Thursday, December 18, 2014

IMF Now Ready To Slam The Door On The U.S. And The Dollar

Congress passed with little resistance a bill that negates the Frank-Dodd restrictions on derivatives and places the U.S. taxpayers and account holders on the hook for more than $303 trillion in toxic debt instruments. The bill is, for all intents and purposes, a “bail-in” measure in disguise. And it was pushed through with the direct influence of JPMorgan Chase CEO Jamie Dimon.

http://www.zerohedge.com/news/2014-12-17/imf-now-ready-slam-door-us-and-dollar

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