Tag Archives: Bank Holiday

Cyprus banks won’t open before Tuesday at earliest

Posted on March 21, 2013 by David

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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Cyprus Bank Holiday Extended to Thursday

Posted on March 18, 2013 by David

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 →

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Ireland is the Next Cyprus

Posted on March 18, 2013 by LT

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 →

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

Posted on March 16, 2013 by David

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 →

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

Posted on June 17, 2012 by David

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 →

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Bank Holiday Reported – In Italy

Posted on June 10, 2012 by David

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 →

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Why Do You Have Still Have Money in a Bank?

Posted on January 21, 2012 by David

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 →

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There Go the Banks

Posted on January 6, 2012 by David

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