Regulators Prepare for Run on Cypriot Banks; Two Largest Banks Remain Shut, Others Open Tomorrow
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Another "Euro Is Saved" Moment in Pictures Posted by Michael Shedlock at 11:25 AM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy.
Bad Bank Losses 30-90%; Food Supplies Down to Two Days; Plenty of Fuel, Not enough Cash Capital controls and a good-bank, bad-bank structure is what is now on the table.
More: "The Positive Impact of the Declining Yen Has Yet to be Seen"