Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label deposit seizures. Show all posts
Showing posts with label deposit seizures. Show all posts
04 April 2013

Cyprus Is Not So Much An Anomaly as the Template For the Next Financial Crisis

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This is not so much anything new , but a concrete reminder of the breadth of systemic banking risks inherent in the Anglo-American banking...

Why Go After the Depositors To Save 'the Taxpayers?'

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One thing that puzzled a couple of people is this. Why go after depositors, in order to save the 'taxpayers.' Aren't they th...
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...
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