The Great Taking: How Irish Banks Could Legally Seize Your Assets September 22, 2024 Admin Irish Chat, Money & Finance </p> <h2>The Great Taking: How Irish Banks Could Legally Seize Your Assets – David Webb | Counterpoint 13</h2> <p> David Webb, author of “The Great Taking,” in conversation with Eddie Hobbs, discusses the alarming vulnerabilities in the global financial system and how your investments could be at risk.</p> <p>Expect to learn about the legal changes that have quietly transformed property rights in securities, how banks can use pooled client assets as collateral for their own trading, and the explosive growth of the derivatives market. Webb explains the concept of “entitlement holders” versus direct ownership, and how central clearing counterparties concentrate risk in the financial system.</p> <p>This eye-opening conversation explores the historical roots of these changes, dating back to the 1970s, and the coordinated efforts to implement them globally. Webb shares insights from his testimony before state legislatures and the pushback he’s encountered from the banking lobby.</p> <p>Credit to : Eddie Hobbs</p> <p> Please support our Sponsors here --
