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EU Banking - The Cyprus Scenario soon to be made a standard

Discussion in 'BlackHat Lounge' started by lancis, May 21, 2013.

  1. lancis

    lancis Elite Member

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    In case you missed the news, starting from 2016 your deposits over $100,000 will no longer be safe, just like with the Cyprus case.

    http://www.cnbc.com/id/100752779

    The draft has to be approved yet, and it will be approved, if people wouldn't take action.

    My personal IMHO - keeping your money under the bed is a safer option than keeping them in the EU bank.
     
  2. rasmusk

    rasmusk Senior Member

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    Just fucking invest in DKK if you want to stack your money safely somewhere. Yes euro banks are safe, just dont have more than 100k usd in them ;-)
     
  3. Seo-Devil

    Seo-Devil Regular Member

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    so buy the safe and place it under your bed, It will work as insurance for your money
     
  4. acotut

    acotut Elite Member

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    I guess the best option would be to spread the money around,and have some coins on a Mem. Stick aswell ;)
     
  5. rasmusk

    rasmusk Senior Member

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    Thats a bad idea :p IMO!
     
  6. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    Finally...
     
  7. ShadeDream

    ShadeDream Elite Member

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    :confused:?
     
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  8. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    When you deposit your money on a bank, you loan it to them. That 's why they pay you interest :)

    When a loan goes bad, who is responsible for taking the damage? The actual loaner or the random tax payer?
     
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  9. Roparadise

    Roparadise BANNED BANNED

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    Or you put your money into a decent bank, lol.

    The vast majority of banks that failed in the U.S. were small community banks that are not well diversified,because they were only in one or two counties.
     
    Last edited: May 21, 2013