This article is make the reader aware of bank bail ins. Instead of the Government bailing out busted banks, the Government have implemented bank bail in powers, which gives the banks legality to take the monies of shareholders and depositers to cover its losses, should the economy crash. Here it is described by The Bank of England.

What are Bank Bail Ins?

Copyright: Financeworldnet.com

According to The Economist, the magazine that coined the term “bail-in”, a bail-in occurs when the borrower’s creditors, including depositors and bondholders,are forced to bear some of the burden by having a portion of their debt written off to enable the failing Bank restructure their capital so it can remain in business.

The obvious risk to bank depositors is the possibility of losing a portion of their deposits. However, depositors have the protection of the Federal Deposit Insurance Corporation (FDIC) in the United States, insuring each bank account for up to $250,000. Banks are required to use only those deposits in excess of the $250,000 protection.

Hence persons holding more than $250,000 in their bank accounts are at risk of a bail- in which could occur by means of a resolution proceeding, which provides immediate relief to the bank.

In a Nutshell, rather than taking the money from taxes already paid and from which you likely won’t be exempted from paying, they also legally forcefully take the money directly from your Bank Deposits as a shortfall for risks and failures that are entirely their prerogative.

What Causes Bank Bail-ins ?

Bank Bail-in usually occurs during:

1. A major Financial Crisis, Depression or Recession.
2. When Banks Begin to Fail.

In the UK, I believe that the maximum amount that would be covered under the deposits and savings protection is £85,000 or savings over £85,000 maybe subject to a bank bail in. What if this goes bust too? After all, it’s always the taxpayer that is bailing EVERYONE out.

Can the Banks really Take Your Deposits?

The answer is a resounding: YES!

A lot of people believe that the money they deposit into the bank is an asset they own But that is not the case.

Once a deposit is made into any bank, it is no longer your property. It is the property of the Bank. What you are left with is a promise from the bank to repay. It’s an unsecured liability. Money deposited into the bank technically makes you a creditor of the bank.

You’re liable to get burned from a bail-in should the bank get into trouble.

Cost of Lockdowns, The Coming Economic Depression, and Possible Bank Bail Ins

There are estimates that the lockdowns have cost the UK taxpayer £521 million EVERY DAY, according to one mainstream newspaper, The Daily Mail, while The Telegraph says that the cost is £2.4 billion per day, according to the Centre for Business and Economic Research. It was also covered by The Sun. At £521 million per day, annually this is taxpayer cost of £190,165,000,000. At the rate of £2.4 billion per day, the annual cost is £876 billion. No shops open to ease economic recovery. Diabolical think tank in our Governments. Over six million people on furlough. This HUGE amount of Government spending is rarely spoken of by Government or the mainstream medias, nor how it will be paid back.

Pension schemes are another asset that could be lost in this volatile market, so think about getting access to your private pension, if you can.

Let’s not forget that Rishi Sunak has increased the furlough scheme until September, I think it is, pushing the debt to astronomical heights. It’s not recoverable. If you did not hear the recording of economist Claire on The Richie Allen Show, it’s worth 12 minutes of your life.

Most People are under the illusion that if enough people get ‘vaccinated’ the world will return to normal. The Government have been lying from the start pushing a PCR test, which is not a tool for diagnosing infection. Even its inventor Kary Mullis explains this.

I am currently transcribing a recording of Dr Wolfgang Wodart’s recent Planet Lockdown interview who explains that the WHO changed the definition of a pandenic to a disease that spreads worldwide. it used to include a disease that caused worldwide deaths, but this was removed in 2009 during the swine flu epidemic. The word pandemic is a subliminal scam being used to invoke fear worldwide. It’s all scientific nonsense, with the people in power having conflicts of interest in big pharma.

Dr Wolfgang Wodarg Planet Lockdown Interview

It is important to see the bigger picture. This has never been about a virus and saving lives. It’s about restructuring the entire way we live through digital technology and surveillance. It’s under the disguise of climate change or United Nations Sustainable Development 2030, as we have some bizarre power hungry people who are very mentally ill and delusional that they can save the planet by various means.

The truth is that Almighty God is in control and Planet Earth is fine as it is. There is no over population either. it’s just greedy people in office supporting non governmental organisations (NGO’s) who want to own more, as if they don’t already. It is God’s will for man to procreate, which is why all of these strange gender policies and inequality is doing nothing to children but causing confusion from the author of confusion, Satan. Only a man and a woman can create a child. It is how God designed it. Everything else is a lie.

To Prevent Bank Bail ins, Plan Now

There are so many smoke screens being used by the mainstream media to take people’s eyes away from what is truly happening, which is preparing the world for the last world Government for the antichrist / beast before the millenium reign of King Jesus. Shutting down the economy was done purposely to destroy lives, cause mass deaths and suicide, and make people dependent on the state. If you have money in your banks, it is advisable to get it out now while you still can.

Buy silver and /or gold, if you can. Silver is a lot more affordable than gold. 925 silver is another solid investment, as this is known as scrap silver or 90% junk silver. It is physical money that you can use for barter within that cashless society / digital currency, as I believe another economy will be formed outside of that totalitarian controlled economy. UK Coin Company have a large number of coins to suit your budget. Bullion by Post will give you a complimentary 1 oz silver britannica coin on orders over £250 with promo code; O907 AR1Q.

Stock up on long life food like pasta, rice, and tinned foods, dried milk etc. At the end of September when the furlough scheme ends and the hyperinflation shit hits the fan, you will be glad that you prepared outside of the cashless society that they plan to bring in where everything will be tracked, and heaven knows what the conditioning will be like after the vaccine if people are still believing the Covid scam nonsense. How far will people go to get their lives back, when it’s all been lies to destroy and kill you. Be in the knowledge. Be prepared. Look after your family and friends.

Sorry to be pessimistic, but now is not the time to bury our heads in the sand. We need to plan ahead so that when that time comes we will at least have time to think amongst a population being controlled by hysteria and fear.

If you plan to take your money out of the bank before they potentially do bank bail ins to cover this economic destruction that is soon to come upon the UK, order your money over the phone, as if you take out the maximum amount via the cash machine over two days, they may stop your card and deem it fraud. It happened twice to my sister, even though she was withdrawing her own money. They got quite nosy too with asking her questions, but it’s really none of their business.

King Jesus has bought and paid for your salvation. Will you accept the free gift of salvation. HAVE 100 PERCENT ASSURANCE YOU ARE GOING TO HEAVEN

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