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A senior lawmaker told Reuters the Cyprus model may not be an isolated case, and is perhaps a future template in dealing with troubled European banks.
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Do you think that it is still viable to buy fine Silver Bars ?
The world has suddenly got quite interesting, EU punishes the astute and thrifty
Deposits = liability = debt. You are not depositors, you are creditors, and the banks already charge you to take payment of your claims. Do you really think they are not cool with just defaulting on it all?
Taxpayers nor Depositors created the debt. Speculators, Brokers, and Bankers created it.
EU is 'printing money' to cover government overspending in insolvent countries cut off from market
Eu middelclass taxpayers are tired of bailing out the rich people.
Can anyone of the critics name me a bank where you have a 100% Multi-billion state warranty
In the cayman islands are no taxpayers, if a bank a bank goes bankrupt is over, no mony left at all
The Big fish banks have bled the taxpayer dry. NOW a law protecting taxpayers!?
If you have 1000000 euros put $100000 in 10 different banks, but buy gold is better.
Where Hitler failed the EU succeeds.
How long before the thieving foreigners in Brussels steal money from British savers?
Move your spare cash to Zimbabwe on the theory that it is so low it can only go up
I'll ask my bank for higher loan and margin account increase :)
I just use banks for transactions only :)
Move your spare money to Australia, it's safer there
The Euronazis can call it what they like, I call it theft.
Max Keiser has long forecast this to happen.
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