Often times we've seen posts that discuss the lessons we ought to learn from past. Far-away past like inflation in the Germany, and somwhat recent past like inflation in the USA.
I'm yet to see any posts about the leassons from the present viz. Cyprus.
Are there any lessons at all?
If there are, is there a lesson such as any account that is under FDIC's umbrella insurance protection is actually vulnerable? Vulnerable to tax by our beloved government in order to reduce the national debt ?? !!
Is there any such lesson that actually the assets that are outside of FDIC's insurance are not vulnerable to such a tax? ... So ... it is possible that a worst-case scenario of a one-time tax on "deposit accounts" will screw the (so called) savers, and spare the traders whose assets are outside of reach of the FDIC? ;-)
... Just wondering ...