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Economics and Investing
2013/03/economics-and-investing-1472.html

Ryan warns of financial collapse over debt, urges Congress to avert ‘moral failure’ (http://www.foxnews.com/politics/2013/03/15/ryan-warns-financial-collapse-over-debt-urges-congress-to-avert-moral-failure/?test=latestnews#ixzz2NdmfPC8i)


Cypriot bank customers get fleeced: Europe Announces Stunning Bailout For Cyprus — Bank Depositors To Get Instant 10% Tax Before Banks Reopen This Week (http://www.businessinsider.com/cyprus-bailout-deal-2013-3). (Beware, this could happen in other countries–even our own! Thanks to Andre D. and the other readers that sent this link.)


And, inevitably, we read: Cash machines emptied across Cyprus after savers learn 10 billion euro bailout agreement includes levy on all bank accounts. (http://www.dailymail.co.uk/news/article-2294388/ATMs-emptied-Cyprus-savers-learn-10billion-euro-bailout-agreement-includes-levy-bank-accounts.html) (Thanks to Tim R. for the link.)


Items from The Economatrix:

Housing Foreclosures Start To “Flare Up” Again (http://finance.yahoo.com/news/housing-foreclosures-start-flare-again-163355645.html)


Private Equity Crash Could Trigger Next Wave Of Financial Crisis, Bank Warns (http://www.guardian.co.uk/business/2013/mar/14/private-equity-financial-crisis-bank-of-england)


China Just Sounded The Warning Bell For What's Coming Our Way (http://www.zerohedge.com/contributed/2013-03-14/china-just-sounded-warning-bell-what’s-coming-our-way)

economics-and-investing-1472.html

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economics_investing.txt · Last modified: 2019/12/01 03:00 (external edit)