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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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07-26-2015, 04:50 AM
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#1 |
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Confirmed User
Join Date: Dec 2009
Posts: 2,157
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Cyprus Style Bail-in Is Possible For Greece
Debt conundrum to keep Greek banks in months-long freeze - Yahoo Finance
Looks like the recent bail out was secured by essentially putting state assets up as collateral but in addition to that, Germany (according to Reuters) may be pushing for wiping out depositors or at least those with over 100k on deposit. Ouch...... it happened in Cyprus. If it happens in Greece, it could happen anywhere. From above: "Others, including Germany, however, are lukewarm and could push for losses for large depositors with more than 100,000 euros on their accounts, or bondholders." |
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07-26-2015, 06:54 AM
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#2 |
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Confirmed User
Join Date: Oct 2006
Location: solar system, earth
Posts: 123
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This could always happen anywhere, banks do not guarantee 100% of your deposit. Your money are covered only up to 100-200 hundred thousand, above that there is always a risk.
Banks are largelly seen as money storage which is not really the case, it's an investment and as any investment there is risk involved although being a very low risk |
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