150705 – Banker Haircut

Another great report.

Hyper Report's avatarThe Hyper Report

Today’s Items:

First…
Austrian Petition
http://www.armstrongeconomics.com

In Austria, the threshold of voters on a petition has been reached; such that, there will be a debate in the Austrian Parliament over exiting the Euro and the EU. When there is a misconception that austerity is good and inflation is bad, it is time to get off the EU idiotic pony express to hell.

Next…
Banker Haircut
http://www.zerohedge.com

Greek banks are considering a haircut on all deposits greater than 8,000 euros to implement capital controls in a futile attempt to stem the flow of cash withdrawals. Why would anyone have left any money in a Greek bank after the last “haircuts?” Stevie Wonder could have seen this coming two years ago. Besides, I prefer to get my haircut from a barber, not a banker as 30% is more like a amputation.

Next…
Bullion Direct
https://www.youtube.com

Bullion Direct is suspending its operations due…

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