Cyprus savings raid could trigger bank runs across Europe

[zone]

Darling: Cyprus savings raid could trigger bank runs across Europe

Bank runs and financial panic could spread across Europe after Cyprus proposed raiding people's savings for a new bail-out, Alistair Darling has said.

Financial experts have warned the proposal to raid people’s savings to fund a bail-out for Cyprus sets a “worrying precedent” that could jeopardise the European economic recovery.

The island’s government is currently considering whether to amend the plan after a shocked reaction from the international community, including its major lender Russia.

All banks in Cyprus were closed yesterday for a public holiday, but the government in Nicosia ordered them to remain shut until Thursday, amid fears of a potentially crippling run on the banks to withdraw savings.

Cash machines have been switched off and money transfers blocked since Sunday after many account holders took out all they could.

Darling: Cyprus savings raid could trigger bank runs across Europe - Telegraph < click

 

[loveme1]

When people rush and run from the 'fire' they often crush one and other trying to escape in that manner.

 

[zone]

In the year of 2000 there were seven countries without a Rothschild owned Central Bank:

Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran


The only countries left in 2003 without a Central Bank owned by the Rothschild Family were:

Sudan
Libya
Cuba
North Korea
Iran


The only countries left in 2011 without a Central Bank owned by the Rothschild Family are:

Cuba
North Korea
Iran



“We’re going to take out seven countries in 5 years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran” —

"...So I came back to see him a few weeks later, and by that time we were bombing in Afghanistan. I said, “Are we still going to war with Iraq?” And he said, “Oh, it’s worse than that.” He reached over on his desk. He picked up a piece of paper. And he said, “I just got this down from upstairs” — meaning the Secretary of Defense’s office — “today.” And he said, “This is a memo that describes how we’re going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.” I said, “Is it classified?” He said, “Yes, sir.” I said, “Well, don’t show it to me.” And I saw him a year or so ago, and I said, “You remember that?” He said, “Sir, I didn’t show you that memo! I didn’t show it to you!”...

General Wesley Clark. Retired 4-star U.S. Army general, Supreme Allied
Commander of NATO during the 1999 War on Yugoslavia

 

[loveme1]

Have you come across the rothschild tactic to buy people out in england?

daylight robbery.....

bluff of the century...

 

[zone]

In the year of 2000 there were seven countries without a Rothschild owned Central Bank:

Afghanistan
Iraq
Sudan
Libya
Cuba
North Korea
Iran


The only countries left in 2003 without a Central Bank owned by the Rothschild Family were:

Sudan
Libya
Cuba
North Korea
Iran


The only countries left in 2011 without a Central Bank owned by the Rothschild Family are:

Cuba
North Korea
Iran



“We’re going to take out seven countries in 5 years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran” —

"...So I came back to see him a few weeks later, and by that time we were bombing in Afghanistan. I said, “Are we still going to war with Iraq?” And he said, “Oh, it’s worse than that.” He reached over on his desk. He picked up a piece of paper. And he said, “I just got this down from upstairs” — meaning the Secretary of Defense’s office — “today.” And he said, “This is a memo that describes how we’re going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan and, finishing off, Iran.” I said, “Is it classified?” He said, “Yes, sir.” I said, “Well, don’t show it to me.” And I saw him a year or so ago, and I said, “You remember that?” He said, “Sir, I didn’t show you that memo! I didn’t show it to you!”...

General Wesley Clark. Retired 4-star U.S. Army general, Supreme Allied
Commander of NATO during the 1999 War on Yugoslavia

Rothschild national banks are behind the attacks on Syria.

The truth about Syria is being revealed by activist and blogger ‘Syrian Girl’ (Mimi Al-Laham) who spells out what others fear to think, let alone say. For example, everybody realizes that the Americans are arming al-Qaeda but few know that the Rothschild national banks are behind the attacks on Libya and Syria.

These banks are at the heart of the New World Order run by a global elite intent on controlling the rest of the world by putting it into un-repayable debt. They do it by ensuring that everybody is trapped into borrowing money at high interest. For ever after, the interest is paid, paid and paid again to keep the elite in clover.

As soon as the Gaddafi government had been defeated the globalists put the Libyan national bank back under Rothschild control. It’s also what they are doing to Egypt which has been trapped into accepting USD 4.8 billion, at interest, from the International Monetary Fund. What a mistake by President Morsi! And since when have true Muslims agreed to pay riba? In either case, Libya or Egypt, the New World Order has no intention of allowing an Islamic national bank which would issue its own money at no interest.

LiveLeak.com - Rothschild national banks are behind the attacks on Syria. < click

 

[Donkeyfish07]

This is really interesting! A bank run occurs in a fractional reserve banking system when a large number of customers withdraw their deposits from a financial institution at the same time and either demand cash or transfer those funds into government bonds or a safer institution because they believe that the financial institution is financially ruined.That is why a definite direction and greater defense against bank runs are perhaps the only things that will keep customers from aggrandizing their financial problem. I wish I had money so I can withdraw it from the bank now, but I don't have any since I only have the cash advance which helped me during hard economic times.

Cleverly disguised spam mods. Please swing the ban hammer