RE: I got a call from a currency buddie.......... Oldfx1 - So if I go open up a new savings account do they have to explain it to me?
"You deposit your money in our bank, in exchange for that deposit we will pay you 1% interest. Oh...... By the way, if we ever get in financial trouble, we take as much of your deposit money as we need to remain solvent......."
Seems like the world of deposits just changed. Depositors should demand 6%-8% and the bond holders should get 1%??????