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The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks | Global Research:
"The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally. In Cyprus, the depositors were “bailed in” (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks."
"Mamdani has privately lamented that the trappings of being the Democratic
nominee, with its chauffeured SUVs and security..."
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"... take him away from the hand-to-hand contact that propelled his primary
win. And the campaign has wrestled internally with the question of whether
or n...
41 minutes ago
