The Basel Accords: The Secret Rules That Control All Banks

The Basel Accords: The Secret Rules That Control All Banks There is a building in Switzerland that functions as a sovereign state. Inside, a secret committee writes the rules that control every bank in the world. These are the Basel Accords. From the disaster of the 2008 crisis to the "zombification" of the modern economy, this video exposes how the "Tower of Basel" determines who gets a loan, why banks stopped lending to small businesses, and how their "safety rules" might be setting us up for the ultimate crash.