CONTAGION! DEPOSITOR HAIRCUT BAIL-INS SPREAD TO NEW ZEALAND, GOV’T DISCUSSING CYPRUS STYLE SOLUTION FOR BANK FAILURE!…”The rule of law in the entire Western financial world is apparently vaporizing faster than the spent fuel at Fukushima.”

SilverDoctors.com
MARCH 19, 2013

*BREAKING!
Depositor haircut wealth confiscations have just gone from a one-off in Cyprus to the new thing in 2013.
The New Zealand government is reportedly pursuing a policy of Cyprus style depositor haircuts for all future bank failures!

The plan would not limit the haircuts to any percentage, but would steal whatever is necessary from depositors to prop up the failing bank institution: Depositors will overnight have their savings shaved by the amount needed to keep the bank afloat.

The rule of law in the entire Western financial world is apparently vaporizing faster than the spent fuel at Fukushima.

The Rest…HERE

This entry was posted on Tuesday, March 19th, 2013 at 12:03 pm and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.