Andy Hoffman joined the Financial Survival Network for another Monday podcast. Cyprus is headed down a major rat hole and the rest of Europe ain’t far behind. The French banks are being decimated in the market. Putin is extremely angry and the Euro is down big time against the buck. So we’re wondering does the buck stop here? Whether you care about Europe or not, you had better care about your savings and your bank account.
This interview was hosted by Financial Survival Network.
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Reading that Canada is actively passing law to “bail-in” depositors Cyprus style this April 2013. First saw it on Ed Steer Gold report. Now in papers. How do we know it hasn’t already happened elsewhere?
That’s the scary thing – we DON’T!
But safe to say, if it’s NOT in your country’s “Constitution,” it likely will soon.
Andy