Proof The Bible Is True

“All the signs are pointing to something big being prepared for in the fall of this year. Looks like rough times ahead. Might not be a bad idea to trade a little of the paper currency one might be holding for some gold and silver.”  Admin

Are they expecting something to happen? As you will read about below, the European Union says that any nation within the EU that does not enact “bail-in” legislation within the next two months will face legal action. The countries that are being threatened in this manner include Italy and France. If you fast forward two months from this moment, that puts us in early August. So clearly the European Union wants everything to be squared away by the end of the summer. Is there a reason for this? Are they anticipating that something really bad will happen in September or thereafter? Why such a rush?

We all remember what happened when major banks were “bailed out” during the last financial crisis. A tremendous amount of taxpayer money was given to the big banks to help prop them up so they wouldn’t fail. This greatly upset a lot of people.

Well, when the next great financial crisis hits Europe, banks are not going to get “bailed out” this time. Instead, we are going to see “bail-ins”.

So precisely what is a “bail-in”?

Read More  Why Is The EU Forcing European Nations To Adopt ‘Bail-In’ Legislation By The End Of The Summer?.