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Published on Apr 12, 2019
After the 2008 financial crisis, regulations were put in force that aimed to prevent future tax-payer funded bailouts. Unfortunately, instead of just getting bail-outs from the fiat banks that create the currency out of thin air, banks are now empowered to "write down" liabilities of the banks, including unsecured liabilities (AKA depositors savings, checking accounts, CD's, etc). The Dodd-Frank act includes specific legalese giving power to FDIC to act as more than just an insurance provider, but as a conservator responsible for saving the "too big to fail" banks from becoming extinct. Will we see a financial panic and bank-runs here in the United States when the next inevitable crisis occurs? If yes, were will people put their money in order to protect in from hyperinflation, confiscation, theft, and bail-ins? Coming to America: Financial Crisis Prepping. Links to news sources discussed in the video are posted here: https://bullboom.blogspot.com/ Please help support this channel: ✅ Pledge a monthly tip: https://www.patreon.com/jjallen ☕ Buy me a cup of coffee: https://www.paypal.me/bullboombearbust
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Also, I cannot offer specific investment advice due to the complicated and detailed nature of everyone's personal, unique financial and life situations. Although I usually include sources, charts, data, and links to the subject matter in my videos, the views expressed in my videos are often "one man's opinion" and should not be taken as financial advice, in any way. I urge you to seek professional counsel and for everyone to do their own due diligence prior to making any significant decisions regarding financial and investment matters.