this is reflected in how banks treat deposits as liabilities on their balance sheets. If a bank fails, depositors are classified as creditors in the liquidation process, though they may have priority over other unsecured creditors depending on jurisdiction and deposit insurance schemes (like the FDIC in the U.S.). However, in everyday terms, depositors don’t typically think of themselves as “creditors” since the relationship is governed by banking agreements and often feels more like a service than a loan. Still, technically, that’s what they are.

But surely that’s just a one-off situation, right?

Wrong.

Take a look at this one from the NewYorkFed.org titled:  Why Bail-In? And How!

I’ll let you read that one for yourself if you’re interested, but it’s the real deal.

And this isn’t just a theoretical concept….don’t forget they’ve already tested it in Cyprus and Greece.

Remember this?

Now the big one….

Documents are one thing, but sometimes a picture is worth a thousand words — and video is worth even more!

So behold, I give you this video of a recent FDIC meeting which literally looks just like you’d expect — a bunch of bankers in suits in a secret meeting talking about their plans for what they’re going to do next and how they will manipulate the “stupid public”.

Watch as they laugh at you for having faith in the FDIC system….literally!

Then they debate how much they should tell the public about how risky the system is and how likely it will be to soon crash.

This is sick stuff folks….

Watch as they debate just how much they should tell the public: “We have warn them don’t we, at least a little bit?  Yes, but we surely don’t want to spook them.  We can’t really tell them the truth or they’ll go running for the exits….”

This is wild stuff folks!

All I can say is….Got Gold?  Got Silver?  Got Crypto?

Watch here:

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