Hoofd Saxo bank: meer spaartegoeden worden geconfisqueerd

“There will be future bail-ins [loss of deposits] and other types of confiscation of wealth in the Eurozone with a doubt,” Mr. Christensen said, in The Telegraph. “There’s no other realistic way forward if politicians continue to fail to deal with the basic indebtedness problem across Europe.”

They won’t take the politically damaging route of raising taxes or curbing spending, he said. “Politicians will take the easier route and take money from the rich,” he said, in The Telegraph. “There’s no other realistic way forward.”