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Pictures From A Cyprus ATM Line
For a few days, the people of Cyprus were calm, quietly and orderly accepting the unreality of the levy being imposed upon them - incredulous that it was even possible. As we reach the 4th day of bank closures, amid rolling rumors and ECB threats, it appears the people have reached a tipping point as this series of images from Cyprus ATM lines indicates - the bank-jog has arrived. When will it become a full blown sprint?
It appears the catalyst for this latest move is the ECB threat and EU concerns over the future of the two biggest insolvent banks: As AFP reports: EU calls on Cyprus to set capital controls and merge 2 biggest banks Laiki and Bank of Cyprus.
- *EU WANTS CYPRUS TO ADOPT MEASURES BEFORE BANKS RE-OPEN, ANSA
- *EU WANTS CYPRUS TO ADOPT MEASURES TO STOP DEPOSIT FLIGHT: ANSA
Via @Imeldaflattery
Via NYT
Via Sigma Live
Via @janinel83
Via @jkozakou
Source: Twitter and Fred
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it would make 'black friday' look like a tea party
I see what you did there
"I wonder what this would look like in 2013 America."
Same as it looks in Cyprus except 3 out of 5 in line will have an AR 15 or handgun, and a few will be selling t-shits that say: I trusted my fascist pig faced commie government and all I got was this stupid fucking helicopter Ben t-shirt.
We can all figure out where it goes from there when the paper stops flowing like the spice out of the ATM's...
Remember the IndyMac. The MF Global. The ........The list goes on and the people still stuff their labor in these frauds.
That would be 2 handguns and 4 spare magazines and a carry license tucked behind the driver's license. Minimum under those circumstances.
Programmers are working on the following printout as we speak:
Dear customer,
Your account has been debited by EUR 500.
Please accept this IOU in lieu of cash.
Have a nice day :)
They need some of those Gold gram ATMs over there!
This reminds me when stanford bank here in Antigua blew up. I was "working on 4 ATM's the whole night. Emtyed all of them....LOL
Would inner city nigs be as civilized?
Probably not .... they have trouble remembering their PINs !
BOSCO
"Oh, you may stray, but you'll always return to your dark master."
Or inner-city white English yobs?
I keep hoping your type will just die out; but I'm starting to fear you're some sort of ambulatory herpes and we'll be blessed with you for life.
He is absolutely correct.
I'll leave this here for your viewing pleasure. (Hope you like barnyard animals)
http://www.youtube.com/watch?v=tV3Mpmbd0lk
Priceless .... that's when you don't pay .... I couldn't believe they didn't touch the watermelons ?
Look at all the down-arrows. Gimme a break. Do you think the riots at Walmart are called Black Friday for some other reason?
Sprint to the out house ! Check for leakage ! I couldn't wait to get this out there .... I hope it's original ! "Dear Piers Morgan ! The first amendment is your right to shoot your mouth off ! The second amendment is my right to SHOOT YOUR MOUTH OFF !" Monedas 1929 Comedy Jihad World Tour
Install an IOU machine. Comes with a free slurpy.
... and the slurpy sound comes from your wallet.
The queues look remarkably small. Despite the outrage at the weekend and the comments about the impact on southern Europe, there appear to be no reports in the press of large numbers of cash withdrawals etc.
the lines in the US would be small because NOBODY HAS ANY FUCKING $ IN THE BANK
You have to admit that the expression "bank RUN" doesn't sound very enticing. Now if they called it "bank drive-thru with free milkshake" maybe it would look nastier.
I've been doing a "Bank Walk" for the past 6 months: $200 dollars cash back for every debit transaction at my favorite grocery store. I get cash back even if I buy just one carton of milk. I slowly but surely drain all the fiat from that account.
If you're waiting in line, waiting for the ATM... after they've closed the banks.... you are way too late. They're stealing your money right now... because you are forced to keep it in fiat.
EU calls on Cyprus to set capital controls and merge 2 biggest banks Laiki and Bank of Cyprus.
Brilliant, just merge everything into TBTF! Because this time it's different...
what - did you Cypriots think the bankers were just kidding around with ya'lll????
bout time you waked the fuck up...now after you find you aint gonna get your shit back i'll b expecting to see you bust some politician/banker ass...if not .........................
NO EMPATHY.............................................................
Beep Beep through a Bullhorn: Move the excavators are coming to extract the gold...you guys keep the cash, peace!
Give it a little time, wait until the 26th when the banks still don't open. That is when the fun really starts. This is just the warm up.
In the US, they could just attach the ATM to one of Bernanke's printing presses.
I already got my crisis ATM picked out. It's at a little country gas store on a state route. Do you have your crisis ATM picked out?
Yeah, it's at the 1st Bank of Mattress.
Sealy Posturpedic Trust and Loan is the Savings Account.
The back yard branch of Under The Tomato Plant savings bank.
LONG BULLDOZERS!
Beat you to it Croesus. Great minds think alike
CAT should have a good 1st Q!
There is no real panic yet because the people still have access to thier money through ATMs and the credit cards still mostly work. Most probably believe that thier government will never allow the ECB to take 10% of thier money. As long as they can still access their account and the balance shows full, all is well. Cyprus is also a test of a faith in government. People normally don't act until it is already too late. The false faith that government will be there to save you, is pervasive around the globe.
Some might be using the opportunity to purchase a ton of things on credit, believing the banks will blow up and they won't ever have to pay back the debt. If you knew Bank of America was going to blow up next week, and you had a $30k credit limit, what would you do?
Once the ATMs run dry, you'll see some panic. Which is probably why the ECB is doing everything they can to keep the machines stocked.
I'd charger er up to the limit. Question tho will vendors keep taking CC's b cuz they can't clear the charges with the banks right now...
That's not what I was told on the MSM. They didn't show any lines.
Hey, if people were really all that upset, they wouldn't be waiting in line. They'd be throwing rocks through the bank windows.
Somethins' not right.
U R right. http://www.24hgold.com/english/news-gold-silver-savers-beware-confession...
While we were getting 0% on savings, the Russian Mafia was paying 31% yield since 2008 until, last Friday. Oh, the humanity.
You won't see the man with the plan in the basement that's getting a taste for it in the lines.
One more week of this and they'll send in the helicopters to rescue people from their roofs.
Similar to our lines outside of gunshops.
Could be a line at any Best Buy here in the USA waiting for the 3 dollar discount on the new and improved iShit device.
Could be North Koreans waiting for a bowl of rice ?
Bernanke's laying low .... he's sleeping on a cot .... in the Gold Supression War Room !
Never should have given up your guns. Lesson learned.
There are a huge number of home firearms in Cyprus, and in Greece too, typically at least a family shotgun
Perhaps about 100 million privately owned civilian European guns
Funny that Americans think they are the only ones with 'guns' ... we Europeans don't bluster about them so much, but we know it is the last resort against the Nazis and fascists, with whom we have some very valuable experience ...
Facts of gun ownership and policies in countries around the world:
http://www.gunpolicy.org/
The 300 million firearms in the USA do not seem to have prevented America from going fascist ... with 2.3 million prisoners in the US concentration camp gulag, and constant theft of assets via corrupt US courts and lawyers, and things like MF Global, Peregrine and Sentinel bank confiscations ... and now guns getting confiscated in California etc.
In fact we Europeans seem much better and effective at street demonstrations, political general strikes shutting down an entire country, and political rioting ... in the USA people fear the 20-year prison sentence for 'terra-rism' so Americans stay at home with their guns no matter how bad it gets
The problem with street demos and riots across Europe is that they're carried out by people who want more socialism, not less. Take a look at their banners, listen to them being interviewed by TV news etc.
These people blame what's happened and still happening onto "capitalism". When any thinking person with an IQ bigger than a shoe size knows darned well it isn't. It is crony capitalism-corporatism, all manipulated by statist governments and their crony corporatist banksters.
Wait until the Russians turn up. Then the lines will become jumpy ~
The Russians are not looking so good .... why do they always get puff pieces .... they are about as dumb as Hillary Clinton, Jimmy Carter and Barrack Obama !
russians are not queuing, they'll transfer the billions to an offshore account as soon those banks reopens :)
They already did. You think the Cypriot bankers in high places didn't give a heads up of what was coming down the pipeline. Those guys will kill you if you fuck their money (ultimate moral hazard). Everyone knows the deal. There are 2 sets or rules, what is written and reality.
Dear Valued Cypriot Banking Customer,
All your fiat are belong to us; you have been sheared.
Sincerely,
The IMF Oompa-Loompa Brigade
Hopefully Max Keiser will be altruistic enough to sell them some bitoins and an inflated price before they become further demoized by the government, and inaccessible due to internet censorship.
BANK RUN !
must eat panda express
This Cyprus business is all BS.
http://www.24hgold.com/english/news-gold-silver-savers-beware-confession...
How do those ATMs still have money in them?
They won't for long
Because the limit is 400 euros. I was trying for 500 today but the machine would only give me 400. Lots of shops still closed and lots of shop owners don't have access to lines of credit. Cash or die!
http://www.thestar.com/news/world/2013/03/20/cyprus_seeks_russian_rescue_eu_threatens_to_cut_off_country.html
They will probably go after his widow's pension .... as a warning to others ? Geeeesh ? Russia still gets puff pieces and leftist admiration ?
Long retina-lock mattresses
Unbelievable. We've seen this market ignore Jobs, Food stamp poverty, housing and consumer stagnation, zero growth, and now a tiny country with a gigantic banking industry that is insolvent by any and all measures, that threatens a bank run in Europe - Yet, The FED WILL NOT let this market dip less than .750%. I'm completely convinced the fed response and fix, is the problem of every issue mentioned above - Not the solution!
Seems like just 2 weeks ago I was telling people they were crazy not to be buying gold here. They are still crazy not to be buying gold here.
http://www.youtube.com/watch?v=7ttKJwvFIgw
http://www.youtube.com/watch?v=w14IQB8yNNw
Most people have just 1's and 0's and a prayer, that is about to be changed to just a prayer and when the prayer falls off into the abyss, then LOOKOUT....
And, the people/govt/banksters in Cyprus have been defrauding "outsiders" for many years.
http://www.news.cyprus-property-buyers.com/2011/05/15/state-sponsored-fl...
Let it burn.
Looks more like a stroll than a jog.
After a year of ECB austerity bluster with no teeth .... they know it's all a bluff !
ah yes, the algo's army of clustered nanobots fulfilling the labor intensive drudgery of a modest 'atm', with nigh a carbon footprint within, miraculously electrifying 1's and 0's into paper mache-- controlling the masses as they wait for the machines daily manna... knowing their mechanical 'god' is all giving and just?
couldn't help myself,
oh, the iron`ieee...
WOW There are 10s of people in line
Look! Is that Gene Rosen?!?
All this poor little Cyprus is BS.
http://www.news.cyprus-property-buyers.com/2011/05/15/state-sponsored-fl...
http://www.24hgold.com/english/news-gold-silver-savers-beware-confession...
Let it burn.
So much for European Governments solidarity. This is what happens when democratic power is taken by Central Banks, unelected ministers, and thieving banksters.
European families regardless of nationality had shed too much blood in the 20th century, to allow these parasites to dictate life and death into the 21st century. All central bankers need to be banished from doing financial business, their licenses revoked and economic power taken back by the people.
black friday bitches!
I'm hearing Obama addressing the Israeli people on CNN on my flatscreen behind me .... I'm reading these posts .... what a reality disconnect !
Oh shit, I forgot my pin number.
I wonder how many of those people know what a bitcoin is.
Ya....Well here is some Head Line News
*CYPRUS CENTRAL BANK says may contribute $560 MILLION EURO
Using GOLD RESERVES....ANA said.
So there it is out in the open.....
The ECB is after Cyprus Gold.....
Go to Bloombergnews.com and in the article "ECB Gives Funding Deadline as New Plan Sought" and under sub title a
"Gas Depsits" you can verify what I have just writen....
They Want Cyprus Gold.........!!!!
Too Fucking Much..........!!!!!
This latest 'Investment Solidarity Fund' looks like a right scam. I don't get how lending yourself money improves your finances. But then I'm no financial wizard.
Because the loan is an asset, now if you ask a freind to make a bid on the asset that is higher than it's worth and you mark to "market" then you can book a "profit", and if it doubles in "market price" the "profit" equals the debt and you can pay off the debt with the "profit", simples.
So if you lend me some money and I give it to the bank to flush down the toilet then you would still consider that loan to be an asset. Aha, I think I'm starting to understand it all now.
You could not make it up!
http://www.youtube.com/watch?v=j_0g-LImpoU
Looking at the photos - knowing that these people are standing in line awaiting economic death - couldn't help but remind me of two other iconic pictures:
1) The Eloi of "The Time Machine," trance-walking into the underground covens of those who provided them with food and material possessions - in exchange for their lives.
2) The Jews lined up to enter the gas chambers. Calm, without fight or other resistence, being led to their death.
So much is wrtitten about the "sheeple" - and with it amazement that they exist at all. Tell me, are not humans throughout all time ovewhelmingly sheeple? When presented without any other alternative action that they can effectively take to save themselves, do they not merely accept their death much as the last hours of a cancer victim?
ZH is presenting, in near-real time, history like none of us have ever seen it before. The images are replays of those we have seen over and over - but every time believing they can never be us.
It is this failure to accept the humanity of ourselves, and the ability of humans to know their fate and resist it not - that is the most chilling aspect of ZH's coverage.
There but for the Grace of God . . . ?
Or a mirror of ourselves, as we will be . . . unless we find a way to create an alternative power base to confront, and defeat, the evil in our midst?
-30-
Question 2: When will the lines start forming at the coin shop ?
didnt they hear what that fuckwit Wolfgang Schäuble's told the BBC ?
Germany's finance minister last night issued a much more dire warning: Cypriot banks may never reopen.
"The ECB (European Central Bank) has made it clear that without a reform program for Cyprus the aid can't continue. Two big Cypriot banks are insolvent if there are no emergency funds from the European Central Bank. Someone has to explain this to the Cypriots and I think there's a danger that they won't be able to open the banks again at all."
http://www.newser.com/story/164749/cyprus-banks-might-never-reopen-warns...
Are the Cypriot bank branches in Greece, that are supposed to recieve 50% of the ECB funds still open or only their ATMS still open?
Shocking that there is any $ left to withdraw at this point.
What is the solution to a problem whereby governments keep on spending more than they earn for years and finance the deficit by taking loans. Now instead of reducing spending or defaulting on the loans (which were given without due dilegence by lenders), politicians expect the people who have saved money to bear the losses, so that they can keep on enjoying their highly paid jobs and perks.
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.
http://www.marketoracle.co.uk/Article35345.html
www.letstalkmoney2012.in
... " Just like money in the Bank" ... NOT
Is this a test? How far can we go before before the torches come out?
Looks just like here in the US when we have people standing in line to buy stuff on black Friday, if they make it through the stampede.
The easy, but costliest solution is bloodshed.
Whats going on in Cyprus had/has more equitable solutions.
TPTB don't want those solutions, they want turmoil because the Cyprus situation isn't really about debt, financing, markets or money laundering.
It is about Laviathan, who gets the rights, the control and the largest share. Who gets its revenue, profits and taxes, who controls its distribution.
I wonder if Russia ends up owning the mineral rights would they conisder that a bargain?
Yes it means money and political/economic power.
As other commenters mentioned , the previous EU bail outs had knock on effects to the Cypriot economy.
The money crunchers new what those effects were going to be before hand. Previous commenters mentioned that Cyprus was an unimportant small sacrifice. The EU could play hard ball or let them sink and make an example of them.
Cyprus is however being manipulated to keep away Russian interests and increase the EU's leverage. The EU wants to be energy independant from Russia or at least further diversify who it purchases from.
The US doesn't care they are courting Isreal who also stands to benefit from Leviathan....
Hell yes. They own the banks already? Just have to put a couple of letters on Cyprussr!
But where's the riots bitchez?
if a bank run ever came to china, there won't be lines. they will trample upon each other! chinese may have become rich, but they have lost all manners under communist rule.
Few things about the photos.
1 The people of Cyprus are united in appearance and culture and language, this helps keep them cool and not start killing each other in crisis. In USA most people are already at each other's throats, with Mexicans, Asians, Blacks, Etc (even white people even hate each other thanks to media-promoted "culture wars", suggesting that your white "liberal" neighbor is the nation's problem). No loyalty or commonality, so any crisis like this and it won't take more than 2 days for things to really explode.
2 Banks in USA of course, pay zero interest, so any hint of bank closures (such as Cyprus) and people will begin collecting what cash they have, pronto. I wouldn't be surprised of there are runs on cash in USA right now.
Your point #2 is a really good question. Has the news in Cyprus started a run on deposits in the US? Has it started a run on banks in other European countries? It doesn't take much of an increase to exceed a bank's ability to cover the withdrawals.
The answers to those questions are the real nut to what the future will bring - the near future.
That line looks like the one at my local ammunition store every morning.
I was just thinking that....every Saturday morning at my favorite Gun shop....lol
These folks are so fucked and I bet they don't even realize it!
I bet they do!
Keep calm and polish your metals.
But CNBC's LIEsman said this time was different...
;-)
Ruh Roh
Private Skai TV reported Tuesday morning of some 400-500 members of the Greek Armed Forces who gathered outside the Greek Treasury that pays all civil servants demanding that it would not transfer their salaries to the Cypriot banks.
According to defense news website onalert.gr, the soldiers wanted to be paid in cash. Something that it is not possible.
Equally worried are the members of Greek police with wages accounts in Cypriot banks.
Of course, this is the raison d'etre of the whole charade, the EU wants the Cypriots and/or the Greeks to have a bankrun, while everyone else wishes it on the rest of Europe. Bullish.
Good time for that company to put those gold bar vending machines all over Cyprus...and the EU for that matter.
Vending machine spits out gold bars and coins
BOCA RATON, Fla. — If you're a shopper looking for something sparkly to put under the Christmas tree, you could skip the jewelry and just go for the gold.A German company planned to install a vending machine that dispenses gold bars and coins Friday at an upscale mall in Boca Raton, a South Florida city of palm trees, pink buildings and wealthy retirees.
The story is from 2012 but I read they have installed these in many places in the ME like UAE.
Looks like a massive rally about to start.
Geez no more bad news please. I'm underwater on my puts as it is.
Reall sad. This actually looks like a nice place.
Check out the sign in pic 4 on the building across the street.
Looks like it says "Kangaruco...you need, we give".
I think they're going to be busy soon.
Pictures of the White House being gutted and reconstructed.....
http://www.telegraph.co.uk/culture/culturepicturegalleries/9897791/Photo...
Never seen these before....
When will some violence or other shock-and-awe event magically appear to distract people. For example: https://www.google.com/search?q=athens+bank+pregnant+woman+killed
once the crowds turn ugly, this will be nato's cue to "restore order"
the banksters know exactly what they are doing....do not for a moment suppose that they fucked up or over played their hand.....
The last humilation will be when the ATM eats your card--Which it is probably now rigged to do.
"This is a test, only a test. Please do not..."
It's a shorter line than Old Country Buffet.
The Old Country Buffet line just looks longer because the people are obese and have to spread out.
Laiki Bank? No! No Laiki Bank!
These sheep seem content enough, waiting in line to collect their 260 Euros/day. It must be sort of like cattle waiting in line, wondering whether they are about to die or merely have their right testicles removed! :-)
its strange to see all the unbroken glass in the bank
As described in the book "When Money Dies" Germany added a "wealth tax" during the lead up to the Weimar Republic hyperinflation of 1922 & 1923.