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REPORT ABUSIVE 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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Instead of answering my points
Quoting: Anonymous Coward 34907233 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.
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