(Video) Spain Bank COLLAPSES! Bailout for Just €1 as EU Completely Falling Apart!

in #money7 years ago

Just when you thought the turbulence was over, Europe comes back to save the day. A Spanish bank was just about to fail and the technocrats stepped in to ensure the too big to fail policy is implemented. Any corporation deemed too important to the economy must be bailed out at any cost. The dominoes continue to fall.

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In This Episode:
Just when you thought the turbulence was over, Europe comes back to save the day. A Spanish bank was just about to fail and the technocrats stepped in to ensure the too big to fail policy is implemented. Any corporation deemed too important to the economy must be bailed out at any cost. The dominoes continue to fall.

spain euro europe spanish bank banking EU ECB
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Love your videos man, very informative.

Thank you! I try to post daily so stay tuned.

Hey brother I watch you every morning before work. I love your show and in your face statistics and content. I've been watching you for a very long time. I would like your insight on how you believe the government will enforce taxes on crypto currencies in the near future. I myself work for the government war machine, and I know for a fact that when people's pay/jobs are at stake due to the lack of tax revenue from the transition to crypto's, there will be some draconian measure put into place. Will they be successful? What do you think? I need some critical thinkers on this one. Please read my article below and provide your input. Thanks:

https://steemit.com/money/@threat08/avoiding-capital-gains-tax-15-avg-when-cashing-out-your-bitcoin-into-fiat-theoretically-of-course

I believe they will go after the exchanges. That's probably the best way. I think there are two important things to look into . Crypto tumbling to evade the system. Secondly, keeping the currency in an offline wallet.

This is a big F-U to the system.

Was it only bond holders that got screwed, or were the peoples deposjts touched as well. Ive told many people in the US that banks have the right to confiscate your deposits to save it from insolvency, but everyone assures me that the US would never approve a law like that.

All G20 nations have allowed the bail in laws. I still need to confirm all of the details of this event.

I think we are due for a crash I real soon. This is the second bank I have heard of

One after another they are tumbling down!

I would spread... I'm a t-girl so they'll have to fight between this law and liberalism and social justice warriors. !!! I would spread just to make them fight for this stupid non-sense lolll! they 're gonna get so pissed off (the left wing) at each others that they will reduce the number of themselves fighting each others for not much!!!this world is sick, is Mars ready to welcome them all? ( by the way socialist canada is pouring millions to make a map of Mars, their future home)

This whole world is turning to madness yet the vast majority is opting into it! The banking establishments are the root cause.

Not again? last time it happened create a chaos for european peripheral bond..

We'll see if they can contain it.