An instructive post spotted over at Zero Hedge...
Sat, 03/23/2013 - 01:07 | 3364989etresoi
Bruce, your sentiments are spot on, your numbers not.
I am Swiss and reside in France, in France one is limited on cash withdrawal to €500. This past week, I needed to wire funds to Switzerland. The French bank demanded 13% fees!
I told them I do not like Russian haircuts, called my wife, who was in Lausanne and told her to visit every ATM she could find and lower all French accounts to below creditcard limits.
The car is filled with fuel and documents. I am prepared to drive to Geneva, at a moment's notice, because France can get ugly, quickly.
"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."
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