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

this is really scary

Τhat is exactly the problem. ESM and EFSF don;t have the money to rescue Cyprus. Originally discussion where made for a bailout package of 18 Bn Euros. With this desicion the amount drops to 10 Bn Euros.
Now what does thsi say about Eurozone?? What if Italy needs help? What about Spain if she also asks for additional help?? The debt of Greece is a grain of rice compared to them.




Wrong!! Cyprus with its enormous amount of natural gas reserves can do a lot of things. If the decide to exit Eurozone then EU loses one great energy source and the enslavement in the energy sector to Russia continues. This will cost more to EU than Cyprus. In such a decision Cuprus gets bailed out from Russia the very next morning. The profits are enormous for them.



Politicians in Cyprus made a huge mistake. This forced haircaut without warning will destroy the credability to the Cyprus Banking System and a lot of investors and companies are going to flee and never come back. If this decision gets aproved by the PM's then Cyprus will lose all its allies and all the agreements that Cyprus has made up until know will be lost.

Explain! What are these "lot of things"?

"The big problem, however, is that it’s not just large foreign deposits that are taking a haircut; the haircut on small domestic deposits is a bit smaller, but still substantial. It’s as if the Europeans are holding up a neon sign, written in Greek and Italian, saying “time to stage a run on your banks!”

Tomorrow and the days immediately following should be very interesting."

-Paul Krugman (Nobel Prize-winning economist)

[link to krugman.blogs.nytimes.com]

OH NO!!! If they take 6.75% of MY money out of the bank, I'll stand to lose about $.06!

but its doom?

it has to happen at some point. just get it over with already and let's start working on a real solution

The funny thing is when I was screaming doom at Greeks to get their act together (pay taxes, stop rioting, stop bit**ing) & hoping that they will somehow vote in or make change in their country (both the large and small Greek nations) many Greeks accused me of being Turkish or Muslim but I suppose the silver lining here is that they can finally "see" what the rest of us see in that their government are complete criminal scum who have been sucking up willingly to the Eurocats for so long and this plan is nothing but plain highway robbery designed only to bring misery and hardship.

Instead of a united Europe working together to solve problems we now face a project wide meltdown and breakup with future generations having nothing but intolerance and blind nationalism to look forward to :(

Gazprom already handed over a proposal to the goverment of Cyprus that they are willing to buy 1-2 banks in exchange for more royalties in the Natural Gas Reserves.

Read Here:
[link to www.newsit.gr]

See?

Maybe, maybe not. Maybe they were just floating the idea, see what response it got. Seen any queues at your local ATM?

Most do not understand yet, you all must work together anonymously in order to solve this predicament that has been deliberately designed.

THE FEDERAL COURT OF USA REJECTED GREEK CYPRIOTS' REQUESTS TO RETURN NORTHERN CYPRUS OR TAKING COMPENSATION (09.10.2014):

The news of the decision of the Court: (13.10.2014): [link to www.courthousenews.com]

The website of the case of the Court: [link to dockets.justia.com]

The decision of the Court.....: [link to docs.justia.com]
From the Court decision:
1. "..Greek Cypriots CANNOT CLAIM that the government in control of Northern Cyprus gave their homes to Turkish Cypriots....

2. Although the United States does not recognize it as a state, the TRNC purportedly operates as a DEMOCRATIC REPUBLIC with a president, prime minister, legislature and judiciary...

3. TRNC is NOT VULNERABLE to a lawsuit in Washington"

NOTE: Previously, The European Court of Human Rights (ECtHR) rejected Greek Cypriots' request to return Northern Cyprus.
European Court of Human Rights (ECHR) (27.05.2010):
“The houses which the Greek Cypriots left in North Cyprus are not their homes any more because they have lived almost for all their lives in another place and they have no concrete and persisting links with the houses they claimed. Therefore Greek Cypriots have no right to return to the North.”

Way to dig this up. I guess as long a the Russian Moffia got to remove their money before it all went down, no foul right. I mean none of the bankers have to worry about the Greek Cypriots as much as the Russians they almost screwed.

Should I start talking smack now or would you advise me to hold it until 25th of November?

I wonder if locals still use the lawn mower during dark ours? Those hidden cables are kinda hard to see... I know I should have waited until 25th of November but having so much stuff on my hands I need to unload to make a deadline.

They already have

with the Social Security Account. They borrowed Three Trillion, then passed a law to make it legal to not pay it back, by saying the account was too big to handle, and gussied up Formosa(Taiwan).

And our next lesson is first strike scenario. What is the best response policy considering the result we have.?