Quote from: zeroday on March 26, 2013, 04:59:20 PM

Quote from: rpietila on March 26, 2013, 03:05:51 PM

This is called moral hazard, and the fact that this shit is going to blow up on all of the Finns' and Germans' face, is the very reason why I took my last EUR 30,000 out of the bank today (see pic). Now they can try to "tax" me bruahaha.

Without doubt, this is what should all Europeans do today.
But tomorrow rules may change and all paper EUR become useless. They can just prohibit paper money forcing everyone to use bank accounts only.

In all probability, sure as hell they can and will. But wait, doesn't that spell hunger.. Shocked

I am more than prepared to wind down my business altogether, if it doesn't make sense any more. I am already selling my silver stock at a discount (see signature) and keeping the proceeds in bitcoin. If the politicians want that all economic activity grind to standstill, I am the early indicator. In fact I sold out of gold already, and cashed out of euros in the bank. If they force me to abandon cash, the only business that I have left is to trade between silver and bitcoin. And since even that needs to be done clandestinely I am afraid, there will be no business, and I can start collecting dole and move to Thailand.

My company's closing of gold operations was the 3rd most read article in Helsingin Sanomat the biggest Finnish newspaper, last Wednesday.