Tag Archives: Bank Holiday

Cyprus banks won’t open before Tuesday at earliest

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

Posted in Editorial, Financial | Tagged , | Comments Off on Cyprus banks won’t open before Tuesday at earliest

Cyprus Bank Holiday Extended to Thursday

The Cypriot bank holiday has been extended from Monday to Tuesday to Thursday. The people are out in the streets and every nation is denying responsibility for the “terms” of the bailout which was the confiscation of private property. If … Continue reading

Posted in Editorial, Financial | Tagged , | Comments Off on Cyprus Bank Holiday Extended to Thursday

Ireland is the Next Cyprus

This isn’t a long post, just a brief set-sum analogy to make you think.  Ireland, Bermuda, and the Cayman Islands are the British/US analogues of Cyprus in relation to wealthy Russian investors – off-shore “tax havens”. I have picked Ireland … Continue reading

Posted in Editorial, Financial | Tagged , , | Comments Off on Ireland is the Next Cyprus

This Is What Happens When Your Money Is 1’s and 0’s

If you have your money in a bank, stock, bond or even a safe deposit box, it is not really yours. Hard to believe that the world has returned to a time where if you cannot physically touch it and … Continue reading

Posted in Domestic Enemies, Editorial, Education, Financial | Tagged , , | Comments Off on This Is What Happens When Your Money Is 1’s and 0’s

20 Reasons Why America’s Next Bank Holiday Will Be a Nightmare

The world is on now on the brink of a global credit crisis that could be far worse than the tumultuous events of 2008. The ongoing sovereign debt crisis in the southern reaches of the Eurozone indicate that bank runs in … Continue reading

Posted in Editorial | Tagged , , , | Comments Off on 20 Reasons Why America’s Next Bank Holiday Will Be a Nightmare

Bank Holiday Reported – In Italy

This release is from May 31, 2012 from Banca Network (BNI) in Italy. The suspension of payment of liabilities is for a period of one month. This bank is now reported to be closed for a bank holiday and clients are … Continue reading

Posted in Editorial | Tagged , , , | 1 Comment

Why Do You Have Still Have Money in a Bank?

This will not be a long dissertation concerning the failed monetary policy of the United States, the theft of private property by Jon Corzine or the redistribution of privately held GM bonds to labor unions. Watch this short video and ask … Continue reading

Posted in Editorial, Financial, Safety and Preparedness | Tagged , , , , , | Comments Off on Why Do You Have Still Have Money in a Bank?

There Go the Banks

We are facing one of two futures: global economic collapse or a world war. Since war would keep the politicians in power who have led us to this point, the latter option seems to be more likely. It is probable … Continue reading

Posted in Civil Unrest, Editorial, Financial, War | Tagged , , | 1 Comment