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

 
No Dhimmi

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03/16/2013 07:06 AM

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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Thank God we have the Bernake - he will save us by shitting out more $$$

:Bernak is money :
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Anonymous Coward
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03/16/2013 07:07 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
ReVbo™

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03/16/2013 07:12 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
This must be even worse than any of us ever suspected, considering they've gone to just flat out theft of bank deposits. That's a huge risk that they're taking of sparking a continent-wide bank run, and I doubt the other Europeans are just going to take their word for it that they won't try it somewhere else.
John 8:32

And ye shall know the truth, and the truth shall make you free.
Anonymous Coward
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03/16/2013 07:15 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.....
 Quoting: Anonymous Coward 26448516


They will stop issuing the cash as soon as withdrawal rate hits 3%. This is a fractional system. So only the firs lucky ones will get their money, all the rest will have to pay the tax as they won't be able to withdraw them.
Anonymous Coward
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03/16/2013 07:18 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
This must be even worse than any of us ever suspected, considering they've gone to just flat out theft of bank deposits. That's a huge risk that they're taking of sparking a continent-wide bank run, and I doubt the other Europeans are just going to take their word for it that they won't try it somewhere else.
 Quoting: ReVbo™


Nothing in mainstream british MSM at the moment.
Anonymous Coward
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03/16/2013 07:19 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Someone has to pay for the programs they wanted.
They want everyone to have free shit. Well, now,its timw to pay for it. Not sure how its the banks fault. They didn't offer everyone free shit.
Anonymous Coward
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03/16/2013 07:19 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.....
 Quoting: Anonymous Coward 26448516


They will stop issuing the cash as soon as withdrawal rate hits 3%. This is a fractional system. So only the firs lucky ones will get their money, all the rest will have to pay the tax as they won't be able to withdraw them.
 Quoting: Anonymous Coward 29023676


I read the funds have already been locked out.

So if you had 100 in deposit they locked out 6% so you only have 94 available.
Utu

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03/16/2013 07:21 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
GLP HAS MADE ME INTO AN ASSHOLE!
energywithin

User ID: 36290083
Cyprus
03/16/2013 07:25 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
This must be even worse than any of us ever suspected, considering they've gone to just flat out theft of bank deposits. That's a huge risk that they're taking of sparking a continent-wide bank run, and I doubt the other Europeans are just going to take their word for it that they won't try it somewhere else.
 Quoting: ReVbo™


The Cyprus President was adamant that he would not agree to anything like this, even up until THEY CHANGED THEIR MINDS!!!
Anonymous Coward
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03/16/2013 07:26 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


This is the future of the US if the left spends all of the money on free shit for everyone.
energywithin

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Cyprus
03/16/2013 07:27 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


Well I reckon if the European markets collapse! that might just effect the US too! No!!
Anonymous Coward
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03/16/2013 07:29 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


This is the future of the US if the left spends all of the money on free shit for everyone.
 Quoting: Anonymous Coward 26646277


Yep
Utu

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03/16/2013 07:29 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


Well I reckon if the European markets collapse! that might just effect the US too! No!!
 Quoting: energywithin


That's what Im asking.

So is this the real "the shit is about to hit the fan"!?
GLP HAS MADE ME INTO AN ASSHOLE!
Saddletramp

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Puerto Rico
03/16/2013 07:33 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Government just stealing money now...levy my ass, that's theft!
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
energywithin

User ID: 36290083
Cyprus
03/16/2013 07:33 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
You Know It's not only what is happening in Cyprus with the bail out, the economy "problem" is being pushed all around the world, We are being led by the nose.

Last Edited by energywithin on 03/16/2013 07:50 AM
Anonymous Coward
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03/16/2013 07:34 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


Well, if you are a US depositor in Cyprus/Cypriot bank you just lost between 6-10% of your money.

This is unlikely, I suppose, but it sets a worrying precedent: Banksters can simply dip their fingers into YOUR savings and help themselves in the Eurozone.

The goalposts can be moved overnight and on a weekend. The law to allow this was created today (Saturday).
You will not be allowed access to your money if it happens elsewhere. When you can, it will be devalued or partially removed.

If you were Spanish/Greek/Italian, knowing your country likely needs a Euro 'bailout', would you wait for a "bank Holiday"?

When confidence in banks goes away like this, we get systemic runs and ultimately a serious collapse.

Good luck, everyone. Hope you've got your stack buried somewhere safe.

Resister

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03/16/2013 07:38 AM

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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Money is at faith value

No faith no value
 Quoting: Ice


jay
"God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787
recollector

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03/16/2013 07:41 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
bump
Lady Jane SmithModerator
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03/16/2013 07:42 AM

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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


This is the future of the US if the left spends all of the money on free shit for everyone.
 Quoting: Anonymous Coward 26646277


... and it is the people who work, not the entitlement crowd, who have bank accounts & will get screwed.

Those sucking the hardest on the tit will feel no pain at all when the account confiscation goes down.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Anonymous Coward
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03/16/2013 07:46 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Money is at faith value

No faith no value
 Quoting: Ice


DUDE! that's deep.
Anonymous Coward
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03/16/2013 07:47 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Coming to a country and bank near you.

If one does it, others will follow since they can see how lucrative this can be for the governments.
 Quoting: Anonymous Coward 32381040


It does smell like a test run.
 Quoting: Anonymous Coward 25949992


^^^Yes, my first thought too. GOAL: ~Cheap Labor~
DVCMCM

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Italy
03/16/2013 07:47 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Money is at faith value

No faith no value
 Quoting: Ice


DUDE! that's deep.
 Quoting: Anonymous Coward 36297577



right
The Cryptic Mole
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03/16/2013 07:50 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
I tried warning everyone on one of my threads about what the media was hiding, and the meetings that were going on in Brussels Belgium a few weeks back, but most just laughed.

They wont be laughing for too much longer though!
thinkingoutsidetherho​mbus

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03/16/2013 07:51 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Help! I don't know anything about this kind of stuff, What does this mean for the U.S. if anything at all!?!?!?
 Quoting: Utu


This is the future of the US if the left spends all of the money on free shit for everyone.
 Quoting: Anonymous Coward 26646277


Oh no. Not free shit for everyone. Folks like us are the ones who pay for all that free shit.
I don't know where you get your delusions, laser brain.
Anonymous Coward
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03/16/2013 07:53 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.
 Quoting: Anonymous Coward 30446635


The banks fucked up first, then the governments fucked up by bailing out the banks who then went on to stash all their cash and not lending it back out which may have got the economy's moving again.
thinkingoutsidetherho​mbus

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03/16/2013 07:54 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.
 Quoting: Anonymous Coward 30446635


The banks fucked up first, then the governments fucked up by bailing out the banks who then went on to stash all their cash and not lending it back out which may have got the economy's moving again.
 Quoting: Anonymous Coward 1582488


Hey Iceland! You guys have the right idea...
I don't know where you get your delusions, laser brain.
Anonymous Coward
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03/16/2013 07:55 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
the bank run is starting,


[link to www.businessinsider.com]
 Quoting: freeasabee1


People lining up to take moeny out at ATMs. That's funny!. So about 100 people will get a few hundred out of their accounts before all machines run out of money. You know the bank that is Closed until Tuesday will not be refilling the ATMS with cash.

THose people will all get their forced haircuts.
Anonymous Coward
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03/16/2013 07:56 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
I tried warning everyone on one of my threads about what the media was hiding, and the meetings that were going on in Brussels Belgium a few weeks back, but most just laughed.

They wont be laughing for too much longer though!
 Quoting: The Cryptic Mole 33886289


Did you specifically warn us or did you just vaguely tell us to start hiding?
zvezda 1

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03/16/2013 07:57 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
Thread: The WW3 has started TODAY - Putin bans foreign banksters from Russia!

Idol1
Anonymous Coward
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03/16/2013 08:00 AM
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Re: Breaking: CHAOS IN CYPRUS; "Thousands" are withdrawing their money; ALERT IN THE SOUTHERN EUROPEAN COUNTRIES
NOBODY GIVES A DAMN ABOUT CYPRUS!

Unless of course you're a Cypriot afro





GLP