When the United States economy is being threatened by large foreign creditors, e.g. China and Japan, it has no other option but to seize people’s assets, i.e. real estate properties and bank deposits. Already, the amount of police civil asset forfeitures have exceeded burglary in 2014 alone.
With the new regulation that is being agreed upon by the G20, all of your bank deposits will be considered an investment to the bank, and the bank will, in turn, consider those deposits as part of their capital.
That’s a good investment if the bank itself is stable. But that is simply not the case.
That’s why Putin took an early exit…