Click here for the latest blog post from Martin Armstrong dated April 3, 2013 entitled All Government Acknowledge the Cyprus Model for Bank Bailouts Is It.
Groovygirl is posting this one, but there are other good posts at Martin’s website, because this is her focus for the next few months, and possibility beyond.
gg says: It is very clear now what will happen and a time frame. The next global debt collapse and banking system crisis will either happen or impact main street in 2015 (Martin’s date is October 1, 2015). It is coming. It will like 2008, but much worse. They will take your savings this time to try and save the system. And judging from the reaction in Cyprus, they will not announce it beforehand. You must prepare now, if you have not already, and have your financial plan in place before 2015. That is just about 18 months from now.
Update: and the phrase of the day is: Cyprus is a template. Jesse agrees. Click here.