Of
course, given that the exact details of just how much the over 100,000
Euro accounts will be hit, it is hard to call this 40% robbery a deal. I
suspect they are announcing a deal as a ploy to prop up the world
markets and deter massive withdrawals from banks in Europe and the US
today......already states and investors are demanding physical delivery
of gold....given that 90% of the 'gold' sold is paper or digits in a
puter a lot of inverters could be left with IOU's.
Before the European Union, Cyprus, like most of Europe, had a
healthy economy and sound conservative banks. Today, after years of
servitude to a private central bank issuing the Euro as loan at
interest, Cyprus, like most of Europe, is all but destroyed, its people
impoverished, its national assets stripped off and privatized. Innocent
depositors (the last standing with assets) will pay the losses while the
guilty private bank owners' profits are protected and to add insult to
robbery they will be ENRICHED for THEIR bad investments.
When big bank profits are protected and the people forced to pay for
the losses, Europe has once again fallen into fascism by classic
definition.
If you don't understand anything else about the banking crisis, understand this; All
the bailouts, the wealth confiscation, the quantitative easing, stock
market rigging, gold suppression/rehypothication and the looting of the
people's assets is for naught! None of these actions will change the
ultimate outcome of this crisis (or the larger one to come soon) one
tiny iota, as long as the infernal machine that plunged the world into
unpayable debt with private central banks issuing all of the public
currency as a loan at interest (which by design produces more debt than
money with which to pay that debt) are allowed to continue their
nefarious operations....we are ALL at their mercy and may be robbed of
money and property and freedom by them at any time....
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