Tag Archives: Cyprus template

‘Bail Ins’ Mean Deadly Bank Blowout Is On Us: What Must We Do?

Even before the ironclad principle of “bank bail-ins” is imposed across Europe on Jan. 1, ominous events around its dying “zombie banks” are signalling that the entire trans-Atlantic world is heading into one huge and chaotic financial explosion. “Europe’s Zombie … Continue reading

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British Empire Applies Its Murderous “Cyprus Template” to Greece

Among the numerous hideous features of the EU-Greek “agreement,” two stand out as modeled on what the British Empire designed as their “Cyprus Template,” as Eurogroup President Jeroen Dijsselbloem coined the phrase back in March 2013. This is a “bail-in” … Continue reading

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British Monarchy Imposes Policy of Genocide Against Greece

Lyndon LaRouche pointed directly to the British Monarchy, and Queen Elizabeth herself, as being responsible for the economic butchery being imposed on Greece today by her messengers, German Chancellor Angela Merkel and Finance Minister Wolfgang Schaeuble. “That’s what the Queen’s … Continue reading

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Evans-Pritchard Argues that Banco Espirito Santo Was Bailed Out

City of London mouthpiece Ambrose Evans-Pritchard writes that the “rescue” of Portugal’s Banco Espirito Santo was a bail-out and not quite a bail-in, and that European officials backed off on bailing in all creditors and unsecured depositors by their new … Continue reading

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Glass-Steagall Introduced into Debate on Cyprus’s Accelerating Foreclosure Crisis

In the midst of growing popular outrage at the banks in Cyprus, Glass-Steagall-type banking reform has been introduced into the huge debate over the mortgage foreclosure crisis. The Troika (European Commission, European Central Bank, and International Monetary Fund) is demanding … Continue reading

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Threat of Crash Coming Closer

A worldwide stock-market rout as August began, accentuated in European markets, reflected flashing red signals of the trans-Atlantic financial system in trouble. Of most import is the collapse of Portugal’s largest banking group, Espirito Santo. The last part of that … Continue reading

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Austrians Take Bail-In Plan To Court, Leading Cypriot Denounces EU’s Bail-In Theft

Austrians Take Bail-In Plan To Court At least two of the insurance companies that are affected by the planned bail-in at Hypo Alpe Adria Bank, namely Wiener Städtische and Uniqua, have announced that they will take the expropriation legislation of … Continue reading

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