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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Cyprus banks may never open again
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Poster Handle
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Anonymous Coward |
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Post Content
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This makes sense. They made a mess with their banks, they should use their assets to clean up.
Expropriation from bank accounts should not even have been proposed.
Quoting: Anonymous Coward 36540283 I don't agree. They should never sell their natural resources to other countries. Then they would have nothing left of value and they are totally in the hands of Russia. There don´t seem to be many pleasant solutions left. They should have watched over their banking system a little more carefully. The issue is not whether the money comes from Russia or elsewhere. It´s what they did with the money. To varied degrees, the same could probably be said of most countries in Europe, though. They could let their banks implode, similar to iceland. And start from scratch. But their problem is they don't have another economic model other than "banking". Well, I guess at least herding goats will not produce the lifestyle they wish. That´s the reason I would consider using assets, like gas reserves or leasing a naval base to the Russians, or whatever, in order to preserve the banking system. They can make a living off of that. Stealing money from the Russians, somehow, doesn´t seem like a very good idea...
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