Re: My bank account's got robbed by European Commission. Over 700k is lost.
AND SOME PEOPLE HERE COMPLAIN ABOUT VIRCUREX 
Really guys, how can anybody trust government bonds anymore after Greece, Hydro Alpe Adria and so on....
Note that bank deposit insurance schemes are pointless. The 100 000 number means nothing. Just one small to mid size bank can be covered by these schemes; but in a crisis there will be several banks and AFAIK the money in the scheme is roughly 1/10 of a percent of all deposits in a region
Putting money in a bank is like putting it in an exchange; it can be seized or frozen or just gone at any time.
Really guys, how can anybody trust government bonds anymore after Greece, Hydro Alpe Adria and so on....
Note that bank deposit insurance schemes are pointless. The 100 000 number means nothing. Just one small to mid size bank can be covered by these schemes; but in a crisis there will be several banks and AFAIK the money in the scheme is roughly 1/10 of a percent of all deposits in a region
Putting money in a bank is like putting it in an exchange; it can be seized or frozen or just gone at any time.