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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)

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Portugal
03/27/2013 08:33 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
Cyprus Banks Opening: Guards Prepare for Battle!!!

A British security firm that transports cash for Cypriot banks is working round the clock, sending teams out with police protection to stock bank machines and readying guards for when banks reopen on Thursday.

protest

[link to m.cnbc.com]
Bill Paxton (OP)

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03/27/2013 08:37 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
Cyprus banks add security in preparation for reopening

Bank customers in Cyprus will finally get access to their money starting tomorrow, but they’ll see more than just cash when they drop in for a visit. With concerns about bank runs and unrest running high, the branch offices will now have more security to control the crowds expected to show up at the teller windows across the island nation:

[link to hotair.com]
Bill Paxton (OP)

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03/27/2013 08:43 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
Curtice Mang ‏@curticemang 1 min

In Cyprus the ATM machines return no money to depositors, but they do get a receipt that says, "Thank you for your contribution".


I hope this is a joke...

whaaat
Bill Paxton (OP)

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03/27/2013 08:46 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
Cyprus: cash, security control for banks reopening

NICOSIA, Cyprus (AP) — Cyprus has imposed limits on money transfers and hired extra security guards as it prepares for the planned reopening Thursday of its banks, which have been closed for almost two weeks to avoid a run during the country's financial drama.

[link to news.yahoo.com]
Bill Paxton (OP)

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03/27/2013 08:51 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
EU proposes £9.5 billion budget increase

The EU has proposed a budget increase of £9.5 billion this year – more than the controversial Cyprus bail-out – that would cost British taxpayers £1.2 billion and leave David Cameron no option to veto.


[link to www.telegraph.co.uk]
Bill Paxton (OP)

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03/27/2013 08:52 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
Cyprus Banks to Re-Open with 35 Armored Cars

After more than a week's closure, the world's biggest security firm G4S will be on hand with 35 armored vehicles when Cypriot banks re-open on Thursday, ready to deliver cash to ATMs and deal with any panic. "We have whatever it takes," G4S Managing Director John Arghyrou told CNBC.


[link to article.wn.com]
Bill Paxton (OP)

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03/27/2013 09:00 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
Capital Controls

• All savings accounts must run until their expiry date - with no early withdrawals allowed.

• Cashing of cheques will be suspended, but 'cheque deposits' will be allowed.

• Payments out of the country are suspended, with certain exemptions:

a) Individuals will only be allowed to take €3,000 in cash on each trip out of the country.

b) Import payments will be allowed when 'the relevant documents' are provided to the authorities.

c) Cypriots will only be allowed to transfer up to €10,000 per quarter for fellow citizens who are studying abroad.

• All credit/debit card transactions abroad will be capped at €5,000 per person, per month.

• The measures will apply to all accounts, regardless of the currency it uses.

• They will run for seven days
Bill Paxton (OP)

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Portugal
03/27/2013 09:07 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
Unarmed Guard
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Canada
03/27/2013 09:52 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
I sure wouldn't want to have a job as a riot cop or armed guard in Cyprus, cuz if the public finds out what I do for a living, I would be worried that while I was away at work helping the bankers and corrupt politicians rip off the little people, they would turn on me and burn me out at home. Same as any cop anywhere in the world that turns their loyalty from protecting the public to assisting in the theft of the public's wealth.

yoda
Anonymous Coward
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United States
03/27/2013 10:02 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
Notice everyone keeps using the term "Haircut" instead of what it is "Default" the sheep don't want to shake up TPTB CDS's right?
Bill Paxton (OP)

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Portugal
03/27/2013 10:05 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
Notice everyone keeps using the term "Haircut" instead of what it is "Default" the sheep don't want to shake up TPTB CDS's right?
 Quoting: Anonymous Coward 36969694


Haircut = Theft, but yeah i agree with you.
Anonymous Coward
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United Kingdom
03/27/2013 10:06 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
armed guards are stupid.

why try to protect something that everyone knows can't pay the guards salary.

and what bank left over would try to process a paycheck from the failed bank.
 Quoting: alufiend 36725212


They're paying them withe money they stole from people.
Lol. They steal people's deposits then use the money to hire guards so they can keep them under control when they let them know they're stealing all the rest of it too.
100% of people's money GONE.
 Quoting: Anonymous Coward 36899975


This is what happened in Argentina. The Police were protecting the criminal bankers instead of arresting them.
zvezda 1

User ID: 36953622
Bulgaria
03/27/2013 10:16 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
Capital Controls

• All savings accounts must run until their expiry date - with no early withdrawals allowed.

• Cashing of cheques will be suspended, but 'cheque deposits' will be allowed.

• Payments out of the country are suspended, with certain exemptions:

a) Individuals will only be allowed to take €3,000 in cash on each trip out of the country.

b) Import payments will be allowed when 'the relevant documents' are provided to the authorities.

c) Cypriots will only be allowed to transfer up to €10,000 per quarter for fellow citizens who are studying abroad.

• All credit/debit card transactions abroad will be capped at €5,000 per person, per month
.

The measures will apply to all accounts, regardless of the currency it uses.

• They will run for seven days
 Quoting: Bill Paxton


Am I missing something?

Last Edited by zvezda 1 on 03/27/2013 10:18 AM
Anonymous Coward (OP)
User ID: 36782551
Portugal
03/27/2013 10:28 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
Capital Controls

• All savings accounts must run until their expiry date - with no early withdrawals allowed.

• Cashing of cheques will be suspended, but 'cheque deposits' will be allowed.

• Payments out of the country are suspended, with certain exemptions:

a) Individuals will only be allowed to take €3,000 in cash on each trip out of the country.

b) Import payments will be allowed when 'the relevant documents' are provided to the authorities.

c) Cypriots will only be allowed to transfer up to €10,000 per quarter for fellow citizens who are studying abroad.

• All credit/debit card transactions abroad will be capped at €5,000 per person, per month
.

The measures will apply to all accounts, regardless of the currency it uses.

• They will run for seven days
 Quoting: Bill Paxton


Am I missing something?
 Quoting: zvezda 1


They probably meant seven years

chuckle
Anonymous Coward
User ID: 2822082
United States
03/27/2013 10:43 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
Haven't read entire thread, but the 2700 tanks DHS bought here in USA now makes sense. Get into physical assets, people...please
Anonymous Coward
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United States
03/27/2013 10:45 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
Notice they have enough money to do everything else they want....hire G4S guards...travel to Russia and wherever else needed... Money for everything except to give to the people who deposited it in the bank to begin with...
 Quoting: Anonymous Coward 36899975


Hold on there, fella! We'll have none of that crazy talk around here!!
Bill Paxton (OP)

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Portugal
03/27/2013 10:49 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
Kinda anxious about tomorrow...what will happen?, will the banks re-open, stay closed?, will there be still money on people's accounts?

damned
Anonymous Coward
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Greece
03/27/2013 11:03 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
Notice they have enough money to do everything else they want....hire G4S guards...travel to Russia and wherever else needed... Money for everything except to give to the people who deposited it in the bank to begin with...
 Quoting: Anonymous Coward 36899975


Hold on there, fella! We'll have none of that crazy talk around here!!
 Quoting: Anonymous Coward 36971933


I just can't help myself sometimes :)
Anonymous Coward
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Germany
03/27/2013 11:15 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
Anonymous Coward
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03/27/2013 11:16 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
Anonymous Coward
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Turkey
03/27/2013 11:26 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
Meanwhile in Turkey

"S&P brings Turkey within one notch of investment grade"

[link to blogs.ft.com]
Anonymous Coward
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United States
03/27/2013 11:32 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
I predict that on thursday morning if they even open at 9:00 am that at 9:05 they are closed and out of money at every location including the ATM's

Anyone want to doubt my predictive POWERS? If you do then your are doubting an angel that told my uncle! YOU don't want to doubt my uncle's angel do you?
 Quoting: ZEROeffect


Well, there will be capital controls in place to limit the amount of money that can be withdrawn, and no doubt those rules will be enforced. But everyone will WANT all they have deposited.
recollector

User ID: 26964049
Romania
03/27/2013 11:34 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
I predict that on thursday morning if they even open at 9:00 am that at 9:05 they are closed and out of money at every location including the ATM's

Anyone want to doubt my predictive POWERS? If you do then your are doubting an angel that told my uncle! YOU don't want to doubt my uncle's angel do you?
 Quoting: ZEROeffect


Well, there will be capital controls in place to limit the amount of money that can be withdrawn, and no doubt those rules will be enforced. But everyone will WANT all they have deposited.
 Quoting: Little Bee



...and this is why the banks will close after 5 minutes.Not because the lack of money (this will be in 6 working days), but because of plenty of people...
recollector
Anonymous Coward
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03/27/2013 12:16 PM
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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 twitter.com (secure)]
GREEK POLICE SPOKESMAN: BOMB WENT OFF IN ACROPOLIS NEIGHBORHOOD
Liar
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Spain
03/27/2013 12:23 PM
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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
Capital Controls

• All savings accounts must run until their expiry date - with no early withdrawals allowed.

• Cashing of cheques will be suspended, but 'cheque deposits' will be allowed.

• Payments out of the country are suspended, with certain exemptions:

a) Individuals will only be allowed to take €3,000 in cash on each trip out of the country.

b) Import payments will be allowed when 'the relevant documents' are provided to the authorities.

c) Cypriots will only be allowed to transfer up to €10,000 per quarter for fellow citizens who are studying abroad.

• All credit/debit card transactions abroad will be capped at €5,000 per person, per month.

• The measures will apply to all accounts, regardless of the currency it uses.

• They will run for seven days

 Quoting: Bill Paxton


So this is the EU stil??
Sounds more like North Korea, Cuba, or Zimbabwe.
Anonymous Coward
User ID: 36900338
United States
03/27/2013 12:24 PM
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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
I would not want to be any type of "Guard" in the United States once the shit breaks loose here...
Anonymous Coward
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03/27/2013 12:25 PM
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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
Helicopters and police sirens wailing across Nicosia....

[link to twitter.com (secure)]
Bill Paxton (OP)

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Portugal
03/27/2013 12:31 PM
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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
Helicopters and police sirens wailing across Nicosia....

[link to twitter.com (secure)]
 Quoting: Anonymous Coward 34881307


violin
Psych

User ID: 903456
Netherlands
03/27/2013 12:37 PM

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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
I am definitely working from home tomorrow so I can keep an eye on it.

This is gonna be so f***ing awesome.


Consider this an experiment in a controlled environment.
Bill Paxton (OP)

User ID: 36782551
Portugal
03/27/2013 12:41 PM
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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
I am definitely working from home tomorrow so I can keep an eye on it.

This is gonna be so f***ing awesome.


Consider this an experiment in a controlled environment.
 Quoting: Psych


And so it begins...finally

5a

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