Read more on this subject: Central Banks/Banking
News Story Source: https://www.zerohedge.com
If you're looking for insights into what Central Banks have planned when The Everything Bubble bursts, on Monday one of the European Central Bank's (ECB) top bankers provided a blueprint.
Benoît Cœura, has been a member of the Executive Board of the ECB since 2011. As such is one of SIX individuals who have dictated ECB policy during that time.
This means he's been involved in:
The second and third Greek bailouts.
The Spain bailout.
The Portugal bailout.
The second and third Romania bailouts.
The Cyprus bail-ins.
Cœura has operated at the highest level of monetary/ financial policy during a period in which numerous financial/banking systems were experiencing systemic risk.
Put simply, there are fewer than 100 people on the planet who are as familiar with how Central Banks perceive the risks in today's financial system as well as the policies said Central Banks will unleash when the next crisis hits.
With that in
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