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Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out

 
Bill Paxton (OP)

User ID: 37006153
Portugal
03/28/2013 07:14 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Russian cash not flooding Latvia amid Cyprus thaw: minister

Eurozone hopeful Latvia insisted Thursday the Baltic state was not in danger of becoming a new offshore haven for Russian cash amid the debt and banking crisis racking zone member Cyprus.

[link to www.globalpost.com]
Bill Paxton (OP)

User ID: 37006153
Portugal
03/28/2013 07:15 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
[link to www.youtube.com]

Last Edited by Bill Paxton on 03/28/2013 07:17 AM
Anonymous Coward
User ID: 36991887
Greece
03/28/2013 07:16 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
People leaving Cyprus may take only 1,000 euros with them.

[link to worldnews.nbcnews.com]
 Quoting: Anonymous Coward 36991887


Sky News were reporting it to be 3,000 euros earlier today. Seems they are changing their rules in a panic. I feel sorry for all the ex-pats who are stuck there now.

I say all foreigners should head to the British Sovereign Base Area and demand protection from a corrupt and out-of-control Cypriot government. They should bring cash with them and then the British government should fly them out - with however much money they want - to Britain and then the people can spend the money here in the UK.

Fuck the Cypriot government. May they burn in hell (along with politicians and bankers of all nationalities).
 Quoting: Anonymous Coward 23992770


I agree. Changing the rules in panic.
No foreign embassies there too ?
They should head to the base area.
TOTRhombus

User ID: 36985454
United States
03/28/2013 08:25 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
These capital controls are only buying them time before they run out of cash completely. When the restrictions are lifted that's when the fun will start. Question is: are they only trying to delay the inevitible or are they giving certain people more time to get their money out of the branches outside of Cyprus that aren't imposing restrictions?
 Quoting: TOTRhombus


who benefits from this process?

the german/other european central banks sends Euros to cyprus
the cypriot government backs the move with asset transaction guarantees (preferential gas exploration rights to loan country companies/spin of off state assets to merkel etc. friendly businessmen)
the cypriots take the Euros out of cypriot banks and put it striaght into new accounts that they've opened with branches of deutche bank BNP paribas et al.

the euros the germans sent wind up straight back in their banks and they collect on the assets due to default.

put simply by offering the Euros they are giving the cypriot banks and cyprus as a whole the rope to hang themselves with and will take back not just the rope but also the entire countries asset base at the end of the process.

The cypriots overall would have been better served walking away from the euro reintroducing the cypriot pound converting all euros held and external debts owed to a "new cyp pound" and devaluing.
 Quoting: Anonymous Coward 657943


I wholeheartedly agree. Thanks for the succinct summary of what's happening. I think you might be right on the money (pun intended).
I don't know where you get your delusions, laser brain.
recollector

User ID: 26964049
Romania
03/28/2013 09:58 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
bumpbumpbump
recollector
insertfunnyusername

User ID: 36542915
Greece
03/28/2013 10:19 AM

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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
A "Frenchman", that raised the Turkish flag outside the Laiki Bank in Liberty Square in Nicosia, got almost lynched before police intervened.
[link to translate.google.gr]
Anonymous Coward
User ID: 37006153
Portugal
03/28/2013 10:32 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
A "Frenchman", that raised the Turkish flag outside the Laiki Bank in Liberty Square in Nicosia, got almost lynched before police intervened.
[link to translate.google.gr]
 Quoting: insertfunnyusername


crazy
Anonymous Coward
User ID: 19138044
Latvia
03/29/2013 01:02 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
You fuckin morans there will be NO Fucking bank run because people only allowed to withdraw maximum 300 EUR.

GET IT????

NO BANK RUN!!!!

Think!!!

Fuckin Tards. They are still smarter than you! you sheeple!!

 Quoting: Anonymous Coward 37016294


It created a bank run in dozens of other countries. AND remember that no one will probably ever deposit another EURO in a bank again after this bankster theft.
Anonymous Coward
User ID: 34765812
United Kingdom
03/29/2013 05:06 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
People leaving Cyprus may take only 1,000 euros with them.

[link to worldnews.nbcnews.com]
 Quoting: Anonymous Coward 36991887


Sky News were reporting it to be 3,000 euros earlier today. Seems they are changing their rules in a panic. I feel sorry for all the ex-pats who are stuck there now.

I say all foreigners should head to the British Sovereign Base Area and demand protection from a corrupt and out-of-control Cypriot government. They should bring cash with them and then the British government should fly them out - with however much money they want - to Britain and then the people can spend the money here in the UK.

Fuck the Cypriot government. May they burn in hell (along with politicians and bankers of all nationalities).
 Quoting: Anonymous Coward 23992770

applause


poor cypriots though
Anonymous Coward
User ID: 34765812
United Kingdom
03/29/2013 05:46 AM
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Re: Eurozone Collapse: Official Cyprus Crysis Thread(Banks Re-Open!!!) I Don't Know Whats Going On Cause I Passed Out
Thread: students for liberty

RT NEWS just did a piece on the students for liberty (anti-eu) organisation which is growing in numbers apace

so i go investigate and their website is down. their facebook page has some 95,000 members, no small change

and their server is down


curious!

News








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