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| 12:14 PM | ||
| Users Online Now: 3,045 (Who's On?) | Visitors Today: 999,540 | |
| Pageviews Today: 2,715,784 | Threads Today: 519 | Posts Today: 9,159 |
| 12:14 PM | ||
Cyprus banks may never open again | |
| Anonymous Coward User ID: 33724411 03/20/2013 05:16 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 36540283 Yes, that´s true. Except that it´s more complicated than that. German banks are also exposed. And Germany wants to keep the euro. So, there are reasons Germany wants to get involved. By the way, the other half of Cyprus has the Turkish lira and none of the problems with the banks. The euro has created many of the problems, including the real estate bubbles and the excessive increase in public debt. Without the euro, local currencies would have depreciated and investors would have been cautious. Interest rates would have been higher and inflating real estate bubbles would not have inflated. Yes, its time to end the Euro for Cyprus. And I suspect Merkel and Schaeuble are ready for it. I think it would be better for Germany to leave the euro. Pretty much all the other countries want to print money. If they leave, the reconversion is a mess. If Germany leaves, it´s much more manageable. Also, Germany´s public debt is denominated in euros. If the euro loses value, Germany´s debt would start to vanish... without even having to pay for it! Good solution, there...............................tell that to the other guy in here...................LOL. No, I also agree that Germany needs to exit the Euro. Maybe we can finish with this compromise.  |
| Anonymous Coward User ID: 777204  United States03/20/2013 05:16 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 777204 ALL of it? You must be living in an Alternate Universe from the rest of us GLPers. I guess so. I am not living in the universe where anyone other than cypriots ran Cyprus into the ground. Who is the president of Cyprus? Who runs the cypriotic banks? Not cypriots? And who demanded the ridiculous 15% or so confiscation tax, then------the Cypriots themselves? have you been paying attention at all to what the posters here have been saying? Sigh......... Once things become so entangled, it is very difficult to say who´s at fault. In a system where each country decides for itself and those who make bad investments stand lose most of these problems would not even occur. True-----I would say, though, a good portion of the fault lies with Germany, brussels, and the EU. Maybe not all of it. Cyprus may have had a hand in it. But ALL of it is Cypriot fault? Hell, no? |
| Anonymous Coward User ID: 33724411 03/20/2013 05:17 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 33724411 Do you know how many schools could be build with that money in Germany? How many Kindergarten places could be made. I say there are lots of opportunities where that money is better spend then in Cyprus. are you an idiot? we have schools and kindergarten for everyone in germany. You liar. Are you even german? Have you ever talked to german people who would like to bring the children to a kindergarten? It is very hard to get a place, in some places it is almost impossible. There are lots of schools who are old and need to be modernized. lol what a load of bullshit. There is free school and kindergarten for everyone in germany. You are a liar. Or you sit in your basement and don't meet people with children. Do you want me to search for the newspaper reportings about it? |
| Anonymous Coward User ID: 36540283  Germany03/20/2013 05:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 33724411 03/20/2013 05:19 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 33724411 I am not living in the universe where anyone other than cypriots ran Cyprus into the ground. Who is the president of Cyprus? Who runs the cypriotic banks? Not cypriots? And who demanded the ridiculous 15% or so confiscation tax, then------the Cypriots themselves? have you been paying attention at all to what the posters here have been saying? Sigh......... Once things become so entangled, it is very difficult to say who´s at fault. In a system where each country decides for itself and those who make bad investments stand lose most of these problems would not even occur. True-----I would say, though, a good portion of the fault lies with Germany, brussels, and the EU. Maybe not all of it. Cyprus may have had a hand in it. But ALL of it is Cypriot fault? Hell, no? Maybe you could enlighten us how it was Germanys or Brussels fault that Cyprus needs 10 billion Euros? |
| Anonymous Coward User ID: 36555921 United States03/20/2013 05:20 PM Report Abusive Post Report Copyright Violation | I considered that Putin acts in the interest of Russia not in the interest of criminals. Maybe I was wrong. Then you are a fool. Putin did something he probably never dreamed he would be doing...calling the president/PM of Cyprus. He probably didn't even know the guy's name a week ago. The call wasn't to schedule a tennis date. But it turns out the real plan of the EU bankers all along was not to skim 10%. No, it is to seize the entire operation because the 10% plan was the poison pill that kills the ENTIRE Cyprian banking system. So now Putin and the 'dons' will be setting their sites elsewhere. Yup, the EU bankers might be a little richer before they get snuffed out. But pissing off Putin this much by taking his friend's money is a kiss of death. People are going to die. Shot dead. If they want to make it really scary, they'll do it like they did the Russian spy who fled to England. Even the Rothchild's had better watch their backs. I DID mention that case of the Russian spy in England some posts back. Ghastly. The Eu does not know who it is dealing with. Yes, so did I. It was a loud and clear message, wasn't it. If the EU bankers aren't familiar with it yet, they will be. Putin isn't the type to attend a bunch of meetings to work this out. Nor is he in any mood to suffer those bankers in their double breasted suits. Nope, the EU bankers took a bigger bite than they can swallow. |
| Anonymous Coward User ID: 35805099  Poland03/20/2013 05:24 PM Report Abusive Post Report Copyright Violation | Thanks Cyprus anybody can see this more clearly. The government making debt. People which can afford to make some savings were prospered well. Now politicians steal money from people accounts to bail out banks which borrowed money to incompetent rulers. Nobody will lose except the ordinary people. This is essence of the debt system. All country finances are based not on something physical like gold but on the collection of future debts from its citizens. |
| Anonymous Coward User ID: 36555921 United States03/20/2013 05:25 PM Report Abusive Post Report Copyright Violation | I considered that Putin acts in the interest of Russia not in the interest of criminals. Maybe I was wrong. Then you are a fool. Putin did something he probably never dreamed he would be doing...calling the president/PM of Cyprus. He probably didn't even know the guy's name a week ago. The call wasn't to schedule a tennis date. But it turns out the real plan of the EU bankers all along was not to skim 10%. No, it is to seize the entire operation because the 10% plan was the poison pill that kills the ENTIRE Cyprian banking system. So now Putin and the 'dons' will be setting their sites elsewhere. Yup, the EU bankers might be a little richer before they get snuffed out. But pissing off Putin this much by taking his friend's money is a kiss of death. People are going to die. Shot dead. If they want to make it really scary, they'll do it like they did the Russian spy who fled to England. Even the Rothchild's had better watch their backs. I DID mention that case of the Russain spy in England some posts back. Ghastly. The Eu does not know who it is dealing with. Sorry my last response was posted inside the previously quoted area. Sorry for the mix up. ------------------------- Yes, so did I. It was a loud and clear message, wasn't it. If the EU bankers aren't familiar with it yet, they will be. Putin isn't the type to attend a bunch of meetings to work this out. Nor is he in any mood to suffer those bankers in their double breasted suits. Nope, the EU bankers took a bigger bite than they can swallow. |
| Anonymous Coward User ID: 34907233 Germany03/20/2013 05:25 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 34907233 are you an idiot? we have schools and kindergarten for everyone in germany. You liar. Are you even german? Have you ever talked to german people who would like to bring the children to a kindergarten? It is very hard to get a place, in some places it is almost impossible. There are lots of schools who are old and need to be modernized. lol what a load of bullshit. There is free school and kindergarten for everyone in germany. You are a liar. Or you sit in your basement and don't meet people with children. Do you want me to search for the newspaper reportings about it? lol and you did it again. just quote one line and ignore the rest. Instead of answering my points you dont even quote them and try to change the topic to kindergarten and schools. There is free school and kindergarten for EVERYONE in germany thats a fact. you can go and post some stupid article where people cry cause the kindergarten isnt right around the corner. You are obv not interested in a discussion and are completly ingorant. So just let go and go troll somewhere else. Im not gonna answer you anymore. Theres no point talking to a wall. |
| Anonymous Coward User ID: 33724411 03/20/2013 05:25 PM Report Abusive Post Report Copyright Violation | This is not a question of european bankers. These are political questions. All politicians of importance have sufficient security. And the russian idiots will not dare to attack official german politicians. |
| Anonymous Coward User ID: 36555921 United States03/20/2013 05:27 PM Report Abusive Post Report Copyright Violation | I considered that Putin acts in the interest of Russia not in the interest of criminals. Maybe I was wrong. Then you are a fool. Putin did something he probably never dreamed he would be doing...calling the president/PM of Cyprus. He probably didn't even know the guy's name a week ago. The call wasn't to schedule a tennis date. But it turns out the real plan of the EU bankers all along was not to skim 10%. No, it is to seize the entire operation because the 10% plan was the poison pill that kills the ENTIRE Cyprian banking system. So now Putin and the 'dons' will be setting their sites elsewhere. Yup, the EU bankers might be a little richer before they get snuffed out. But pissing off Putin this much by taking his friend's money is a kiss of death. People are going to die. Shot dead. If they want to make it really scary, they'll do it like they did the Russian spy who fled to England. Even the Rothchild's had better watch their backs. I DID mention that case of the Russian spy in England some posts back. Ghastly. The Eu does not know who it is dealing with. Yes, so did I. It was a loud and clear message, wasn't it. If the EU bankers aren't familiar with it yet, they will be. Putin isn't the type to attend a bunch of meetings to work this out. Nor is he in any mood to suffer those bankers in their double breasted suits. Nope, the EU bankers took a bigger bite than they can swallow. |
| Anonymous Coward User ID: 36540283 Germany03/20/2013 05:29 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 33724411 I am not living in the universe where anyone other than cypriots ran Cyprus into the ground. Who is the president of Cyprus? Who runs the cypriotic banks? Not cypriots? And who demanded the ridiculous 15% or so confiscation tax, then------the Cypriots themselves? have you been paying attention at all to what the posters here have been saying? Sigh......... Once things become so entangled, it is very difficult to say who´s at fault. In a system where each country decides for itself and those who make bad investments stand lose most of these problems would not even occur. True-----I would say, though, a good portion of the fault lies with Germany, brussels, and the EU. Maybe not all of it. Cyprus may have had a hand in it. But ALL of it is Cypriot fault? Hell, no? The problem in Cyprus is how the banks used the money, not where the money comes from. They should manage their banking system a little more carefully. That´s really been up to each country to do--and none, apparently, did well. Measures must be ratified by national parliaments, including continuous participation in the euro. For example, Germany pressured Italy to improve its budget. There was a choice of cutting public waste, bureaucracy, privileges, etc., or increasing taxes, which are already excessive. The Italian Gov´t decided to brutally increase taxes--thereby killing the economy. Italians blame Germany. But it makes no sense. They made the wrong decision themselves! |
| Anonymous Coward User ID: 33724411 03/20/2013 05:29 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 36540283 Germany03/20/2013 05:31 PM Report Abusive Post Report Copyright Violation | Thanks Cyprus anybody can see this more clearly. Quoting: Anonymous Coward 35805099 The government making debt. People which can afford to make some savings were prospered well. Now politicians steal money from people accounts to bail out banks which borrowed money to incompetent rulers. Nobody will lose except the ordinary people. This is essence of the debt system. All country finances are based not on something physical like gold but on the collection of future debts from its citizens. Yes, but this was happening even before the EU and the euro. That´s how the West has lived since WWII. It is obvious that sooner or later the debt reaches its limit and everything then starts to crumble. |
| Anonymous Coward User ID: 36555921 United States03/20/2013 05:32 PM Report Abusive Post Report Copyright Violation | This is not a question of european bankers. These are political questions. All politicians of importance have sufficient security. And the russian idiots will not dare to attack official german politicians. Bullshit. The politicians are the cover for the bankers. Putin or the 'dons' will start killing bankers because THEY are the ones who are getting the money that the dons consider to be stolen from them. You want them to debate it politically. The dons don't see it that way. They see their money being stolen. Period. So they will punish the people they consider to be the guilty parties. They might be right or wrong with their list of targets, but those will be the ones who get hit. |
Leejunss User ID: 1267719 United States03/20/2013 05:33 PM  Report Abusive Post Report Copyright Violation | people was happy their government took 100% of their money rather then 10%..... People i do not understand them.... M.I.B Utopian agenda credentials ................................ Unit 21 of Shadow division Galactic federation omni connection certification. 1000k of light permit Agenda 21 cert. Green/Blue Code of GFOL cert. Backlog unit cert. Galactic Front of Alien drone operation cert. |
| Anonymous Coward User ID: 33724411 03/20/2013 05:38 PM Report Abusive Post Report Copyright Violation | This is not a question of european bankers. These are political questions. All politicians of importance have sufficient security. And the russian idiots will not dare to attack official german politicians. Bullshit. The politicians are the cover for the bankers. Putin or the 'dons' will start killing bankers because THEY are the ones who are getting the money that the dons consider to be stolen from them. You want them to debate it politically. The dons don't see it that way. They see their money being stolen. Period. So they will punish the people they consider to be the guilty parties. They might be right or wrong with their list of targets, but those will be the ones who get hit. No banker sees any of that money, what are you talking about. The money is used to keep Cyprus afloat, nothing else. |
| Anonymous Coward User ID: 36540283 Germany03/20/2013 05:38 PM Report Abusive Post Report Copyright Violation | Your points are that Germany should spend money as soon as someone asks for it.  Everywhere in Europe people blame Germany for not "showing solidarity" and thereby bailing everyone out. Of course, it´s impossible. At the root, there is probably a misunderstanding: many think that simply printing money solves the problem and that Germany has some sort of paranoia not to do it. Each country should have a right to decide for itself. |
| Anonymous Coward User ID: 36422968  United Kingdom03/20/2013 05:39 PM Report Abusive Post Report Copyright Violation | Count me in, i want some nice German girl asses. Oh boy they have nice round asses. German girls are the one of the most ugliest species on the planet...i take it you have never been there? Now go to Italy where pretty much ALL the women are hot... Very Ture, If You goto germany and smell the women there you would not want to touch them with a protected barge pole. |
| Anonymous Coward User ID: 36555921 United States03/20/2013 05:53 PM Report Abusive Post Report Copyright Violation | This is not a question of european bankers. These are political questions. All politicians of importance have sufficient security. And the russian idiots will not dare to attack official german politicians. Bullshit. The politicians are the cover for the bankers. Putin or the 'dons' will start killing bankers because THEY are the ones who are getting the money that the dons consider to be stolen from them. You want them to debate it politically. The dons don't see it that way. They see their money being stolen. Period. So they will punish the people they consider to be the guilty parties. They might be right or wrong with their list of targets, but those will be the ones who get hit. No banker sees any of that money, what are you talking about. The money is used to keep Cyprus afloat, nothing else. Do you even know what a bank is or what it does?? Do you understand that bankers get PAID for banking? Do you think the bankers mysteriously get their money from heaven? But even more than that, you are missing the point entirely because you keep thinking about it in terms of what the EU might think about the situation. You need to start looking at it from the depositors' point of view, namely the mean nasty Russian mafia dons who had billions deposited in the bank but now have zero. If they want revenge, they will get it despite your protestations to the contrary. |
| Anonymous Coward User ID: 33389306 United States03/21/2013 03:27 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 33389306 United States03/21/2013 03:32 PM Report Abusive Post Report Copyright Violation | Your points are that Germany should spend money as soon as someone asks for it. Everywhere in Europe people blame Germany for not "showing solidarity" and thereby bailing everyone out. Of course, it´s impossible. At the root, there is probably a misunderstanding: many think that simply printing money solves the problem and that Germany has some sort of paranoia not to do it. Each country should have a right to decide for itself. But by seizing the money, it is basically an act of war against the real beneficiary and user of that banking system, Russia. So Russia has the outpost in the eurozone that it uses to do all sorts of business. And the eurozone is failing and the Germans don't want to support the Cyprus trade by Russia any more. So they try to take some. It would not have helped to give Russia fair warning to get their money out. They would have done so, crashing the Cyprus banking system even harder and costing the eurocrats the same amount of money. It can be said that Russia was free-riding on the eurozone economics. This was fine while the eurozone was healthy; everyone benefitted. But now that the eurozone is sick, they want Russia to pay, and Russia says they are not obligated to do so, because hat's not part of the role of a bank depositor. There's some reason on both sides, but it's nasty and warlike too. |
