Yep. And if they follow this pattern all over Europe, Europe will collapse as money begins to run away.
Not all bank runs are quick (some are artificially slowed)...but confiscating free capital for the state is an assured way to make it (capital) evaporate.
posted on 03/26/2013 1:21:41 PM PDT
(Get armed, practice in the use of your weapons, get physically fit, stay alert!)
And if they follow this pattern all over Europe
They're not going to follow this pattern because the larger bailouts have already been done in the larger countries.
This was a signal from the EU (mostly Germany) that it's had just about enough of bailing everyone out.
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