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Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.

 
Ice
ice

User ID: 1433512
United States
03/17/2013 09:53 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
The decision by the euro zone to force bank depositors in Cyprus to contribute towards a bailout, a first in the euro zone debt crisis, could hurt other peripheral nations, the euro and the global stock market rally, analysts warned.

The decision shocked many, including Sharon Bowles, chair of the European parliament's economic and monetary affairs committee, who called it a "disaster" for European Union rules and the single market.
 Quoting: Limpan


could hurt other peripheral nations


COULD?????


LOLdancing ra
Chill - Enjoy - Relax
Anonymous Coward
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03/17/2013 09:54 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
A lot of people probably took at least a 6-10% hit with the 2008 financial collapse. The big difference... they did not tell people.
Jeepster

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03/17/2013 09:55 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
hiding
Jeepster
Anonymous Coward
User ID: 22028589
Canada
03/17/2013 09:55 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Fabrizio Goria ‏@FGoria
Money will be cut from accounts by Tuesday morning - Cyprus Mail [link to www.cyprus-mail.com] …

 Quoting: Luisport



I have an idea.

Most countries have laws against instigating bank runs.

I would argue that this could legally be an instigation. You tell savers their money will be removed whether they like it or not. The natural response is to take their money out.


It was planned all along. Cyprus, take them to court and fucking hang them.
whiteangel

User ID: 1775746
United States
03/17/2013 09:56 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Fabrizio Goria ‏@FGoria
Money will be cut from accounts by Tuesday morning - Cyprus Mail [link to www.cyprus-mail.com] …

 Quoting: Luisport


Hey Luis - you watch all this pretty closely, do you think this will cause a global domino effect?
 Quoting: whiteangel


Luis can answer you're question, but I read somewhere, they this could be worse the the Lehman Brother situation.


hiding
 Quoting: Limpan


Read that also after asking the question.
hiding AFTER going shopping.
"If voting made a difference they wouldn't let us do it" -Mark Twain
God is NOT dead!
Thread: Being Prepared - Updated Basic Food List On Page One
Anonymous Coward
User ID: 26491065
Sweden
03/17/2013 09:57 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Russia and China are waiting for the right moment to put the head shot in the US economy. They will lose alot of money themselves by doing that, but at the same time turn the US to a nation with a useless currency not even worth the paper it's printed on.

When China and Russia suddenly stop trading oil with USD, then it is game over for the US.

I am so surprised how few people understand this system with the petro dollar. That is the ONLY reason that the US still is a super power 2013.
You never hear any MSM economists talk about this!

The Fed has since the mid 70s been able to print USD out of thin air basically because of the world's unsatisfiable need for oil. To buy that oil they need USD. The rest of the world have for 40 years sent weapons, cars, computers, factories, oil, metals, food, etc, to the US to get hold of US dollars. The US Govt cost to get all this has been the price of paper and inc.

As long as the world needs oil, and are forced to pay with USD, then the US debt can increase infinitely. But China and Russia is fed up with this. And they will soon leave the Petrodollar system. When this happens the USD will lose 99% of its value over night. Hyperinflation will hit the US, you will not be able to import things with a currency worth nothing and the US military will not be able to sustain itself for long.

TPTB know that this will happen. But they are ready to start a nuclear war to avoid that.
Luisport

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Portugal
03/17/2013 09:57 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Thread: Tomorrow, Cyprus could vote to leave the euro. This is political dynamite!!! Archbishop Chrysostomos of Cyprus: Cyprus is to leave the eurozone!
Limpan

User ID: 1474973
Sweden
03/17/2013 09:58 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Fabrizio Goria ‏@FGoria
Money will be cut from accounts by Tuesday morning - Cyprus Mail [link to www.cyprus-mail.com] …

 Quoting: Luisport


Hey Luis - you watch all this pretty closely, do you think this will cause a global domino effect?
 Quoting: whiteangel


Luis can answer you're question, but I read somewhere, they this could be worse the the Lehman Brother situation.


hiding
 Quoting: Limpan


Read that also after asking the question.
hiding AFTER going shopping.
 Quoting: whiteangel


Stock up my friend!! You never know how this will end??

hf
Anonymous Coward
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Malaysia
03/17/2013 10:00 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
God did not create money, human did. Without money, human will still exist. And probably will live a better life.
Limpan

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Sweden
03/17/2013 10:04 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
CENTRAL BANK OF CYPRUS IMPOSES A BAN FOR ALL IN- AND-OUT PAYMENTS FOR ALL CYPRIOT BANKS - RIA [link to t.co]
Limpan

User ID: 1474973
Sweden
03/17/2013 10:07 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
I wish I would have a company selling safety deposit boxes for private homes right now!!
Limpan

User ID: 1474973
Sweden
03/17/2013 10:09 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
From twitter!! So true

If 99% of US media is not mentioning a thing, does it even exist ? - If you don't know, we're at a real SHTF moment -


[link to t.co]
El Tiburon

User ID: 28375544
United States
03/17/2013 10:10 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Great example of how the people of freaking out


Best 2 mins of freaking out ive seen in awhile!


Its on folks. The financial collapse and complete system breakdown is next HOLY SHITalone
 Quoting: THIS IS DOOM 29813107




NEVER A TRUER WORD SAID
 Quoting: Anonymous Coward 19706474


cheers HOLY SHIT THiS gUY SHOWED UP WITH A BULLDOZER TO GET HIS MONEY


 Quoting: Anonymous Coward 29813107


Dude with the blue shirt has huge tits...

Just sayin'
Anonymous Coward
User ID: 33724411
03/17/2013 10:12 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
...


Luis can answer you're question, but I read somewhere, they this could be worse the the Lehman Brother situation.


hiding
 Quoting: Limpan


of course it can be worse than lehman case... it was a big bank and now it's about nations! And german authorities say this can be repeted in Italy, Greece and Spain... now imagine this!
 Quoting: Luisport


That would be the end of banks and the euro
 Quoting: Limpan

This is on porpouse! This is the ultimate german/nazi plan!
 Quoting: Luisport


You stupid liar. Just go out of the Euro. Then you wont have to take our german nazi money anymore.
Anonymous Coward
User ID: 36311382
Spain
03/17/2013 10:13 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
The decision by the euro zone to force bank depositors in Cyprus to contribute towards a bailout, a first in the euro zone debt crisis, could hurt other peripheral nations, the euro and the global stock market rally, analysts warned.

The decision shocked many, including Sharon Bowles, chair of the European parliament's economic and monetary affairs committee, who called it a "disaster" for European Union rules and the single market.
 Quoting: Limpan


I dont think its going to happen..I think its a tongue in cheek ground testing to see how people take to the idea.
Luisport

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Portugal
03/17/2013 10:13 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
zerohedge ‏@zerohedge
Live Streaming Of Cyprus Mega TV [link to www.zerohedge.com] …
Anonymous Coward
User ID: 35272287
United States
03/17/2013 10:15 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Great example of how the people of freaking out


Best 2 mins of freaking out ive seen in awhile!


Its on folks. The financial collapse and complete system breakdown is next HOLY SHITalone
 Quoting: THIS IS DOOM 29813107




NEVER A TRUER WORD SAID
 Quoting: Anonymous Coward 19706474


cheers HOLY SHIT THiS gUY SHOWED UP WITH A BULLDOZER TO GET HIS MONEY


 Quoting: Anonymous Coward 29813107


Dude with the blue shirt has huge tits...

Just sayin'
 Quoting: El Tiburon


If that video's any indication; people in Cyprus are fugly.
Anonymous Coward
User ID: 7554855
Canada
03/17/2013 10:19 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Are any of the major networks in the US & Britain discussing this situation or is it a blackout? I don't have tv.
Mr. D
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03/17/2013 10:19 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Any Cypriots on glp? I have a question. Is this happening on the whole island or just one half? (Greek, Turkish or both)?
Anonymous Coward
User ID: 26491065
Sweden
03/17/2013 10:19 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Cool down. Nothing big will happen.

When China and Russia declares that they will leave the Petro dollar system, then we know disaster will hit the US. That will also be the time to get down in the underground shelters.
Anonymous Coward
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Ireland
03/17/2013 10:21 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Are any of the major networks in the US & Britain discussing this situation or is it a blackout? I don't have tv.
 Quoting: Anonymous Coward 7554855


Yeah it's been on Sky, but they're not making a great deal about it - their mistake!
Anonymous Coward
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Canada
03/17/2013 10:21 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Could the BRICS nations talk of a world bank play a future part in this
Anonymous Coward
User ID: 36311382
Spain
03/17/2013 10:22 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Just pondering here..this wouldnt have anything to do with Putin saying allegedly no foreign banks in Russia? nah..
Anonymous Coward
User ID: 35487983
United States
03/17/2013 10:25 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Katy bar the FUCKING door.
phoenixe

User ID: 35778087
Germany
03/17/2013 10:26 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.

...


i suppose you have daily/weekly limits as well? here they differ from bank to bank. maybe want to start today and get some tomorrow, too.
 Quoting: Limpan


I think it's 9000 Swedish crones a week!!
They scary thing is if the block you're internet bank

tiemunch
 Quoting: phoenixe


If emptying your bank account is your goal, you can always walk in to the bank and take it all out. It's only a limit on ATM's, there always was so they don't have to fill up the machines way too soon. I doubt Cyprus with its 1 million population will have any effect on us though, greeks emptied their accounts twice in the past 2 yrs and I'm pretty sure your account was safe then too.
 Quoting: Limpan


not that easy anymore! banks have not that much money "cash" - if you want to withdraw eg 5,000 euros, at some banks you have to tell them you want to do that a week ahead! amount of money available is different from bank to bank, but it is "common practise" since some years here, due to "money laundering laws".
i suppose it is the same in sweden.
Anonymous Coward
User ID: 35487983
United States
03/17/2013 10:27 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Best rant ever
Anonymous Coward
User ID: 13938276
United States
03/17/2013 10:27 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Hey so I hate to be the dumbass to ask, but whats the big deal with this Cyprus bailouts? I mean are you guys insinuating that its going to cause a near collapse like in 2008?
Anonymous Coward
User ID: 5199737
United States
03/17/2013 10:31 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Russia and China are waiting for the right moment to put the head shot in the US economy. They will lose alot of money themselves by doing that, but at the same time turn the US to a nation with a useless currency not even worth the paper it's printed on.

When China and Russia suddenly stop trading oil with USD, then it is game over for the US.

I am so surprised how few people understand this system with the petro dollar. That is the ONLY reason that the US still is a super power 2013.
You never hear any MSM economists talk about this!

The Fed has since the mid 70s been able to print USD out of thin air basically because of the world's unsatisfiable need for oil. To buy that oil they need USD. The rest of the world have for 40 years sent weapons, cars, computers, factories, oil, metals, food, etc, to the US to get hold of US dollars. The US Govt cost to get all this has been the price of paper and inc.

As long as the world needs oil, and are forced to pay with USD, then the US debt can increase infinitely. But China and Russia is fed up with this. And they will soon leave the Petrodollar system. When this happens the USD will lose 99% of its value over night. Hyperinflation will hit the US, you will not be able to import things with a currency worth nothing and the US military will not be able to sustain itself for long.

TPTB know that this will happen. But they are ready to start a nuclear war to avoid that.
 Quoting: Anonymous Coward 26491065


this is one of the truest and most terrifying things i've ever read on this site!

gaspalonesiren2damned
SwanSong
User ID: 22453342
United States
03/17/2013 10:32 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Money Orders and Check-Cashing establishment are often under siege, especially the Check-cashing establishments. For the criminals, they seem tobe open-game-season, 24 hours, 365 days a year.

Gas stations often seem to have money-orders, and I wonder if anyone has noticed they are always the ones to have the clerks murdered during robberies and are thus forced out of business.
Anonymous Coward
User ID: 33724411
03/17/2013 10:33 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Hey so I hate to be the dumbass to ask, but whats the big deal with this Cyprus bailouts? I mean are you guys insinuating that its going to cause a near collapse like in 2008?
 Quoting: Anonymous Coward 13938276


Hey, its Sunday! We can at least still hope the week will bring our desired collapse.

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