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Goldbug

Bank Deposits Becoming Paper Investments?

By Goldbug, in Banking and Finance

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Goldbug    110

Goldbug
Posted (edited)
In essence, the Cyprus template of 2011 will be fully implemented in every major economy, and place bank depositors as the primary instrument of the next bailouts when the next crisis occurs...

 

 

Article sounds a little far fetched to me, but I've under-estimated the evil before. We'll know in a few days I guess! Anyone know more about this?

 

http://www.economicpolicyjournal.com/2014/11/warning-bank-deposits-will-soon-no.html

 

Might want to check this article dated Dec. 3:http://www.informationclearinghouse.info/article40373.htm

Edited by Goldbug

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