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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
by Charles Hugh Smith
Of Two Minds
The Real Cyprus Template reveals the core-periphery Neocolonial-Financialization Model in all its predatory glory.
Much has been said about “the Cyprus Template” (the so-called bail-in, where deposits are expropriated to recapitalize the insolvent banks), but virtually nothing has been written about the Real Cyprus Template.
Longtime correspondent David P. (proprietor of Market Daily Briefing) charted some very interesting data that enables us to follow the money–specifically, Eurozone money in the “foreign deposit sources” (deposits in Cyprus banks that originated from outside Cyprus).
Continue Reading at OfTwoMinds.com…
2013-04-08 01:31:56