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The Confiscation of Bank Savings to “Save the Banks”: The Diabolical Bank “Bail-In” Proposal
Prof. Michel Chossudovsky
July 8, 2015
The Crisis in Greece: Will it result in a Haircut “Bail-in” as applied in 2013 in Cyprus?
This article was first published by Global Research in April 2013.
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Is the Cyprus Bank “Bail-in” a “dress rehearsal” for things to come?
Is a “Savings Heist” in the European Union and North America envisaged which could result in the outright confiscation of bank deposits?
In Cyprus, the entire payments system has been disrupted leading to the demise of the real economy.
Pensions and wages are no longer paid. Purchasing power has collapsed.
The population is impoverished.
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http://www.globalresearch.ca/the-confiscation-of-bank-savings-to-save-the-banks/5329411