Quote:
Originally Posted by Relentless
Not as huge as the panic will become with Spain, Greece and others all starting a massive run on the banks out of fear that the 'Cyprus method' will soon be coming to their home towns.
Monetary policy at its worst.
|
Spain's already had a bank bail out and is sorting out it´s bad bank debts, the investors are getting shafted, as it should be.
Italy though.... they don't trust the banks anyway and after this they´ll be no accounts with more than 100k left.