Dominos are starting to fall... First Cyprus, now New Zealand

It looks like New Zealand is going the way of Cyprus, but it seems that they aren't putting a cap on the confiscation with a determined percentage. Instead NZ will confiscate whatever amount is needed to keep the Bank from going under.

The New Zealand government is reportedly pursuing a policy of Cyprus style depositor haircuts for all future bank failures!

The plan would not limit the haircuts to any percentage, but would steal whatever is necessary from depositors to prop up the failing bank institution: Depositors will overnight have their savings shaved by the amount needed to keep the bank afloat.

The rule of law in the entire Western financial world is apparently vaporizing faster than the spent fuel at Fukushima.

So are they trying to create an international bank run on purpose... or are they that stupid? Probably a little bit of both. This is why I keep just enough money in the bank to pay bills, and any extra is turned into silver and other tangible assets. If you're still in paper, well, good luck with that.


Link to story

Link to original story from NZ

If everyone started pulling everything out of banks the whole system would collapse wouldn't it?? I think it is both stupid and dangerous! Maybe this is part of the grand plan, have the entire system collapse then introduce a new system...hmmm NWO anyone? Something to think about.

dominoes? Whats the connection between cyprus and nz?

Originally posted by FraternitasSaturni
dominoes? Whats the connection between cyprus and nz?

The connection, I'd say, is that this tactic had not been floated until Cyprus... and now is in use in other places. It certainly won't stop with NZ, and the fact that it spilled over already should, in the words of Bullet-Tooth Tony "...precipitate your balls into shrinking."

Who's up for a run to the bank? I mean... on the bank.

Originally posted by FraternitasSaturni
dominoes? Whats the connection between cyprus and nz?

The connection is that the Gov't of NZ has decided to confiscate private deposits from citizens of NZ, an idea that was brought to light over this past weekend in Cyprus. There are reports that Italy is considering doing the same thing, or institute a wealth tax... either one will cause a bank run. This will effect other nations, hence the dominos analogy.

the conection?
Except for the countries slated for destruction and regime change by the banker controlled west, the rest are all controlled by the privately owned or controlled central banks which are owned by a small handfull of people who want to control the planet and kill everyone else off...

a new depression a war ( just like the last ones they created) and then world war would be a great next phase

Well that didn't take long. Wonder how many other troubled countries are thinking about doing this same thing? I figured it would be at the very least a month before we heard about another country doing this, but 3 days? What has been keeping things from collapsing if this is what they are resorting to?

SO how long before this hits the every day U.S. banks? How long before I should pull what little money I got out Hmmm....

This will happen in America. It is just a matter of time. Socialism is great until you run out of other peoples money.

Originally posted by SpaDe_
Well that didn't take long. Wonder how many other troubled countries are thinking about doing this same thing? I figured it would be at the very least a month before we heard about another country doing this, but 3 days?

What has been keeping things from collapsing if this is what they are resorting to?

edit on 3/19/2013 by SpaDe_ because: (no reason given)

I would be willing to bet that this "plan" (for lack of a better word) has been in the works for a while. I find it interesting that they are starting with small countries. This is probably the plan in order to see the public reaction, which I'm sure they have anticipated to be pretty negative to say the least. I would be willing to bet that if the criminal banksters are happy with the results they get from Cyprus, NZ, and whoever else that they will move on to bigger countries.

Originally posted by skorpius
SO how long before this hits the every day U.S. banks? How long before I should pull what little money I got out Hmmm....

You should have already pulled it out, but if you haven't then do it today. Go to your local coin shop, buy as much silver as you can afford (or gold if you have it like that) and put it in a safe in your closet and forget about it. A day of reckoning is coming, and the only way to survive the financial collapse is to be out of the financial system.

Cyprus just voted and rejected the stealling of the people money. Now the ball is back in the ECB court.

Plan B,

Cyprus defaults and maybe it could trigger a CDS domino to greece and down the line we go.

No one know whats going to happen now. Uncharted waters.

reply to post by camaro68ss


I'd like to see how all of this ties back to Iceland. I'd like a listing of steps that we can follow to be more like them.

Not going to take any money out of the bank though. There's little enough there that they can take it and choke for all I care.

From those who have to those who need, right? This is the thing that people don't realize they actually vote for when they select their politicians.

Connection between Cyprus and NZ is that Cyprus is the test tube for EU and NZ is the test tube for the entire western world (OECD). It has something to do with our isolation. Whenever they want something to go streamline globally later, NZ was the country to test it out usually. Small population, mostly white and quite high living standard and controllability.

But now this is John Key's government, a bagman to the globalist. At least, the former Labour government of Helen Clarke's moved very swiftly to allay fear in banks' run with an immediate 15 billions Dollars government's guarantee against any perceived losses back in the early days of 2008 GFC.

reply to post by Starwise


Doesn't matter if there will be a bank run or not...Having your money at home or in the bank, it will be worth close to zero. Thinking about being smart to change your money into an other currency......will not help, that other currency will also collaps. It is all tied together...I mean,..."they" tied it all up together...over educated greedy idiots.

reply to post by CrikeyMagnet

would love it ///but in holland such words are illegal en you can be jailed for it .....if you advice on MSM to take up youre assets on the banks

yes the socialists of the world are that stupid.
at the same time they think they are the smartest people on earth.
they think they can plan everything.
when their plan goes wrong, they have the new plan to fix the old plan.

what you are seeing with these confiscations, is the death throws of soft socialism, and the beginning of a more totalitarian form of socialism.
or communism.

things are not going to get better.
these quick fixes, and bailouts are not going to do anything except make things worse.

put your helmet on, Karl Marx is coming to town with his hammer.
and he is going to beat you over the head with it.

reply to post by CrikeyMagnet


The "thing" that is connecting all of these dots - Cyprus, NZ, Russia - is the International Money Fund IMF (the world bank). It is telling Cyprus they need to do this in order for the IMF to feel "confident" in "bailing the country out".

Obviously, and I don't know for sure, Russia is not playing ball with the IMF, thus the russian mafia money is the target in the Cyprus banks. Russia is saying it will bail out Cyprus by itself, if Cyprus gives it oil production and exploration rights to the big oil field it sits on.

Iceland also told the IMF to "suck it".

NZ is the IMF's next target.

Russia is in control of a large part of the EU's power grid - due to the stupidity of the EU. Russia has turned off the gas spicket in the past in parts of the eastern EU - just to show they can.

Strange how Russia is almost the hero here, I say "almost". Maybe communism isn't that bad/sarcasm.

i'll bet the int.bankingsystem closes douwn in an coupple of day's for an general reset....if the domino-effect starts...so some extra cash in the house could be an wise idee