LOL: I’ll Buy That Mega Bank For One Dollar!

A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt February 29, 2012. REUTERS/Alex Domanski (GERMANY - Tags: BUSINESS)

The Bail-Ins Begins: Banco Popular (the 6th largest bank in all of Spain) Bought Out For One €!

Yep, you read that correctly one stingy Euro!
This is both funny and a tragedy.
You should have heard the alarming news already, but the details are much worse and the contagion may already be spreading to other corporations.
The Global systemically important financial institutions (G-SIFI or SIFI) are protected by the new rules and this is the most recent demonstration of the protection racket!
Beware bankers what now

Banco Popular: 1st Bank Collapse In The History Of The E.U.

Banco Popular’s stock fell from more than 30 Euros in 2007 to less than 33 cents this year, while the depositors scrambled to withdraw their deposits causing a bank-run.
Banco Santander acquired the collapsed bank for one Euro!
Tens of Billions of Euros are invested in stocks and bonds along with assets and properties in Banco Popular’s portfolio. Imagine the uncertainty and distrust circulating throughout the brokerages and hedge funds as massive wealth was wiped out in a single day.
At least Santander can say they saved themselves and other mega banks that had investments in Banco Popular’s financial instruments.
But, we should ask the question, was the problem solved?
The problem wasn’t solved after the 2007-2009 “Great Recession“, and still remains unresolved.

Spain has other banks in trouble, many are putting Liberbank Banco on their watch list.
Liberbank shares fell 20% amid Popular turmoil…

See the OBVIOUS correlation of central banks’ balance sheets and stock markets:

As the crisis deepens, we can expect the “Too Big To Fail” corporations to buy out troubled businesses and repossess property and collateral on loans.
Like the game of MONOPOLY the bank(sters) always wins.
She was drunk this Friday the 13th

After its most tumultuous week since the bailout days of 2012, Spain’s banking system is gripped by a climate of fear, uncertainty and distrust. Rather than allaying investor nerves, the shotgun bail-in and sale of Banco Popular to Santander on Tuesday has merely intensified them. –

…But since the bail-in of Popular, Liberbank’s shares have seriously crashed as panicked investors fled. Scenting fresh blood, short sellers were piling in. On Friday alone, shares plunged another 17%. At one point, they were down 38% before bouncing at the close of trading, much of it driven by the bank’s own share buybacks:

In the last three weeks a whole year’s worth of steadily rising gains on the stock market have been completely wiped out.

Title: Spain Bank COLLAPSES! Bailout for Just €1 as EU Completely Falling Apart!
Video posted 07 Jun 2017 by The Money GPS ~ Author Exposing the Truth

Title: Banking crisis in Spain. The demise of Banco Popular.
Video posted 11 Jun 2017 by Rod Navarro


Want Worldwide PEACE and Prosperity. We are the solution we have been searching for... Free People on Earth will solve our crisis and create an era of Creativity. Be Aware; Be Creative; Be Active; Be Free; and then Share it. LOVE & Wholeness AMOR y Paz

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Posted in Freedom-Expressed
5 comments on “LOL: I’ll Buy That Mega Bank For One Dollar!
  1. RonMamita says:

    Markets Manipulation In Plain Sight:

    Title: These Charts PROVE Stock Market Manipulation! Most Convincing Chart I’ve Seen!
    Video posted 11 Jun 2017 by The Money GPS ~ Author Exposing the Truth

    Retail sales have dropped…
    Job hiring dropped…
    Loans dropped…

    Do You See A Trend?

    Title: We Just Had A Bank Bail-In, Anyone Paying Attention – Episode 1300a
    Video posted 07 Jun 2017 by X22Report

    Banking Crimes In Plain Sight:

    Banking crime syndicate!

    Title: The Mysterious Super Entity ‘One Bank’ Controls Almost Half Of The Global Economy’:Jeff Nielson
    Video posted 11 Jun 2017 by X22Report Spotlight


  2. Rev. 18: 11 And the Merchants of the earth shall weep and mourn over her, for no man buys their merchandise any more.


  3. RonMamita says:

    Teetering European financial markets

    Nick Giambruno sounding the alarm about a much bigger bubble. At this moment, more
    than a trillion dollars worth of Italian government bonds have negative

    Over $1 trillion worth of Italian bonds actually have negative yields.

    It’s a bizarre and perverse situation.

    Lending money to the bankrupt Italian government carries huge risks.
    So the yields on Italian government bonds should be near record
    highs, not record lows.

    Negative yields could not exist in a free market. They’re only
    possible in the current “Alice in Wonderland” economy created by
    central bankers.

    You see, the European Central Bank (ECB) has been printing money to
    buy Italian government bonds hand over fist. Since 2008, the ECB and
    Italian banks have bought over 88% of Italian government debt,
    according to a recent study.


    Chief Investment Officer of Saxo Bank: 60% Probability Of Recession In The Next 18 Months

    Steen Jakobsen shares with us the warning signs of slowing economic growth he’s seeing in major markets all over the world.
    In his view, the world economy is sputtering badly. So badly, that he’s confident predicting a global recession by 2018 – or sooner:

    The ‘credit impulse’ — defined as net new credit to GDP — has gone negative in the world for the first time since the start of the Great Recession that we had in 2008 -2009. And the lead is coming again, as always in the last 10 to 15 years, from China. Basically, China’s net credit impulse has gone from double-digit positive to almost double-digit negatives. And I can tell you, having just been on the ground in China for a couple of times in the last three months, everything’s at a standstill. This is very important as China is responsible for 50% of all new growth, as well as a huge chunk of every new credit dollar that has been created in recent years.
    The credit impulse leads by 9 months. In other words, the pickup we saw in economic activity in December and January was created 9 months prior, and if you look back to Q1 of 2016, we had the worst start to the year in the equity market for very long time. Consequently, the central banks panicked, especially the ECB, the Bank of Japan, and to some extent, the Federal Reserve. This resulted in a huge credit impulse that peaked in April/May of last year. Fast-forward 9 months, and we saw a peak in economic activity and inflation. Ever since, we’ve seen a dramatic deterioration — and this is all based on this 9-month lead which is coming out of China, now been confirmed to be negative, as well the US.

    I know it’s a long answer, but I think it’s important information. Basically, I’m thinking right now, unfortunately, that there is a 60% probability for a recession inside the next 18 months. And probably the most likely period for that to happen would be end of this year because, of course, Trump has not delivered.

    Click the play button below to listen to Chris’ interview with Steen Jakobsen (32m:43s).

    Title: Steen Jakobsen: 60% Probability Of Recession In The Next 18 Months
    Video posted 12 Jun 2017 by ChrisMartensondotcom


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The Worldwide Awakening
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