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Thanks for the info! Those snakes are scurred asf about the BRICS! 😂🤣😂

ZxBro said:

Basel 3 = banks are changing as the bag 💰goes digital.....🤑

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Uh oh. It is almost curtains for us.

johnOkillens said:

Thanks for the info! Those snakes are scurred asf about the BRICS! 😂🤣😂

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Yes they are

ZxBro said:

Explainer: What is the 'Basel III endgame' and why are banks worked up about it?

U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital requirements known as the "Basel III endgame" aimed at ensuring the stability of big banks.

www.reuters.com

Basel 3 will be used in conjunction with FEDNOW the fight against BRICS is on....!

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What are some logical things that could be in there?

The big banks are insolvent. Obama bailed them out after 2008. Congress made rules to stop practices that made the 2008 crash possible and Congress then slowly, quietly eliminated those safeguards.

The banks started getting worse under Bill Clinton when he ended a depression era law called Glass-Steagall. In a nutshell it made being able to use our money we had in the bank to do more shyt.

There have been a lot of signs the banks are shaky. It will end badly. It's a just a matter of when not if. These rules and such are just an attempt to delay the inevitable.