Think some banks might see some withdrawals;)
1 posted on
03/25/2013 3:17:42 PM PDT by
mdittmar
To: mdittmar
I can’t believe the Cypriots aren’t in the streets rioting. I can’t believe there is still any money in any other Euro bank. It would be safer to give it to a broker and limit his trades to savings accounts. Un-believable this happened.
To: mdittmar
The only money that people should have with ANY bank, is funds for immediate living expenses. The Market is rigged, the Fed keeps buying our national debt with printed fiat money, don’t trust that either for more than a short term investment, by that I mean be able to pull it in a day.
4 posted on
03/25/2013 3:33:56 PM PDT by
swamprebel
(a Constitution once changed from Freedom, can never be restored.)
To: mdittmar
I believe this is the beginning of the end.
If the Cypriots pull this off it will signal to the rest of Europe that your money isn’t safe and that governments can repeat this at will.
It will start a run on banks.
5 posted on
03/25/2013 3:47:25 PM PDT by
lucky american
(The Democrats will follow the big "D"even if it means going over a cliff.)
To: mdittmar
An important message to Euro-bank savings account holders, especially those in Spain, Italy, Portugal and Greece.
To: mdittmar
Only a fool would keep their money in European banks at this point. And the US is soon to follow.
8 posted on
03/25/2013 4:47:16 PM PDT by
Revel
To: mdittmar
It’s all fun and games until the rope and lead come out.
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