(OrganicPrepper) – How often do you hear people talk about how they would live their dreams if they only had a bit more money? People always dream about moving to a remote area or about staying home with the kids or about relocating to the bug out location, but often feel that these things are financially unreachable. Do you do this yourself? Read the rest of this entry »
(SLHS) – One of the most important ingredients needed for democracy to function is belief. The belief in freedom, the belief in hard work, and the belief in justice are key cultural values that are reinforced through the usage of symbols, mythology, and what was called in more honest times, propaganda. Read the rest of this entry »
(Infowars) – Following the criminal plot by the IMF, the EU and the European Central Bank to steal billions from depositors in Cyprus, the banksters have hatched a new plan to steal trillions, level the economic playing field and force millions into grinding poverty. Read the rest of this entry »
(AP) – In what may mark the beginning of a historic shift, Australia appears ready to bypass the U.S. dollar as the world’s reserve currency and allow for the direct convertibility of the Australian dollar into the Chinese yuan. Read the rest of this entry »
(HuffPost) – A college degree doesn’t guarantee anyone a big paycheck anymore.
About 284,000 Americans with college degrees were working minimum wage jobs last year, according to the Wall Street Journal. That’s 70 percent more college grads working for the minimum wage than 10 years ago. Still, the number is down from its 2010 high of 327,000. Read the rest of this entry »
(Youtube) – Datum Line will focus, not so much on the: who, what, when and where of Americas demise – but on the why and how (cause and effect). From these elements we can determine a course (national and personal) that leads away from certain future destruction. Central to our focus will be economics – a subject affecting everyone, but understood by virtually no one. This is not an accident. Read the rest of this entry »
(NaturalNews) – I’d like to share a lesson in economics today, and I call it the “Production, Coercion and Theft” lesson.
There are only three ways to accumulate money and wealth in world (other than stumbling across a hidden treasure and actually finding money, that is): Read the rest of this entry »
See Also: (MarketWatch) – 2011 – BRICS make move to shove dollar aside – Read More Here
Also: (Guardian) – The Brics are building a challenge to western economic supremacy – Read More Here
Also: (AllAfrica) – The BRICS Call for Their Own Development Bank – Read More Here
Also: (Aljazeera) – BRICS reach deal over development bank – Read More Here
(VeteransToday) – There’s a New kid on the block and his name is BRIC. Not Rick, but BRIC (1).
Yes, it looks like it could be a permanent good-bye to the City of London Bankster’s worldwide web-of-debt, a system using the hijacked US Petro Dollar as the world’s exchange medium. Read the rest of this entry »
See Also: (WesternJournalism) – Intelligence Insider: Obama Administration Agenda To “kill U.S Dollar” – Read More Here
(DailySheeple) – The U.S Dollar is quickly losing its status as the world reserve currency. Five of the top ten economies in the world, plus a few others, no longer use the dollar as an intermediary currency for trade. This trend poses a huge risk to the dollar and the United States along with it. Read the rest of this entry »
See Also: (EndTimesHeadlines) – China and Australia Agree To Stop Using U.S Dollar – Read More Here
(CNBC) – April 1st, 2013 – CEO of Euro Pacific Capital Peter Schiff’s latest gold call. As gold posts its first back-to-back quarterly losses since 2001, is the metal ready for a comeback? With CNBC’s Jackie DeAngelis and the Futures Now Traders, Rich Ilczyszyn at the CME and Anthony Grisanti at the Nymex Read the rest of this entry »
(AJC) – Cyprus, The Canary in The Mine. Gerald Celente discusses the looting of Cypriot bank accounts, and what the future holds for Italy, which may be the next nation to be similarly plundered by the EU and IMF. Read the rest of this entry »
The real targets of the “haircut” are businesses, entrepreneurs and the middle class
(PaulWatson) – News that the Cypriot President’s family moved 21 million euros to London days before the bank accounts of his people were looted as part of the bailout deal serves as another reminder that while the media portrays the victims of the Cyprus “haircut” as the mega rich and wealthy Russian oligarchs, the real victims are middle class families and small business owners. Read the rest of this entry »
(GlobalResearch) – Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few Eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the US Federal Deposit Insurance Corporation and the Bank of England dated December 10, 2012, shows that these plans have been long in the making; that they originated with the G20 Financial Stability Board in Basel, Switzerland (discussed earlier here); and that the result will be to deliver clear title to the banks of depositor funds. Read the rest of this entry »
(AJC) – While savings accounts containing under €100,000 will remain untouched, those who have scrimped and saved all their lives to amass a relatively modest sum of anything over that amount face a “haircut” amounting to almost half of their wealth. Read the rest of this entry »
(HuffPost) – A judge on Friday dismissed a “substantial portion” of claims facing a number of banks in a barrage of lawsuits accusing them of interest-rate rigging. Read the rest of this entry »
See Also: (DailyMail) – Get ready for the supercomputer that can predict the future (even the next recession) as EU prepares £900m funding – Read More Here
(WashPost) – One of the hottest trend stories in recent years has been the idea that U.S. manufacturing is on the verge of a large, permanent comeback. Labor costs in China are rising, while U.S. energy costs are dropping. So, the logic goes, companies will return home. Charles Fishman dubbed it “The Insourcing Boom.”Read the rest of this entry »
(FreeDomain) – March 27th, 2013 – Stefan Molyneux, Host of Freedomain Radio, talks with Doug Owen of Blacklisted Radio about the failures of the euro, the end of fiat currency, and the dead-end of no more war. Read the rest of this entry »
(EconomicCollapse) – The politicians of the western world are coming after your bank accounts. In fact, Cyprus-style “bail-ins” are actually proposed in the new Canadian government budget. When I first heard about this I was quite skeptical, so I went and looked it up for myself. And guess what? It is right there in black and white on pages 144 and 145 of “Economic Action Plan 2013″ which the Harper government has already submitted to the House of Commons. This new budget actually proposes “to implement a ‘bail-in’ regime for systemically important banks” in Canada. Read the rest of this entry »
The most of circulating assets on our business Current Account are blocked.
Over 700k of expropriated money will be used to repay country’s debt. Probably we will get back about 20% of this amount in 6-7 years.
I’m not Russian oligarch, but just European medium size IT business. Thousands of other companies around Cyprus have the same situation.
The business is definitely ruined, all Cypriot workers to be fired.
We are moving to small Caribbean country where authorities have more respect to people’s assets. Also we are thinking about using Bitcoin to pay wages and for payments between our partners.
(GlobalResearch) – Reports on the premature death of the BRICS (Brazil, Russia, India, China and South Africa) have been greatly exaggerated. Western corporate media is flooded with such nonsense, perpetrated in this particular case by the head of Morgan Stanley Investment Management. Read the rest of this entry »
(CambridgeHouse) – The Dollar Vigilante’s Jeff Berwick is back chatting about a myriad of economic and stock market-related issues with Cambridge House Live’s anchor, Bridgitte Anderson. Taped at Cambridge House International’s Vancouver Resource Investment Conference. Read the rest of this entry »
(FoxNews) – Following an interview on Fox Business during which I discussed the situation in Cyprus and the potential broader implications of the crisis, Lou Dobbs, apparently now more optimistic about the U.S. economy, was very dismissive of my comments. But instead of just countering my arguments, he also impugned my character. Read the rest of this entry »
(Celente) – Gerald Celente discusses Cyprus, government confiscation in America, and how to take your freedom back. He holds nothing back as he bashes Too Big to Fail, thieving politicians, and more. Read the rest of this entry »
(PaulWatson) – The looting of private bank accounts to cover the gambling losses of big banks is a new template for the euro zone, according to Dutch Finance Minister and President of the Eurogroup of euro zone finance ministers Jeroen Dijsselbloem. Read the rest of this entry »
(ZeroHedge) – Yesterday, we first reported on something very disturbing (at least to Cyprus’ citizens): despite the closed banks (which will mostly reopen tomorrow, while the two biggest soon to be liquidatedbanks Laiki and BoC will be shuttered until Thursday) and the capital controls, the local financial system has been leaking cash. Lots and lots of cash. Read the rest of this entry »
(BloombergNews) – The biggest emerging markets are uniting to tackle under-development and currency volatility with plans to set up institutions that encroach on the roles of the World Bank and International Monetary Fund. Read the rest of this entry »
(BusinessInsider) – As expected, Cyprus and the EU reached a new late-night bailout deal last night that will reduce the chance that Cyprus’s financial system and economy will completely implode.
(EconomicCollapse) – If you still have money in European banks, you need to get it out. This is particularly true if you have money in southern European banks. As I write this, the final details of the Cyprus bailout are being worked out, but one thing has become abundantly clear: at least some depositors are going to lose a substantial amount of money. Read the rest of this entry »
(PaulWatson) – The deal to “save” Cyprus which, according to Cypriot President Anastasiades was struck “in the the best interests of the EU,” will inflict “huge losses on wealthy savers” of up to 40% of their bank deposits. Read the rest of this entry »
(OrganicPrepper) – Breaking up is hard to do, especially when it is with a tracking service like a financial institution. Read the rest of this entry »
(DailyBell) – National planning Cyprus-style solution for New Zealand …The National Government are pushing a Cyprus-style solution to bank failure in New Zealand which will see small depositors lose some of their savings to fund big bank bailouts, the Green Party said today. Read the rest of this entry »
(RussiaToday) – Chancellor Angela Merkel is now warning Cyprus, quote ‘not to test the boundaries of the Troika’s patience’. That is after one avenue of rescue, a deal with Russia, all but evaporates. Nicosia and Moscow failed to agree on a rescue plan, after intense negotiations in the Russian capital. Read the rest of this entry »
See Also: (DailyBell) – New Zealand ‘Plans to Seize Bank Accounts’ Cyprus-Style – Read More Here
(BeforeItsNews) – Gentlemen:Just received a call from a highly agitated bank manager who stated that within 60 days, banks will be greatly reducing their hours, days of operation, amount of withdrawals and a requirement to fill out “paperwork” if the amount is questioned by bank officials. Read the rest of this entry »
(EconomicCollapse) – 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 are officially closed until Tuesday at the earliest, but there have been long lines at ATMs all over Cyprus as people scramble to get whatever money they can out of the banks. Read the rest of this entry »
