An official statement from the self proclaimed demi-gods at the BIS. The Chairman of the Financial Stability Board Mark Carney released “Progress of Financial Regulatory Reforms” last month to give his assessment of world markets and emphasizes the progress in ending “too big to fail banks” – only to replace that risk by making them military backed banks by calling them “global systemically important insurers (G-SIIs)” and global systemically important banks (G-SIBs), which will be protected by the Bank for International Settlements and its worker proxy the Financial Stability Board and the NATO militaries they own.


http://www.financialstabilityboard.org/publications/r_130216.pdf

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