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Panama announces 5 day bank holiday


More “Bail-ins” on the way around the world. Your deposits are not safe.

Follow The Money

Panama

http://www.maxkeiser.com/2013/09/breaking-panama-announces-5-day-bank-holiday-bail-in-imminent/

This morning the National Bank of Panama announced that it was suspending all services until Tuesday the 1st of October. The National Bank of Panama claims that the reason for the 5 day bank holiday is to upgrade systems.
The Clave (Debit Card) system has been taken offline. No wire transfers between banks and internationally until the 1st of October.

This system wide shutdown has country wide implications. The National Bank of Panama did not warn the people before making the announcement and shutting down the banks. The people do not have access to ATM’s either. We received word of this from family members first. This weekend is payday for people across Panama.

Is the next Cyprus-style bankster bail-in about to be implemented in Panama?

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did you see this on your mainstream news tonight? i bet you didnt..

401

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Author:General Maddox

Real News Australia was founded in 2012 and is Australia's leading alternative news site featuring; open source journalism, current news articles that actually matter, opinionated editorials, shared news items from Australia and around the world, documentary films & video clips. We are dedicated to talking about real issues, health news, world events, political events and deciphering the main stream media garbage in order to break the cycle of propaganda. Remember: "Journalism is printing what someone else does not want printed. Everything else is public relations." - George Orwell. Please share anything you feel is worth sharing and subscribe to our emails. This operation is run on a shoestring budget so any contributions are well received.

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One Comment on “Panama announces 5 day bank holiday”

  1. silvermine2012
    November 1, 2013 at 3:45 am #

    Would you please do a follow-up story about Panama banks? How did this all play out? Thanks!

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