Jesse's Café Américain

"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel

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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