The mattress safe – the latest way to bank with confidence

My Mattress Savings BankEuropeans are a stone’s throw across the pond and what happens there eventually, like the Beatles, happens here. Many in the Euro-zone are asking each other and themselves:

Is your money safe in the bank? Obviously not if you deposited large sums in Cyprus – where the decision to raid savings accounts has rung alarm bells in other countries teetering on the bank bailout high-wire,” posts  of the UK’s Guardian News. Continue reading

Capital flight has become a serious threat to the Cypriot economy


Cyprus bank queueYes. The entire Cyprus population as of today will be fully employed for the foreseeable future. Their jobs…

STANDING IN LINE AT THE BANK TO GET THEIR DAILY CASH ALLOTMENT!!

The calm reported in the media just turned to ANGER in Cyprus. Continue reading

A Safe and a Shotgun or Public Sector Banks? The Battle of Cyprus

HISTORY

the more you know

Remember: “First come, first served”
Like the Billionaires dumping stocks – get it out of the banks now and invest in something tangible. Plant a garden, put solar on your roof – you may not want to leave those 401ks and mutual funds just sitting there because they may not be there when you need them most. [Ed. DeadlyClear]

Retirement Don't Bank on itBy Ellen BrownWeb of Debt | News Analysis | Friday, 22 March 2013 | Click here for original Truth-out post.

If these worries become really serious, . . . [s]mall savers will take their money out of banks and resort to household safes and a shotgun. – Martin Hutchinson on the attempted EU raid on deposits in Cyprus banks (Photo: Loz Pycock / Flickr) Continue reading