The problem is, the the corrupt banks, insurance industry and financial industry that manipulated the system which is in bed with big global government was NOT ALLOWED to fail.
IT SHOULD HAVE BEEN.
We do not have a free market. It is socialism for the uber wealthy, dog eat dog for main street. The poor will suffer to make sure the elites live like kings.
The proof can be found for folks that do the research.
It's a bubble. A big one. If it pops, people won't be able to sell these bonds without taking a loss.
If they hold them to maturity, they'll take a loss. It'll be interesting.
Not if. .. . .
WHEN.
They know it will happen, they have designed the law to strip folks of their assets already.
Why Bank Bail-Ins Will Be the New Bailouts