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"The Cyprus Bank Deposit Confiscation: Is Your Money Safe Anywhere? Prof Lewis Spellman, May 9, 2013
3h agoTags
Description
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.
