Posted Jan 25, 2016 by Martin Armstrong
Advice for Europeans: you should open an account in the United States as your hedge against European banking madness. Europeans can still open accounts in the USA, but Americans cannot open accounts in Europe. This should be the best bet until 2020. Switzerland still has approved bail-ins. Canada is not altogether great either. In Britain, the currency is in a bear market and Cameron has lost his mind. So the best bet, for now, is a U.S. bank account until the cycle reverses probably as we near 2020.