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http://kulswaminilandmarks.com This website strives to keep the readers stay updated with all the recent updates within the real estate arena. Many of the investors have benefitted themselves by being in regular contact with our frequent newsletters and article releases.
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  • If Cyprus Fails, So Will Your Investments 0 comments
    Mar 27, 2013 3:07 AM

    Read More : http://www.investmentcontrarians.com/stock-market/if-cyprus-fails-so-will-your-investments/1738/

    There is a potential financial crisis brewing in Cyprus, and no one in the U.S. really seems to be that concerned. Just like our out-of-control national debt, sequestration, and growing number of unemployed and poor. Stocks continue to move higher, and it appears as though nothing can stop them.

    There is clearly a financial crisis in the euro zone, which I feel traders in the U.S. have largely pushed aside during the American stock market rally.

    In Cyprus, we all know the government tried to place a tax on all bank deposits in an attempt to raise $7.6 billion in capital as part of the country's bailout deal. The strategy was turned down; so here we have the tiny island of Cyprus in the Mediterranean Sea where the estimated gross domestic product (NYSE:GDP) of $22.45 billion in 2012 (source: International Monetary Fund) would be ranked dead last amongst the U.S. states, finishing behind Wyoming with just over $25.0 billion in GDP in 2011 (source: U.S. Department of Commerce).

    Next financial crisis

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