Guardian: Reports the following on the Cyprus Crisis, " Draconian terms aimed at keeping Cyprus in eurozone include closure of second-largest bank and big losses for wealthy savers......Russian officials have repeatedly compared the Cypriot bank levy to Soviet-era expropriation. ".
Lets Get Real:
What if Greece, Spain come cap in hand again to the EU, will Germany again state that savers with large savings have to give up a majority of it, can the Western Banking system cope with the idea that the State, that has not gone through a Revolution phase is stealing the money of savers. At least in 1917 with the fall of Tsarist Russia the State that would become the USSR has a Communist Agenda, you knew what you were getting, Germany is demanding that a democracy steal from its savers, with no proof of wrong doing, its just wrong folks, no one seems to get that fact, just because its Russian money it should not be seen as safe money to steal. The Euro has become an end it itself for the EU, it mus be protected at all costs, even if it destroys the economic structure of the EU, one day someone will be brave to say NO, lets hope it is soon folks, democracy can not last when theft is so open and with no blow back.
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