Tuesday, June 25, 2013

Some hard numbers on the Western banking system

Bottom line, it matters where you hold your savings. Balance sheet fundamentals are critical. And moving your hard-earned savings to a well-capitalized, highly liquid bank is one of those things that makes sense, no matter what. If nothing happens, you won't be worse off for it. Yet if the confidence game collapses, you'll be one of the few left standing with your savings intact.