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A comment on The Real Reason The Poor Go Without Bank Accounts. Parent comment

Re:The Real Reason The Poor Go Without Bank Accounts by clarkm on Saturday September 21, 2013 @04:42PM (#6424434)
Do you not consider Cyprus a developed country? Just a few months ago, many of its citizens had their deposits garnished, some at rates of 40%. How about Greece? There were talks of doing the same there.
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Re:The Real Reason The Poor Go Without Bank Accounts by kazagistar on Saturday September 21, 2013 @05:16PM (#6424583)
Yes; the state failed to tax at high enough rates, and had to tax after the fact to pay of the debt they accumulated.

I guess if you want your money safe, store it somewhere that can do their finances properly?

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