Ranting Andy Hoffman joined us for a major Monday Rant. 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. While the accounts above 100k euros are either losing 40 percent or 100 percent of their balances, the protected smalled account holders will not have access to their funds for quite some time to come. Capital controls are firmly in place now.
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