TOO Big to Fail has become that little bit smaller
1,594 views · Published 21 December 2016 · 3:52 · Indexed 4 November 2026
Channel: The 2% Brief · 2016 · People & Blogs
http://illuminatisilver.com http://facebook.com/illuminatisilver Too Big to Fail has become that little bit smaller Today is Wednesday 21st December 2016 and we are highlighting a latest news report which clearly shows us that the state of financial Institutions are such that they are all virtually too big to fail. In our last video we highlighted the plight of the world’s oldest bank founded in 1472, Banca Monte dei Paschi and how it has until the end of the month to raise 5 Billion euros, without which, it would totally run out of money within 4 months. In fact, it is reported that it has only managed to raise 10% of what is required a paltry 500 million euros. Well today, the Italian Parliament has approved a government plan for a possible €20bn bailout of its country's banks. It is likely that the Italian Treasury will have to use some of this fund to rescue Monte dei Paschi, by the end of next week. The rescue fund will be used to prop up other banks as well. Now the important aspect of today’s News report is this: ‘The new Italian Prime Minister, Paolo Gentiloni, has vowed not to let the bank fail, for fear that its collapse could topple the rest of Italy's heavily indebted banking sector. Failure of the bank would threaten the savings of thousands of Italian citizens.’ This is precisely the same argument the FED and the US Government put forward in bailing out some of its larger institutions as a result of the 2008 Crisis. Be under no illusion whatsoever, Banks of any material size will not be allowed to fail – anywhere in the western World for fear of this contagion. Not to protect bankers and executives jobs, but because of the fear of the repercussions and the panic it will cause. Too Big to Fail – has become just that little bit smaller. Please view our latest videos: World's oldest bank Banca Monte dei Paschi could run out of money soon https://youtu.be/XyNsPibg_UU Lagarde found guilty of negligence but is allowed to go Free https://youtu.be/9502GWBIvxE Why the Dollar won’t collapse on 31st December 2016 - Guaranteed https://youtu.be/XX4AHkvwHXM The various Uses of Silver Series - Jewellery https://youtu.be/y1y0GWlcs6U One hour left to enter our 2016 Gold and Silver Competition https://youtu.be/-Hl7XGe_gCk Why Foreign Currency Reserves Are Important – A Beginners Guide https://youtu.be/xjPlrI6AH7s Gold and Silver Update w/e 16th December 2016 https://youtu.be/ulTkoUYUoFA Ignore the Dollar Collapse Fear Mongering – Rants Illuminati Silver https://youtu.be/5iOG7-_vvF0 Gold nanotechnology and AMD - Blindness https://youtu.be/jNry9Q8aaQs Fed raises Rates - More to Come - Gold and Silver prices fall https://youtu.be/3NMz7kZf4eA Oil prices Jump 6% – Good News for Gold and Silver prices https://youtu.be/yEPyvytaV5Y Why is Donald Trump upsetting the Chinese Bear? https://youtu.be/tB_f9yO9KsI FED, Gold, Silver, Interest rates and Markets 2016 https://youtu.be/DhUGxJtDmiQ Gold and Silver Update w/e 9th December 2016 https://youtu.be/1QX6134XbPU Why Silver May Outshine Gold (cont.) https://youtu.be/tWqrbebJuZ4 ECB Extends QE but Tapers it – Gold prices rise in Euro terms. https://youtu.be/DaOKkkEn-Ug Financial Armageddon – The Final Days https://youtu.be/CNl3RCMSpOo
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