kidmercury

Well, we know there are lots of money problems in the world -- that's been the case for a long time, but was made painfully obvious after the panic of 2008. But today I found even more shocking news than usual:

Prominent Investor: Pound Could Collapse Within Weeks. Euro and US dollar are not far off.

Citibank Controversy Puts Dubious FDIC Guarantee Back In The Spotlight. Citibank asserting its right to place a 7 day suspension of all withdrawals from checking accounts in the US. If a run on the dollar occurs, banks may do this as a way of preserving the dollar's value (what will really happen is that everyone else gets to run out and those who can't get their money out of the bank will be left holding the worthless money).

If Your Bank Doesn't Like Your Startup's Blog, They May Freeze Your Funds. WTF?????

Capital Flight Out of Greece. Will there be capital restrictions put on Greece, and getting money out of Greek banks if this continues? The Euro is showing its weakness here, big time.

But hey, don't let the bad news get you down. Because while these problems are big, they are no match for the strength of The Business Plan That Saves the World.So fear not, victory is our destiny.