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War on Iran & Syria: What They Are NOT Telling Us ~ link
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Contagion-Begging Actions: Expect bank runs following Cyprus idiocy - Have money in a Spanish bank? Take it out NOW ~ link ~ As I said, the shit IS hitting the fan! Stirling
Supposedly this move was made to "avoid unsettling investors in larger countries and sparking a new round of market contagion." In reality, the action was mandated theft, imposed by EU officials to protect senior bondholders.
How can such an action do anything but cause contagion?
The day is coming when the U.S. government will claim it "owns" a portion of all our bank accounts, and it will electronically drain our accounts of money in a grand theft scheme designed to pay off the banksters while decimating private savings.
Don't believe it? That day has already arrived in the European nation of Cyprus, where the government made a secret deal with the IMF to loot private bank accounts of up to 10% of current deposits. Banks went along with the theft, sealing off the funds from account holders. The government now plans to initiate millions of funds transfers as early as Tuesday, draining private accounts of the money the government now claims it owns.