Money Watch

Prison Planet.com | Alex welcomes American economist and renowned columnist Paul Craig Roberts to examine the Cyprus bank crisis situation and America’s own crumbling economy.

Mac Slavo | Ben Bernanke assuaged fears of a potential government confiscation of depositor holdings in America by suggesting that such an event is “unlikely” to take place.

Daily Mail | Anastasiades ‘warned’ close friends of the financial crisis about to engulf his country.

Zero Hedge | Last November, in an act of sheer monetary desperation, the ECB issued an exhaustive, and quite ridiculous, pamphlet titled “Virtual Currency Schemes” in which it mocked and warned about the “ponziness” of such electronic currencies as BitCoin.

Zero Hedge | ECB has decided that, due to the “great danger” of a bank run once they reopen next week, it will enforce capital controls independently of Cypriot (elected) officials.

Zero Hedge | The question of whether such an event could happen in the U.S. is a much more interesting point of discussion.

Zero Hedge | Amid rolling rumors and ECB threats, it appears the people from Cyprus have reached a tipping point

Zero Hedge | So far the market has been largely oblivious of the shattered trust and changed dynamic in European banking dynamics for one simple reason: Cyprus banks have been closed.

Zero Hedge | Something extreme is happening in Europe.

Mac Slavo | Gregory Mannarino explains the devastating impact of America’s debt based economic model – and what the final outcome of trillion dollar deficits will be.

Economic Collapse | Why is the global economy in so much trouble?

Business Insider | In an interview with Charlie Rose last week, GMO’s Jeremy Grantham reminded us that civilizations have historically collapsed after around 250 years.

Business Insider | All eyes are on Cyprus right now, a tiny island in the Mediterranean, that is destined to become the modern-day version of the 1930s Great Depression.

Zero Hedge | Spain, it would appear, has changed constitutional rules to enable a so-called ‘moderate’ levy on deposits – as under previous Spanish law this was prohibited.

Mike Adams | Financial terrorism.

BBC News | An RAF plane carrying 1m euros is flying to Cyprus from Britain as a contingency measure to provide military personnel with emergency loans, the Ministry of Defence says.

BBC News | The Cyprus finance ministry suggests savers holding less than 20,000 euros (£17,000) would be exempt from a bank levy which has caused much alarm.

Business Insider | The initial “Plan A” of the Cyprus bailout was simple.

Business Insider | In an editorial signed by The Editors, Bloomberg View thrashes the Cyprus bailout, and its element of confiscating a chunk of everyone’s bank deposits in order to bail out the banks.

Zero Hedge | Reuters headlines crossing the closing tape.

Zero Hedge | There is a much bigger threat from Russia that has not been discussed.

Kurt Nimmo | Investors once again flock to the dependable safe haven of gold.

Zero Hedge | 73% Cypriots believe that President Anastasiadis and the Cypriot delegation “failed to secure a good deal.”

Zero Hedge | It seems the European Union have decided that the route to crisis stabilization, just as we outlined here over a year ago and updated here, is through a wealth tax.

Washington’s Blog | Big Banks Destroy Real American Style Capitalism.

Prison Planet.com | Alex breaks down an unprecedented plan by the IMF and the EU to raid the bank accounts of Cypriots in order to pay for a bankster arranged bailout of the Mediterranean island nation.

Zero Hedge | Who Is Next?

Business Insider | “I can only think of one figure that is respected by most Europeans and has never sinned, Jesus!” said Hafeez.

CNSNews.com | The Obama administration envisions a “low-carbon, low-petroleum” future where Americans tele-work, tele-shop, walk, bike and use carpools.

Zero Hedge | Biggest seasonal drop ever in China electricity production and worst YoY drop since the crash in 2009…

Bill Savadove | Thousands of dead pigs in a Shanghai river have cast a spotlight on China’s poorly regulated farm production

Washington’s Blog | You Won’t Believe What They’ve Done …

Prison Planet.com | Alex Jones talks gold with Ted Anderson.

Washington’sBlog | The “Fix” Is In?

Reuters | Chávez’s unusual choice to keep so much of his country’s foreign reserves in gold has paid well.

Simon Black | Several hundred miles east of Kinshasa in the Democratic Republic of Congo, the mighty Kasai river forms the boundary between two little known tribes of central Africa– the Bushong and the Lele.

Washington’sBlog | Government to Spy On Everyone Who Banks In the U.S.

Zero Hedge | Italy is “already de facto” outside the euro and runs the risk of being “dropped” by the region’s wealthiest members as soon as their banks recoup what they invested in the nation’s bonds.

Zero Hedge | While we are used to seeing insta-crashes in our highly-regulated and trustworthy equity markets, the unregulated digital world of Bitcoins suffered another flash-crash last night. 

Washington’sBlog | Trillions In Subsidies to the Giant Banks Are Continuing to This Day.

Bullion Vault | Loose monetary policy has weakened, not strengthened, the US economy…

Zero Hedge | Record Dow Jones, record US debt ($16,701,846,937,879.74), and now, once more, record number of Americans on foodstamps.

Zero Hedge | Oil? Financials? Aerospace? When someone asks who the biggest sources of lobby dollars for DC’s politicians-for-purchase are, these are the three usual suspects that come to mind.

Lew Rockwell Blog | Henry Hazlitt absolutely was correct when he wrote in Economics in One Lesson that every generation must learn anew the harsh lessons of seeking the inflation “cure.”

AFP | U.S. companies are keeping more of their profits offshore, choosing overseas tax havens amid talk in Washington about closing corporate tax loopholes, The Wall Street Journal reported Monday.

Zero Hedge | Incredible Video: Beppe Grillo Dissects the Financial System… in 1998

Paul Craig Roberts | According to the Bureau of Labor Statistics, the US economy created 236,000 new jobs in February. If you believe that, I have a bridge in Brooklyn that I’ll let you have at a good price.

Zero Hedge | Jim Rogers decries the growing uncertainty and recklessness of global central planners as the world enters unchartered financial markets.

Prison Planet.com | Tom Woods is a libertarian historian, economist, political analyst, and New York Times-bestselling author.

Zero Hedge | US debt is the asset that allows the Fed to engage in monetization and as a result, hand over trillions in fungible reserves to banks… mostly foreign banks.