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

 
Anonymous Coward
User ID: 18850150
United States
03/17/2013 11:05 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
.


It's not as easy as transferring funds out of Cyprus.

First of all, all funds have been frozen and can't be transferred.

Second, tens of thousands of Russians LIVE in Cyprus.


.
Anonymous Coward
User ID: 950188
United States
03/17/2013 11:06 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I don't want to be "That Guy", but I have to agree with you. I have a feeling my fellow GLPers are severely overreacting about this. As per usual...
Anonymous Coward
User ID: 36337577
United States
03/17/2013 11:07 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I CARE about Cyprus BITCH. It is a beautiful island with beautiful people. Unlike your country, THEY do not kill "street urchins" aka children who steal food from merchants because they are starving. Yeah, your DEATH SQUADS are hired by those merchants to kill children. So fuck off.
whiteangel

User ID: 1775746
United States
03/17/2013 11:07 AM

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


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
 Quoting: Limpan


Too many things pointing to this coming week, for those with their eyes open, now is time to secure your family. Dang, didn't want to see this happen in my life time, that is for sure!! Love and Peace to all hf
 Quoting: whiteangel


Is there any talk about this on Fox, CNN, etc.,?
 Quoting: Anonymous Coward 7554855


Here is link to Fox News Business report
[link to www.foxbusiness.com]
So....NO
"If voting made a difference they wouldn't let us do it" -Mark Twain
God is NOT dead!
Thread: Being Prepared
Foveras

User ID: 36122067
Greece
03/17/2013 11:08 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
New rumors that Greek banks might be close at Tuesday-Wednesday

[link to translate.google.gr]

If this happens people prepare

hidinghidinghiding
Love responsibility,
keep saying, I alone
will save the world
If it gets lost, myself only is responsible

N.Kazantzakis
Anonymous Coward
User ID: 19932676
United States
03/17/2013 11:08 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Everybody who got taxed will withdraw, anyway.
Would you leave your money there?

And even more important, who will ever again put any more money there, if its immediately taxed by 10 % ???
 Quoting: Liar 34784030


THE ABOVE IS THE SIMPLE TRUTH OF THE MATTER

and this will DISTRUST will spread worldwide. ....

billions will go out of banks this week in the U.S. just because of this event. Don't think so? then you are fokin stupid.
Anonymous Coward
User ID: 36363079
03/17/2013 11:08 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I don't want to be "That Guy", but I have to agree with you. I have a feeling my fellow GLPers are severely overreacting about this. As per usual...
 Quoting: Anonymous Coward 950188


But, do you really believe that they will stop at Cyprus?
Anonymous Coward
User ID: 19932676
United States
03/17/2013 11:08 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
New rumors that Greek banks might be close at Tuesday-Wednesday

[link to translate.google.gr]

If this happens people prepare

hidinghidinghiding
 Quoting: Foveras


hmm. rock and roll!
Anonymous Coward
User ID: 33305744
United States
03/17/2013 11:09 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
I'm taking out the money I have tomorrow

hiding
 Quoting: Limpan


THEY JUST STARTED AN AVALANCHE HOLY SHIT HERE WE GO

siren2siren2siren2siren2

Im actually scared right now zombies
 Quoting: Anonymous Coward 29813107


This is just 10% imagine if it had been 40% like they originally intended
Anonymous Coward
User ID: 32703521
United States
03/17/2013 11:10 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I don't want to be "That Guy", but I have to agree with you. I have a feeling my fellow GLPers are severely overreacting about this. As per usual...
 Quoting: Anonymous Coward 950188


it goes without saying that GLPers overreact to things. there are some pretty accurate financial blogs saying this might be the beginning of the end though, on top of that we have greenspan saying we should end the fed. i think the cards are there for this to be true.
moses767

User ID: 19613320
United States
03/17/2013 11:10 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
This is only setting the president for what will be happening to America soon!! These European devils will fall first, and then 2 o 3 years later; America will be the last one standing. Unless the Illuminuti bankers want to rush things to set up their new world Satanic order sooner. But make no mistake about it; eventually, the Great and the Almighty God of Heaven will first plague them for 42 months of hello on the Earth, for killing His people that wouldn't take their zombie making and mind controlling, mark of the beast chip. Revelation's 13th and 14th chapters in the Holy Bible; and then God will send His mighty angels from heaven; and defeat them in hours, and have them all before His Great White Throne for some very harsh judgments. And they will be judged and sentenced to the great lake of fire and brimstone, where they will be forever swimming in it; and spitting out the fire and brimstone, out of their evil and lying mouths!!
Anonymous Coward
User ID: 19932676
United States
03/17/2013 11:11 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I don't want to be "That Guy", but I have to agree with you. I have a feeling my fellow GLPers are severely overreacting about this. As per usual...
 Quoting: Anonymous Coward 950188


it isn't about glprs over reacting it is how would YOU
react to this if you were in Cyprus?

huh?

you would take your cash out of the bank! or are you stupid?

now, when billions fly out of the banks in cyprus/....what do you think others in other countries will do?

wake up and smell the coffee....doom on.
Anonymous Coward
User ID: 33724411
03/17/2013 11:11 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
New rumors that Greek banks might be close at Tuesday-Wednesday

[link to translate.google.gr]

If this happens people prepare

hidinghidinghiding
 Quoting: Foveras


Doesn't look like a credible soruce.
Anonymous Coward
User ID: 1711362
Canada
03/17/2013 11:12 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
I started the following thread in the hopes someone else might think similar that this is nothing but the government's takeover of the private banking industry.

This is socialism.

Thread: The Truth Behind The Cyprus Bailout

I thought I was the only one thinking like this but not anymore. Check out what the CEO of Saxo Bank is saying.

He's calling it was it is. Full Blown Socialism!

ohyeah
Anonymous Coward
User ID: 19932676
United States
03/17/2013 11:12 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.

Everybody who got taxed will withdraw, anyway.
Would you leave your money there?

And even more important, who will ever again put any more money there, if its immediately taxed by 10 % ???
 Quoting: Liar 34784030


THE ABOVE IS THE SIMPLE TRUTH OF THE MATTER

and this will DISTRUST will spread worldwide. ....

billions will go out of banks this week in the U.S. just because of this event. Don't think so? then you are fokin stupid.
Anonymous Coward
User ID: 2164937
United States
03/17/2013 11:17 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
New article at yahoo finance covers possible market reactions: [link to finance.yahoo.com]

Cyprus parliament still has to vote on this. IMO, Russian mafia death threats have been issued against anyone who votes yes to take depositors' money.
Anonymous Coward
User ID: 36361988
Austria
03/17/2013 11:18 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Well, why are you mad.

Rich guys pay 10%. So I think this is a good think to save the banks and to remain the stability of the euro.

I would also suggest that people who own more than 1 million should pay 30% and that people who have less than 50k should pay nothing.

Thanks
G3
G3

User ID: 1531577
United States
03/17/2013 11:20 AM

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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
I started the following thread in the hopes someone else might think similar that this is nothing but the government's takeover of the private banking industry.

This is socialism.

Thread: The Truth Behind The Cyprus Bailout

I thought I was the only one thinking like this but not anymore. Check out what the CEO of Saxo Bank is saying.

He's calling it was it is. Full Blown Socialism!

ohyeah
 Quoting: Anonymous Coward 1711362


Saxo Bank CEO: “This Is Full-Blown Socialism And I Still Can’t Believe It Happened”

[link to www.zerohedge.com]

It is difficult to describe the weekend bailout package to Cyprus in any other way. The confiscation of 6.75 percent of small depositors’ money and 9.9 percent of big depositors’ funds is without precedence that I can think of in a supposedly civilised and democratic society. But maybe the European Union (EU) is no longer a civilised democracy?

I heard rumours about this when I visited Limassol last week, but dismissed them as completely outlandish. And yet, here we are. The consequences are unpredictable, but we are clearly looking at a significant paradigm shift.

This is a breach of fundamental property rights, dictated to a small country by foreign powers and it must make every bank depositor in Europe shiver. Although the representatives at the bailout press conference tried to present this as a one-off, they were not willing to rule out similar measures elsewhere – not that it would have mattered much as the trust is gone anyway. It is now difficult to expect any kind of limitation to what measures the Troika and EU might take when the crisis really starts to bite.

If you can do this once, you can do it again. if you can confiscate 10 percent of a bank customer’s money, you can confiscate 25, 50 or even 100 percent. I now believe we will see worse as the panic increases, with politicians desperately trying to keep the EUR alive.

Depositors in other prospective bailout countries must be running scared – is it safe to keep money in an Italian, Spanish or Greek bank any more? I dont know, must be the answer. Is it prudent to take the risk? You decide. I fear this will lead to massive capital outflows from weak Eurozone countries, just about the last thing they need right now. Even from the EU as a whole, I suspect, as the banking union is in place in most countries already.

Another open question is what will happen to the huge number of brokerages based in Cyprus? There is about 100 or more FX and other brokers currently operating under the relatively light Cypriot regulation. How will this impact the trustworthiness of these many small institutions? What IS the exact impact on the client deposits they might be holding in Cyprus? Will anyone dare to do business with them going forward?

This is a major, MAJOR game changer and the fallout will be with us for a long time to come. I believe it could be the beginning of the end for the Eurozone as this is an unbelievable blow to the already challenged trust that might be left among investors. Talk about a possible own goal.

Market reaction? it must be very good for gold – and for safe-haven countries like Switzerland, Singapore and economically more healthy non-Euro countries in, for example, Scandinavia. I would think the EUR and associated markets will be undermined by increasing lack of confidence when the full implications become clear for investors.

This is full-blown socialism and I still cannot believe this really happened.

Be careful out there…

Last Edited by G3 on 03/17/2013 11:21 AM
Mr. D
User ID: 4603964
United States
03/17/2013 11:21 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
shit is hitting the fan.... and we're next in line.

fuck.
 Quoting: Anonymous Coward 36231775


yah...portugal spain italy euro then...weee! the U.S. the big beast of beasts will go down the toilet.

The crash of the U.S. will be the worst since the people have become so hyper reactive drama queens.....

it's pathetic.
 Quoting: Anonymous Coward 19932676


Hate to rain on your parade however losing ones hard earned money to thieves is not over reacting. They have no right stealing the peoples money no matter what. Pathetic are the those who feel they can steal from the poor and middle class with no consequences. I call it Justice.
Anonymous Coward
User ID: 36364821
Germany
03/17/2013 11:24 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Cyprus savings raid undoes the promise that up to €100,000 (£85,000) is protected by state. If state can't afford it, guarantee fails.
Anonymous Coward
User ID: 36364821
Germany
03/17/2013 11:24 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Cyprus savings raid undoes the promise that up to €100,000 (£85,000) is protected by state. If state can't afford it, guarantee fails.
 Quoting: Anonymous Coward 36364821


thats it!

now tomorrow ENTIRE EUROPE GET YOUR MONEY BEFORE IT IS TOO LATE!
Anonymous Coward
User ID: 35332711
France
03/17/2013 11:25 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Who cares about cyprus?

Theres more ppl living in my city than fucking cyprus.

Nothing will happen, bitches.
 Quoting: Anonymous Coward 36355909


I don't want to be "That Guy", but I have to agree with you. I have a feeling my fellow GLPers are severely overreacting about this. As per usual...
 Quoting: Anonymous Coward 950188


We will see. The message from this weekend is crystal clear:

Your money on your bank is not being considered as your money anymore, it is up for grabs.


Now, if this does not have an impact, then nothing else ever will.
Anonymous Coward
User ID: 36364821
Germany
03/17/2013 11:26 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
European Citizens, you no longer have any guarantee that your money are safe in banks. Lift all your savings.
Anonymous Coward
User ID: 26491065
Sweden
03/17/2013 11:26 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Well, why are you mad.

Rich guys pay 10%. So I think this is a good think to save the banks and to remain the stability of the euro.

I would also suggest that people who own more than 1 million should pay 30% and that people who have less than 50k should pay nothing.

Thanks
 Quoting: Anonymous Coward 36361988


Three options when the economy is about to crash:
1. Do like Greece, lend more money and let the poor take the hit.
2. Do like Cyprus and let the ones with money in the bank take the hit.
3. Do like Island, throw the banksters in jail and reset the economy.

I prefer number 3 every day of the week.
Anonymous Coward
User ID: 34039835
United States
03/17/2013 11:27 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


What a complete a-hole.
Anonymous Coward
User ID: 36364821
Germany
03/17/2013 11:27 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Thanks to the insane EU "experiment" in Cyprus chances on a near future bankrun in ES/GR/IT/PT are extremely high: [link to t.co]
Anonymous Coward
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Germany
03/17/2013 11:28 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Irish finance ministry assures people it won't happen here! [link to t.co]
Anonymous Coward
User ID: 26491065
Sweden
03/17/2013 11:29 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
European Citizens, you no longer have any guarantee that your money are safe in banks. Lift all your savings.
 Quoting: Anonymous Coward 36364821


If we all did that there would be no more wars.

The banksters are behind almost all wars in modern time.
An Ordinary Greek
User ID: 36232885
Greece
03/17/2013 11:31 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Irish finance ministry assures people it won't happen here! [link to t.co]
 Quoting: Anonymous Coward 36364821


Same wording from the Greek FinMin too...

The SHTF, literally.

5a
Anonymous Coward
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Germany
03/17/2013 11:32 AM
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Re: Holy Shit Here We Go: People are freaking out in Europe of the Cyprus bailout.
Cyprus Archbishop Chrysostomos in his Sunday sermon: ‘This is a villainy of Europeans. Cyprus must as soon as possible leave the eurozone’

News