Fed Chairman Bernanke Confirms Cyprus Style Confiscation Possible Here TooSubmitted by Const. Clayton on Wed, 03/20/2013 - 16:09
At this afternoon’s FOMC Press Conference, Fed Chairman Ben Bernanke just confirmed that Cyprus style depositor haircut wealth confiscation is possible here in the US “if the Cyprus event or another event in Europe were to become contagious and the people lose confidence in the US dollar’‘.
And there you have it. The entire Cyprus fiasco is now officially on the table when the financial crisis escalates here in the US!!
Credit Silver Doctors