63 central banks are implementing Basel III which includes the widespread practice of “bail-ins” to rescue failing banks
Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III. Basel III includes wide acc…
Wonder what would happen if ppl stopped paying taxes before/after/at the same time as not paying debts back to banks... cant fund the bail outs if no tax money and if take money out of banks they cant bail in as well as topple faster.