COMMANDER VALIANTTHOR
@COMMANDERVALIANTTHOR
18 June, 07:38
Gold Telegraph
BREAKING NEWS
JAPANESE NORINCHUKIN BANK PLANS TO SELL ROUGHLY $63 BILLION IN US AND EUROPEAN SOVEREIGN BONDS TO STEM LOSSES FROM WRONG-WAY BETS ON INTEREST RATES
Japan.
Here we go…
BREAKING NEWS
JAPANESE NORINCHUKIN BANK PLANS TO SELL ROUGHLY $63 BILLION IN US AND EUROPEAN SOVEREIGN BONDS TO STEM LOSSES FROM WRONG-WAY BETS ON INTEREST RATES
Japan.
Here we go…
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This is what all banks do ever since they sneaked in new regs allowing then to be investment banks. They use our money on deposit, legally, to make investments and lots of those are bad and they lose our money and we have no recourse. Bail in is the term for it. They will be made whole because they changed more regs to legalize theft. They get paid before we do.
08:15 PM - Jun 18, 2024
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