mark twain

mark twain

"The Cyprus Bank Deposit Confiscation: Is Your Money Safe Anywhere? Prof Lewis Spellman, May 9, 2013

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Texas Enteprise Speaker Series, May 9, 2013, The University of Texas at Austin. The Cypriot bank deposit crisis has put a modern spin on Mark Twain's "It's not the return on my money but the return OF my money that counts." The unthinkable possibilities ahead emanate from the epic gap between a government's financing needs and its ability to sell debt. This has prompted politicians to consider options that were previously considered unthinkable. You will learn — The magnitude of the shortfalls in government funding
 The adverse effects of the monetary fixes that are already underway
 The means that governments use to confiscate private wealth
 The protections being devised by private citizens
 The possibility of new reserve currencies and global wealth reallocation The Texas gold depository as an example of the unthinkables that lie ahead.