EU Bailout of Cyprus

[StreetScooby 5]

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I'm offended that everyone's misspelling Cypres,

Would you please notify the appropriate authorities and have them correct the error of their ways? I've been spelling it Cyprus all week, and it really annoys me when I misspell words.

Cyprus bail-out: live

We are all engines of karma

[StreetScooby 5]

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And the name of the leader of the "Fed" in Cyprus? Panicos Demetriades.

Whatever his name is, I'm sure he and his cohorts are looking really hard for unlisted addresses those angry Russian guys with guns can't find.

We are all engines of karma

[ryoder 1,590]

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And the name of the leader of the "Fed" in Cyprus? Panicos Demetriades.

Whatever his name is, I'm sure he and his cohorts are looking really hard for unlisted addresses those angry Russian guys with guns can't find.

The Russians may not care. Stories like this are popping up now: http://www.globalresearch.ca/monetary-geopolitics-have-the-russian-oligarchs-withdrawn-all-their-cash-from-cyprus/5328511

"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones.

[StreetScooby 5]

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Stories like this are popping up now: http://www.globalresearch.ca/...-from-cyprus/5328511

Wow, that's worthy of an OMG and LOL all at the same time. The world will eventually realize that fiat money doesn't work.

We are all engines of karma

[Andy9o8 3]

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The world will eventually realize that fiat money doesn't work.

Sure it does. I convert mine into jump tickets all the time.

[rehmwa 2]

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I'm offended that everyone's misspelling Cypres, and shocked that nobody's mentioned Hitler yet.

Hitler had an Argus.

he would

...
Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants

[StreetScooby 5]

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Sure it does. I convert mine into jump tickets all the time.

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Andy9o8

United States

Jumps: 1400
License: D
In sport: 37 years

I'll read that as all of your free time.

We are all engines of karma

[billvon 3,132]

Here you go.

[Andy9o8 3]

Aw, that's excellent.

[lawrocket 3]

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The Russians may not care. Stories like this are popping up now: http://www.globalresearch.ca/...-from-cyprus/5328511

You think it’s an accident? Do you think there weren’t some backroom dealings meant to ensure that there were larger interests that would be protected? I’d be surprised if the Russians didn’t grease the regulators to let them keep a bigger chunk.

My wife is hotter than your wife.

[Andy9o8 3]

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I’d be surprised if the Russians didn’t grease the regulators

The Russians are constantly greasing each other in the UK, so why not grease regulators in CyprEs?

[StreetScooby 5]

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CyprEs?

cy·prus
/ˈsīprəs/
An island country in southeastern Europe, in the eastern Mediterranean Sea, south of the Turkish coast; pop. 775,000; capital, Nicosia.


I am so confused right now. ...

We are all engines of karma

[ShcShc11 0]

On a quick note:
Cyprus technically left the EU currency.

By imposing capital flight limitations (meaning people can't freely take Cyprus money and put it in another European bank nor can they buy other countries' goods with Cypriot EU currency), Cyprus is NOT using the same EU money.

They are using "Cypriot EU" that is pegged 1:1 with the actual EU.

In other words, Cypriot's version of EU currency is FAR more overvalued than the actual EU currency.


Cheers!
Shc

[Bolas 5]

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The Russians may not care. Stories like this are popping up now: http://www.globalresearch.ca/...-from-cyprus/5328511

You think it’s an accident? Do you think there weren’t some backroom dealings meant to ensure that there were larger interests that would be protected? I’d be surprised if the Russians didn’t grease the regulators to let them keep a bigger chunk.

Considering how economically unstable this country has been, I'm sure the majority of the money in the banks left long ago.

Stupidity if left untreated is self-correcting
If ya can't be good, look good, if that fails, make 'em laugh.

[ShcShc11 0]

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The Russians may not care. Stories like this are popping up now: http://www.globalresearch.ca/...-from-cyprus/5328511

You think it’s an accident? Do you think there weren’t some backroom dealings meant to ensure that there were larger interests that would be protected? I’d be surprised if the Russians didn’t grease the regulators to let them keep a bigger chunk.

Considering how economically unstable this country has been, I'm sure the majority of the money in the banks left long ago.

Cyprus was actually a very sound country in the pre-Greece crisis era.

It is now about to enter a Great Depression-like economy unless if they leave the Euro or unpeg their "Cypriot-version" of the Euro

Cheers!
Shc

[Skyrad 0]

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Shocking stuff. There are going to be some very angry Russian guys.

Fuck em!

When an author is too meticulous about his style, you may presume that his mind is frivolous and his content flimsy.
Lucius Annaeus Seneca

[lawrocket 3]

And interestingly, Cyprus isn’t one of those sprawling European socialist economies. Cyprus is about as free-market as you get in Western Europe. The economic downturn just seriously implicated their core economy of tourism and as a trade center.

My wife is hotter than your wife.

[kallend 2,182]

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And interestingly, Cyprus isn’t one of those sprawling European socialist economies. Cyprus is about as free-market as you get in Western Europe. The economic downturn just seriously implicated their core economy of tourism and as a trade center.

Yes, relying on MANIPULATING wealth rather than creating it can come back to bite.

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The only sure way to survive a canopy collision is not to have one.