New Zealand : Cyprus Style Bank Robbery Planned for New Zealand Citizens : Now being discussed behind closed doors : Not made public for fears of Citizen withdrawals : Your Tip Bank with Metals : NOW


Tuesday, March 19, 2013

New Zealand putting plan together to do as Cyprus. Steal people’s money in the bank overnight without warning.

New Zealand is putting the plan in place to be able to take people’s money on deposit in the banks overnight, just as Cyprus. They are using Cyprus as their model too. They are saying this will help insure that banks do not go under.

If people don’t see the writing on the wall everywhere around the world then they are completely asleep!

I am astonished, countries are not thinking ahead. You tell the people of your country, you will take their money overnight that is in a bank… do you really think, people are going to keep their money there?

This should start bank runs around the world!

At least the governments and banks of the world are showing their true colors now and doing it blatantly where people can begin to wake up!

Get your money out of banks and into real wealth – Metals!

Portion:

National planning Cyprus-style solution for New Zealand

The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today.
Open Bank Resolution (OBR) is Finance Minister Bill English’s favoured option dealing with a major bank failure. If a bank fails under OBR, all depositors will have their savings reduced overnight to fund the bank’s bail out.
“Bill English is proposing a Cyprus-style solution for managing bank failure here in New Zealand – a solution that will see small depositors lose some of their savings to fund big bank bailouts,” said Green Party Co-leader Dr Russel Norman.
“The Reserve Bank is in the final stages of implementing a system of managing bank failure called Open Bank Resolution. The scheme will put all bank depositors on the hook for bailing out their bank
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4 comments on “New Zealand : Cyprus Style Bank Robbery Planned for New Zealand Citizens : Now being discussed behind closed doors : Not made public for fears of Citizen withdrawals : Your Tip Bank with Metals : NOW

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