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)

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.

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)]



Aaaaand... it's gone!

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!

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.

warning of total financial collapse and euro exit if there is no deal [link to t.co]

and SEIZED in the USA... when it happens here.

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

I predict the markets here in America will soar to new record highs!

We are witnessing the BEGINNING of the FALL From GRACE of ALL counrtires... it will happen one by one.... get the popcorn.

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...

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?

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

Why today’s Cyprus bailout could be the start of the next financial crisis

[link to www.washingtonpost.com]

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.

we should gerenral strike all over europe until companies stop using e cash methods!

Don't forget to read this thread :

[link to godlikeproductions.com]

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

will this happen on other country in europe and US ?

this issue could easily be solved by using the same tax rates in entire europe.

Not a chance!

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.

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

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

I think we're all screwed.

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

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.

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.

Gold should fly tonight.

The ECB is proud to be the sponsor of the Bankrun 2013

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]