Jim Rickards said that Taxpayers are the one who Bailed Out the Banking System and the Billionaires kept their job meanwhile in America unemployment is high. so in brisbane 2014 G20 they created something called Bail In theory, it means if bank fails, the investors have to pay off the depositors (bail in the bank using Investors Money).
James G. Rickards (29 September 1951) is an American lawyer, investment banker, media commentator, and author on matters of finance and precious metals.
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