Friday, June 28, 2013

European Bail-Ins Agreed

'On Thursday, EU finance ministers agreed to a shocking new plan that will make every bank account in Europe vulnerable to Cyprus-style bail-ins.  In other words, the wealth confiscation that we just witnessed in Cyprus will now be used as a template for future bank failures all over Europe. '

from:

http://theeconomiccollapseblog.com/archives/new-eu-plan-will-make-every-bank-account-in-europe-vulnerable-to-cyprus-style-wealth-confiscation

Ignore this at your peril.

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