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Surmounting Hostile Incoming
Saturday, February 8, 2014 9:45
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by Deepcaster, Gold Seek:
Though we do not know for sure whether the ongoing Crisis is “concerted & engineered”, that is certainly one reasonable interpretation.
We do know that there is precedent for Mega-Bank “Bail-ins” (i.e. confiscation) of Depository Accounts (cf. Cyprus and Poland) and Super-priority payments to Mega-Banks, (cf. MFGlobal) in the event of another Financial Crisis, as we and others, especially the Redoubtable Attorney and Analyst Ellen Brown, have noted.
And now we hear, in the SOTU no less, that Americans are invited to stash their wealth (such as they have left) in MYRAs, which presumably will hold Treasury Securities.
