Euro Bail-In?

Homesteading & Country Living Forum

Help Support Homesteading & Country Living Forum:

This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.

DrHenley

Awesome Friend
Neighbor
HCL Supporter
Joined
Sep 7, 2013
Messages
18,373
Now they are talking about confiscating savings in Europe to solve the ongoing economic crisis, as many predicted they would:

Exclusive: EU executive sees personal savings used to plug long-term financing gap
http://www.reuters.com/article/2014/02/12/us-eu-banks-savings-idUSBREA1B1ZI20140212

(Reuters) - The savings of the European Union's 500 million citizens could be used to fund long-term investments to boost the economy and help plug the gap left by banks since the financial crisis, an EU document says.
 
Very Scary, they are also looking at reducing restrictions put in place after 2007/8 crash to prevent a repeat!!!!!.
Like Japan borrowing and printing more money to get out of overextend debt.
Just digging a bigger hole to fall into.
 

Latest posts

Back
Top