EU - Cyprus confiscating 10% of all bank depositors money

Soon it will be the US' turn.
Plan in advance people.
And remember its the BANKERS who are the enemy.

So the socialist commies have destroyed Cyprus as well and
the blame as usual falls on Capitalism and the banks.

Typical!

They are taking what has been theirs the hole time. You are the ones giving it value. If you did not strive for it then what would its value be. Just because they say it's worth your efforts to work your whole life over, does not make it so...but you did.

Yes, and when they can no longer find any other way to fee and tax you to death, they will now outright take it.

they work for one and the same master
capitalism for them and for YOU nothing

Not even hiding it anymore.



Before they used to just print more money and devalue the savings, now they are just robbing in broad daylight.

David Burge ‏@iowahawkblog
Now Spain is pushing for a new bailout from the EU. Lesson: get your money the hell out of Spanish banks. Now. #Cyprus
Retweetado por Georgie Markides

5 min Georgie Markides ‏@georgiemark
@BarretK I don't think so. I am asking @ChristosSavva1 Any ideas of whether absent MPs reduce the Yes Tally requirement?

7 min Georgie Markides ‏@georgiemark
So far 24 MPs have decided on NO out of 54. Doubtful whether ruling&coalition partner MPs will be convinced (29 ppl) #econcy #Cyprus #rbnews

Now that they are so 'in your face', it makes one wonder what they know. That they just don't care anymore that you know they are crooks means that they have weaseled their way into a position of safety for themselves and know you can't do shit about it. Scarey for the rest of us.

Cyprus bailout: Man threatens bank with bulldozer

zerohedge ‏@zerohedge
What Cyprus needs is Hank Paulsonopolis to scare everyone into voting for the bailout immediately

5 min zerohedge ‏@zerohedge
The ECB is still pressing for the Cyprus government to hold a vote today - BBG

I know its happening in Cyprus but I got a powerful feelin to buy lots of stuff in bulk today.....I'll go with my gut....

This should come as no surprise at all to anyone paying attention. This shit is right on schedule.

And guess who's next? YOU.

Yes, this is a "test run" as this article from Forbes makes clear:

Every so often, a moment comes along when you learn something important about how economies work. Thanks to the Euro area member states, we’re about to get one of these moments. Next week, we’re going to find out how people react when their bank deposits are at risk of being confiscated.

[link to www.forbes.com]

Wow. That is really fucked up. To think that if this passes, PIIGS will be next.

I wonder how the Russian Mob feels right now. I seem to recall reading about the Russian Mob keeping a lot of their money in the Cyprus banks.

Depending on how Putin and the Russians react to their money being confiscated (80% of the Cyprus bank depositors are Russian accounts), this could be the trigger that starts the domino collapse of the derivatives market.

If the Russians say "Oh hells no! We'll show them who they're fucking with", they can start the derivatives collapse to bring down the "TBTF" banksters.

Russia is probably in good position to survive a global economic collapse because their economy had already collapsed years ago and they are the second largest oil producers in the world. Not to mention that Russia has been buying as much gold as they can get their hands on recently.

The shit is about to hit the fan!!!!!!!!!!!!!

TRANSFER all your account balances to other sources.

If you can't withdraw money, over pay your credit cards and have a balance due or a check mailed to you, then cash the check.

Or, set up a paypal account for yourself, transfer the funds from your bank account and then use paypal to shop for all your food online.

I repeat, transfer all your account balances to other sources.

No different than sales tax, income tax, inheritance tax, inflation/capital gains tax -- we'll get used to the new deposit tax/theft after a few years.

Business Insider ‏@businessinsider
Europe Just Broke A 'Cardinal Rule' With The Bailout Of Cyprus [link to read.bi]

Why don't you check your facts? It's not actually 10% of all depositors money.

they do it in cyprus because there is alot of russian money sojust to piss of some whealty russians...

If people all try and do it at once they will find out there isn't that much cash.

Also the only way you can withdraw all your money at once is to close the bank account.

Last Edited by <x> on 03/17/2013 07:31 AM

Yes indeedy and it's not actually 10% of all savings accounts. It's a lower percent under a certain level. It's still bad but people need to get their facts straight. Dear me - it's not as if it isn't all over the MSM as well as sites like this.

if everyone in europe would withdraw hes cash only around 12-13% will gets hes money lolz. Rest gets nothing...

Feeling pity for EU. I hope it won't affect ASIA.

Who keeps money in a bank anymore?

I wonder how this will affect the world come Monday.?>?<>

I dont have a ton in the bank, but what is there is coming out tomorrow.

Hell I'd give the U.S. 10% of my savings if it would fix everything. It would be less than 100 bucks for me, I'm poor as it is.....