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Jim Rogers: Taking People’s Bank Accounts Is Going To Happen

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March 30, 2013

By Kenneth Schortgen Jr

On March 28, billionaire investor Jim Rogers appeared as a guest on the CNBC program, Squawk on the Street. During the four minute interview, Rogers was pointedly asked if what occurred in Cyprus was a one time deal, or if this is now a template for the future of Western economies and banks. Without hesitation, Rogers said that this is going to happen, and taking people’s money from their bank accounts is a certainty as both the IMF and ECB have already condoned it in their precedent.

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    Total 3 comments
    • Ana

      Interest rates are so low why even bother to keep money in a bank account?

    • Anonymous

      IT WILL ONLY HAPPEN IF YOU HAVE DEPOSITED INTO ONE OF THE MAJOR NATIONAL, INTERNATIONAL BANKS. It won’t happen if you deposited it into a local or state bank. Senior citizens need to sue to get checks instead of direct deposit. Go ahead and pull your money from the national and international banks and redeposit it into local and state banks. They have already said they will not take any money from depositors and they will fight it in court. They knwo the reason its being done, now that Goldman Sachs, the VAmpire Squid has been given permission to become a banking operation. They want the little banks to go under and buy them up for pennies on the dollar and they become Goldman “piglet” Sachs’s branches across the nation. They won’t cooperate in their own demise.

    • Anonymous

      They should empty the bank accounts of Billionaires who hide money in the Bahamas or other offshore banks.

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