Saving Under a Mattress?
There’s a guy starting a new website to encourage people to pull their money out of banks and save “under a mattress” as a way of stopping inflation. I wouldn’t necessarily recommend literally saving money in your mattress (as that is an obvious place to look for it), but he writes some interesting things about how our banking system works. Worth a read.
No commentsU.S. Banks on the Brink of Collapse?
I’m sorry to be posting more bad news here but we need to be aware and vigilant. I’m not an economist, but I don’t think anyone needs to be to see that something looks terribly wrong on the graphs on this page:
US Banking System Teetering on the Brink of Collapse
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