WAM's Josh Sigurdson is joined by author and economic systems expert John Sneisen to answer some of your questions on how to survive an economic crash, negative interest rates and a bail-in regime. The money in your bank account is not yours, it's the bank's until you take it out. While it's in the account you are always at risk of losing it. As times change rapidly and the dollar continues to get devalued whether it be in Canada, the U.S., Germany, China or elsewhere globally people are taking their money out of the bank to avoid the banks seizing your money under a bail-in regime which is on the books for the next major crash or recession. At the same time as this, countries around the world are going into negative interest rates, so basically a new tax on your money. The Fiat IOU note is collapsing and with that, even the super rich are taking their money out of the bank. While that may decrease your risk of losing your money, you can still be robbed, so we go even further into how you can keep your money safe. John Sneisen breaks everything down, from RRIF accounts, your retirement savings and your gold to safety deposits and your choice in safe companies. Due to certain legislation, we must make it 100% clear that this video simply contains our opinions and is not meant as consultation. Keep sending your questions! We're happy to answer as many of them as possible! Video edited by Josh Sigurdson Featuring: John Thore Stub Sneisen Josh Sigurdson Graphics by Bryan Foerster Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook at World Alternative Media or Follow us on Twitter @WorldAltMedia DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! World Alternative Media 2016
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3/4/16
Should You Take Your Money Out Of The Bank? - How To Keep Your Money Safe In A Crash
WAM's Josh Sigurdson is joined by author and economic systems expert John Sneisen to answer some of your questions on how to survive an economic crash, negative interest rates and a bail-in regime. The money in your bank account is not yours, it's the bank's until you take it out. While it's in the account you are always at risk of losing it. As times change rapidly and the dollar continues to get devalued whether it be in Canada, the U.S., Germany, China or elsewhere globally people are taking their money out of the bank to avoid the banks seizing your money under a bail-in regime which is on the books for the next major crash or recession. At the same time as this, countries around the world are going into negative interest rates, so basically a new tax on your money. The Fiat IOU note is collapsing and with that, even the super rich are taking their money out of the bank. While that may decrease your risk of losing your money, you can still be robbed, so we go even further into how you can keep your money safe. John Sneisen breaks everything down, from RRIF accounts, your retirement savings and your gold to safety deposits and your choice in safe companies. Due to certain legislation, we must make it 100% clear that this video simply contains our opinions and is not meant as consultation. Keep sending your questions! We're happy to answer as many of them as possible! Video edited by Josh Sigurdson Featuring: John Thore Stub Sneisen Josh Sigurdson Graphics by Bryan Foerster Visit us at www.WorldAlternativeMedia.com LIKE us on Facebook at World Alternative Media or Follow us on Twitter @WorldAltMedia DONATE HERE: https://www.gofundme.com/w3e2es Help keep independent media alive! World Alternative Media 2016
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