“Bail out - when outside investors rescue a borrower by injecting money to help service a debt. Bailouts of failing banks in Greece, Portugal and Iceland primarily financed by taxpayers.
And now a bail in is sort of the opposite, contrast, forces the borrowers' creditors to bear some of the burden by having some of the debt they are owed written off. So in a nutshell basically what happened in 2008, the banks needed bail outs so they sought outside investors to bail them out.
A bail in is when the economy starts to go down and starts to collapse. What is going to happen is that these banks will come to people like you and me and say that the economy is collapsing because the country has no more money, they're going to take your money that's stored in the bank and they're going to use it for bail ins. It's going to give the banks the reason to steal your money, even though it's not legal at all.
If you have money in Europe, it is recommended to take out your money from the banks. Esp life savings, travel money, retirement, get it out now!
They're (the elites) doing it in Europe and will come to America.
The Federal Reserve is no longer helping the banks. The banks will eventually close.
What's happening to America now is similar to 2008 before the big collapse.
If you have a mortgage in your home, the government has the right to take it, and they have the right to place you in FEMA camps (Under Executive Order come martial law)
watch the video for more