L50) The world’s mega banks now have official permission to pledge depositor accounts as collateral to make leveraged derivative bets

http://www.lewrockwell.com/2014/12/mark-nestmann/worldwide-bail-ins-are-coming/   Wow!!  If there was ever a com­pelling rea­son to back away from banks and “too big to fail” ones par­tic­u­larly, and look for refuge in Whole…