Russian
Leader Warns, "Get All Money Out Of Western Banks Now! United States are
preparing for the largest theft of private wealth in modern history."
WorldTruthTV
http://beforeitsnews.com/banksters/2013/08/russian-leader-warns-get-all-money-out-of-western-banks-now-united-states-are-preparing-for-the-largest-theft-of-private-wealth-in-modern-history-2433362.html
Aug 8th 2013
Source:http://www.eutimes.net
Ministry of Foreign
Affairs (MFA) “urgent bulletin” being sent to Embassies around the world today
is advising both Russian citizens and companies to begin divesting their assets
from Western banking and financial institutions “immediately” as Kremlin fears grow that both the European Union
and United States are preparing for the largest theft of private wealth in
modern history.
According to this “urgent bulletin,” this warning is being
made at the behest of Prime Minister Medvedev who warned against the Western
banking systems actions against EU Member Cyprus by stating:“All possible
mistakes that could be made have been made by them, the measure that was proposed is of a confiscation
nature, and unprecedented in its character. I can’t compare it
with anything but … decisions made by Soviet authorities … when they didn’t
think much about the savings of their population. But we are living in the 21st
century under market economic conditions. Everybody has been insisting that
ownership rights should be respected.”Medvedev’s statements echo those of
President Putin who, likewise, warned about
the EU’s unprecedented private asset grab in Cyprus calling it
“unjust, unprofessional, and
dangerous.”
In our 17 March report “Europe Recoils
In Shock After Bankster Raid, US Warned Is Next” we noted how
Russian entities have €23-31 billion ($30-$40) in cross-border loans to Cypriot
companies tied to Moscow, and €9 billion ($12 billion) on deposit with Cypriot
banks [as compared to the €127 billion ($166 billion) being
kept in similar circumstances by 60 of the United States largest corporations
in offshore accounts to avoid paying American taxes] which are in
danger of being confiscated by EU banksters.Unbowed by the misery they have
inflicted upon the entire continent, however, and in spite of Russian warnings,European Union officials hardened
their stance against Cyprus today by announcing that if the Cypriot
government did not allow the raiding of private bank accounts by Monday they
would be forced to destroy their banks, which remain closed for the seventh
straight day and have no signs of opening soon.In an editorial agreeing with
Russian leaders anger against the EU over Cyprus, Canada’s Globe and Mail News Service further
writes: “The parliament of Cyprus was right this week to reject a proposal to confiscate money from modest-sized bank deposits. The idea was a reductio ad absurdum of the Euro zone’s policy on the sovereign debt of some of its member-countries.
It would be better for the government of Cyprus to default outright on some of its obligations rather than to seize part of the savings of the proverbial widows and orphans, as well as retirees or those approaching retirement – while purporting to levy a tax. This is especially true in a country that has deposit insurance for up to €100,000, in order to protect small savers.
Until a few years ago, Cyprus – which is really the ethnically Greek section of Cyprus, the Turkish section being a de facto protectorate of Turkey – had a fiscal surplus, but its close relationship to Greece resulted in a downturn when Greece fell into a severe recession. The government’s debt in itself is still manageable, but Cypriot banks have become shaky because of their loans to Greece.”
In the face of massive popular outrage, however, Cypriot MPs spectacularly voted earlier this week against the EU plan to steal their bank depositors money, thus leaving the Euro Zone reeling, a situation that was, in fact, created by European banksters who had forced Cyprus banks to lend money to nearly bankrupt Greece in the first place.
Even worse may be what is in store for the Americans who, on 31 January lost an unlimited US government guarantee that was granted on over $1.5 trillion of their bank deposits during the 2008 financial crisis to assure skittish customers that their cash was safe.
According to Kremlin sources though President Obama’s sudden visit to Israel, the first he has made since being elected in 2008, was to personally warn top Israelis of his regimes “plan” to begin confiscating his citizen’s bank deposits, too.
Interesting to note is that the Obama regimes “master plan” to steal their citizen’s wealth that is no longer protected was detailed by the global management consulting giant, and the world’s leading advisor on business strategy, The Boston Consulting Group (BCG) who in their 2011 September report titled Collateral Damage: Back to Mesopotamia? The Threat of Debt Restructuring warned of the US governments plan confiscate up to 30% of not just the Americans people bank accounts, but also of their other wealth.
The highly respected Zero Hedge financial newsletter in commenting on this dire BCG report grimly stated:
“Denial. Denial is safe. Comforting. Religiously and relentlessly abused by politicians who don’t want nor can face reality. A word synonymous with “muddle through.” Ah yes, that “muddle through” which so many C-grade economists and pundits believe is the long-term status quo for the US and the world just because it worked for Japan for the past three decades, or, said otherwise, “just because.”
Well, too bad. As the following absolutely must read report, which comes not from some trader of dubious credibility interviewed by BBC, nor even from an impassioned executive from a doomed Italian bank, but from consultancy powerhouse Boston Consulting Group confirms the “muddle through” is dead and now it is time to face the facts.
What facts? The facts which state that between household, corporate and government debt, the developed world has $20 trillion in debt over and above the sustainable threshold by the definition of “stable” debt to GDP of 180%.
The facts, according to which all attempts to eliminate the excess debt have failed and, for now, even the Fed’s relentless pursuit of inflating our way out this insurmountable debt load have been for nothing.
The facts which state that the only way to resolve the massive debt load is through a global coordinated debt restructuring (which would, among other things, push all global banks into bankruptcy) which, when all is said and done, will have to be funded by the world’s financial asset holders: the middle-and upper-class, which, if BCS is right, have a ~30% one-time tax on all their assets to look forward to as the great mean reversion finally arrives and the world is set back on a viable path.
But not before the biggest episode of “transitory” pain, misery and suffering in the history of mankind. Good luck, politicians and holders of financial assets. You will need it because after denial comes anger, and only long after does acceptance finally arrive.”
To the evidence that the
masses of Americans or Europeans average citizens will begin protecting
themselves against this apocalyptic outcome, their remains little evidence as
their so-called “mainstream” media continues to cover-up this coming
catastrophe. But, and as Russia has now warned, the time for protecting oneself
is fast running out, and the only survivors will be those who listened.
Youve been WARNED.
2 comments:
it is not the money, it's the deeds and property rights of ownership of all real things that are NOT MONEY BUT ALL THE PEOPLES: HOMES, FACTORYS , THE LAND OWNERSHIPS, TREES. MINERALS, WATERWAYS, LAKES, ETC ETC ETC. NOT WORTHLESS PRINTED PAPER.
the same thing happen in 1933 in the great depression, when the banks closed down factorys and shut down the paychecks to the people and then said they want to take claim to all property and homes and asses as the payment default which was the great ripp-off of the great depression caused by the bankters themselfs who made up this rules of payments on loans.
If something like this really happened can you imagine how many dead people there would be in Washington DC ? Maybe its time to open a funeral parlor in DC. At $15K a pop X 535 you can make some serious quick money.
"homes and asses as the payment" ... they own our asses too ? Now that is going too far. Gotta draw the line somewhere.
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