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Wednesday, April 17, 2013

Large bank depositors are at risk

The mentality before the 2007 crisis and after that the tax payers bailed out the system but now the asset holders have to contribute to the bailout. As we have seen in the case of Cyprus the large depositors are penalized more than small depositors.

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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