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06-20-2015, 08:37 AM #14
Some of the issues. do they sound familiar? Remember how much of the bailout money in 2009 was funneled to European Banks? Socialism is expensive and not sustainable.
From the archive.
http://www.alipac.us/f9/greece-musli...t-them-292577/
http://www.alipac.us/f9/peripheral-e...ge-job-293906/
http://freedomoutpost.com/2013/11/ma...omy-collapses/
http://www.alipac.us/f19/creditors-s...serves-276195/
http://www.alipac.us/f19/greece-slid...-album-280294/
http://www.alipac.us/f19/greece-qual...ayoffs-276528/
http://www.alipac.us/f19/continent-trouble-276430/
http://www.alipac.us/f17/switzerland...europe-277197/
http://www.alipac.us/f19/orphans-eu-...arents-281617/
http://www.alipac.us/f19/poverty-crisis-eu-288113/
http://www.alipac.us/f19/men-who-sto...merica-288330/
Remember the Cyprus confiscation of assets? - It still didn't bail them out
http://www.alipac.us/f19/global-elit...counts-277930/Eurogroup president Jeroen Dijsselbloem has even publicly admitted that what just happened in Cyprus will serve as a model for future bank bailouts. Just check out what he said a few days ago...
"If there is a risk in a bank, our first question should be 'Okay, what are you in the bank going to do about that? What can you do to recapitalise yourself?'. If the bank can't do it, then we'll talk to the shareholders and the bondholders, we'll ask them to contribute in recapitalising the bank, and if necessary the uninsured deposit holders"
Dijsselbloem insists that this will cause people "to think about the risks" before they put their money somewhere...
"It will force all financial institutions, as well as investors, to think about the risks they are taking on because they will now have to realise that it may also hurt them. The risks might come towards them."
Well, as depositors in Cyprus just found out, there is a risk that you could lose 40 percent (and that is the best case scenario) of your money if you put it in the bank.
This didn't work it seems.
http://www.alipac.us/f19/greece-fore...2014-a-289350/
They still confiscated gold and accoutns.
http://www.alipac.us/f19/cyprus-reac...enders-274778/
http://www.alipac.us/f19/visualizing...m-good-275314/
http://www.alipac.us/f9/untaxed-over...merica-290206/
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