Here it comes!
It looks like here in Cyprus my preps might have to be used.
BBC News - Cyprus bailout: Parliament postpones debate
All the bank accounts here have been frozen we can't get money from the ATMs they as shut down and cards are being refused at shops.
Here it comes, people! Wake up and listen to the alarm that has just sounded....
For those of you who have been waiting on "a sign that the SHTF" pay heed here.
This could be a prototype of what the government and banks plan to do worldwide (note that the [American-created & funded] IMF is involved, as well as the EU).
The bank levy (a nice word for an overnight secretly imposed tax on everyone's bank accounts
- while denying you access to your own money
), if approved, will result in you being compensated in shares of the bank which takes your money on the government's behalf.
Translation: Your cash will be taken, and you will be handed a share of stock certificate(s) - so you are left owning stock in a bank that is about to go bankrupt.
In a bankruptcy, the shareholders get wiped out. So your piece of paper (your "bank stock certificate") is a worthless piece of paper, if the banks go under
I think the stock markets worldwide may be watching this to gauge reaction - if shares start to fall rapidly, make whatever move you think you have to make.