The Great Cyprus Bank Robbery
• Lewrockwell.comThe dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking.
Contents Pages by Subject
Economy - International
Peter Schiff: We're Headed To A Currency Crisis One Way Or Another - CNBC
• youtubeCEO of Euro Pacific Capital Peter Schiff's latest gold call. As gold posts its first back-to-back quarterly losses since 2001, is the metal ready for a comeback?
Cyprus: Where Things Stand
• video.cnbc.comCyprus: Where Things Stand
Weimar vs USA: The Fall Of The Second Empire Of Debt
• zerohedge.comWhile being distracted by the developments of this insolvent European sovereign or that, coupled with increasingly prevalent episodes of deposit confiscation, is all the rage these days, the fundamental problems summarized by these three simple words
Cyprus Parliament President Says "No Future" Under Troika, Calls For "Iceland" S
• zerohedge.comJust last week Yiannakis Omirou, Cypriot House of Representatives President, was calling for the nation to accept it is "time for responsibility" as they progressed towards a final solution;
Cypriot President's Family Transferred $10+Million to London Before Deposits Seized
• http://www.dailypaul.com/280238/cypriot-presidentsCyprus President's Family Transferred Tens Of Millions To London Days Before Deposit Haircuts
IMF team to arrive in Egypt on Wednesday for loan talks
• ReutersAn IMF delegation will arrive in Egypt for talks with the government on a $4.8 billion loan, a government spokesman said seeking to easing a deep economic crisis. Egypt would not seek any emergency loan from the International Monetary Fund
Big depositors in Cyprus to lose far more than feared
• ReutersUnder conditions expected to be announced on Saturday, depositors in Bank of Cyprus will get shares in the bank worth 37.5 percent of their deposits over 100,000 euros, the source told Reuters, while the rest of their deposits may never be paid back.
EU, IMF resisting Greek bank NBG's takeover of Eurobank
• ReutersGreece's international lenders have asked Athens to halt National Bank's takeover of rival Eurobank, worried that the resulting lender would be too big for the state to deal with, two bankers close to the talks told Reuters on Saturday.
'Run for the Hills' Now, I'm Doing It: Jim Rogers
• www.cnbc.comThe EU/IMF raiding bank accounts in Cyprus to bail out the country's financial system sets a dangerous precedent and investors should "run for the hills" said investor Jim Rogers, chairman of Rogers Holdings
This Is What It Feels Like To Have Your Life Savings Confiscated By The Global Elite
• www.activistpost.comAs you will see below, there are small businesses and aging retirees who have been absolutely devastated by the wealth confiscation that has taken place in Cyprus.
BitCoins Give Birth to a New Age
Bob PodolskyMake no mistake. Thanks to BitCoins, the status quo is doomed – and a new age of freedom is at hand. The tiny elite group of people who run the world today don’t know it yet, but their power is finally at an end. They are like zombies – the walking d
Cyprus Can Learn From Iceland
• arcleinAs the Eurozone financial crisis continues to plague the island nation of Cyprus, its citizens are receiving a crash course in how an out-of-control banking industry and its corrupt banksters can bring an entire economy to its knees.
So, What’s It Like To Have a Business in Cyprus Right Now?
• www.prisonplanet.comHere’s an account (literally) - Writes the owner: The most of circulating assets on our business Current Account are blocked.
'Run for the Hills' Now, I'm Doing It: Jim Rogers
• CNBC"I for one, am making sure I don't have too much money in any one specific bank account anywhere in the world, because now there is a precedent," he said. "The IMF has said 'sure, loot the bank accounts' the EU has said 'loot the bank accounts'
Bitcoin Bubble 2.0: “From A Monetary Standpoint...
• http://bullmarketthinking.com...—It’s On Par With The Stuff You Find At Chuck E. Cheese’s”
What Is the REAL Euro End Game?
• The Daily BellInstead Of Doing His Job, Jeroen Dijsselbloem Has Given Us A Glimpse Of The Euro 'End Game' ...
When Will Deposit Haircuts Take Place In Other European Countries?
• zerohedge.comWhen all is said and done, what happened in Cyprus over the past two weeks, is nothing but the culmination of re-marking the "assets" in the country's financial system ....
New BRICS Development Bank Announced
Stephen Lendmanbanking
Deposit Confiscation
• arcleinThe EU had warned that it would withhold €10 billion in bailout loans, and the European Central Bank (ECB) had threatened to end emergency lending assistance for distressed Cypriot banks, unless depositors – including small savers – shared the cost o
Cyprus: Once Again, For Those Who Are Sleeping
• http://market-ticker.org,I know it's considered impolite to repeat yourself but you need to at times like this because the commentary on the Cyprus situation continues to miss the mark to the point that it appears to be intentional.
The ECB's Cash-Copter Arrives In Cyprus
• http://www.zerohedge.com, by Tyler DurdenIs Bernanke, thanks to tens of thousands of flight time hours, piloting? And is Greenspan his co-pilot? Inquiring minds want to know.
Cyprus Banks Set To Reopen, To Serve As Glorified ATMs With A €300 Cash Withdrawal Limit
• http://www.zerohedge.com, by Tyler DurdenTomorrow Cyprus banks will reopen sometime around noon (they are supposed to close at 6 pm but likely will close far earlier). What does that mean?
The Real Doom of the Eurozone Is Italy
• http://www.slate.com, By Matthew YglesiasAfter a fun week of Cypriot depositors, Russian tax dodges, and inept Dutch finance ministers attention is back on the real problem with the eurozone.
After One Of The Greatest Stock Market Crashes Ever, Cyprus Is About To Crash All Over Again
• Business InsiderThe Cyprus stock market once had a good run.
Peak Oil Is Dead
• Business InsiderYesterday, Citi commodities analysts Seth Kleinman and Ed Morse declared that "the end was nigh" for oil demand.
YOU MAY NOT CASH CHECKS: Cyprus Announces Draconian Rules To Keep Money From Leaving The Country
• Business InsiderDow Jones has details of the new capital controls that Cyprus will impose on its banks when they re-open in order to prevent a full-fledged bank run.
Will Your Bank Account Be 'Cyprused' Next?
• Lewrockwell.comU.S. stocks continued mostly going up last week.
This Is How A Country Ends: Not With A Bang, But A Bailout
• zerohedge.comCurious how in the New Normal a nation is brought to its untimely end without a single shot being fired?
G4S Readies Guards as Cypriot Banks Prepare to Open
• www.cnbc.comA British security firm that transports cash for Cypriot banks is working round the clock, sending teams out with police protection to stock bank machines and readying guards for when banks reopen on Thursday.
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