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

 
Anonymous Coward
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Spain
03/16/2013 04:06 AM
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Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
16 MARCH 2013

People with Cyprus bank accounts will lose up to 10% of their savings as the price of a 10 billion euro (£8.6 billion) rescue package for the cash-strapped country from its European partners and the International Monetary Fund.

The bailout was agreed early on Saturday in a bid to keep the island nation from a bankruptcy that could rekindle the region's debt crisis.

But in a major departure from established policies, the package also includes a one-off levy on the money held in bank accounts in Cyprus. Analysts have warned that making depositors take a hit threatens to undermine investors' confidence in other weaker eurozone economies and might possibly lead to bank runs.

In return for the rescue loans Cyprus will trim its deficit, shrink its troubled banking sector, raise taxes and privatise state assets, said the Netherlands' Jeroen Dijsselbloem, presiding over meetings of the 17-nation eurozone's finance ministers. "The assistance is warranted to safeguard financial stability in Cyprus and the eurozone as a whole," he said, speaking after nearly 10 hours of negotiations.

People with less than 100,000 euro (£86,000) in their Cypriot bank accounts will have to pay a one-time tax of 6.75%, those with more will lose 9.9%. The measure is expected to net 5.8 billion euro (£5bn) in additional revenues, Mr Dijsselbloem said, greatly reducing the country's financing need.

[link to www.belfasttelegraph.co.uk]

AND NOW, THOUSANDS ARE WITHDRAWING THEIR CASH, CHAOS IS SPREADING IN CYPRUS, AND THE ALARMS HAVE BEEN RAISED IN ITALY&SPAIN&GREECE&PORTUGAL AND IRELAND.

[link to translate.google.es]

This is HUGE guys, I expect a "contagion effect" to Southern European Countries. The "mafia"(banksters, politicians, Rockefeller, Rotschild, IMF...) is stealing our saved money, so the people is going to answer soon!
Anonymous Coward
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03/16/2013 04:08 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
bump
Anonymous Coward
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03/16/2013 04:14 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Real doom unfolding and GLP is silent.....
recollector

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03/16/2013 04:14 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Can't remember who said that governments will be so broke that the only way to have some money and kick the can a bit more time, will be to tax the bank deposits, Roubini or Celente said it.


S will HTF in matter of days...
recollector

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03/16/2013 04:15 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Can't remember who said that governments will be so broke that the only way to have some money and kick the can a bit more time, will be to tax the bank deposits, Roubini or Celente said it.


S will HTF in matter of days...
 Quoting: recollector



Also :


bump
Anonymous Coward
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03/16/2013 04:16 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
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Anonymous Coward
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United Kingdom
03/16/2013 04:17 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
That's so unfair and I bet the governmant knows what each person has in that bank so even withdrawing the money wont help....I suppose the answer here is to withdraw any money from bank accounts and buy a safe to keep it in at home.....
Gnosis 2020

User ID: 2107346
United States
03/16/2013 04:19 AM

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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Sheesh! I knew it was only a matter of time before the first domino got pushed over.

It looks like someone threw subtlety out the window and kicked the first one down!

5* & pin. Good catch!
When everyone looks left, look right. Keep your eyes and your mind open...
Anonymous Coward
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03/16/2013 04:20 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Gotta love the government. Look... We know we fucked up, So now you're gonna bail us out with your hard earned money whether you want to or not.
Anonymous Coward
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03/16/2013 04:23 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Can't remember who said that governments will be so broke that the only way to have some money and kick the can a bit more time, will be to tax the bank deposits, Roubini or Celente said it.


S will HTF in matter of days...
 Quoting: recollector


Yes, think Celente said it, retirement funds too, that's coming as well.
Anonymous Coward
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03/16/2013 04:23 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
This has always been a huge problem. They(Banking industry) can and will make up any rules that they deem necessary to STEAL peoples money.
I like most here on glp have very little in the bank, so good luck getting any blood out of that turnip.
Anonymous Coward (OP)
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03/16/2013 04:24 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
[link to translate.google.es]
Anonymous Coward
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Australia
03/16/2013 04:29 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Oh, how clever! Why bother waiting for the taxes to come in before handing the money over to the banks - when the process can be streamlined and taken directly from people's accounts!!

If they couldn't figure out this 'may' lead to a bank run, they have shit for brains. Which, is a Real possibility.
freeasabee1

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03/16/2013 04:30 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
more links,

[link to www.businessinsider.com]

[link to www.businessinsider.com]

and pin this shit, its for real!!!!!!
Devoted Follower
User ID: 35393379
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03/16/2013 04:33 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
bump
Anonymous Coward
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Sweden
03/16/2013 04:34 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
So first they pay tax, now they want to raise the tax AND tax the money in the bank??!! whats left of the money I earned and worked hard for?!
Anonymous Coward
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Germany
03/16/2013 04:36 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
So first they pay tax, now they want to raise the tax AND tax the money in the bank??!! whats left of the money I earned and worked hard for?!
 Quoting: Anonymous Coward 7735617


nothing ... i wonder why they dont print money out of thin air like they always do?
Devoted Follower
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03/16/2013 04:36 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
bump
 Quoting: Devoted Follower 35393379


Stealing peoples hard earned money...plain and simple.
Cocorito90

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03/16/2013 04:37 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
time to hang some bankers....
Anonymous Coward
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03/16/2013 04:37 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
great. once again we see banks and governments colluding
to make theft of your property legal.
Anonymous Coward
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03/16/2013 04:38 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Bitcoin users not affected cool2
Devoted Follower
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03/16/2013 04:38 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
time to hang some bankers....
 Quoting: Cocorito90


^^^This!

Hang the worthless fuckers.
DVCMCM

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Italy
03/16/2013 04:38 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
resist

Free Cyprus!



.
Anonymous Coward
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Romania
03/16/2013 04:39 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
terrible decision, a total lose-lose!
Savers lost money, EU is losing credibility (if there is any), bank run in full force etc.
Do not be fooled, this is a first to have your account closed for 1 day and lose money without a law, a vote, something...
This is the beginning and nobody can now give any guarantee that it won't happen in another country.
insertfunnyusername

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Greece
03/16/2013 04:39 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
monopolyrun
Anonymous Coward
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03/16/2013 04:40 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
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freeasabee1

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03/16/2013 04:41 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
the Russian mobsters will not be pleased with this, or Putin, DOOM ON......,,
CleverMoniker
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03/16/2013 04:41 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
psssst

money is imaginary
recollector

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United Kingdom
03/16/2013 04:43 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
So first they pay tax, now they want to raise the tax AND tax the money in the bank??!! whats left of the money I earned and worked hard for?!
 Quoting: Anonymous Coward 7735617


nothing ... i wonder why they dont print money out of thin air like they always do?
 Quoting: Anonymous Coward 36288373



Well, my german friend, because IT WILL BE THE SAME RESULT.


They already know that by April we are fucked.Printing more money will see evasion grow, less money from taxes, etc, needing to WAIT months, while taking the money NOW is better for the banksters.
son of God New Jerusalem Russ

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03/16/2013 04:43 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
I would like to put Cyprus in order. Create a new debt free government.Learn English.

Adopt the New Jerusalem calendar for New Years. Open the New Jerusalem Cyprus Bank. Structure the government like this and fund each department

CYPRUS GOVERNMENT DEPARTMENTS:

DEPARTMENT OF AGRICULTURE
DEPARTMENT OF THE INTERIOR
DEPARTMENT OF COMMERCE
DEPARTMENT OF JUSTICE
DEPARTMENT OF EMERGENCY RESPONSE
DEPARTMENT OF LABOR
DEPARTMENT OF EDUCATION
DEPARTMENT OF STATE
DEPARTMENT OF ENERGY
DEPARTMENT OF TRANSPORTATION
DEPARTMENT OF HEALTH, HUMAN SERVICES, AND URBAN DEVELOPMENT
DEPARTMENT OF THE TREASURY

Use this public education system for the schools
[link to newjerusalemcalendar.com]


March 17 Gregorian converts to
0/0 --------------- ALPHA OMEGA NEW YEAR DAY
New Jerusalem calendar time

[link to newjerusalemcalendar.com]

New Jerusalem with King James Bible list of important days

0/0/13 --------------- ALPHA OMEGA NEW YEAR DAY ***( NIAGARA FALLS VERNAL EQUILUX)
MAR 1/10 ------ PALM TUESDAY- PASSOVER LAMB JESUS COMES TO JERUSALEM
MAR 1/14 ------ PASSOVER SATURDAY
MAR 1/15-21 -- FEAST OF UNLEAVENED BREAD
MAR 1/22 ------ EASTER SUNDAY - Jesus is Risen
APR 2/27 ------- MOTHER’S DAY
APR 2/31 ------- ASCENSION DAY THURSDAY(40th DAY OF EASTER)
MAY 3/10 ------ PENTECOST SUNDAY(50th DAY OF EASTER)
JUN 4/1 -------- FATHER’S DAY
JUN 4/15-22 --- GOD’S INDEPENDENCE CELEBRATION
SEPT 7/1 ------- FEAST OF TRUMPETS - Jesus Birthday
SEPT 7/10 ------ DAY OF ATONEMENT ***(NIAGARA FALLS AUTUMNAL EQUILUX)
SEPT 7/15-21 -- FEAST OF TABERNACLES
SEPT 7/22 ------ LAST GREAT DAY
OCT 8/13 ------- HALLOWEEN
NOV 9/3 -------- All SAINTS DAY
NOV 9/7--------- THANKSGIVING
NOV 9/11 ------ TRUTH DAY
DEC 10/1 ------ JESUS CONCEPTION DAY
DEC 10/1-9 ---- FESTIVAL OF LIGHTS CHRISTMAS, BOXING DAY
JAN 11/27 ------ LOVE DAY
FEB 12/14-15 -- FEAST OF PURIM


One World - One Calendar
[link to newjerusalemcalendar.com]



Looks like the New Year has begun in Kiritimati and New Zealand.


Sat Feb 12/30/12
Anonymous Coward
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Bulgaria
03/16/2013 04:43 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
RULE #1: don't save any money... it's simple





GLP