Oh, it won't be America's Kenyan Emperor getting a restyle....
It'll be................you.
In Greece it's looking like a certainty that anyone with much money on deposit in a bank is about to lose 30% of it, seized by the government. They call it a "haircut".
http://www.ft.com/cms/s/0/9963b74c-219c-11e5-aa5a-398b2169cf79.html
The plans, which call for a “haircut” of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said.
Greek deposits are guaranteed up to €100,000, in line with EU banking directives, but the country’s deposit insurance fund amounts to only €3bn, which would not be enough to cover demand in case of a bank collapse.
With few deposits over €100,000 left in the banks after six months of capital flight, “it makes sense for the banks to consider imposing a haircut on small depositors as part of a recapitalisation. . . It could even be flagged as a one-off tax,” said one analyst.
Now before you libbies get your panties all twisted, consider that the above comes, not from FOX news, rather from The Financial Times of London. A publication devoted to economics, not partisan politics. I know, a strange concept, that.....
So what's the Obama connection? Remember....He wanted to remake America to be more like Europe so everybody would love us and nobody would be afraid of us. And you loved it.
Overspending (Greek)(Obama) style brought this on in the Europe He so admires. What makes you think He won't use it as just one more factor in his hope for change?
No, really.....
It'll be................you.
In Greece it's looking like a certainty that anyone with much money on deposit in a bank is about to lose 30% of it, seized by the government. They call it a "haircut".
http://www.ft.com/cms/s/0/9963b74c-219c-11e5-aa5a-398b2169cf79.html
The plans, which call for a “haircut” of at least 30 per cent on deposits above €8,000, sketch out an increasingly likely scenario for at least one bank, the sources said.
Greek deposits are guaranteed up to €100,000, in line with EU banking directives, but the country’s deposit insurance fund amounts to only €3bn, which would not be enough to cover demand in case of a bank collapse.
With few deposits over €100,000 left in the banks after six months of capital flight, “it makes sense for the banks to consider imposing a haircut on small depositors as part of a recapitalisation. . . It could even be flagged as a one-off tax,” said one analyst.
Now before you libbies get your panties all twisted, consider that the above comes, not from FOX news, rather from The Financial Times of London. A publication devoted to economics, not partisan politics. I know, a strange concept, that.....
So what's the Obama connection? Remember....He wanted to remake America to be more like Europe so everybody would love us and nobody would be afraid of us. And you loved it.
Overspending (Greek)(Obama) style brought this on in the Europe He so admires. What makes you think He won't use it as just one more factor in his hope for change?
No, really.....
