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NC Renegade encourages everyone to become self sufficient and continue education in all forms of safety and preparedness. The best overall site for this topic is Survival Blog by James Wesley Rawles. We strongly encourage you to visit this site and take advantage of its broad knowledge base.
Another excellent resource is Prep Tips.
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Tag Archives: Bank of England
Will the Cypriot banking crisis force the European Central Bank into its own version of the U.K.’s Funding for Lending scheme
Will the Cypriot banking crisis force the European Central Bank into its own version of the U.K.’s Funding for Lending scheme? When Cyprus’s two biggest banks failed, and uninsured depositors were forced to take massive losses, there were initial fears … Continue reading
FDIC & BANK OF ENGLAND CREATE RESOLUTION AUTHORITY FOR UNLIMITED CYPRUS-STYLE “BAIL-INS” FOR TBTF BANKS!
The Federal Deposit Insurance Corporation (FDIC) and the Bank of England—together with the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, and the Financial Services Authority— have been working to develop resolution strategies for … Continue reading
Venezuela will be nationalizing their country’s gold mines and repatriating their gold reserves which amount to $11 billion that are held in foreign banks: Finance Minister Jorge Giordani said that the weakening U.S. dollar, a near-default by the U.S. government … Continue reading