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News Link • Crony Capitalism

Lew Rockwell: Sink the Banks! (VIDEO)

• Lew Rockwell blog

Thousands of Cypriots are celebrating, after the country's Parliament gave a resounding no vote to the EU-IMF bailout package. The move could have seen the government take up to 10% of people's savings, from private bank accounts - as a precondition to securing the much needed 10 billion euro loan. Now that it's been rejected, the ailing Eurozone member will have to work out another plan to avoid bankruptcy. READ MORE:

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