MASSIVE BANK RUN In Canada! - Home Capital Group CRASHES & May Receive Bailout!

Wednesday, May 17, 2017

MASSIVE BANK RUN In Canada! - Home Capital Group CRASHES & May Receive Bailout!

Josh Sigurdson talks with author and economic analyst John Sneisen about the continued developing story regarding Home Capital Group as it crashes and burns following massive losses.
This has become one of the biggest bank runs in Canadian history and the biggest bank run in decades.
Canadian Finance Minister Bill Morneau is not ruling out a bailout of HCG as the contagion affects other alternative lenders. But the FM says that there are private options on the table. Knowing the Liberal government in Canada, it's unlikely that the private option will be put in effect.
This is due to insane derivative markets and government manipulated markets that pile debt on top of debt and always inevitably crash and burn.
John breaks down the latest and exactly what this will lead to.

Stay tuned for more on this incredibly important topic!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Thore Stub Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

Who is Lindsey Williams

Pastor Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners,&quot ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.