Stock and Bond Market-Timing: Can it be Done? Message Board

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Strategies & Market Trends : Stock and Bond Market-Timing: Can it be Done?

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To: Honey_Bee who wrote (2263)	3/19/2013 11:28:25 AM
From: Boca_PETE	Read Replies (1) of 3605

I read today where New Zealand is contemplating the same type of stunt there. This insanity will kill the banking industry worldwide. While it's not the fault of banks, what person or company will trust banks go forward to open a bank account? Will we all be relegated to stashing cash, precious metals, and or raw diamonds into "safe" deposit boxes? Checking accounts will be unworkable! Governments taxing bank accounts are driving commerce back to the stone age! It's sick out there and getting sicker by the hour! Maybe Brinker doesn't think this type of "solution" will come to America because the dollar is currently "the reserve currency"! But what if countries ban together is remove that privilege in favor of some other non advantageous alternative? The current crowd of economic illiterate gangsters running things might just pull something stupid like this type of tax. We are living through dangerous times. I hope and pray there is light at the end of this dark tunnel. P

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