Reports from Cyprus state that bank customers may realize a 60% loss in their deposits. If worldwide derivatives fail, could you personally withstand a 60% loss in your assets?
The greatest fear is that derivative figures may be over one quadrillion dollars, and most of these derivatives may be worthless. What happens when it all crashes?
Cyprus is a test case. Worldwide bankers want to observe what investors do when countries become insolvent. The Euro isn't far behind...
One Minute Edification: Our Messiah will return soon, so don't despair. According to my time table, he's due in 2022. I know you can keep your faith for only nine more years.