Economics Magazine

It Has Begun! This Is How It Starts – Bank Deposits Seized – X22Report

Posted on the 07 July 2014 by Susanduclos @SusanDuclos
By Susan Duclos
It Has Begun! This Is How It Starts – Bank Deposits Seized – X22Report


The demise of the dollar has been accelerated by the actions of the US government and Dave from X22Report delves into the reasons behind it, as well as seeing yet another country, this time Spain, following the example of Cyprus by declaring a 3 percent "tax" on depositors' money, creating their own "Bail-in."

 As Dave correctly states, this is how it starts, it has begun and this is nothing less than a mini bank deposit seizure as he reminds us that in Cyprus, it started low and ended up being 47 percent of depositors money.

 It is coming folks.... one country after another and with China, Russia and others bypassing the dollar, it is only a matter of time before the US does the same thing Cyprus did and now Spain is doing, and starts seizing bank accounts when the USD is no longer the world's reserve currency and we cannot continue to print money with nothing to back it up and our debts come due and we cannot pay them.

 Prepare!


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NOTE- X22 VIDEO REMOVED AND USER BANNED FROM YOUTUBE, STORY BEING WRITTEN NOW AFTER DAVE SENT AN EMAIL ASKING FOR HELP....  (NEW STORY HERE ON X22REPORT BEING SILENCED)
The video below replacing the X22Report video that has been removed, discusses the financial meltdown. The second video is the original one, showing that YouTube removed it. (Back up now, see update below)
UPDATE!!!! X22Report channel restored!!! Thanks to everyone from Dave found HERE.


Cross posted at Before It's News


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