Posted on 03/17/2013 8:42:48 AM PDT by wcvarones
Sorry, this is BS. You and everyone else could have taken their money out and invested it elsewhere in search of a better return. Banks and the FDIC do not guarantee that interest rates will stay high. They do guarantee your principal.
These unlucky Cypriots have had 10% of their accumulated wealth, their principal, forcibly removed.
No comparison.
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