The Template for Bail-Ins & Cash Bans Was First Implemented in Europe in 2013.
More and more analysts and commentators have caught to the fact that the Powers That Be are actively preparing for the next financial crisis with even more extreme measures.
These measures include:
1) Bank bail-ins
2) Cash Bans
3) NIRP
As we’ve been noting since 2013, the template for this process was first laid out in Europe, specifically in Cyprus. With that in mind, it’s worth remembering just how it played out there.
The quick timeline for what happened in Cyprus is as follows: