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Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES

 
Anonymous Coward
User ID: 35985543
Germany
03/17/2013 03:45 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
British deposits in Cyprus est. £1.7bn (lose approx £170m), Russian deposits est. $18.2bn (lose approx $2bn)
Anonymous Coward
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United Kingdom
03/17/2013 03:47 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Euro are scums, they could not take any ,ore moneys from greedy rich greeks, so they took moneys out of other banks they think are too weak to fight back.

Instead the Antichrist is in charge of Euro.
An Ordinary Greek
User ID: 36232885
Greece
03/17/2013 03:48 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
CyBC reports #ECB representative has arrived at Cyprus pres.residence to apply pressure on MPs to vote on #EUCO decisions TODAY ASAP

[link to twitter.com (secure)]

siren2

Aaaaand... it's gone!
Anonymous Coward
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Germany
03/17/2013 03:49 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
taking away 2 bn from russian oligarchs...annnnnnd tomorrow...oil and gas prices from russia will double as response!

I*D*I*O*T*S!
Anonymous Coward
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United States
03/17/2013 03:51 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
HAve you noticed that NO BANKERS in the USA went to jail.

So... WDC is in the mix of these BIG BANKING MONEY... and now... OBama is NOT ACCESSABLE unless you BUY YOUR WAY INTO THE WH.
Anonymous Coward
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Germany
03/17/2013 03:52 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
warning of total financial collapse and euro exit if there is no deal [link to t.co]
Anonymous Coward
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United States
03/17/2013 03:53 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
and SEIZED in the USA... when it happens here.

PREVIEWS of our furuter.... right now.... WATCH..

"If bank deposits can be seized in Cyprus they can be seized in other EU countries as well" [link to t.co]
 Quoting: Anonymous Coward 35985543
Anonymous Coward
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United States
03/17/2013 03:54 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Mondays markets should be interesting.
 Quoting: Anonymous Coward 31002285


I predict the markets here in America will soar to new record highs!
Anonymous Coward
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03/17/2013 03:55 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
We are witnessing the BEGINNING of the FALL From GRACE of ALL counrtires... it will happen one by one.... get the popcorn.popcorn
An Ordinary Greek
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Greece
03/17/2013 03:55 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Russian State TV reports that German Secret Services found over €25 billion belonging to people with Russian origin.

[link to twitter.com (secure)]

Of which 12-13 BILLION flew away the previous weeks...
Anonymous Coward
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Germany
03/17/2013 03:55 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
warning of total financial collapse and euro exit if there is no deal [link to t.co]
 Quoting: Anonymous Coward 35985543


has anyone ever asked himself what russias role is?
i mean they steal 2 bn from russia.
isnt that an hostile act?
mabe russia gave green light for this operation wanting to help the eu?
yaba

User ID: 35032629
United Kingdom
03/17/2013 04:05 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
warning of total financial collapse and euro exit if there is no deal [link to t.co]
 Quoting: Anonymous Coward 35985543


has anyone ever asked himself what russias role is?
i mean they steal 2 bn from russia.
isnt that an hostile act?
mabe russia gave green light for this operation wanting to help the eu?
 Quoting: Anonymous Coward 35985543



Jim Sinclair is saying that the russians will seek revenge in the gold market so as to blow the western banks up who have massive naked shorts in the gold and silver market.
watch gold closely
every cloud has a silbver lining and in this c ase literally

pity the cypriots have to be sacrificed to get gold and silver up though

evryone needs to question this

why is it BOND AND SHAREHOLDERS ALWAYS get bai;led out

THEY should have been the ones weith the haircut
of course that belongs to the western banking mafia

cannot see them take a loss can we
Anonymous Coward
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Germany
03/17/2013 04:12 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Why today’s Cyprus bailout could be the start of the next financial crisis

[link to www.washingtonpost.com]
Shoegazer

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Norway
03/17/2013 04:16 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Cyprus has been a kind of a tax haven in europe, many people have established a citizenship there so they could have a bank account, and do business from the island. Norways richest man "lives" there.

And half of Cyprus' bank accounts belong to russians not even living there.

EU and IMF gave Cyprus an ultimatum, we will save your banks, with crisis loans, but only if you pay us back with money from the bank customers.

The philosophy being; why should we use our money on you, when you have so many wealthy customers benefitting from your low low taxes. You will all have to sacrifice.

I think EU got rid of a boil of a loophole businessmen, russians and criminals used to get low taxes.

This is interesting in so many ways.

This could potientially hurt the middle class in southern europe, if it spreads, or if the same utlimatum is given the other countries.
Oslo, Norway, a survivor and his cat.
Anonymous Coward
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Germany
03/17/2013 04:17 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
we should gerenral strike all over europe until companies stop using e cash methods!
Anonymous Coward
User ID: 913721
Netherlands
03/17/2013 04:17 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Don't forget to read this thread :

[link to godlikeproductions.com]
yaba

User ID: 35032629
United Kingdom
03/17/2013 04:18 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
what should happen now is a genral strike and refusal to pay taxes until the haircuts are put on bond and shareholders not depositors.

THAT is capitalism

what has just happened is fascism
Anonymous Coward
User ID: 13263525
Indonesia
03/17/2013 04:18 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
Anonymous Coward
User ID: 35985543
Germany
03/17/2013 04:20 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Cyprus has been a kind of a tax haven in europe, many people have established a citizenship there so they could have a bank account, and do business from the island. Norways richest man "lives" there.

And half of Cyprus' bank accounts belong to russians not even living there.

EU and IMF gave Cyprus an ultimatum, we will save your banks, with crisis loans, but only if you pay us back with money from the bank customers.

The philosophy being; why should we use our money on you, when you have so many wealthy customers benefitting from your low low taxes. You will all have to sacrifice.

I think EU got rid of a boil of a loophole businessmen, russians and criminals used to get low taxes.

This is interesting in so many ways.

This could potientially hurt the middle class in southern europe, if it spreads, or if the same utlimatum is given the other countries.
 Quoting: Shoegazer


this issue could easily be solved by using the same tax rates in entire europe.
Anonymous Coward
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03/17/2013 04:22 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
 Quoting: Anonymous Coward 13263525


Not a chance!
Anonymous Coward
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Hungary
03/17/2013 04:22 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
oh wonderful. the mighty EU in the last few years is always trying to teach us here democracy, always saying we're losing democratic values in Hungary, the country is turning into a dictatorship etc etc. and now this same EU basically gives out an order to Cyprus to do these haircuts on bank accounts.
Seriously? this EU is trying to teach us about democracy? yea, because the agreement of EU leaders and the government of Cyprus with the banks there, over the money of people is very democratic.
how will the banks actually do the paperwork for all of this? do banking contracts allow for them to just take away all this money without prior notice? what kind of contract is that then?
and while Cyprus is well known for being a hub for money launderers and off-shore companies, chances are that the biggest of those had a heads-up warning, and took their money out before it was too late. and even those who didn't, will take all their money out of Europe now for sure, to Indonesia, Singapore, Caribbean, etc. well done EU again! money will be flowing out of Europe. that's exactly what these already crumbling countries need.
yaba

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United Kingdom
03/17/2013 04:23 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
 Quoting: Anonymous Coward 13263525


Not a chance!
 Quoting: Anonymous Coward 1313288


wow typical sheeple reply

yes they will protect you
what a stupid response

it already has happened as the currencies have been devalued more than 10 percent
yaba

User ID: 35032629
United Kingdom
03/17/2013 04:24 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
one thing we all need to ask the governmnets is are we a capitalist society?
if the answer is yes then we should ask why they are tryin g to destroy all capital?

wwe live in debitsim not capitlaism
Devoted Follower
User ID: 35393379
United States
03/17/2013 04:28 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
 Quoting: Anonymous Coward 13263525


I think we're all screwed.

It's just when we'll get screwed that is in question...

hiding
Anonymous Coward
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United States
03/17/2013 04:29 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
 Quoting: Anonymous Coward 13263525


Not a chance!
 Quoting: Anonymous Coward 1313288


wow typical sheeple reply

yes they will protect you
what a stupid response

it already has happened as the currencies have been devalued more than 10 percent
 Quoting: yaba


cruise
Anonymous Coward
User ID: 36037348
United Kingdom
03/17/2013 04:33 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
evryone needs to question this

why is it BOND AND SHAREHOLDERS ALWAYS get bai;led out

THEY should have been the ones weith the haircut
of course that belongs to the western banking mafia

cannot see them take a loss can we
 Quoting: yaba

The reason bondholders are always "made good", (despite being legally behind depositors in the line of creditors) is that there are MASSIVE amounts of derivatives out there based on the underlying bond.
This means that if the bond were to fail/default, the derivatives (think CreditDefaultSwap) becomes due, and then all that insurance has to be paid.
Bear in mind, I am aware that some bonds have 10+ times the amount of CDS outstanding on them than the amount of the bond issued in toto.
So, the derivatives web is protected at all costs, and nothing is allowed to fail.

The system is at risk if just one large counterparty in the derivatives web cannot make it's payments.

Prepare.
Anonymous Coward
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Germany
03/17/2013 04:33 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
will this happen on other country in europe and US ?
 Quoting: Anonymous Coward 13263525


I think we're all screwed.

It's just when we'll get screwed that is in question...

hiding
 Quoting: Devoted Follower 35393379


next week will be an indicator to:

how many people care about whats happening.
we will be able to see this via bankruns.

how many people are willing to disobey.
we will be able to see this via protests.

we need someone that can organize and ccordinate as well as plan things.
there is no reason to provide them with money via work if they steal it without warning.
there are no more ethnic or respectful rules.
its time to raise the sword.
Senior Stool Sample
User ID: 36041906
United States
03/17/2013 04:36 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Gold should fly tonight.
Anonymous Coward
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Germany
03/17/2013 04:37 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
The ECB is proud to be the sponsor of the Bankrun 2013
insertfunnyusername

User ID: 35967835
Greece
03/17/2013 04:39 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Cyprus parliament postpones vote on savings levy to Monday

Cyprus's parliament postponed an emergency session called to approve a levy on bank deposits on Sunday after signs lawmakers could block the surprise move agreed in Brussels to help fund a bailout and avert national bankruptcy.
[link to thestar.com.my]


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