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Economics and Investing:

Tsipras Betrays Referendum, Sells Out to the Banks [1] – H.L.

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China Stocks and the New York Stock Exchange Shutdown: The Untold Story [2] – H.L.

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It’s Not If But When the Government Seizes Private Retirement Savings [3] – B.B.

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Brief interview w/Paul Craig Roberts [4]. This is the best analysis of the E.U./Greek crisis you’ll hear. Why can’t a few more people step forward and frame this thing as plainly as P.C.R.? The whole interview is a grand slam homer, but if you can only listen for five minutes, minute 12 to minute 17 draw the picture well enough. -D.W.

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SurvivalBlog reader G.H. prepared a spreadsheet [5] of bank closings since 2001. It’s quite an eye opener, as you can see from the summary here.

Year

Bank Failures

Link

President

2015

?

source [6]

Obama

2014

18

source [7]

Obama

2013

24

source [8]

Obama

2012

51

source [9]

Obama

2011

92

source [10]

Obama

2010

157

source [11]

Obama

2009

140

source [12]

Obama

2008

25

source [13]

Bush

2007

3

source [14]

Bush

2006

0

source [15]

Bush

2005

0

source [16]

Bush

2004

4

source [17]

Bush

2003

3

source [18]

Bush

2002

11

source [19]

Bush

2001

4

source [20]

Bush