Eric Sprott: “All The Paperwork Has Been Laid Out—For Bail-Ins As The Solution In The West”

http://bullmarketthinking.com/eric-sprott-all-the-paperwork-has-been-laid-out-for-bail-ins-as-the-solution-in-the-west/

“The one event in my mind would be when it becomes apparent to everyone that having a deposit in a bank is a very risky situation. We saw that in Cyprus where the depositors got nailed on the bail-in. We’ve seen all these proposals to have bail-ins as the solution to the problem in the US, in Canada, in Britain, in New Zealand and in Europe. All the paperwork has been laid out.”