(03-24-2013, 03:55 PM)Shadow Wrote:
(03-24-2013, 03:49 PM)DaJavoo Wrote: SHADOW: I couldn't find the exact article you were linking to about JPM/MMFs ~ can you repost the link, please? TIA
No article, just a list of Cypriot MMFs
Here's the one of JPM pulling all MMFunds from EU (that is until a month ago)
Double shït. This is clutch-button-grab-ass mode and the news is cranking out too slowly to stay up with it.
Thing is, this is the sparky thing in the ammo dump ~ and the worst part for an orderly shut down is that one is not possible with the woolies being hit in their six pack money.
I mean, inflation and increased taxes have gobbled a third or more since 2008 for most people on the planet that have more than a goat and 2 chickens. The hard money in banks is about to disappear and the woolies will haul what they can out en masse and have it ready to shove into the black markets.
The Euro is not strong enough to withstand it and the IMF is whistling in the graveyard of the EU.
I'm thinking torches and pitchforks would be a good sideline right about now.