Do you also like to watch historical documents and it makes you think that times have changed? You say: To confuse the fact that we are already so far from war, from the pre-war Great Depression, from the Munich Agreement, from monetary reform…? So be careful with such courts. This froze me with the feeling of a certain déjà vu. On Wednesday, May 29, sixty years have passed since the speech of the then President Antonín Zápotocký. Zápotocký called Tonda Zápotonda or the father of the workers shouted: "Our currency is solid and there will be no currency reform, they are all rumors spread by class enemies." So he bastied it for two days. Then came monetary reform and it turned out that Zapotonda
he lied blandly. He was lying at a time when new banknotes for the forthcoming monetary reform were printed and fine-tuned technical details of deposit confiscation.

Do you think you will never again? And do you remember those slightly dramatic days when Cyprus went bankrupt a few weeks ago? Many heard something before day D. So he thought. And so thoughtful, especially the Russians, brought their deposits out of Cyprus already in 2012. On Friday before D, Cyprus's leading politicians brought their deposits out of Cyprus. And over the weekend there was ... well yes, basically a monetary reform. Though she was not called. However, developments in Cyprus met the essential features of monetary reform: all measures were imposed without warning, so that the general public would not know about them in advance and could not withdraw deposits. The boundaries were closed for the movement of money. The Cyprus euro has ceased to be convertible under exactly the same conditions as the euro outside Cyprus. Most importantly, despite all the practices and guarantees for bank and state problems, Cypriot savers have paid off, some of them have literally confiscated their savings in banks. Brussels said it would never happen again. That a similar scenario is not planned for other countries. Don't believe it. European politicians blatantly lied.

At a subsequent Brussels meeting of EU finance ministers, ministers agreed that if someone was to "let go" to "have" more than 100 in a bank more than a thousand euros, the bank's potential difficulties would automatically be blocked. It would not be confiscated if his bankroll was to be deposited. That such a principle should even become one of the "pillars" of the European banking union.

It seems to you that nothing is wrong that everybody knows that bank deposits are already insured in 100 only a thousand euros? Do not be mistaken. To say that "in case of any problems the bank will automatically bear depositors deposits with 100 thousand" is not mistaken the same as saying "deposits are insured into 100 thousand euros". Deposit insurance applies to a situation where the bank or the campaigner goes bankrupt, and people would lose their deposit insurance policy. It was and still is. But now the logic turns: People have to lose deposits so the bank does not bankroll. And that's exactly the model that was used in Cyprus. The one who says "not planned for other countries".

And then that history does not repeat itself.

Source: sichtarova.blog.idnes.cz