Hello Everyone!
Here is your Collapse News for March 31st 2017
Today we are looking at:
-China Shadow Bank loans are about to implode. In China it is common practice for banks to loan money disguised as "investment receivables." This creates a HUGE moral hazard because the banks then don't keep the proper reserve ratios in case of losses.
-DEEP Sub Prime Auto loans are being defaulted on like nobodies business and of course they are securitized and sold to investors, pension funds, you name it.
-Banks in many countries are required by law to report you if you transact in anything around $10000. The cops don't have to "PROVE" the money is being laundered for them to take it.
It's the way the world seems to be going...
Enjoy this latest video...only took me 3 hours to make so I am getting faster.
As always Signup for our news letter:
http://www.collapsenewsnetwork.com/mailing-list/
SOURCES: