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Bulldozer Parks Outside A Cyprus Bank - Full Video

Tyler Durden's picture


The logical question comes next: why is there a massive bulldozer parked outside a (just "bailed out") Cypriot bank? Well, if up to 9.9% of your money was suddenly and without warning stolen by your bank (pardon, forcefully "reinvested" in the equity of the same bank) and the rest was completely inaccessible, you too would probably park your bulldozer in front of said bank.

In other news, we are 9.9% of the way there:


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Sat, 03/16/2013 - 12:18 | 3335252 PaperBear
PaperBear's picture

The silver coin in my pocket looks extremely shiny right now.

Sat, 03/16/2013 - 12:23 | 3335271 XenoFrog
XenoFrog's picture

Yeah no kidding. My stack has never looked so safe as it does this morning.

Sat, 03/16/2013 - 12:27 | 3335287 Pool Shark
Pool Shark's picture



Bitcoin is now offering a special on all new accounts from Cyprus:



Sat, 03/16/2013 - 12:28 | 3335292 XenoFrog
XenoFrog's picture

bitcoiner scammer

Sat, 03/16/2013 - 15:05 | 3335727 fuu
Sat, 03/16/2013 - 12:33 | 3335309 StarTedStackin'
StarTedStackin''s picture

BITCOIN = The New Pet Rock!

Sat, 03/16/2013 - 15:17 | 3335750 TPTB_r_TBTF
TPTB_r_TBTF's picture

more along the lines of a Tamagotchi.

Pet rocks were a lot easier to care for.

Mon, 03/18/2013 - 21:38 | 3345421 StarTedStackin'
StarTedStackin''s picture

-7 MFers bought pet rocks also!

Sat, 03/16/2013 - 12:57 | 3335391 GrinandBearit
GrinandBearit's picture

Another pathetic bitcon shill with a vested interest. 

How desperate you bitcon shills are.

Sat, 03/16/2013 - 13:36 | 3335478 negative rates
negative rates's picture

Yea but if they start making those things out of PM's, they could drain your savings faster than a customerless business.

Sat, 03/16/2013 - 13:51 | 3335491 The Big Ching-aso
The Big Ching-aso's picture

At least it's not one of those Soylent Green front-loader dump trucks.

Sat, 03/16/2013 - 14:18 | 3335589 El Oregonian
El Oregonian's picture

Not as of yet, anyway...

Sat, 03/16/2013 - 20:52 | 3336750 Mike in GA
Mike in GA's picture

Yeah, once they get your money, why keep a useless eater around? 

Soylent Green and Imported Pork - from China, of course.   Yum yum!

Now we see a little more clearly why the DHS needs a LOT of bullets.

Sat, 03/16/2013 - 14:08 | 3335557 riley martini
riley martini's picture

Bitcoin the alternative to fiat currency and yet you can buy bitcoins with fiat currency .

Sat, 03/16/2013 - 15:01 | 3335718 FreeMktFisherMN
FreeMktFisherMN's picture

I honestly have not looked much into 'bitcoin', but would never touch it with a ten foot pole. Precious metals have intrinsic value, which is that they store value. (as well as their industrial properties, too).


Bitcoin strikes me as this NWO type mark of the beast chip. The internet is not safe. It might be marginally better than using a credit card, but the whole reason I buy PMs is to store wealth, and I wouldn't go the bitcoin route. 

Sat, 03/16/2013 - 15:42 | 3335810 stacking12321
stacking12321's picture

you are entirely missing the point, as do most on this site who are critical of bitcoin.

the point of bitcoin is NOT savings or appreciation, use gold & silver for that!

the real value of bitcoin is that it lets you move wealth outside of govenment controls and restrictions, across borders, etc.

so, yes, i save in silver, but i'm  glad that bitcoin is around for me to use to circumvent govenment controls and tracking, i will buy bitcoins when and as i need to use them.


Sat, 03/16/2013 - 15:47 | 3335825 FreeMktFisherMN
FreeMktFisherMN's picture

but you're still relying on a counterparty to keep it 'anonymous.' And for those who lament that the average person has not clue about the value of silver/gold and that they've been money for thousands of years, even more so they wouldn't have a clue about/trust something called 'bitcoin.' At least people in general know gold is valuable (though evidently not enough that they think about saving in terms of it instead of FRNSs). 

Sat, 03/16/2013 - 15:53 | 3335842 stacking12321
stacking12321's picture

how are you relying on a counterparty to keep it anonymous?

please explain.

the counterparty doesnt know who i am in the first place.

check out the bitcoin FAQs to see how bitcoin works.

Sat, 03/16/2013 - 16:16 | 3335923 FreeMktFisherMN
FreeMktFisherMN's picture

bit coin is not something tangible. It just does not strike me as trustworthy. My savings will continue to go into phyzz PMs. As far as transactions, I will hold my nose and use cash. 

The idea might be fine, but who's to say .govt couldn't clamp down on that? And unlike phyzz gold, you can't defend it, as you don't have anything but electronic digits. I'm not totally demeaning the idea, mind you. I just want no part of this risk. The financial conditions today are tense enough, and I don't want to be in electronic systems. To each his own.

Sat, 03/16/2013 - 16:33 | 3335990 toys for tits
toys for tits's picture

What are you going to do when there are so many Bitcoin users that it will be required to report your transactions on your IRS form, just like people who have to report out of country assets?


I haven't looked in to Bitcoin that well, but it reminds me of the torrents that many have used for file sharing movies and photos and such.  The governments now have trackers for torrents and can tell what files are being transferred. They use these trackers in LE and have caught many people transferring illegal pron.

Sat, 03/16/2013 - 17:49 | 3336226 EscapeKey
EscapeKey's picture

i'm still yet to hear a credible way for governments to clamp down on bitcoins, which doesn't essentially involve crashing the internet.

but invest a you see fit. no-one's forcing you either way.

Sat, 03/16/2013 - 19:57 | 3336592 FreeMktFisherMN
FreeMktFisherMN's picture

I want a readily accessible store of wealth on my hands that is portable. Of all the people I know aside from cyber/ZH, not one probably has even heard of bitcoin. At least when I talk about gold and the prudence of saving in terms of ozt. they somewhat have a clue that gold is something of value.

Sun, 03/17/2013 - 02:26 | 3337353 stacking12321
stacking12321's picture

it's clear from your comments that you don't really understand what bitcoin is, or how it works, and you really don't want to understand.

being critical of bitcoin is fine, if you have a valid criticism, and there are some, but you should understand what you are talking about.

Sun, 03/17/2013 - 18:08 | 3339939 nc551
nc551's picture

Every 'bitcoin' has a full history.  There was a white paper showing how they could track a bitcoin theft.  Every coin was accounted for even though it was split up and spread through hundreds of 'anonymous' accounts.   This is all good and anonymous until you have to withdraw it or spend it somewhere that requires your personal information.  If you anonymously acquire them and spend it on services allowing anonymity or do face to face bitcoin-for-goods transfers you may be safe.  Otherwise you will inevitably leave a trail somewhere.

Sat, 03/16/2013 - 12:31 | 3335301 Irelevant
Irelevant's picture

If SHTF silver and gold will get you arrested, or taxed 95%. Its a very good investment, I used to have some until I lost it all on a boating accident. However, in a collapse scenario gold will most likely get you arrested or you will have it confiscated. If we are talking FIAT I say the last one standing is the US dollar. Would you invest in rubles? yuan? yen? euros? Fuck no! Large army=US dollar. 

Sat, 03/16/2013 - 12:33 | 3335308 XenoFrog
XenoFrog's picture

if the SHTF, arresting some guy for trading a silver coin for some food will be the least of a dying US Government's worries. They'll be way too busy trying to stop rioting mobs of former food stamp recipients.

Sat, 03/16/2013 - 12:43 | 3335341 OutLookingIn
OutLookingIn's picture

Most "food stamp" recipients will be the initial occupants of the FEMA camps, with the exception of those that DHS hires to "guard" the others! Great tool for compliance - No go? No food!

So much for the rioting mobs idea.  

Sat, 03/16/2013 - 12:45 | 3335351 XenoFrog
XenoFrog's picture

Good luck stuffing 47 million people into FEMA camps. Talk about a logistical nightmare...

Sat, 03/16/2013 - 12:52 | 3335371 centerline
centerline's picture

That herd is the self-liquidating type.

Sat, 03/16/2013 - 12:54 | 3335380 OutLookingIn
OutLookingIn's picture

Most of Detroit is essentially a FEMA camp now! Just multiply that a number of times with the imposition of martial law and inforced by DHS (5 billion rounds of 40 cal purchased), backed up by the military.

Military won't fire on citizens you say? Can you say Kent State? I knew you could.   

Sat, 03/16/2013 - 14:38 | 3335655 EINSILVERGUY

Ok so a little persepctive. National Guard in 1970 were not standard military. They were weekend warriors and barely out of ROTC or basic drill.  Not the same now with many of the guard former active military. The degree of professionalism is higher.  The military will stand down. You don't have to worry about them. 1100 ex special forces have signed petitions to uphold and defend the constitution. What you need to worry about are the para military DHS, FBI, ATF and local law enforecement that has thrown in with them.  As long as the military stands down the citizenry can hold off the alphabets.

Sat, 03/16/2013 - 16:12 | 3335907 BidnessMan
BidnessMan's picture

The Alphabet guys will soon fade away - see New Orleans Police after Katrina. They quickly got focused on protecting their own homes and families. The only thing that restored order was the arrival of outside troops and LE from unaffected areas outside the hurricane impact area. Guys who knew their own families were safe back home.

But if it hits on a national scale, there will be no Calvary riding over the hill.

Sun, 03/17/2013 - 22:42 | 3340819 Zymurguy
Zymurguy's picture

That's why we have the DHS... they are growing this agency into a standing army.

Sat, 03/16/2013 - 16:31 | 3335984 sun tzu
sun tzu's picture

You think 100 million citizens won't fire back? They can't even handle Iraq, but they can handle the entire US? How long will the military last without logistical support? They require food, fuel and ammo from the citizens.

Sat, 03/16/2013 - 19:14 | 3336437 g speed
g speed's picture

bingo--and a new supply of troops---

Sat, 03/16/2013 - 12:55 | 3335382 Hulk
Hulk's picture

No camps necessary when you have 22,000 tons of hollow points...

Sat, 03/16/2013 - 13:03 | 3335408 OutLookingIn
OutLookingIn's picture

'four dead in Ohio...'

'there's a man with a gun over there...'

Sat, 03/16/2013 - 14:02 | 3335531 francis_sawyer
francis_sawyer's picture

I figure a country only has about one 'Executive Order 6102' in its arsenal [which only has limited success anyway]... After that ~ it becomes 'Molon Labe'...


6102, in a society that had no internet, & whereby the citizens, more or less, actually still trusted the government, was a 'low hanging fruit' picking expedition... It wouldn't work a second time around, &/or would net little or nothing...

Nope ~ the only way of getting phyzz back in the vaults now is to counterfeit as much joobux as possible & buy what's left off the open market [while playing a little gymnastics with 'price fixing' on other commodities for as long as you can extend the game]...

Sat, 03/16/2013 - 13:04 | 3335410 Sudden Debt
Sudden Debt's picture

free hotdogs... and there will be 100 million trying to get in... people will hire coyotes to get in...

Sat, 03/16/2013 - 14:27 | 3335624 DoChenRollingBearing
DoChenRollingBearing's picture

+ another one, top form today SD!

Sat, 03/16/2013 - 13:20 | 3335444 Rustysilver
Rustysilver's picture

See New Olreans Super Dome after Katrina. It will make sense.

Sat, 03/16/2013 - 14:29 | 3335631 toady
toady's picture

Katrina really changed my thinking. How could those heathens do that to the superdome?

But seriously, who really thinks there are/will be FEMA camps? FEMA will just set up in a arena in the cities and that will keep the poor as close to the free food as they can get. The farther they are from the distribution point, the more likely they will be forced to deal with a warlord of some sort.

FEMA camps way out in the boondocks? The people scrambling to get into and out of 'superdome' FEMA distribution points without getting killed will be praying for relocation to camp sunshine.

Sat, 03/16/2013 - 15:23 | 3335765 TPTB_r_TBTF
TPTB_r_TBTF's picture

Locations of FEMA camps

Choose wisely.

Sat, 03/16/2013 - 15:55 | 3335846 toady
toady's picture

Yeah, that stuff is bullshit.

Some of it maybe real, but that stuff will mostly be military housing when TSHTF. The old military bases are a dead giveaway, and everything else is just conjecture or outright lies.

Trim out everything that isn't a EX-AFB and rename it 'halliberton, raytheon & blackrock housing'

Sat, 03/16/2013 - 16:32 | 3335989 sun tzu
sun tzu's picture

How do they fit 3 million people in an arena made for 18,000 people? 

Sat, 03/16/2013 - 17:24 | 3336152 toady
toady's picture

They don't.

They simply distribute food to the 3m people from there while the city burns around them.

Fewer and fewer people show up until, amazingly, the problem solves itself!

These 'FEMA camps' will house paramilitary personnel and defense contractors who are valuable to the MIC.

Setting up something for ordinary consumers? Why do that when eliminating consumers cuts back on consumption?

Sat, 03/16/2013 - 13:36 | 3335479 Buckaroo Banzai
Buckaroo Banzai's picture

Um...yeah. They won't have to worry about "stuffing" 47 million in the camps, they'll be lining up to GET IN. "3 hots and a cot" is gonna look GREAT to the Foodstamp Nation when the EBTs stop working. Just check your guns and your rights at the gate, and come on in!

Sat, 03/16/2013 - 13:53 | 3335515 sunnyside
sunnyside's picture

When no longer useful or needed as a voting block, there will be a war to thin them out to an manageable number.

Sat, 03/16/2013 - 12:47 | 3335361 WTFx10
WTFx10's picture

Or protecting the banksters from Gun Owners?  Think of the children !

Sat, 03/16/2013 - 13:02 | 3335402 FoeHammer
FoeHammer's picture

I would stress the positive attributes that come along with physically holding PMs- No counter party risk, reliable and well tested store of value, llimited supply, well known etc etc.

However, Irelevent is right, there are unknown risks to owning PMs in a future chaos situation. Anything can happen. Chew on it this way, thinking of additional risks causes you to think of additional precautions.

Take Care

Sat, 03/16/2013 - 13:16 | 3335433 Rustysilver
Rustysilver's picture

You mean like in NYC right now.

Sat, 03/16/2013 - 13:01 | 3335397 Manthong
Manthong's picture

Well, they don’t have a clue as to how to express displeasure using a bulldozer.

This is the AMERICAN way to do it..

Sat, 03/16/2013 - 14:13 | 3335566 Pure Evil
Pure Evil's picture

So, where's Obama's drone with a hellfire missile when you need it?

Sat, 03/16/2013 - 14:45 | 3335674 Manthong
Manthong's picture

Hmm.. that was like eight years ago.. it's a sure thing they don't want one to be too far away anymore.

Either that or an L.E. armored "surplus" Apache. 

Sat, 03/16/2013 - 14:22 | 3335600 El Oregonian
El Oregonian's picture


Sat, 03/16/2013 - 14:24 | 3335615 El Oregonian
El Oregonian's picture

I wish mine wasn't lost in that terribly unfortunate boating accident...

Sat, 03/16/2013 - 12:36 | 3335322 StarTedStackin'
StarTedStackin''s picture

On top of that. I can firmly grasp a ten oz bar and whack someone in the head with it, or fling it like a projectile!

Sat, 03/16/2013 - 13:46 | 3335498 Holleyman
Holleyman's picture

Or cast 170 grains of it and fling it with 11 grains of Unique under it

Sat, 03/16/2013 - 13:41 | 3335485 Silver_K-9
Silver_K-9's picture


Sat, 03/16/2013 - 15:34 | 3335798 Wile-E-Coyote
Wile-E-Coyote's picture

Is that a Russian Mafia bulldozer?

Sat, 03/16/2013 - 12:18 | 3335256 Desert Irish
Desert Irish's picture


Sat, 03/16/2013 - 12:18 | 3335257 LetThemEatRand
LetThemEatRand's picture

If you did that in the U.S., you would be charged under an anti-terrorism law and sent away for life.  Hmmm, I wonder if that's what they had in mind when they passed those laws.....

Sat, 03/16/2013 - 12:26 | 3335279 JPMorgan
JPMorgan's picture

That's if you survive the gun-ho ' fill them full of bullets and ask questions later ' U.S cops.

The old Bill Hick's parody ' you all saw... he had a gun '.

Sat, 03/16/2013 - 12:23 | 3335265 ebworthen
ebworthen's picture

Let the Great Banker War of 2013 commence.

Be considerate of your public sanitation workers, hanging a banker is a lot less messier than beheading or drawing and quartering one.

Sat, 03/16/2013 - 15:28 | 3335780 css1971
css1971's picture

Solve the looming energy crisis. Burn a banker today.

Sun, 03/17/2013 - 10:54 | 3338058 Reptil
Reptil's picture

that's why guillotines were invented.

efficient, easy to maintain, and can be operated by unskilled personell.

no, really, the mainstream media here (in the Netherlands) is blabbering about "austerity needed in Cyprus, to prevent high government debt"

(NRC Next)

not a peep how these "government debts" came to be. according to the newspaper the "one time tax on account holders" will give them a stake in the bank.

eeeeeeeeh WHAT?

stupendous really... it shows they're REALLY REALLY scared that Joe Public will finally grasp the situation.

Sat, 03/16/2013 - 12:23 | 3335272 Stonedog
Stonedog's picture

While I am usually opposed to violence, how much more entertaining and effective would this message have been if the driver had taken the bulldozer and smashed his way INSIDE the bank...

Sat, 03/16/2013 - 12:27 | 3335283 uranian
uranian's picture

When you are offered no legal recourse to the theft of your money, it's certainly not immoral to recover your funds. Use of a bulldozer is just added entertainment in my mind :) (perhaps the proper thing to do would be to empty the cash machine, then pay for the window, invoking the broken window nonsense if any bankers wander by)

Sat, 03/16/2013 - 12:46 | 3335356 IridiumRebel
IridiumRebel's picture

You just described KrugFucker's wet dream.

Sat, 03/16/2013 - 16:37 | 3336001 auric1234
auric1234's picture

What funds? There's nothing inside the bank for you to recover. The funds are just 1s and 0s and they're someplace else.


Sat, 03/16/2013 - 12:23 | 3335275 Flounder
Flounder's picture

The military does this to block entry control points during times of elevated threat levels.  Large heavy equipment makes for formidable barrier which can be moved quickly.

Sat, 03/16/2013 - 12:44 | 3335346 IridiumRebel
IridiumRebel's picture

I believe you're right. This screams military.

Sat, 03/16/2013 - 12:26 | 3335280 Dagny Taggart
Dagny Taggart's picture

How creative, the Tonka truck revolt.

Sat, 03/16/2013 - 12:27 | 3335285 IridiumRebel
IridiumRebel's picture

Kinda renders "gorilla glass" worthless. Wake me when he drives the fucking thing through the front door.

Sat, 03/16/2013 - 12:29 | 3335295 uno
uno's picture

I can see Banzai having the Cyprus bulldozer in his image library already

Sat, 03/16/2013 - 12:33 | 3335310 yabyum
yabyum's picture

Nothing sez I wanna make a withdrawal like a D-9 cat in the drive through.

Sat, 03/16/2013 - 13:46 | 3335497 youngman
youngman's picture

I hear its an easier way to insert your ATM card...using a D-9 to lightly push it in the slot....

Sat, 03/16/2013 - 22:05 | 3336956 StychoKiller
StychoKiller's picture

Hmm, Weimar Germany had its wheelbarrows, now Cyprus has up in Europa: Caterpillar 797!

Sat, 03/16/2013 - 12:34 | 3335314 DoChenRollingBearing
DoChenRollingBearing's picture

I'd better keep my moments ago promise to ZH, to try my BAC ATM card to see if it is working, at the other thread someone wrote their ATM cards are not...

Sat, 03/16/2013 - 12:40 | 3335333 yabyum
yabyum's picture

Do chen, Please let us know! Are you in Peru?

Sat, 03/16/2013 - 13:01 | 3335399 DoChenRollingBearing
DoChenRollingBearing's picture

USA, leaving now!  Back as soon as possible.

Sat, 03/16/2013 - 13:46 | 3335499 DoChenRollingBearing
DoChenRollingBearing's picture

ATM card worked OK.

Sat, 03/16/2013 - 13:54 | 3335514 DoChenRollingBearing
DoChenRollingBearing's picture

Dupe, sorry, from cellphone...

Sat, 03/16/2013 - 12:42 | 3335338 IridiumRebel
IridiumRebel's picture

Fuck Bank of Satan. I dropped them in 2011. Now I'm in a small regional. Less fees.

Sat, 03/16/2013 - 12:36 | 3335320 lunaticfringe
lunaticfringe's picture

I watched the whole vid Tyler but I couldn't understand a word they were saying. The first one made perfect sense.

Sat, 03/16/2013 - 12:38 | 3335328 morning_glory
morning_glory's picture
Sat, 03/16/2013 - 12:46 | 3335330 pashley1411
pashley1411's picture

I'm sick having to listen to the gold-confiscation doomers. 

If you have something of value, the government will want to take it, if you have nothing of value, your safe.    Guns, gold, gas, just expect the knock on the door, don't act surprised, don't let them in.

There, happy?   

Sat, 03/16/2013 - 13:29 | 3335468 EscapeKey
EscapeKey's picture

Don't let them in?

Yeah good luck with that. Then they'll break down the door, confiscate all your belongings, and throw you in jail for 500 years for aiding terrorists.

Sat, 03/16/2013 - 12:43 | 3335343 Atomizer
Atomizer's picture

Bullish for Caterpillar



Sat, 03/16/2013 - 14:32 | 3335638 Wakanda
Wakanda's picture

How about a D11T Cat?

That'll git 'er dun!

Sat, 03/16/2013 - 13:11 | 3335358 Atomizer
Atomizer's picture

Let’s cut to the chase, the Newz was not broke on your sleazy pay per view MSM cable channels. Shall we begin? <------ Muppets breaking newz

 Update on Europe


This IMF video explores the role of balance sheet stresses— household, corporate, bank and government— as a source of weakness in demand, as well as spillovers to emerging markets in the east.

What you’ll learn from the IMF link above, Periphery and Core have a massive anal fissure. No one will help them advance society. They have to collapse first. Then the process of advancement begins. End of Story!


Sat, 03/16/2013 - 12:58 | 3335393 Edward Fiatski
Edward Fiatski's picture

When I tried to open a current account in Bank of Cyprus 3-4 months ago, the manager kept steering the discussion away from it, giving absurd reasons as to why I should, instead, open a 6 months deposit account with them. (With no early withdrawal clause)

Can you say "UNDERCAPITALISED", bitchez? LOL

Sat, 03/16/2013 - 13:02 | 3335398 machineh
machineh's picture

Cyprus pulls an Argentina ... 'part of your deposit are belong to us.'

But this ain't LatAm, it's the freaking rich EURO ZONE.

As Soc Gen commented, a Rubicon has been crossed.

'Mother, should I trust the government?'

Sat, 03/16/2013 - 16:42 | 3336016 toys for tits
toys for tits's picture

Absolutely right.

The Argentinians don't share a common currency with anyone else.  That's the game changer that will only be reversed on Monday when they'll come out and say 'just kidding on that account confiscation shit.'

The bailout difference will be made up by the Fed as ZH has documented happened so many times before.

Sat, 03/16/2013 - 13:03 | 3335405 Seasmoke
Seasmoke's picture

i still understand why Feinstein is trying to get the GUNS !!!!

Sat, 03/16/2013 - 13:06 | 3335414 lotusblue
lotusblue's picture

Tyler,you must have been out last night at that private bankers club you told us about.

This IMF cyprus depositor levy news broke 1:30 am EST -9 hours late to the news cycle?

The Old TYLER DURDEN was all over this stuff !

Sat, 03/16/2013 - 13:12 | 3335424 Tyler Durden
Tyler Durden's picture

From 17 hours ago:

Sat, 03/16/2013 - 13:20 | 3335443 Atomizer
Atomizer's picture



         / \
        |   |
        |   |
      _ |=-=| _
  _  / \|   |/ \
/ \|   |   |   ||\
|   |   |   |   | \>
|   |   |   |   |   \
| -   -   -   - |)   )
|                   /
\                 /
  \               /
   \             /
    \           /
     |         |

Tyler, thats how I would of handled the situtaion. Just me .. LOL

Sat, 03/16/2013 - 14:30 | 3335634 DoChenRollingBearing
DoChenRollingBearing's picture

Indeed, + 1

Sat, 03/16/2013 - 16:44 | 3336018 toys for tits
toys for tits's picture


With that extra long middle finger, you must do well with the ladies.

Sat, 03/16/2013 - 19:53 | 3336584 WallowaMountainMan
WallowaMountainMan's picture

i disagree about the 'delighted' reaction of the russians.

they are offering 'terms' to 'help'.

my hunch is that they are in way over their rich heads and have to 'save' cyprus to save their levered world.

just a guess.


Sat, 03/16/2013 - 13:07 | 3335415 Sudden Debt
Sudden Debt's picture

And the most desturbing is that the average european says: YEAH! THEY DESERVE IT!

now... it's the banks who lose the money... and the people deserve to lose it...

I wonder how they'll react when their accounts get frozen.

I feel pretty good that 95% of all my money... is not in a bank... and not in eurobills either...

Sat, 03/16/2013 - 13:07 | 3335417 Peter Pan
Peter Pan's picture

At last the TROIKA has given the world to understand what we mean when we say that gold and silver have no counterparty risk.

If precious metals don't show a decent rise on Monday, we simply have confirmation that the big boys are trying to contain the situation.

The depositor haircut is a prelude to another haircut. Once governments do omething once and get away with it, they do it again.

Sat, 03/16/2013 - 13:13 | 3335427 Atomizer
Atomizer's picture

The US drone department will protect your shit



Sat, 03/16/2013 - 13:19 | 3335442 Monedas
Monedas's picture

"I approve this image !" .... Monedas   1929     Comedy Jihad World Tour

Sat, 03/16/2013 - 13:25 | 3335456 Monedas
Monedas's picture

It looks like a bulldozer in front .... and a skip loader in back .... it's a "skipdozer" or a "bullloader" !  A Monedas first .... the first American word .... with three "L's" !   I'm so fuckin' relevant to the debate .... geeesh !

Sat, 03/16/2013 - 13:32 | 3335475 Nussi34
Nussi34's picture

They should also confiscate 10% of the money in Greece, Portugal, Spain and Ireland. Then all these idiots would stop believing that the Euro is such a great currency! Heil EURO!

Sat, 03/16/2013 - 13:45 | 3335495 Cycle
Cycle's picture

I'm surprised the bulldozer was not towing a guillotine.  Maybe that's next.

Sat, 03/16/2013 - 14:06 | 3335547 Monedas
Monedas's picture

That shining thingy in front IS a guillotine .... and can opener !

Sat, 03/16/2013 - 15:20 | 3335758 css1971
css1971's picture

Yeah it's really Guillotines we need to be setting up in front of banks.

Sat, 03/16/2013 - 13:50 | 3335509 youngman
youngman's picture

If I was withdrawing money from an ATM..I would use a bucket loader...its easier to fill the bucket that to push the money around....

Sat, 03/16/2013 - 19:16 | 3336445 Rustysilver
Rustysilver's picture


Actually, the placed I worked a long time ago, forklift did the job. You pick it up and deposit it on the back of a truck.

You want to do this quietly, preferably on the weekend.

Sat, 03/16/2013 - 13:58 | 3335527 JackT
JackT's picture

I hope he had cash for the diesel he is going to need when he takes that ride down the center if town with the cops chasing him. Kinda like the LA Tank. (I think it was LA, I'm too lazy to look it up and post a video link)

Sat, 03/16/2013 - 14:13 | 3335572 Money Squid
Money Squid's picture

San Diego

Sat, 03/16/2013 - 14:01 | 3335534 Ban KKiller
Ban KKiller's picture

I am long bulldozers and short fried pig skins. 

Sat, 03/16/2013 - 14:08 | 3335558 Monedas
Monedas's picture

"A woman is like a pineapple .... her bottom is sweeter than her top !" .... Monedas    1929     Comedy Jihad World Tour    

Sat, 03/16/2013 - 14:12 | 3335571 Money Squid
Money Squid's picture

that is not a bulldozer, that is an urban economic recovery vehicle.

Sat, 03/16/2013 - 14:15 | 3335575 riley martini
riley martini's picture

Bad place to park a bulldozer the bank will claim it as collateral . Bonus time.

Sat, 03/16/2013 - 14:17 | 3335583 Maxter
Maxter's picture

He should have parked the Bulldozer inside the bank

Sat, 03/16/2013 - 14:18 | 3335588 Fix It Again Timmy
Fix It Again Timmy's picture

For an idea as to what to expect if things break down completely, read any book on the siege of Leningrad during WWII...

Sat, 03/16/2013 - 16:38 | 3336006 Totentänzerlied
Totentänzerlied's picture

A siege by a foreign military is not analogous to a total systemic collapse.

Sat, 03/16/2013 - 14:27 | 3335623 Navymugsy
Navymugsy's picture

This bulldozer is about 1/4 mile from my apartment here in Limassol. Tuesday will be exciting to say the least. If I was a bank employee I don't think I'd be coming to work on Tuesday. Cypriots have LOTS of guns!

Sat, 03/16/2013 - 14:31 | 3335636 DoChenRollingBearing
DoChenRollingBearing's picture

PLEASE keep us informed!

Sat, 03/16/2013 - 18:12 | 3336285 Navymugsy
Navymugsy's picture

There are 3 big banks within 3 blocks of my apartment so on Tuesday morning at about 0700 I'm grabbing my camera and heading up the street. One of the banks, the Limassol co-op bank has already been pelted with eggs and coffee so I imagine there'll be quite a crowd out there Tuesday AM.


I think that most people here know that they won't have a chance of getting all (or much) of their money out but they'll probably be there to raise holy hell. Cypriots are extremely emotional people. I've never seen a bank run before so this could be very enlightening.

Sat, 03/16/2013 - 22:55 | 3337087 DoChenRollingBearing
DoChenRollingBearing's picture

Navy, if this becomes big, /gmail/ me [at] my moniker/name any photos you would like posted at my blog.

If you do, PLEASE tell exactly how you want them attributed to you (or not).

Sat, 03/16/2013 - 23:01 | 3337100 WmMcK
WmMcK's picture

pelted with eggs and coffee ...

Add bagels and you can charge for breakfast, too.

Sat, 03/16/2013 - 14:49 | 3335682 Debeachesand Je...
Debeachesand Jerseyshores's picture

Cyprus is the low fruit on the tree,just a matter of time before they work their way up the tree and then TSHTF.

Sat, 03/16/2013 - 16:18 | 3335936 22winmag
22winmag's picture

Can't wait to see that bulldozer moving on Capitol Hill.

Sat, 03/16/2013 - 16:53 | 3336041 Roandavid
Roandavid's picture

The act of parking a bulldozer in front of the bank strikes me as a demonstration of incredible restraint.

If I had a bulldozer, that happened to be directly in front of a bank that just stole my money, I'm thinking I'd be driving through that bank.  Then were I able, I think I would turn around and drive through again.

Just sayin.

The following is the great Heywood Banks who has a clear understanding of the true value of a bulldozer.

Sat, 03/16/2013 - 22:20 | 3337005 Abrick
Abrick's picture

A great example of how pussified the human race has become.

Sat, 03/16/2013 - 22:33 | 3337033 WmMcK
WmMcK's picture

Here comes the helicopter -- second time today
Everybody scatters and hopes it goes away
How many kids they've murdered only God can say
If I had a rocket launcher... I'd make somebody pay

I don't believe in guarded borders and I don't believe in hate
I don't believe in generals or their stinking torture states
And when I talk with the survivors of things too sickening to relate
If I had a rocket launcher...I would retaliate

On the Rio Lacantun, one hundred thousand wait
To fall down from starvation -- or some less humane fate
Cry for Guatemala, with a corpse in every gate
If I had a rocket launcher... I would not hesitate

I want to raise every voice -- at least I've got to try
Every time I think about it water rises to my eyes.
Situation desperate, echoes of the victims cry
If I had a rocket launcher... Some son of a bitch would die

-- Bruce Cockburn (Warren Zevon version highly recommended)

Sat, 03/16/2013 - 22:21 | 3337010 Stuck on Zero
Stuck on Zero's picture

Lets get serious.  Inflation is robbing every citizen of 6-10% of their savings every year.  Why should Cypress be any different?



Sat, 03/16/2013 - 23:59 | 3337217 ak_khanna
ak_khanna's picture

The foreign banks and lenders being backed by politicians of bigger and stronger countries and global financial institutions are insisting that the Cyprus banks repay them in full even though this is likely to push the Cyprus economy in recession in the foreseeable future.

Moneylending to Cyprus by the foreign banks and lenders was a commercial decision whereby they received a higher interest rate to compensate for the risk they took in lending to Cyprus. The losses of this mess ought to be borne by lenders who enjoyed supernormal profits in good times and knowingly took the decision to lend to Cyprus banks. The losses should not be borne by the depositers and taxpayers of Cyprus or the taxpayers of other European countries by funding endless bailouts.

The best way out of this mess for the citizens of Cyprus is default.

Sun, 03/17/2013 - 22:54 | 3340863 Zymurguy
Zymurguy's picture

The bulldozer = dead horse head in bankers/politicians bed.

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