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Thread: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

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    Avalon Member MorningSong's Avatar
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    Default Re: Government and Banks Sink to a New Low................

    Thanks, Yiolas, my friend. Do keep us updated on how this rolls out..... so sorry this is happening and I hope you will be ok!
    "Vision without action is merely a dream.
    Action without vision just passes the time.
    Vision with action can change the world." Joel Arthur Barker

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    New Zealand Avalon Retired Member
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    Default Re: Government and Banks Sink to a New Low................

    An equinox plan with a public holiday 3 day weekend,
    An announcement with a preplanned buffer of time with the banks closed.
    But then the EU lot are all scared for their own hides to an extent.
    Their IMF WB pals guiding them through what could be them one day.
    See once the crowds are foaming at the mouth, being afraid of being throwen to them is a lot easier.
    This will be like a little demonstration aimed at keeping certain people in line in time to come.

    This will show some more people what sort of world they really live in.
    How fabricated text and numerals are merciless tyrants, not tools for humanity.

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    Default Re: Government and Banks Sink to a New Low................

    That will be happening to all the people in the uk, not
    just cyprus. People better start emptying out their bank
    accounts before they get robbed.

    The US is next in line.

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    Default Re: Savers forced to bear costs in Cyprus bailout

    Yes and it's coming the the rest of the EU, to
    and eventually, america.

    It's time to empty out your bank accounts, right now..

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  9. Link to Post #25
    Cyprus Avalon Member yiolas's Avatar
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    Default Re: Government and Banks Sink to a New Low................

    Quote Posted by humanalien (here)
    That will be happening to all the people in the uk, not
    just cyprus. People better start emptying out their bank
    accounts before they get robbed.

    The US is next in line.
    That's right. I saw this coming when for some reason the economy here began it's downturn about the same time that vast amounts of natural gas deposits were confirmed here about a year ago. Knowing what I knew about how developing economies like Cyprus are hood winked by the international banksters and the dark cabals, I began warning my friends to get out of the commercial banks or at the very least go to local coop banks, which coincidentally are the only banks not in trouble here.

    The way I see it, this can happen anywhere. Of course our deposits are still guaranteed by the central bank, but there is nothing to stop these criminals from stealing from us to save themselves. It was no coincidence that the meeting with the international banksters was held on a Friday afternoon right before a 3 day holiday weekend. The whole country is being held hostage with no access to their bank accounts until banks open again on Tuesday. My advice to any one living in a country with financial problems is to not trust what the officials may tell you. Do not keep any money in the bank because you may find yourself high and dry one day.

    I share my home with my elderly parents, my daughter and her fiance as well as our 4 dogs and 4 cats. I've been out of work since last September and with the current turn of events, my prospects are even bleaker. I didn't have any money in the bank for these criminals to take, but everyone else in my family has been affected. Fortunately though, we have gas in our cars, sufficient food stocks, chickens and an abundant food producing garden.
    Blessings,
    Yiola

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    Avalon Member Flash's Avatar
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    Default Re: Savers forced to bear costs in Cyprus bailout

    there is actually 3 thread going on this topic.

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    Cyprus Avalon Member yiolas's Avatar
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    Default Re: Government and Banks Sink to a New Low................

    Blessings,
    Yiola

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    Scotland Avalon Member Muzz's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    I've merged 3 threads all discussing the same issue.

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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    And all hell will break loose

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    Avalon Member Tesseract's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    When interest rates are suppressed to below the rate of inflation savers are essentially robbed of money from their accounts - even those with less than 100K. The theft is just surreptitious enough that people don't get mad about it.

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    Cyprus Avalon Member yiolas's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    I was just wondering if the the country's gold reserves are the next to go. 13.9 tons at last count.

    http://www.24hgold.com/english/stat_...eid=19576B1670
    Blessings,
    Yiola

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    Belgium Avalon Member Violet's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    People can't get out their money and they can't use pc banking to access their money either. Everything has been frozen.

    Wow.

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    United States Avalon Member GlassSteagallfan's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    He’s BACK… (in other news, Italy contemplates a 15% “tax” on Italian bank accounts)



    https://youtube.com/watch?feature...&v=K5R2JyU_MKg


    **************************************************

    Current financial crisis predicted in 1981 movie Rollover


    https://youtube.com/watch?v=m1aQ-...ayer_embedded#!
    Last edited by GlassSteagallfan; 18th March 2013 at 14:12.

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    Denmark Avalon Member Watching from Cyprus's Avatar
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    Default Re: Government and Banks Sink to a New Low................

    Quote Posted by Deega (here)
    Thanks Watching from Cyprus, hmm!, to bad for the Cyprus people saving, 9.9% of their saving to service the debt!, hope this doesn't happen to Canada, but who knows.

    Worst case than that happened, after WWII, Russia seized all the saving of their people to refinanced rebuilding. Similar stories must have been lived by people in other countries over the years.

    It's awful, citizens savings of a country have to be used because the administration of a government didn't do their job responsibly.
    Hi There.. It has not been approved by parliament yet.. the meeting was set initially for yesterday Sunday, and then moved till today Monday 16;00 hours, and now it is postponed again till tomorrow Tuesday, so in fact it will be illegal for them to take the money from the accounts tomorrow Tuesday morning as first announced, since it will not be approved of. This again means that if the banks do not open Tuesday morning (today Monday is a bank holiday) which i think is most certain, people will be even more desperate and withdraw everything in the banks on the first given opportunity.. THERE IS NOT ENOUGH CASH IN THE BANKS, so this is check mate.. No matter if they ease the taxes for lower deposits.. too late.. Dominoes will now fall.

    Love
    Peter
    Short Term memory infected/defect. Watching, feeling and recording since i recall. Recording for some one/thing else !
    I care about the earth, and despise greed.

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    Denmark Avalon Member Watching from Cyprus's Avatar
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    Default Re: Savers forced to bear costs in Cyprus bailout

    Quote Posted by Flash (here)
    there is actually 3 thread going on this topic.
    Yes and thanks for helping these to be moved. This one is the first thread.
    Peter
    Short Term memory infected/defect. Watching, feeling and recording since i recall. Recording for some one/thing else !
    I care about the earth, and despise greed.

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    Denmark Avalon Member Watching from Cyprus's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    Quote Posted by yiolas (here)
    I was just wondering if the the country's gold reserves are the next to go. 13.9 tons at last count.

    http://www.24hgold.com/english/stat_...eid=19576B1670
    Probably but 13.9 tons are only worth 700 million dollars, so peanuts
    Short Term memory infected/defect. Watching, feeling and recording since i recall. Recording for some one/thing else !
    I care about the earth, and despise greed.

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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    Listen to me.

    Next step is to freeze all saving accounts, to prevent people from taking their money out of the banks, which would cause massive inflation.

    It´s happened in Brazil before; The same thing. Hundreds of thousands of people went bankrupt because their accounts were frozen by the government.

    This thing is going to spread all over Europe; Take your money out of the bank before it´s too late.

    Italy is already planning to do the same thing:

    http://www.prisonplanet.com/banking-...s-savings.html

    Raf.
    Last edited by RMorgan; 18th March 2013 at 15:43.

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    Avalon Member SilentFeathers's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    Quote Posted by RMorgan (here)
    Listen to me.

    Next step is to freeze all saving accounts, to prevent people from taking their money out of the banks, which would cause massive inflation.

    It´s happened in Brazil before; The same thing. Hundreds of thousands of people went bankrupt because their accounts were frozen by the government.

    This thing is going to spread all over Europe; Take your money out of the bank before it´s too late.

    Italy is already planning to do the same thing:

    http://www.prisonplanet.com/banking-...s-savings.html

    Raf.
    This could really spiral out of control.....panic could cause this to spill over into the US in a matter of days, if not hours.
    SilentFeathers

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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    I also see that they have completely shut the banks down there until Thursday?

    http://www.guardian.co.uk/business/2...savers-markets
    Last edited by SilentFeathers; 18th March 2013 at 16:07.
    SilentFeathers

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    Belgium Avalon Member Violet's Avatar
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    Default Re: Bank Theft during long weekend in Cyprus - Enforced 6.75-10% taken from all savings accounts.

    Quote Posted by RMorgan (here)
    Listen to me.

    Next step is to freeze all saving accounts, to prevent people from taking their money out of the banks, which would cause massive inflation.

    It´s happened in Brazil before; The same thing. Hundreds of thousands of people went bankrupt because their accounts were frozen by the government.

    This thing is going to spread all over Europe; Take your money out of the bank before it´s too late.

    Italy is already planning to do the same thing:

    http://www.prisonplanet.com/banking-...s-savings.html

    Raf.
    Raf, this is not the next step, it's already happened. I saw it on the news today. Nobody can get to their savings accounts anymore. PC banking has also (temporarily) been inactivated.

    Unseen.

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