BANKING MAY END IN ECONOMIC COLLAPSE

Marilyn MacGruder Barnwall interview - It’s about 10 minutes into the audio file and concludes halfway into the audio file

http://www.trunews.com/Audio/10_24_13_thursday_trunews2.mp3

Economic collapse includes the banks using private savings accounts to bail them out

http://theeconomiccollapseblog.com/archives/cyprus-style-bank-account-confiscation-is-in-the-new-canadian-government-budget

If the banks take extreme risks with their money and lose, "certain bank liabilities" (i.e. deposits) will rapidly be converted into "regulatory capital" and the banks will be saved.  In other words, the banks will just be allowed to grab money directly out of your bank accounts to recapitalize themselves.  That may sound completely and utterly insane to us, but this is how things will now be done all over the western world.

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