"A republic, if you can keep it." Defeat MAGA
"A republic, if you can keep it." Defeat MAGA
It’s difficult to see how the Eurozone can continue to exist when its most powerful nation, Germany, thinks Eurozone debtor nations should simply loot uninsured depositor bank accounts to keep loan payments coming to the banksters. But why should those…
The elites in the EU and IMF failed to learn their lesson from the popular backlash to these tax proposals, and have openly talked about using Cyprus as a template for future bank bailouts. This raises the prospect of raids…
Depositors in the bank of Cyprus are losing everything, blown up by the neutron bomb delivered by Eurothug finance ministers. Between the haircut, a worthless promise to pay interest on captured money, and swapping depositor money for shares in the…
Eurothug finance ministers are now responsible for the coming destruction of thousands of Cyprus businesses who can’t get their money out of the banks to make payroll and meet expenses. These businesses will fail, unemployment will soar, their economy is…
Confiscating the customer deposits in Cyprus banks, it seems, was not a one-off, desperate idea of a few eurozone “troika” officials scrambling to salvage their balance sheets. A joint paper by the U.S. Federal Deposit Insurance Corporation and the Bank…