Bank For International Settlements Report: Big Banks Take Risks Expecting Taxpayers To Cover Losses

Bank For International Settlements Report: Big Banks Take Risks Expecting Taxpayers To Cover Losses.

nader nazemii

Recession 2.0 ?

The banks of course don’t care, the reason is that they know will  be bailed out by their respective governments. And we all know that those that run the Federal Reserve most were and are Bankers themselves. The Federal Reserve is as Federal as Fedex. It’s called moral hazard and they don’t care.

FRANKFURT, Germany — Governments, banks and households struggling with too much debt are dragging down the world’s economy and more needs to be done to make the banking system safer, a global organization of central banks warned Sunday. 

nader nazemi

Bailouts 2.0 ?

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