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MASSIVE BANK RUN In Canada! - Home Capital Group CRASHES & May Receive Bailout!

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Josh Sigurdson talks with author and economic analyst John Sneisen about the continued developing story regarding Home Capital Group as it crashes and burns following massive losses. This has become one of the biggest bank runs in Canadian history and the biggest bank run in decades. Canadian Finance Minister Bill Morneau is not ruling out a bailout of HCG as the contagion affects other alternative lenders. But the FM says that there are private options on the table. Knowing the Liberal government in Canada, it's unlikely that the private option will be put in effect. This is due to insane...
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