Owner at The Daily Economist
Contributor's Links: The Daily Economist

Project leader, IT engineer, Published Author. My current goals are to become established as a writer, and to grow my columns in my community, and nationally. Specialties: Writing, I.T., Problem Solver

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Warnings Of A New Credit Crisis And The Potential For System Wide Bail-In Push
Analysts are ramping up warnings of oncoming bank bail-ins now that the new Fed Chairman happens to be the architect of the program.
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E After Just Two Months Of Futures Contracts, It Appears Wall Street Does Have Some Control Over The Bitcoin Price
A look at the price and direction of Bitcoin leading into both the January and February CME futures expirations.
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Next Catalyst For Higher Gold Prices Could Come From Japan Rather Than China Or India
As China celebrates the Lunar New Year and the transition to the Year of the Dog this week, it is another Asian economy that may actually supersede the Chinese here in 2018 when it comes to gold and gold buying.
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Warnings Of A New Credit Crisis And The Potential For System Wide Bail-In Push
3 years ago

In that you are most probably correct. But all it took was 'one time' for a massive bailout on that fateful day back in 2008 and with the fear of God put into Congressmen to vote for it.

I personally don't believe when bail-ins come it will be piecemeal. It will come on a holiday similar to 1933 when they shut down the banks.

Warnings Of A New Credit Crisis And The Potential For System Wide Bail-In Push
3 years ago

Gary -

I believe the 'secret' to being able to ditch the FDIC insurance for most depositors is through this scheme.

Banks announce they need to recapitalize and issue a bail-in, taking unsecured creditor monies first. In return they will issue those depositors 'equity swaps'.

Then the FDIC will tell the depositor that they have received 'in kind' recompense for their rehypothicated moneies. That's how I believe they will get away with not having to cover any upcoming claims on insurance.

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Finance and Economic Columnist
To the Death Media
April 2015 - Present (6 years 1 month)

I am a contributor to the online publication Tothedeathmedia.com

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I am a customer and affiliate business owner in Karatbars. Karatbars is an international company with offices in 75 countries and provides members the chance to not only purchase and store physical gold offshore in their vaults for free, but to also protect their wealth through a virtual offshore account using an e-wallet and pre-loaded MasterCard for storage and protection.

Finance and Economic Columnist
Rogue Money
April 2013 - Present (8 years 1 month)

I am a contributor to the financial website Roguemoney,net

Finance and Economics Columnist
Secrets of the Fed
September 2012 - Present (8 years 8 months)

I am a contributor to the online publication, Secretsofthefed.com

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Examiner.com
April 2010 - Present (11 years 1 month)

I am working currently as the National Finance columnist for the online publication Examiner.com.

Additionally, I write columns as the Phoenix and National Billiards examiner.

Education

University of Nebraska at Omaha
B.A.
1995 / 1997
History, Political Science, Military Science

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