Vladmir Putin and Russia knows what's happening. His advice is to get your money out of all Western owned banks immediately.
http://worldtruth.tv/russian-leader-warns-get-all-money-out-of-western-banks-now/

Arjay, you must really try to get a grip on yourself and do not believe everything you
read on the internet.
Want a clue as to whether that truth TV web site is dodgy ?
Did you notice the advert for the handheld device for testing if fruit is genetically
modified ?
Now such a thing is impossible and if they would let someone advertise that on their
web site shows their standards, anything goes.

Can you show me a ordinary news web site that reports the ultimatum to the Cypriot government ?
That I could believe but not from that website.
I believe it is one of your far out weirdos .

Your belief in these way outs is affecting your credibility.
It is a pity because some of the things you bring up are real but no one knows which
to believe, it is such a jumble.

No Arjay, you're not a nutty conspirator, you're a conspiracy nut. A nutty conspirator would actually be part of a conspiracy, whereas you're just spreading implausible rumours about conspiracies.

I'm not saying a few extremely wealthy and powerful people would not get together and have a plan for their mutual benefit. What I'm saying is that we wouldn't have the situation where the governments of most democratic countries would assist those wealthy and powerful people to keep it secret for more than half a century!

"Neither of you(Aidan and Clueless) have addressed inflation being created as debt by our private banksters. The growth is also created as debt to equal increases in productivity"
You're writing is so incoherent that any attempt to explain it requires me to guess what you mean!

"OK you two bimbos"
Is it my criticism of your sources, my refutation of your arguments or just my disagreement with you that makes you regard me as a bimbo?

"try and explain how it is good to have human productivity and inflationary money being expressed as debt by private banks."
Productivity has a deflationary effect – no matter how rich people were, they couldn't have bought anything with the functionality of an iPad in the 1980s. An economy dominated by deflation is a bad thing; it's generally recognised that a small amount of inflation is good for the economy because it motivates people to do something useful with their money and avoids the industrial relations problems that people being forced to take pay cuts would bring. Loaning money into existence is a good way to increase the money supply because it gets the money to those who have the best chance of using it profitably.

"You can't and won't."
You're claiming clairvoyance now?

Bazz here is the same info from the EU times. No I don't believe every thing on the internet and certainly believe little on MSM.

The CEC is a reliable source. So is Paul Craig Roberts, Gerald Celente, Peter Schiff who advertises here, Max Keiser, Greg Hunter from USA Watchdog etc.

http://www.eutimes.net/2013/03/russian-leader-warns-get-all-money-out-of-western-banks-now/

Here is Aidan's lame attempt. He does not even address the question but goes off on a tangent on deflation. It is the banking system which creates inflation and inflation is the excess money above growth which depreciates our currencies and spending power. So first we lose out on currency depreciation. Then we have to repay the principal of that debt and lastly the interest on money that should be ours in the first place. Cognitive dissonance Aidan ?

My question.
try and explain how it is good to have human productivity and inflationary money being expressed as debt by private banks."

Aidan's answer;
Productivity has a deflationary effect – no matter how rich people were, they couldn't have bought anything with the functionality of an iPad in the 1980s. An economy dominated by deflation is a bad thing; it's generally recognised that a small amount of inflation is good for the economy because it motivates people to do something useful with their money and avoids the industrial relations problems that people being forced to take pay cuts would bring. Loaning money into existence is a good way to increase the money supply because it gets the money to those who have the best chance of using it profitably.

Loaning money into existence as debt with too much inflation due to QE, makes the debt far bigger than any growth prospects.We have a system failure. If you cannot see that Aidan then there is no hope for you.

The only answers you and Pericles have is ad hominem and no substance.

Arjay,
Had a look at the Aout link on the EU Times and found out nothing about it.
One thing that made me raise my eyebrows, there is a sidebar link with this wording;

US fleet flees in terror as Russian fleet nears Australia !

Really ? Do you really think two Russian warships would cause that ?
Is that the measure of EU Times ?
And that is on page one !

Look, Putin would say that, the Ruble is heading for the basement, the Russian economy
is becoming a basket case, but it can cause problems on a larger scale if Russia does
not stop pretending to be the Soviet Union.

I think a major problem is being generated by the pixel money and borrowings.
In that you are right, because the cost of energy is making growth impossible but the
dopey politicians are too pig headed to listen to what they are being told.
The economists are puzzled as to why both austerity and "Quantity Easing" have failed.

The answer is here;
If anyone thinks that growth can continue indefinitely in a finite world then he is
either a madman or an economist !