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Cyprus – Russia – European Union did they work out something?

I told Sveta this morning that Russia worked things out and now we wait to see what all was laid out on the tables. For Putin has been busy with the EU and Cyprus…

I very much doubt any significant Russians will lose any money in the Cyprus issue. The EU will make a secret payment (or something or another) to Russia and Russia will compensate the key people affected and all will be happy…

Unless they (EU) fail to do as they have promised… (Big issue here!)

Remember, these headline haircuts are only in place to placate the German electorate in the mainstream press (to get Merkel re-elected).  What goes on behind the scenes will be something quite different and as illegal as what they tried to do large scale…

Does anybody believe Russia would be staying this quiet (Cyprus was here and Putin has communicated with the EU and Russia silenced the war drums!) if their citizens really had to bear any great financial loss?

Putin has also told the Russian government to refinance the Cyprus debt from several years ago, so that it will help out the situation in that aspects…

cyprusI also see that Russia has quietly whispered that it will move in and do what needs to be done if this falls through and the EU fails at its attempts. It dawned on me that Russia has the EU over a barrel-head and the silence proves it. Russia is waiting for the EU to do what she says she will do…

Bottom line is that Cyprus is history and the banks all over the world will never be looked at the same again. This will happen again and if they open the Cyprus banks back up, if they open the banks, is the best they have right now to hope for. They will most likely run and drain all the cash they can to keep this from happening again. Banks can not be trusted and “That is That!”

One day we will all be looking at this scenario, because the west is flat busted, broke, immoral and too self-centered to care about anything but the almighty fiat cash, that they shove on us as real money…

Funny how all through history, “Governments (Any governments!) come before people! Even if they started out differently! Like ours in the USA!”

Sp blame it on the banks, corporations or governments, because they are all the same in the end…

Post by Kyle Keeton
Windows to Russia…

Update: The EU has already dropped the ball and is letting things get out of hand. Russia has expressed the problem and now we watch and see what happens. Remember that Russia was asked to step aside and the EU would handle this. Russia is seeing that the EU may not be able to handle it…

One Comment

  1. igor March 25, 2013

    The terms of the latest bailout announced Sunday night are curious. The New York Times reports that, “the deal would scrap the highly controversial idea of a tax on bank deposits, although it would still require forced losses for depositors and bondholders.” Say, what? In fact, there is no material difference between the so-called “tax” and the “forced losses.” That was just semantics. The word tax had been bandied about two weeks ago when the EU first proposed that the Cyprus government might pass a legislative act skinning its bank depositors. That didn’t go down, of course, so now its just an EU mandated haircut on deposits over E-100,000 and bank bondholders. As for the deposits under E-100,000… you’re welcome to them, the catch being that the banks aren’t open for business… and the EU bailout money will not arrive in Cyprus until May. They are sending it by packet boat from Antwerp and hoping for fair winds.

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