Jesse's Café Américain

“Blood and power intoxicate; they help to develop callousness and debauchery. The mind then becomes capable of the most abnormal cruelty, which it regards pleasure; the man and the citizen are swallowed up in the tyrant; and the return to human dignity, repentance, moral resurrection, becomes almost impossible."
Fyodor Dostoevsky, The House of the Dead

Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts
03 April 2013

Are All G20 Bank Depositors Exposed to a Cyprus Style Seizure of Deposits for a 'Bail-in?'

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Dave from Golden Truth has let me know of an interesting quote from an article by Eric Sprott titled  Caveat Depositor which *could* ex...
26 March 2013

A Message From the Banking and Brokerage System

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"At this late stage in the history of American capitalism I'm not sure I know how much testimony still needs to be presented to es...
24 March 2013

It's Risk Back On as Sources Cite Draft Deal on Cyprus - Heavy Losses for Large Depositors

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The futures are rallying on this news. I find it interesting that gold is also higher with stocks. Now that is a bit different. It *...
19 March 2013

Modern Money: A Study In Confidence and Crisis

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"Those who think there is little risk of a levy being imposed on other periphery members are missing the point. The seeds of doubt...
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