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overtheedge
Membre depuis mai 2012
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Parliamentarians In Cyprus Vote Against The Bank Levy - Dan Dontrose - The Fundamental View

"There will be a run on the banks when the bank holiday in Cyprus is over but to even suggest that a country whose economy is the size of the state of Nebraska and factors 0.25% into the entire GDP of the Euro Zone will bring down nations and cause financial chaos is ludicrous."

I wondered why any seemingly logical, reasoning, adult would go so far out on a limb with a statement like above. But upon careful parsing I see your out.

"... suggest that a country ..." "... will bring down nations and cause financial chaos ..."

You are right. Cyprus did NOT get the world's economy this messed up. Furthermore, it was not Cyprus that gleefully shouted, "Seize the people's savings."

No Cyprus is like the proverbial child that refused to eat his peas and is now being sent to bed. It is the parents that are going to create the drama. Ever notice how the drama always escalates until you reach the climax of the movie? How will this movie end?

Commenté il y a 4256 jours

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Début de l'article :As I tweeted over the weekend, the world seemed to be getting worked up about the Cyprus developments over the weekend but what many people were failing to consider on Sunday night when we saw pre-market futures trading significantly lower, was that the deal still had to be voted in parliament. Today the parliamentary vote took place and in an unanimous vote, members of parliament rejected the deal. The country has not gone broke and while there will certainly be be taking their money out of th... Lire la suite

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