French whistleblower Stephanie Gibaud exposes worldwide banking fraud | The Chris Hedges Report

Warning signs of the instability of the global financial system abounded in the months leading up to the 2008 Lehman Brothers crash. Among these early signs were the astounding revelations about UBS, the world’s largest private bank, by Stephanie Gibaud, who was employee at the bank’s French division. Gibaud refused instructions given to her and …[continue reading]

US Government Frames Bitcoin Privacy As “Criminal”

Authored by ‘L0la L33tz’ via BitcoinMagazine.com, In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. …[continue reading]

Is the Money in Your Checking Account Yours or the Bank’s?

09/30/2023Jonathan Newman When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers’ deposits in reserve. The difference is bank credit, such as government debt, mortgages, business loans, and many other kinds of loans. This practice …[continue reading]