As I promised before, here is the rest of my story about Andrew - the friend of mine from Cyprus (http://anashell.blogspot.sg/2013/05/must-read-story.html):
Andrew visited several banks in Singapore over
three days. He wanted to get a personal consultation about his options for
transferring money out of Cyprus
into a local bank. He was hoping to find out more about the security he could
expect under Singaporean laws, but he could never find out anything of material
value for his new strategy. The main conclusion Andrew reached after his
meetings with bankers was a general one that the global system of offshore
havens is becoming a thing of the past. He talked a lot about the coming abrupt deterioration in the
global financial system, which was why the operation to eliminate offshore
zones was speeded up a little. The naïve Andrew was outraged that authorities were
putting together a database of offshore zone clients and that it would be complete
some time in early 2014.
It was both funny and sad to watch Andrew
and his brother because they were both expecting a quick recovery from the
ongoing financial crisis. They are still refusing to see that the hunt for other
people’s money started in Cyprus
precisely because the financial crisis was and is still in full swing. Andrew’s
clients were lucky to have only lost some of their money, because they could
have lost their life or freedom. A somewhat civilized version of high street
robbery has come to the market. After the events in Cyprus , anybody who has eyes can see
the horrible truth about this civilization’s banking system: all the
“first-world” Western countries are bankrupt and perfectly capable of robbing
their own citizens and foreign nationals alike.
To put the sad situation with Andrew, his
clients, and other ordinary people into perspective, one only needs to look at
the gold scam that showcases how severe the current bankruptcy of Civilization
is. It transpired in 2012 that trade in counterfeit gold bullion was rampant on
the world market, with tungsten ingots coated in gold masquerading as pure gold.
Suspicions arose that the vaults of central banks and national treasuries
contain hoards of tungsten. US
member of Congress Ron Paul successfully argued for selective testing of bullion
stored in the vaults of Fort Knox and the Federal Reserve Bank of New York . Germany demanded that the US return the gold
from the Bundesbank’s international reserves held in the NY Fed vault, meeting insurmountable
resistance from the US Treasury and Federal Reserve System.
I told Andrew that the topic of central banks’
gold was going to get an even higher profile in 2013. Thus, everyone is
anxiously awaiting the release of results of selective physical tests on gold
bullion stored in the US Treasury. The US authorities promised to announce
the results in early 2013. Everyone is also tense in anticipation of Germany ’s
reaction to Bernanke’s statement on mysterious disappearance of the German
government’s gold.
As an illustration, I quoted the thoughts of
Amartya Sen (Nobel Memorial Prize in Economic Sciences Laureate and board
member of ECAAR-USA), who wrote more than 10 years ago in the International
Herald Tribune on 14 July 2001 that equality between and within nations is the
fundamental issue of Civilization. Relative inequality includes non-uniform
distribution of wealth as well as a huge asymmetry in political, social and
economic power. Distribution of globalization’s potential benefits between rich
and poor nations, as well as among different groups within nations (countries),
is a major issue. Amartya Sen wrote that the rich were getting richer, and the poor
only poorer.
[ Ana shell, Ana Shell NRGLab, ana shell sh-box, Ana Shell Singapore, Anastasia Samoylova, crisis Cyprus, Cyprus, NRGlab, nrglab singapore, NRGLab Сингапур, NRGLab Pte Ltd ]