Putin and his Russian Mafia are going to make the Cypriots an offer they can't refuse .
It was an easy call for you to make, eh SH?
Rooskies offer gas exploration rights in bailout termsI do find it hilarious that a nation with truly shady banking practices is talking about helping someone else out, these clowns always have strings attached, and if I had to guess this is an easy way to both launder some illegitimate cash and possibly have some strategic land worth acquiring during foreclosure negotiations.
Oh sure, and in looking for related news somebody is already describing how deep the Rooskie connections go, looks like they've been worming their way into Cyprus for some time now...
http://www.ft.com/cms/s/0/cd6ad842-8fc0-11e2-ae9e-00144feabdc0.html#axzz2Nz8ldBJkI like the north vs south regional differences discussed, kinda makes one wonder if when a rift explodes open if they have their own little civil war. Anyway, it will be interesting to see if the Italy and Spain have pre-haircut runs. I sure would be looking to get whatever I had out, especially if I had anything significant.
Interesting who socialists eventually go after though in this era of crony capitalism...rich donors get a pass as do the ubber poor...everbody else (that so-called middle-class socialist parties always claim they are so for!) get scalped.
Let it all hit the fan, people do not learn lessons well when there is no pain involved.
ETA - The crumbling appears to be occuring, this could be a rocky morning, what are the odds that the panicked EU central bankers are forced to intervene with direct aid?
http://www.zerohedge.com/news/2013-03-19/cyprus-president-says-parliament-will-still-reject-bailout-plan-making-other-plansAnd...the rest of Europe (and everybody else for that matter!) beware the lessons here, none greater than "Rule-changes are getting ‘regressively’ more creative and sinister."!
http://www.zerohedge.com/news/2013-03-19/cyprus-oh-ironyYou are not paranoid, they really are out to get you!