From Detroit to Cyprus, Banksters in Search of Prey
From Nicosia, Cyprus, to Detroit, Michigan, the global financial octopus is squeezing the life out of society, stripping away public and individual assets in a vain attempt to fend off its own, inevitable collapse.
Join the discussion below, or Read more at Common Dreams.
#1 Mar 23, 2013
No one is immune the Bankers must go, there's too much power in the hands of too few. Cyprus is small and the experiment for the future,eventually the Germans themselves will come face to face with the Bankers.
That's when the siht will hit the fan
#2 Mar 24, 2013
Germany supports that the banking sector in Cyprus is hypertrophic (which it really is). Therefore, Germany decided that it must be hair-cut. It also said that the hair-cut will be done only one time, only in the case of Cyprus, because Cyprus is unique (it is only 0.2% of the Eurozone). What I read with this decision is that Germany understands that the country is hypertrophic in relation to the other countris in the Eurozone, and will eventually be hair-cut. So Germany things better to start hair-cutting from others, in the hope to prevent it's own, which is unavoidabe. But this is self-defeating because it gets Germany even more hypertrophic.
By last Saturday's decision, the Eurogroup knowingly destroyed the economy of Cyprus. I do not understand how they expect Cyprus to go their way when they left Cyprus with nothing to lose. I do not understand how they are led to risk 99.8%!(however small and non-systemic Cyprus may be)to implement a decision on the 0.2% of the Eurozone, which they have already destroyed whatever the outcome of the new Eurogroup will be.
Add your comments below
|The 25 Most Dangerous Cities in the U.S. Are Mo... (Nov '10)||11 hr||Inspector tiny ta...||20,694|
|What would be the best way to CLEAN UP DETROIT? (Sep '14)||Thu||Population control||194|
|Suspected drunk driver rear-ends school bus||Thu||Ray||1|
|Missing Detroit man has Alzheimer's, dementia||Thu||former democrat||1|
|Taylor Music Thread||Nov 30||Musikologist||1|
|What Have We Done To Ourselves ?||Nov 30||The Working Class||1|
|The most awesome Detroit Techno Party of the ye...||Nov 30||newswatchnow||2|
Find what you want!
Search River Rouge Forum Now
Copyright © 2016 Topix LLC