European officials are openly admitting that the two largest banks in Cyprus are “insolvent“, and it is now being reported that Cyprus Popular Bank only has “enough liquidity to cover the next few hours“. Of course all banks in Cyprus
Citizens of Cyprus are scrambling to withdraw funds from their bank accounts after the EU, with agreement from the Cypriot government, announced they will decimate funds held in personal bank accounts to the tune of up to 10% of existing
Earlier this year, politicians were threatening that March 1 would be a big doomsday event in the U.S. as the mandatory spending sequester kicks in. Instead, Congress took the day off … and hardly anyone in leadership roles seem too
These days there seems to a conspiracy theory for just about everything. But there are also some where all the pieces flat out come together – and that is when conspiracy theory becomes conspiracy fact. This article I came across
Forget what you see on tv and read in the newspapers regarding the economy of the U.S. – or even the world for that matter. It’s a lot worse than you’re being told. Here are 35 statistics about the working
When you heard someone say, “put some money away for a rainy day,” they most likely were not talking about when the SHTF. And whether or not you’re saving money for anything, are you actually putting any money aside for
You’ve seen them in plenty of movies and tv shows. The ol’ safe in the wall – usually behind a painting or family portrait. You know you want one in your house, but probably haven’t gotten one yet because you
With all the talk about how important it is to invest in gold and silver and stock up on the physical stuff whenever possible, cash will still be king. This thought provoking article explains why. It makes total sense as to
