Thursday, March 28, 2013

No Bank Account is Safe

From smartknowledgeu

Clarke and Dawe - Slight problem with the Cypriot Banking System

From ClarkeAndDawe

Cyprus reopens banks as eurocrats grip island's economy

From RussiaToday

Banks have re-opened in Cyprus, allowing access to savings for the first time in almost two weeks. There's little relief for cash-strapped citizens though, with severe restrictions imposed on how much money they can withdraw. The limits are set to prevent a bank run, making Cyprus the first Eurozone nation to introduce capital controls.

Marc Faber on the downside risk in US equities

Jim Grant on QE Policy

Ron Paul on the Lew Rockwell Show

EU Looting Private Accounts Now Called "Bank Restructuring"

From TheAlexJonesChannel

The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem.