Cyprus Capital Restrictions Detailed

http://www.telegraph.co.uk/finance/financialcrisis/9958595/Cyprus-imposes-capital-controls-the-measures.html

4D Record

As a bookmark, please note the call for the next 5 years "liquidate all assets buy metals" 3/13/13

Greece is Fixed, again

http://www.guardian.co.uk/world/2013/mar/11/yannis-stournaras-greece

Argentine Inflation = Hot Money

Nothing like pegging your currency to a nation with very low inflation...like the US for example.

http://modernmoney.wordpress.com/2011/01/31/argentina-inflation-due-to-pegged%C2%A0currency/

and that leads to......

http://www.zerohedge.com/news/2013-02-04/argentina-freezes-supermarket-prices-halt-soaring-inflation-chaos-follow

Debt to GDP

Interesting article about historical growth rates for nations based on size (market cycle) and Debt/GDP ratios, and inflationary averages.

GROWTH IN A TIME OF DEBT
http://www.nber.org/papers/w15639.pdf?new_window=1
by
Carmen M. Reinhart
Kenneth S. Rogoff


Notes"
http://www.treasury.gov/resource-center/data-chart-center/tic/Documents/mfh.txt

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES (does not include private investors)

FHDebt/GDP Ratio grew 7.5% YoY to 40.49% in October of 2012

http://www.treasurydirect.gov/NP/BPDLogin?application=np
DEBT HELD BY THE PUBLIC
PDebt/GDP Ratio grew 7.7% YoY to 82.8% in October 2012

With the contraction in 4Q 2012 of .1%, and a slight underestimation of the deflator, it's likely PH/GDP is above 85%.  
If CPI is allowed substituted for the deflator it's quite likely the ratio is over 90% on 1/1/2013, we'll just have to wait on the releases to find out.

Credit Supernova! by Bill Gross

http://www.pimco.com/EN/Insights/Pages/Credit-Supernova.aspx#.UQp3KOIdHWo.twitter

Greek Newz

In Greece, purchases of more than 500 bucks must be transacted via credit card to ensure proper tax collections....that's if you have the money.
Seizing bank accounts without due process:
http://www.imerisia.gr/article.asp?catid=26516&subid=2&pubid=112986874


In other news, the bankers confess they hosed the people of Greece???
Confessions of the IMF:
http://www.imerisia.gr/article.asp?catid=26516&subid=2&pubid=112987058