If a bank owes you money… you are out of luck

“If a bank owes you money… you are out of luck. You should have known better than to put your money in a bank anyway. Everyone knows you can’t trust them. Especially when the English are involved with them.

“And don’t come running to me telling me that Ireland’s default will trigger a wave of defaults across Europe… and possibly bring down the euro and the European Union. I don’t want to hear it. It was the European Union that got us into this mess. The French and the Germans can go **** themselves.”

Bill Bonner
For The Daily Reckoning

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