After Cyprus’s financial crisis last year, its Greece’s turn this time. Read the following news: Greek PM: banks to remain closed, capital controls to be introduce.
Again, fiat(paper) currencies always fail. Time to consider taking YOUR MONEY OUT of the Canadian banking system now, leaving only funds sufficient for paying bills and daily transactions. What happens to Cyprus and Greece (and many countries in history) can happen here in Canada.
It would be wise to convert your paper money into tangible assets where you can touch them:Â land, precious metal, food, etc…Â Time is running out.