Tag Archives: Cyprus
Canadian Bail-In: When Canuck Depositors Get Smoked Will The CDIC Be Any Help?
Not long after the Cyrpus”bail-in” happened markets were spooked when Dutch finance minister Jeroen Dijsselbloem (a.k.a Diesel-BOOM or just D-Boom for short) called it “a template” for future rescue actions.
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Global Finance has Devolved into a game of Calvinball
Familiar with “Calvinball” ? The game of choice in a comic strip, whose nonsensical and kafka-esque rules now describe global finance more accurately than any other model.
Forget Rule of Law, forget the sanctity of private property and given …… Read the rest