Bank Run

ECB Proposes End To Deposit Protection

"covered deposits and claims under investor compensation schemes should be replaced by limited discretionary exemptions to be granted by the competent authority in order to retain a degree of flexibility."

The 1% Has Started To Embrace Bitcoin - Why It Matters

"2017 has been the year when an increasing portion of the 1% finally started to embrace Bitcoin... more wealthy people moving into the space helps provide some degree of political protection since we know that people with significant financial resources influence public policy. "

Rickards Exposes The Elite's Plan To Freeze The Financial System

"Today’s complacent markets are faced with a number of potentially destabilizing shocks... Any one of them could potentially lead to another financial crisis. And the next crisis could see draconian measures by governments that most people are not prepared for today."

China's $9 Trillion Shadow Banking System Shrinks For The First Time In 9 Months

For the first time in 9 months China's $9 trillion Shadow Banking Industry - defined as the sum of Trust Loans, Entrusted Loans and Undiscounted Bank Loans - contracted, which begs the question: will the biggest deleveraging ever attempted in Chinese history be smooth and contained, or lead to another financial crisis?