Eurozone finance ministers AKA banksters are so distant from the real world they were supposedly “stunned” by the backlash over their arrogant, greedy attempt to tax Cyprus bank accounts in order to siphon money to them and the big banks.
The “bank holiday” was supposed to be for Monday only, now it’s been extended to at least today, as sympathetic detonation from Cyprus destabilizes financial markets worldwide. Maybe things have finally reached a tipping point and regular people will no longer tolerate the limitless greed of the 1% financial class.
Cyprus should do what Iceland did. Call the banksters bluff, default on the debt, nationalize the banks, and imprison any banker who broke the law. The result is that Iceland is now recovering.