#00Buck Posted January 25, 2016 Share Posted January 25, 2016 (edited) More furry less blah blah blah. Edited January 25, 2016 by #00Buck 1 Quote Link to comment Share on other sites More sharing options...
Rassah Posted January 25, 2016 Author Share Posted January 25, 2016 You're right Quote Link to comment Share on other sites More sharing options...
WileyWarWeasel Posted January 25, 2016 Share Posted January 25, 2016 I suggest we form a Furry Task Force (FTF). Only united can we end our economic troubles by launching solar power satellites into space! Quote Link to comment Share on other sites More sharing options...
Rassah Posted January 27, 2016 Author Share Posted January 27, 2016 Oh fuck damnit. Just got news that Italy had a first round of bail-ins (where government seizes people's savings from their banks to pay for its loans, like what happened in Cyprus), is experiencing bank runs, and pensioners are committing suicide after having everything taken from them. And EU passed a law legalizing bail-ins for the rest of the EU countries. This kind of bs is why I hate governments and banks. They'll promise you free stuff, spend your money without your permission, and then take everything you own and leave you to die. And then their followers will come after you if you so much as suggest that the thing they are voting is what's causing their problems, or see that you are actually trying to protect yourself from that looting. All the Communist rally posters I saw when I visited last summer were quite unsettling Stay safe @AmiirAmiir And you're right guys, it's a bummer, it's not furry, and I would love for this to be old news, but it's a car wreck in progress. I just hope some people here would be willing to heal each other as things get worse. Quote Link to comment Share on other sites More sharing options...
WileyWarWeasel Posted January 27, 2016 Share Posted January 27, 2016 @Rassah The bail-in laws were introduced on 1st January. Last year a couple of countries within EU were even sued for wanting to delay the introduction of the laws. Looks like there was a good reason for getting these laws in quickly. Quote Link to comment Share on other sites More sharing options...
AshleyAshes Posted January 27, 2016 Share Posted January 27, 2016 10 hours ago, Rassah said: Oh fuck damnit. Just got news that Italy had a first round of bail-ins (where government seizes people's savings from their banks to pay for its loans, like what happened in Cyprus), is experiencing bank runs, and pensioners are committing suicide after having everything taken from them. And EU passed a law legalizing bail-ins for the rest of the EU countries. This kind of bs is why I hate governments and banks. They'll promise you free stuff, spend your money without your permission, and then take everything you own and leave you to die. So, the closest I could find was this: http://www.bbc.com/news/world-europe-35062239 It was one suicide. He has invested into the bank itself that was going sideways and all the money from the bail in, including this individuals, was from their shares and bonds in the bank and not their savings like how Rassah said. I figure all of Rassah's inaccuracies is why he didn't bother to post an article. As unfortunate as that was, had the bank gone under, all shares and bonds in the bank would have been worthless anyway, so the money was gone either way. Quote Link to comment Share on other sites More sharing options...
AlexInsane Posted January 27, 2016 Share Posted January 27, 2016 On 1/17/2016 at 10:33 AM, Saxon said: Well this looks like a pissing contest. Like two midgets dressed as professors wrestling on the ground. "YOUR THESIS IS STUPID!" "NO, YOURS IS!" "THAT'S NOT WHAT YOUR MOTHER SAID LAST NIGHT!" "YOU BANGED MY MOTHER?! BUT SHE'S 83 AND LIVES IN A HOME!" Quote Link to comment Share on other sites More sharing options...
Guest Posted January 27, 2016 Share Posted January 27, 2016 18 hours ago, Rassah said: Oh fuck damnit. Just got news that Italy had a first round of bail-ins (where government seizes people's savings from their banks to pay for its loans, like what happened in Cyprus), is experiencing bank runs, and pensioners are committing suicide after having everything taken from them Wow, what? I didn't hear any of that. And I live in Italy too so what's going on Quote Link to comment Share on other sites More sharing options...
AshleyAshes Posted January 27, 2016 Share Posted January 27, 2016 1 hour ago, Amiir said: Wow, what? I didn't hear any of that. And I live in Italy too so what's going on He's basically making to up, so don't worry. Quote Link to comment Share on other sites More sharing options...
Rassah Posted January 28, 2016 Author Share Posted January 28, 2016 (edited) 8 hours ago, Amiir said: Wow, what? I didn't hear any of that. And I live in Italy too so what's going on It's apparently some slightly old news I missed, and new news just picking up http://www.examiner.com/article/italy-bank-runs-could-be-the-northern-rock-signal-of-global-financial-meltdown http://www.ibtimes.co.uk/italian-pensioner-commits-suicide-government-saves-his-bank-not-his-savings-1532783 http://www.thelocal.it/20151210/man-kills-self-after-losing-100000-in-italy-save-banks-plan http://www.valuewalk.com/2016/01/italys-banking-crisis/ https://m.thetrumpet.com/articles/13510,2 https://www.dollarvigilante.com/blog/2016/01/26/italian-bank-panic-bail-in-the-next-domino-to-fall.html Looks like the guy lost his money from a plain savings account, wasn't the only one, and more of that is coming. Edited January 28, 2016 by Rassah Added more links Quote Link to comment Share on other sites More sharing options...
WileyWarWeasel Posted January 28, 2016 Share Posted January 28, 2016 @Rassah I disagree with some things that you say, however feel free to keep posting the economic news with links. Another perspective on the world economic situation doesn't hurt. Quote Link to comment Share on other sites More sharing options...
AlexInsane Posted January 28, 2016 Share Posted January 28, 2016 So long as the government acts like the government and continues to act like the government, I don't see the problem. I mean, that's what government is - screw everyone else, I get to wear sunglasses at night and fly in Air Force One. Quote Link to comment Share on other sites More sharing options...
AshleyAshes Posted January 28, 2016 Share Posted January 28, 2016 (edited) 6 hours ago, Rassah said: =Looks like the guy lost his money from a plain savings account, wasn't the only one, and more of that is coming. http://www.ansa.it/english/news/2015/12/11/renzi-calls-for-banking-system-overhaul-after-suicide_406795e0-ffc7-49a8-bbc2-1b72612e7a3a.html No, they were bonds. He had his money entirely in high risk bonds in a bank that was going under. Quote D'Angelo hanged himself November 28 after losing his life savings on subordinated bonds in the crisis-hit Tuscan lender. Quote The ministry said almost half, or 340 million, of the 768 million in subordinated bonds cancelled by the rescue of the four banks was held by 10,500 retail savers. Edited January 28, 2016 by AshleyAshes Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.