Wow, they are really going to T off the wrong crowd. 40% haircut on depositors holding more then $130k. Supposedly reported by Agence France Presse, not sure how credible the numbers are.
Cyprus deal 40% haircut
- Thread starter mastacoli71
- Start date
Expected!
http://www.newsru.com/finance/25mar2013/zasedanie.html
depositors of laiki bank -40%. bank of cyprus-20%, rest of the banks-deposits over 100K -4%
less than 100K-nothing.
http://www.marketwatch.com/story/japan-stocks-jump-after-reports-of-cyprus-deal-2013-03-24
Japan stocks jump after reports of Cyprus deal
http://www.newsru.com/finance/25mar2013/zasedanie.html
На данный момент ожидается, что потери крупных вкладчиков в подлежащем ликвидации Кипрском народном банке (Лайки банксоставят до 40%, в Банке Кипра будет собран единовременный налог в 20%, а в остальных банках этот сбор со вкладов свыше 100 тысяч евро составит 4%. Вклады ниже 100 тысяч евро должны остаться нетронутыми.
depositors of laiki bank -40%. bank of cyprus-20%, rest of the banks-deposits over 100K -4%
less than 100K-nothing.
http://www.marketwatch.com/story/japan-stocks-jump-after-reports-of-cyprus-deal-2013-03-24
Japan stocks jump after reports of Cyprus deal
Another handout for the bankers.
i'm not sure wtf is going on. one of the possible outcomes been mentioned is pre WW2 situation(USA!USA!)
with idea is that the history will repeat itself..
when there is a mess everywhere(japan,europe)-money will flow into US ! yuppie!
one problem-(imo) at this point of the game-US doesn't really need any money from outside. Benny and Co can print whatever the f*** they want.
with idea is that the history will repeat itself..
when there is a mess everywhere(japan,europe)-money will flow into US ! yuppie!
one problem-(imo) at this point of the game-US doesn't really need any money from outside. Benny and Co can print whatever the f*** they want.
It's time they lose. Fuck them. Iceland did the right thing.
The whole system is corrupted by these bitches.
How do you conclude that from the deal? I find your conclusion bizarre given that all insured accounts < 100k EUR were left untouched. Aside the fact that there were certain individuals "in-the-know" and moved billions out of the country a week before the issue surfaced, I would say the deal cuts deepest into the pockets of Russians and the wealthy. Maybe you wanna think before you come out with your comical comments.