Thursday, February 16, 2017

Greek Bank Runs Begin Again, Bankers Go On Alert

 The people of Greece are nervous and they are making a run on the banking system to get their currency out of the banks. The unemployment rate in France has gone nowhere since 2013. Initial jobless claims moved up modestly. Student loan petition has been put up on the White House site to allow students to declare bankruptcy. Housing starts disappoint. FHA mortgage delinquencies are on the rise, if this continues it will be 2008 all over again. Big money is about to purchase gold, they say it is undervalued





















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