Financial European Leadership Robs Depositors to Pay for Bank Failures, SWHC will soar
Here's an example of why we buy these SWHC products--the leadership in Europe decided to rob the depositors of Cyprus banks 6.9-10% to pay for bank bailouts--and the act of governmental supremacy is about to send the fragile recovery into the toilet.
Not to mention individual rights of the innocent not to be robbed to pay for banking stupidity--it's a great reason amongst many to buy SWHC product here, just in case you thought the government can't do the same thing here.
Because along with controlling we the mob is controlling we the mob's meager resources. Don't think it can't happen here.
In case you didn't notice, the fed and us treasury are doing the exact same thing to holders of us monetary assets. Printing money and spending it is just a slow walk to the same result. This time it hasn't been so slow however. If the low info u.s. Citizen understood this, they would be rioting with the Cypriots.