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A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )

 
Anonymous Coward
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03/19/2013 04:19 AM
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A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Russian officials are up in arms over a possible levy on Cyprus bank accounts, which Russian president Vladimir Putin denounced as "unfair, unprofessional and dangerous." There's good reason for their concern: Nearly a third of all the money in Cyprus' outsized banking sector is Russian.
[link to money.cnn.com]

So a German is forcing a Cypriotic hand and pissing off the Russians and the Cypriots. The fallout could potentially bring down the EU which would inturn cause massive global destabilization.

How does WW3 start again?
Anonymous Coward (OP)
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03/19/2013 04:21 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
“I have to go to my constituency and explain to my people in my constituency why we are willing to lend more than 3 billion euros ($3.9 billion) to Cyprus,” Michael Fuchs, deputy parliamentary leader of Merkel’s Christian Democratic Union party, said in an interview with BBC Radio 4 today. “Why should Germans bail out these people and they are not willing to accept at least a minor bailing out by themselves?”

[link to www.businessweek.com]
Anonymous Coward (OP)
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03/19/2013 04:26 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
hiding
recollector

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03/19/2013 04:37 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
“I have to go to my constituency and explain to my people in my constituency why we are willing to lend more than 3 billion euros ($3.9 billion) to Cyprus,” Michael Fuchs, deputy parliamentary leader of Merkel’s Christian Democratic Union party, said in an interview with BBC Radio 4 today. “Why should Germans bail out these people and they are not willing to accept at least a minor bailing out by themselves?”

[link to www.businessweek.com]
 Quoting: Wash



Naz.. german officials are idiots.They deserve what is coming.
Anonymous Coward
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United Kingdom
03/19/2013 05:11 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
WW3 will be a different war than WW1 and WW2 combine.

White men show others how to create technologies is like giving monkeys nuclears power.
Anonymous Coward (OP)
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03/19/2013 05:22 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
WW3 will be a different war than WW1 and WW2 combine.

White men show others how to create technologies is like giving monkeys nuclears power.
 Quoting: Anonymous Coward 2504098


WW3 will indeed be different. And likely more brutal. More devestating.
Anonymous Coward (OP)
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03/19/2013 05:32 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Thanks for the PIN!
Anonymous Coward (OP)
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03/19/2013 05:34 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
This Thread ties right in (like I said, domino effect)

Thread: Jim Rogers: Major Crash Ahead, protect yourselves.
Anonymous Coward
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Philippines
03/19/2013 05:35 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Yeah, at my age (88) I lived through the horrors of WW2 and now I am ready to go at any moment, naturally.
You guys, you won't be so lucky, if 'luck' is the right word.
I am still amazed that there are people who decide on who will live and who will die.
They have already decided that the ones who will live will disappear underground and those who will die will stay above ground... the 90% of us.
Anonymous Coward (OP)
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Canada
03/19/2013 05:37 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Yeah, at my age (88) I lived through the horrors of WW2 and now I am ready to go at any moment, naturally.
You guys, you won't be so lucky, if 'luck' is the right word.
I am still amazed that there are people who decide on who will live and who will die.
They have already decided that the ones who will live will disappear underground and those who will die will stay above ground... the 90% of us.
 Quoting: Anonymous Coward 16604126


Bless you.
Anonymous Coward
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Germany
03/19/2013 05:46 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
“I have to go to my constituency and explain to my people in my constituency why we are willing to lend more than 3 billion euros ($3.9 billion) to Cyprus,” Michael Fuchs, deputy parliamentary leader of Merkel’s Christian Democratic Union party, said in an interview with BBC Radio 4 today. “Why should Germans bail out these people and they are not willing to accept at least a minor bailing out by themselves?”

[link to www.businessweek.com]
 Quoting: Wash



Naz.. german officials are idiots.They deserve what is coming.
 Quoting: recollector


If our politicians would be Nazis, you retards would get nothing, thats for sure, instead of the billions that are shoveled down the black hole of corruption in your countries.
Epic Beard Guy

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03/19/2013 05:50 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Stealing from the Russian mafia might be a bad idea.I'm thinking they wont like that.
Hope for the best, but prepare for the worst.
"America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe
Anonymous Coward (OP)
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Canada
03/19/2013 05:54 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Stealing from the Russian mafia might be a bad idea.I'm thinking they wont like that.
 Quoting: Epic Beard Guy


Think Merkel is sleeping easy?
Anonymous Coward
User ID: 16850075
Germany
03/19/2013 05:55 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Yeah, at my age (88) I lived through the horrors of WW2 and now I am ready to go at any moment, naturally.
You guys, you won't be so lucky, if 'luck' is the right word.
I am still amazed that there are people who decide on who will live and who will die.
They have already decided that the ones who will live will disappear underground and those who will die will stay above ground... the 90% of us.
 Quoting: Anonymous Coward 16604126


Yeah, at my age (88) I lived through the horrors of WW2 and now I am ready to go at any moment, naturally.
You guys, you won't be so lucky, if 'luck' is the right word.
I am still amazed that there are people who decide on who will live and who will die.
They have already decided that the ones who will live will disappear underground and those who will die will stay above ground... the 90% of us.
 Quoting: Anonymous Coward 16604126


You meant to say..99,9% of us..'

Germany is not paying for anyone, they are just saving their own banks and not greece, spain, cyprus and so on. German banks and companys profit from this situation and make huge profits.

The european people didnt receive and wont receive a dime from this money, but will have to pay for everything, inclusive the interest. Everything goes directly to the banks and asset holders.

This is the biggest scam and robbery ever
Anonymous Coward
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United Kingdom
03/19/2013 05:58 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
Well who would be daft enough not to believe in afterlife when they had been reincarnated so many time?..

.. Ah nevermind.. it isn't my problem but good luck..

.. again.
Anonymous Coward
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Germany
03/19/2013 06:10 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
German banks and companys profit from this situation and make huge profits.

 Quoting: Anonymous Coward 16850075


Liar. Are you even german, asshole.
insertfunnyusername

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Greece
03/19/2013 06:32 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
bump
Anonymous Coward
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03/19/2013 06:34 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
I would be very curious to read who these 'russians' are.


censored
Anonymous Coward (OP)
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03/19/2013 06:35 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
I would be very curious to read who these 'russians' are.


censored
 Quoting: Goodseed


Might be best not to know. Sometimes knowing is dangerous.
Anonymous Coward
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Denmark
03/19/2013 06:39 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
ww3 will not be a war between countries, it will be Governments vs the people
Anonymous Coward
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Australia
03/19/2013 06:41 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
It was reported earlier on Al Jazeera that Cyprus is a tax haven.

[link to www.aljazeera.com]

They get into that part of the problem at the 1.38 mark of the video.

No wonder some people are more worried than others.... 1rof1
Anonymous Coward (OP)
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03/19/2013 06:41 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
ww3 will not be a war between countries, it will be Governments vs the people
 Quoting: Anonymous Coward 29081478


Power in numbers.
Anonymous Coward
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United States
03/19/2013 06:42 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
I would be very curious to read who these 'russians' are.


censored
 Quoting: Goodseed


Might be best not to know. Sometimes knowing is dangerous.
 Quoting: Wash


Probably already knowhiding
Saddletramp

User ID: 812002
Puerto Rico
03/19/2013 07:02 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
If they get this done, it sets the precedent that if a bank is in trouble, it is ethically and legally okay for that bank to steal from depositors to keep the bank liquid...

Of course the downside is once people get wind of this, they will pull all of their money out of the banks, draining liquidity to nothing.

The brain surgeon that came up with this idea should be hung from the nearest lamp post by his balls...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."

"We don't rent pigs!"
Anonymous Coward (OP)
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03/19/2013 07:06 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
If they get this done, it sets the precedent that if a bank is in trouble, it is ethically and legally okay for that bank to steal from depositors to keep the bank liquid...

Of course the downside is once people get wind of this, they will pull all of their money out of the banks, draining liquidity to nothing.

The brain surgeon that came up with this idea should be hung from the nearest lamp post by his balls...
 Quoting: Saddletramp


Yep. If this thing happens it will give the green light at any and all other financial insitutions to take our money whenever they need it.
Anonymous Coward
User ID: 36483189
Greece
03/19/2013 07:25 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
If they get this done, it sets the precedent that if a bank is in trouble, it is ethically and legally okay for that bank to steal from depositors to keep the bank liquid...

Of course the downside is once people get wind of this, they will pull all of their money out of the banks, draining liquidity to nothing.

The brain surgeon that came up with this idea should be hung from the nearest lamp post by his balls...
 Quoting: Saddletramp


Yep. If this thing happens it will give the green light at any and all other financial insitutions to take our money whenever they need it.
 Quoting: Wash


I'm sure they will all run, not walk to get on that bandwagon too.
Anonymous Coward
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United States
03/19/2013 07:48 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
How does WW3 start again?
 Quoting: Wash


This is happening because it already started.
Anonymous Coward
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03/19/2013 07:49 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
If we beasts hold onto precious metals however, it does help.

Holding onto it is the hard part.
Anonymous Coward
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United States
03/19/2013 07:53 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
This is the biggest scam and robbery ever
 Quoting: Anonymous Coward 16850075


The biggest scam and robbery ever has been going on for the past 30-40 years. You didn't realize it because you were still able to meek out some small comforts while the elite have multiplied their wealth far beyond your wildest imagination.

Its just now in the final stages of this robbery that scam is coming apart, sort of like a group of parasites panicking as they realize they have sucked all the blood out of the host.

.
Anonymous Coward
User ID: 961432
United States
03/19/2013 08:05 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
If they get this done, it sets the precedent that if a bank is in trouble, it is ethically and legally okay for that bank to steal from depositors to keep the bank liquid...

Of course the downside is once people get wind of this, they will pull all of their money out of the banks, draining liquidity to nothing.

The brain surgeon that came up with this idea should be hung from the nearest lamp post by his balls...
 Quoting: Saddletramp


Well I guess there is the flip side, they float a trial balloon, depositors panic withdrawing millions maybe billions. That sets off another crash type panic and governments come in to the rescue freezing all withdrawals, leaving deposits frozen to be cherry picked at will by the banks.

Actually it would be the perfect set up for your theory where governments then haircut everyone's wealth (except the insiders) by devaluing all currencies by some order of magnitude.

.
Anonymous Coward (OP)
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Canada
03/19/2013 08:05 AM
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Re: A quarter of Cyprus bank deposits are Russian, so taxing them is unpopular in Moscow. (Biggest story right now. Domino effect imminent )
How does WW3 start again?
 Quoting: Wash


This is happening because it already started.
 Quoting: Anonymous Coward 21548336


YIKES!!
ohno





GLP