“The 15-page FDIC-BOE document is called “Resolving Globally Active, Systemically Important, Financial Institutions.” It begins by explaining that the 2008 banking crisis has made it clear that some other way besides taxpayer bailouts is needed to maintain “financial stability.” Evidently anticipating that the next financial collapse will be on a grander scale than either the taxpayers or Congress is willing to underwrite, the authors state:
All of Europe and UK will “bail in” and US well you have to read it to believe it!!!
If the above link does not work, do this:
PLEASE go to fdic.gov, search box type in gsifi.pdf
Cyprus is a test run REPEAT a test run. They have spent the last two years rewriting the GLOBAL FINACIAL BANKING SYSTEM.
Amazing discovery. See for yourself. Hold on to your real estate assets.