No Bank Account is Safe Today (Not Just The Ones in Cyprus) + The Max Keiser Chiefs Warned You in 2005!
MK: Max Keiser warned that Refco was the first sign that all was not okay in the global derivatives market.
No Bank Account is Safe Today (Not Just The Ones in Cyprus)
smartknowledgeu: Who really owns your bank account? Most people would be shocked to
discover that the bank owns your bank account, not you. From a legal and
financial accounting standpoint, the term "deposit" is used by the
banking industry in financial statements to describe the liability owed
by the bank to its depositor, and not the funds that the bank holds as a
result of the deposit, which are shown as assets of the bank.
Check
out the "legal framework" of this article to understand that all money
placed in deposit accounts of banks are not YOUR assets but assets of
THE BANK
http://bit.ly/107etqP
the link to the chart that illustrates that RRRs for well over 70% of US commercial banks is effectively ZERO http://bit.ly/Kh7p2p
Why you should never ever, under any circumstances, store PMs, physical gold/silver, at a bank bit.ly/14hj5S6
EU Parliament member Nigel Farage says, Get ALL of your money out of EU banks now!
Link
to a more in-depth video discussion of why banker theft through the
inflation mechanism is WORSE than what is going down in Cyprus today http://bit.ly/WDv9Zt
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