Category Archives: Financial

Unsecured Depositors Of The World, Unite… And Get The Hell Out Of These Countries

Posted on March 23, 2013 by DRenegade

Based on the most recent data, JPMorgan notes that the share of large or uninsured deposits is likely to be close to half of total deposits in the European Union. With deposits already flowing out of some of the peripheral … Continue reading →

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Time To Plan For The Worst Rather Than Hope For The Best

Posted on March 22, 2013 by DRenegade

Preparation for disaster, whether natural or man-made, should be as vital as any ideal found in the various practices of religion and spiritualism. Preparedness should be treated with reverence, discipline and duty. The drive for preparation should be seated in … Continue reading →

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The following is the global financial pyramid scheme by the numbers…

Posted on March 21, 2013 by DRenegade

The following is the global financial pyramid scheme by the numbers… –$9,283,000,000,000 – The total amount of all bank deposits in the United States.  The FDIC has just 25 billion dollars in the deposit insurance fund that is supposed to “guarantee” those deposits.  … Continue reading →

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Cyprus blocked accounts of Russian government officials. The situation is developing in the most negative scenario

Posted on March 21, 2013 by DRenegade

Dmitry Medvedev said that the amount of so-called “gray deposits” Russians in Cyprus banks are exaggerated, and that in Cyprus running “a large number of government agencies,” the Russian Federation, “as it is convenient for the jurisdiction of the transaction.” According … Continue reading →

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Euro Banking System On The Verge Of Collapse

Posted on March 21, 2013 by DRenegade

News came out yesterday that all Cypriot banks will continue to be closed until at least next Tuesday and may remain closed permanently. Last week, the European Central Bank threatened to cut the Emergency Liquidity Assistance which Cyprus had been … Continue reading →

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Coming to a Bank Near You

Posted on March 21, 2013 by DRenegade

What would you do if the banks are closed for a bank holiday, the ability to withdraw money is limited and credit cards are not accepted. Ask the people in Cyprus. David DeGerolamo Pictures From A Cyprus ATM Line For … Continue reading →

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Cyprus vs Bankocracy: ‘Mattress better place to keep cash than banks’

Posted on March 21, 2013 by Roth Harbard

httpv://www.youtube.com/watch?v=5Hfmaar81jc Syndication provided by Review.org.

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GM CEO HEADS TO CAPITOL HILL AS BAILOUT SETTLEMENT TALKS FALL APART

Posted on March 21, 2013 by DRenegade

General Motors CEO Daniel Akerson plans to roll up to Capitol Hill Thursday in a flashy new Corvette Stingray less than 24 hours after settlement talks fell apart in a lawsuit that could cost GM at least $1 billion–and add … Continue reading →

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Another Sign?

Posted on March 21, 2013 by DRenegade

What are signs that the country is about to collapse economically? Sentient people who understand the scope of our nation’s debt already know the clock is ticking. So does the government (MRAPs, ammunition and the NDAA). But what about the … Continue reading →

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SWISS TO VOTE ON CENTRAL BANK GOLD RESERVES

Posted on March 21, 2013 by DRenegade

A rightwing group has submitted more than 106,000 signatures to the federal authorities, seeking a vote on stopping the sale of gold reserves held by the Swiss National Bank (SNB). It also wants gold bars stored in the US to … Continue reading →

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Cyprus banks won’t open before Tuesday at earliest

Posted on March 21, 2013 by DRenegade

What would you do if the United States declared a bank holiday for over a week? David DeGerolamo From AP NICOSIA, Cyprus  — Banks in Cyprus will not open before Tuesday at the earliest as government officials try to find … Continue reading →

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THE MARXIST-CAPITALIST SPECTRAL DOUGHNUT – ANN BARNHARDT

Posted on March 20, 2013 by DRenegade

If I had a band, I’d name it “Spectral Doughnut”. But I don’t, so anyone who wants the name can have it. Did you know that the official, fancy-pants mathematical term for a doughnut is “torus”? Well, not for a … Continue reading →

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Two South Korean Banks Hacked – ATMs Down

Posted on March 20, 2013 by DRenegade

What would be the best way to instill fear into a society without firing a shot? Steal their money through a new “tax” as in Cyprus? Shut down ATMs due to “computer problems” or hacker attacks? The recent series of … Continue reading →

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JPMorgan agrees to $546 million settlement in MF Global dispute

Posted on March 20, 2013 by DRenegade

The MF Global fiasco edged closer to final resolution Wednesday after JPMorgan Chase agreed to return $546 million to customers of the failed brokerage. JPMorgan will pay $100 million to MF Global clients, according to the terms of the agreement. … Continue reading →

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Nigel Farage: EU wants to steal money from Cypriots bank accounts

Posted on March 19, 2013 by DRenegade

httpv://www.youtube.com/watch?v=JMf_KwQ2Xlk

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