"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
UK Banking Industry – Most Unstable in G7 Implements Depositor Bail-in Scheme
Submitted by Melinda L. Secor on Mon, 2016-01-11 02:00
"On the first day of 2016 all banks located within the EU follow the ‘Anglosphere’ nations of Britain, America, Australia, New Zealand and Canada into an agreement, where the next bank failure and bail-in could cost depositors all their money."
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