Remember those old ads showing a senior couple lounging on a warm beach, captioned "Let your money work for you"? Or the scene in Mary Poppins where young Michael is being advised to put his tuppence in the bank, so that it can compound into "all manner of private enterprise," including "bonds, chattels, dividends, shares, shipyards, amalgamations . . . ."?
That may still work if you're a Wall Street banker, but if you're an ordinary saver with your money in the bank, you may soon be paying the bank to hold your funds rather than the reverse.
You can read the rest @
http://www.truth-out.org/news/item/33757-hang-onto-your-wallets-negative-interest-the-war-on-cash-and-the-10-trillion-bail-in
We will soon find out that allowing bankgangsters to escape justice because they are "too big to fail" or "too big to jail" was a giant mistake. We gave them an inch, but next time they will take a mile.
Pay attention to what Ellen Brown writes. She is one of the few who is telling the truth these days and who has the credentials to be believable.
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