Well, I guess that notion is blowing up faster than Cyprus’s overworked ATM machines:
The euro fell on global markets after Jeroen Dijsselbloem, the Dutch chairman of the eurozone, announced that the heavy losses inflicted on depositors in Cyprus would be the template for future banking crises across Europe.Could never happen here, though, right? No, of course not.
Er, by the way, coming soon from Paco Financial Services (Cayman Islands): Perdurable Asset Caching Offshore. Yes, in these ominous times, we think it wise to consider socking away a significant amount of getus in an IRA, Roth or 401(k) account that provides diversification among a range of assets sure to increase in value: gold, silver, guns, ammo and canned goods. A P.A.C.O. account can help you achieve your retirement goals – and it’s fully compliant with all IRS regulations (no need to look it up; just take our word for it).
Paco Financial Services: Commando investing in a time of economic apocalypse.