15 Oct
I thought you folks in civilized countries might like this.
Due to the financial crisis that is impacting the world right now, the banks in Ukraine told everyone that they can’t take their money out.
Yep! ALL BANKS – who have your money, have been told by the Ukrainian Ministry of Finance (or something like that) to refuse to give people their money!
HA!
pretty wacky!
It’s no wonder 90% of people keep their money in their mattresses.
Moreover, in case you didn’t know it, the Ukrainian currency has been devalued twice (I think) in the current era (once in Soviet times, once post-Soviet) –> where the “central bank” simply says “your money is now worth 1/100th of what it used to be worth: Get used to it!
The people in the know would take out HUGE LOANS right before this happened. Then, with merchandise in hand, the money would deflate, and they would pay off their loans (houses, cars, etc…) with their next meager paycheck.
One Response for "No, it’s OUR Money!"
[...] Oh yeah, there’s also the problem of the bank simply NOT GIVING YOU YOUR MONEY. Yep, it happens ALL the time. You deposit money. This time let’s say it’s $100,000 into a 7-day CD at 19.5% APR. Well, in a week you should get your $100,000 back, plus $375. Well — good luck getting your money. It has happened: you go to the bank, and tell the teller that you want to cash out your 100K. They say “I’m sorry sir, but we can’t give that back to you right now…” Remember this? [...]
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