03-28-2013 • theeconomiccollapseblog.com
They are
already very clearly telling you that they are going to do it. Dutch
Finance Minister Jeroen Dijsselbloem is the president of the Eurogroup -
an organization of eurozone finance ministers that was instrumental in
putting together the Cyprus "deal" - and he has said publicly that what
has just happened in Cyprus will serve as a blueprint for future bank
bailouts. What that means is that when the chips are down, they are
going to come after YOUR money. So why should anyone
put a large amount of money in the bank at this point?Perhaps you can
make one or two percent on your money if you shop around for a really
good deal, but there is also a chance that 40 percent (or more) of your
money will be confiscated if the bank fails.
Reported by Robert Lee
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