This guy is good, he's a Brit but talks about the whole world, this is a good example, but watch the one explaining bank 'bail in's', I now know why they offer interest on all accounts [they did not in the past], you will be horrified. Banks now have government backed, legalised theft of your money in the western world, I checked this and it is true, the weasels are having a field day, at our expense, literally.
ps don't think I'm rich, I'm just interested in everything, bottom line we are being lied to, what a surprise eh?
Quick spoiler for the bail In one, remember the last crash where the banks were 'bailed out' by governments and the taxpayer??, sure you do. So the G20 (Basically the Western world) changed this to 'bail in' for future events. Any account you have that pays interest (however small) is the property of the bank, they can take this money off you to get them out of trouble by issuing you stocks/shares in their already bankrupt bank, sounds fair lol?, watch it. Here's me thinking banks in UK giving interest on current accounts was to encourage savings etc, fooled me I should have known better, I'll bet very few realised this as well. Even criminals have more scruples than the average banker.