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Furious Merkel: "Cyprus’ Decision To Test Europe Is Unacceptable"

Tyler Durden's picture





 

Europe's paymaster - that would be Germany for those who have not paid attention to events over the past four years - is not used to being snubbed. It certainly is not used to being snubbed by what every empty chatterbox and their kitchen sink will tell you is a "small and irrelevant" country (all the more so in the aftermath of last summer's embarrassing defeat in its head on confrontation with the ECB, in which the Bundesbank showed that sometimes the best offense is a gracious retreat). It most certainly is not used to not being invited to discussions involving the future of its precious mercantilist European union, especially when said union may no longer exist as we know it in 48 short hours. And Germany is angry.

From Bloomberg:

As Russia spurned the island nation’s bid for a loan, Merkel told a closed-door meeting of legislators in Berlin today that she’s annoyed the Cypriot government hasn’t been in touch with the so-called troika of international creditors for days, according to a party official who spoke on condition of anonymity because the briefing was private. Cyprus’s decision to test Europe is unacceptable, she told them.

 

“We’re not ready to accept solutions that are full of wind,” Michael Fuchs, deputy parliamentary leader of Merkel’s Christian Democratic Union, said after the meeting. “I don’t think it’s appropriate to play poker in this matter, especially when you think that there’s a risk that two banks will become insolvent next Monday.”

In other words, how dare the pesky Cypriots think a "union" is comprised of equal "units", instead of being a despotic tyrrany in which the adjusted version of the golden rule (perhaps explaining why the Buba is pulling all its French and a lot of its NY Fed gold) applies.

Germany will have none of that nonsense.

So while "experts" wait with bated breath for the results of today's Cypriot debate and vote, the reality is it is completely irrelevant, and any of the proposed terms and "resolution" ideas are irrelevant. Why? Because without Germany's blessing (which also means the idea should have originated with Germany in the first place), there is no solution, especially not one that benefits the abovementioned paymaster.

Which means either there is a deposit tax on the wealthy, which was the whole point of this carefully structured, politically punitive exercise, or there is no deal.

Because in Europe, like everywhere else, it is quid (even if it will soon be quit)-pro-quo.

 


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Fri, 03/22/2013 - 09:35 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Ze will not disobey.

Fri, 03/22/2013 - 09:35 | Link to Comment Divided States ...
Divided States of America's picture

Fuck off Bitch

Fri, 03/22/2013 - 09:39 | Link to Comment Badabing
Badabing's picture

Can you open your mouth without showing your teeth?

Fri, 03/22/2013 - 09:41 | Link to Comment duo
duo's picture

if you don't have any

Fri, 03/22/2013 - 09:42 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

And Germany is angry.

This usually ends poorly for Europe.

Fri, 03/22/2013 - 09:44 | Link to Comment Rubicon
Rubicon's picture

And there goes her re-election!

Fri, 03/22/2013 - 09:48 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Zee Germans are Fuhrerious...

No moar Euros for zee lazee Mediterranians!

Fri, 03/22/2013 - 09:48 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Frau Merkel, die anmaßend Geistig behindert Trüffelsau

Fri, 03/22/2013 - 09:52 | Link to Comment Big Slick
Big Slick's picture

How would they have time to call when they’ve been on the phone with Putin non-stop?

 

http://www.youtube.com/watch?v=6T2uBeiNXAo

Fri, 03/22/2013 - 10:01 | Link to Comment Frozen IcQb
Frozen IcQb's picture

Values are learned at home.

Angela Merkel's kid:

https://www.youtube.com/watch?v=q8SWMAQYQf0

Fri, 03/22/2013 - 10:12 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Values are learned at home.

He is (a little) older, now, and trades ForeEx for DB.

Fri, 03/22/2013 - 10:15 | Link to Comment Frozen IcQb
Frozen IcQb's picture

Now that's TFF :)

Fri, 03/22/2013 - 10:25 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

"Germany will have none of that nonsense."

We must let the tanks roll in Europe, so that they do not roll here.

Fri, 03/22/2013 - 11:23 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

"You mustn't act yourself, you must obey, you must give in, you must submit to the overwhelming need to obey...!"

Adolph Merkel 

Fri, 03/22/2013 - 10:23 | Link to Comment uncle_vito
uncle_vito's picture

Looks like me trading stocks during a Bernenke induced melt up when I am short.

Fri, 03/22/2013 - 11:34 | Link to Comment tarsubil
tarsubil's picture

That is actually Angela herself.

Fri, 03/22/2013 - 10:05 | Link to Comment Stackers
Stackers's picture

I guess Cyprus is doing what we all do when we can not pay our credit cards ..... just dont answer the phone anymore !!!

Fri, 03/22/2013 - 11:17 | Link to Comment Never One Roach
Never One Roach's picture

Cyprus is learning from Americans....

"Just walk away."

Being a Deadbeat is 'cool' these days. Much better and more finaically rewarding then being a 'Beatnik.' Just don't be the creditor/sucka holding the bag.

Fri, 03/22/2013 - 12:28 | Link to Comment eatthebanksters
Fri, 03/22/2013 - 11:30 | Link to Comment N. B. Forrest
N. B. Forrest's picture

They don't answer the phone because their busy printing up all of their own money to exchange for euros on Tuesday. 

Fri, 03/22/2013 - 09:57 | Link to Comment Muddy1
Muddy1's picture

Ja!  whatever he just said.

Fri, 03/22/2013 - 09:50 | Link to Comment Cangaroo.TNT
Cangaroo.TNT's picture

Best comment EVER.

Fri, 03/22/2013 - 09:56 | Link to Comment TeamDepends
TeamDepends's picture

You owe us some greens!

Fri, 03/22/2013 - 10:03 | Link to Comment auntiesocial
auntiesocial's picture

I would love to be a fly on the wall when zoes krazy germanz show up at the NY Fed to pick up their physical. that oughtta be a hoot!

Fri, 03/22/2013 - 10:08 | Link to Comment CrimsonAvenger
CrimsonAvenger's picture

It'll go a little something like this:

http://www.youtube.com/watch?v=VRTngtsOY8Q 

Fri, 03/22/2013 - 10:06 | Link to Comment SMG
Fri, 03/22/2013 - 11:08 | Link to Comment Chupacabra-322
Chupacabra-322's picture

@ hedgeless_horseman,

My sentiments exactly!  You know, there are these funny rumors going around that this CUNT is the test tube baby of the Leader of the Furur.

Well anyway,

I think it's about time we go IceLand and demand an orderly arrest of the Global Criminal Cabal (Intelligence/Bankster) Crime Syndicate and their leaders. 

Fri, 03/22/2013 - 11:51 | Link to Comment JR
JR's picture

Hedgeless, the euros are an invention of the international bankers. It’s the international bankers who are furious, if anyone is furious.

Fri, 03/22/2013 - 15:27 | Link to Comment Fiat Currency
Fiat Currency's picture

Godwin's law in 7 posts

Fri, 03/22/2013 - 09:52 | Link to Comment LFMayor
LFMayor's picture

LOL, yeah, I've read some things about that!

Long Tall Boots.

Fri, 03/22/2013 - 11:24 | Link to Comment Never One Roach
Never One Roach's picture
Why Texas May Start to Hoard Gold (with the beautiful Lauren Lyster)

 

http://ph.news.yahoo.com/video/why-texas-may-start-hoard-171030599.html

 

Texas legislators pushing to open a "Texas Fort Knox" and allow Texas Teachers' Pension Fund to buy physical gold.

 

Yips!

Fri, 03/22/2013 - 11:56 | Link to Comment WarriorClass
WarriorClass's picture

 $900 million EURO PUT trade on the Euro to crash vs. the dollar within 2 weeks.

Fri, 03/22/2013 - 10:00 | Link to Comment Muddy1
Muddy1's picture

@Headless Horseman,

 

He who has the gold writes the rules.  When the rules aren't followed those who wrote the rules get very angry.

Fri, 03/22/2013 - 11:47 | Link to Comment fabmax
fabmax's picture

This usually ends badly for Germans.

Fri, 03/22/2013 - 11:55 | Link to Comment JR
JR's picture

You know what? Hitler, in case anyone hasn’t noticed, is not involved in the EU policy maneuvers. It is the international bankers. And the face of Hitler is nothing but Zionist propaganda.

And WHERE is the face of the Zionist policy makers who would force the people of Europe to wear the ankle chains of debt slavery?

Fri, 03/22/2013 - 12:26 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

the face of Hitler is nothing but Zionist propaganda

I don't know, JR, but for whatever reason my Dell computer running Microsoft does not allow Google to search Oracle databases so I can research your outlandish claims.  Maybe I should try a Bloomberg terminal?

Six of the the world's 10 Richest Jews:

Larry Ellison
Michael Bloomberg
Sergey Brin
Lawrence Page
Steven Ballmer
Michael Dell

 

 

Fri, 03/22/2013 - 12:27 | Link to Comment richard in norway
richard in norway's picture

I don't care if some Jews are wealthy or if all Jews are wealthy. As long as they earned it, it's all good

Fri, 03/22/2013 - 15:37 | Link to Comment JR
JR's picture

Houston, we've got a problem. :-)

Fri, 03/22/2013 - 12:19 | Link to Comment MSimon
MSimon's picture

Fooled by the front men again? That is how the crooks always get away with it: The Queen of England deals dope. Who the bagmen are is just a matter of convenience.

Fri, 03/22/2013 - 10:25 | Link to Comment Stoploss
Stoploss's picture

Up the FUD Angie!!

Fri, 03/22/2013 - 09:43 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

Next stop, MWD Derivative quakes...fingers are poised on the buttons.

This has been an Agenda21 announcement: live long and [make us ] prosper.

Fri, 03/22/2013 - 09:45 | Link to Comment Room 101
Room 101's picture

Not showing teeth is very difficult for sharks and other predators.

Fri, 03/22/2013 - 10:33 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

"18 minutes later Merkankels attacked"..."our Banks are not our own, from ECB to IMF we are bound to others"......Europe is having Karmic Financial issues.
http://m.youtube.com/watch?v=RYLpQFuxV5Y

Putin = Old Georgie

"The IMF ain't tellin the Tru Tru"
http://m.youtube.com/watch?feature=related&v=m45g7ikQzes

Fri, 03/22/2013 - 09:40 | Link to Comment aint no fortuna...
aint no fortunate son's picture

she needs a big knobby 10 inch dildo and a bottle of stoly

Fri, 03/22/2013 - 09:42 | Link to Comment TeamDepends
TeamDepends's picture

At least they didn't say "Fuhrerous Merkel".

Fri, 03/22/2013 - 09:46 | Link to Comment machineh
machineh's picture

`I see!' said Queen Angela, who had meanwhile been examining the roses. `Off with their heads!' and the procession moved on, three of the soldiers remaining behind to execute the unfortunate Cypriots, who ran to Alice for protection.

`You shan't be beheaded!' said Alice, and she put them into a large flower-pot that stood near. The three soldiers wandered about for a minute or two, looking for them, and then quietly marched off after the others.

`Are their heads off?' shouted the Queen.

`Their heads are gone, if it please your Majesty!' the soldiers shouted in reply.

`That's right!' shouted the Queen. `Can you play croquet?'

Fri, 03/22/2013 - 10:44 | Link to Comment earleflorida
earleflorida's picture

:-))

Fri, 03/22/2013 - 09:47 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

Long Zyklon B

Fri, 03/22/2013 - 15:31 | Link to Comment THX 1178
THX 1178's picture

Why, you have some delousing to do? Cuz if you still believe the official story, you have serious perception problems.

Fri, 03/22/2013 - 10:03 | Link to Comment LuckoftheIrish
LuckoftheIrish's picture

That would be alcohol abd dildo abuse.

Fri, 03/22/2013 - 11:53 | Link to Comment Floordawg
Floordawg's picture

...Both smacked upside her head.

Fri, 03/22/2013 - 09:39 | Link to Comment Hulk
Hulk's picture

Embrace the Suck !!!

Fri, 03/22/2013 - 09:40 | Link to Comment toys for tits
toys for tits's picture

Cucking Funt

Fri, 03/22/2013 - 09:41 | Link to Comment Charles Nelson ...
Charles Nelson Reilly's picture

this aggression will not stand, man.

Fri, 03/22/2013 - 09:48 | Link to Comment Big Slick
Big Slick's picture

Do they even HAVE bowling alley's in Europe??

Fri, 03/22/2013 - 09:53 | Link to Comment Room 101
Room 101's picture

Yes. Not many, but they do exist.

Fri, 03/22/2013 - 09:56 | Link to Comment Big Slick
Big Slick's picture

Then f^ck it, Nicos, let's go bowlin'.

Fri, 03/22/2013 - 10:55 | Link to Comment Grimbert
Grimbert's picture

http://bit.ly/10sd6qn

Kegelbahn - you find them quite often in pubs. Nearer English skittles than 10-pin bowling

Fri, 03/22/2013 - 11:44 | Link to Comment Marge N Call
Marge N Call's picture

+1.

New shit has come to light.

Fri, 03/22/2013 - 12:55 | Link to Comment Big Slick
Big Slick's picture

My concern is, and I have to check with my accountant, that this might bump me into a higher, uh, tax bracket

Fri, 03/22/2013 - 09:52 | Link to Comment Room 101
Room 101's picture

Point of order @toys for tits: this is ZH fight club.  Use of profanity is considered acceptable, nay, proper and polite when referring to worthless fucking cunts like herr merkel.

I gave you +1, but please remember your manners in the future.  Thank you. 

Fri, 03/22/2013 - 09:56 | Link to Comment toys for tits
toys for tits's picture

Just trying to be classy, dude.  Kind of like when I raise a pinky while masturbating.

Fri, 03/22/2013 - 10:13 | Link to Comment Abraxas
Abraxas's picture

You are one depraved animal, tft. I like you.

Fri, 03/22/2013 - 11:00 | Link to Comment willwork4food
willwork4food's picture

LMAO. You guys are some of the fun reasons to come here and research.

Fri, 03/22/2013 - 15:01 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Say it again brother... this thread is magic!

ZH just get's better. Cutting sarcasm, epic institutional memory (Tylers and the crew of posters), the trolls and to top it all we are now graced by the presence of Dr Paul Krugman himself!

I, for one, feel privileged, to be part of this community as we countdown to armageddon!

LOCK, LOAD, STACK AND POST BITCHEZ!

 

 

Fri, 03/22/2013 - 10:49 | Link to Comment earleflorida
earleflorida's picture

.3

Fri, 03/22/2013 - 09:52 | Link to Comment Jacque Itch
Jacque Itch's picture

Cunning runt

Fri, 03/22/2013 - 09:40 | Link to Comment BorisTheBlade
BorisTheBlade's picture

We wish Europe warm winter of 2013 and onwards.

Sincerely, Gazprom.

Fri, 03/22/2013 - 09:50 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

LOL....very fucking LOL

Fri, 03/22/2013 - 15:20 | Link to Comment Rogue Trooper
Rogue Trooper's picture

Long polonium-110 Bitchez... anyone fancy a cup of tea?

Sincerely, FSB

Fri, 03/22/2013 - 10:21 | Link to Comment chdwlch1
chdwlch1's picture

Very interesting that this game of chicken began at the beginning of spring, isn't it?

Fri, 03/22/2013 - 09:55 | Link to Comment Ghordius
Ghordius's picture

TUT, TUT, TUT, it was a closed door meeting - everything that comes out is pure hearsay and rumour

and the way the ECB is sounding is looks like the Cypriot central bank governor made two thirds of his collegues very, very mad, too

----------------

meanwhile I note that the author is writing "mercantilist" EU/eurozone

can't wait what ZeroHedge's position will be in June 2013 when we will start to talk about the great TAFTA - the TransAtlantic Trade Zone encompassing NAFTA (i.e. Mexico, Canada and the US) and the European Union

of course this will be the death knell of the European Union as a trading zone, and will expose us europeans to the same treatment that Americans have from great giant corporations like Google et al (bye bye to our privacy laws) as well as expose us to the same transgenetic GMO food cartels that poison America

the UK government is already cackling as mad, two in one strike: death to the EU, long live TAFTA

Fri, 03/22/2013 - 09:57 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

Ghordius, Are you a 'freegolder'? and if so, are you fimiliar with the writings of one 'victor the cleaner'

 

https://twitter.com/VictorCleaner

Fri, 03/22/2013 - 10:49 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

Victor writes/tweets that 'the europeans are in the process of pulling the rug out from under the dollar'' (march17) and a while back Victor suggests ''that the Euro has the dollar cornered''

 

Curious as to your thoughts............

Fri, 03/22/2013 - 10:16 | Link to Comment NoDebt
NoDebt's picture

Ghordo, buddy, I think you're way off in the weeds (possibly right, but still way off in the weeds).  This article is and it's impications aren't that tough to understand.  Here's the short version:

We're about to find out just how strong Germany's pimp hand is.  If Merkel's pimp hand is strong, Cyprus will tow the line, pass the deposit tax and eat shit.  If Merkel's pimp hand is found to be weak, however...... that's a threat to the Status Quo.  Not a huge threat directly, but you know when one of your whores gets out of line and you fail to slap that bitch down, you're gonna have trouble with the rest of them.  Pretty soon even your bottom-bitch is telling you what she will and won't do.  Can't have that.

 

Fri, 03/22/2013 - 10:30 | Link to Comment negative rates
negative rates's picture

Gilligian, quick get some for the fire, there's a boat out there. 

I don't see no boat skipper.

Never mind that, go get some wood for the fire, Maryann saw a boat out there.

Can you see Maryann?

NO, how can I see Maryann when she's not even here??

They same way you see the boat out there.

Fri, 03/22/2013 - 10:31 | Link to Comment shovelhead
shovelhead's picture

Nuke standoff.

Merkel threatens to kill Cyprus and Cyprus threatens triggering the Euro derivative bomb.

Who's gonna blink?

Fri, 03/22/2013 - 10:56 | Link to Comment smacker
smacker's picture

"mercantilist" is simply an older term to describe "corporatism".

Fri, 03/22/2013 - 11:31 | Link to Comment YHC-FTSE
YHC-FTSE's picture

@Ghordius

Re: tafta. Definitely one of the star comments of the day.

Fri, 03/22/2013 - 12:25 | Link to Comment MSimon
MSimon's picture

Ghordius,

 

You object to GM food? Don't eat. No one is stopping you.

Fri, 03/22/2013 - 12:42 | Link to Comment Ghordius
Ghordius's picture

I know that argument. let the market decide. and oh, we don't really need to label anything, do we?

and european agriculture is so backward, you know, all those free farmers-owners with their silly family-run farms - they ought to understand that US-style agri-business is so much better - and profitable

look, we made a continental sized trading zone so that we could feed ourselves, among other things

we know what happened to the US farmers - no, thanks

Fri, 03/22/2013 - 09:48 | Link to Comment SheepDog-One
SheepDog-One's picture

BULLISH, DAMMIT!! 

Fri, 03/22/2013 - 09:55 | Link to Comment azzhatter
azzhatter's picture

ZE ponzi must continue.

Fri, 03/22/2013 - 10:35 | Link to Comment Crash Overide
Crash Overide's picture

I thought all these assholes are on the same side, it's all theater no? Who gives a shit, it's all crashing down anyways...

Fri, 03/22/2013 - 13:07 | Link to Comment mick_richfield
mick_richfield's picture

Think of it more like the New York crime 'families' of old.

Sometimes they cooperate, sometimes they compete.  Sometimes they have harsh words for each other, and once in a while they go to the mattresses.

In fat times, they probably mostly cooperate.  

These are not fat times.

 

Fri, 03/22/2013 - 10:03 | Link to Comment freewolf7
freewolf7's picture

I like you angry, instead of us angry.

We're gettin' somewhere.

Fri, 03/22/2013 - 10:11 | Link to Comment slaughterer
slaughterer's picture

Amazing how much time Merkel can spend pretending to be the EU Caesar when her own country is dissolving into recession.  The question is both, when do Europeans have enough of her power plays, and when do Germans themselves get sick of her domestic negligence?

Fri, 03/22/2013 - 09:36 | Link to Comment waterwitch
waterwitch's picture

FU MernanQE

Fri, 03/22/2013 - 09:37 | Link to Comment Shaten
Shaten's picture

And the tanks roll south.

Fri, 03/22/2013 - 09:39 | Link to Comment waterwitch
waterwitch's picture

One advantage of being an island nation.

Fri, 03/22/2013 - 09:49 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

[deleted, far too scandalous]

Fri, 03/22/2013 - 09:58 | Link to Comment Room 101
Room 101's picture

-1

Pull up your big-boy boxers and give us scandalous.  Slanderous with profanity is even better. 

Fri, 03/22/2013 - 10:00 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Something about Cyprus being the fulcrum upon which Putin & Co. prybars the EU open with a golden crowbar.

 

Fri, 03/22/2013 - 10:08 | Link to Comment TwoShortPlanks
TwoShortPlanks's picture

Putin's gonna have a fuck fest this year...payback's a bitch.

Fri, 03/22/2013 - 10:10 | Link to Comment Room 101
Room 101's picture

+1. 

I like.  Please share your musings and speculation. The more salacious, the better.  

Couldn't happen to a nicer bunch.  

Fri, 03/22/2013 - 11:10 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Well I was really thinking that Putin & Co. chose Cyprus not only for proximity geography but also, it's a fairly remote island that there own security forces can monitor the ins and outs fairly easily.  It would be very difficult to make gold vanish into a tunnel or train, unlike NYC, which is a warren of tunnels that all seem to terminate very close to or within the confines of the vaulted foundations of major bank buildings like Citi, Chase, et al.  You can swipe many tons of gold and have them on a train to Schenectady (sp) in no time and no one would be the wiser.  Can't do that on an island.

Fri, 03/22/2013 - 09:41 | Link to Comment bank guy in Brussels
bank guy in Brussels's picture

Yes, independent Cyprus ... better to implode in freedom, than live as a slave

That is really funny in article above:

« ... the Cypriot government hasn’t been in touch with the so-called troika of international creditors for days ... »

Ha!

Makes me think that despite the official claims of 'no deal with the Russians'

In fact Cyprus is playing out the hand EXACTLY as the Russians are quietly telling them to do so

Fri, 03/22/2013 - 10:02 | Link to Comment Room 101
Room 101's picture

Talk to the hand, bitchez

Fri, 03/22/2013 - 10:07 | Link to Comment MrPalladium
MrPalladium's picture

"Cyprus is playing out the hand EXACTLY as the Russians are quietly telling them to do so"

Bingo!!

Fri, 03/22/2013 - 10:23 | Link to Comment Ms. Erable
Ms. Erable's picture

Poor Angie. She's accustomed to wearing the strap-on, not being on the receiving end of that 10-inch anal probe. Putin is supplying the sandpaper condoms and habanero lube for the after-party in Brussels.

Fri, 03/22/2013 - 11:20 | Link to Comment My Days Are Get...
My Days Are Getting Fewer's picture

The Germans will fold.  Merkel is enraged because she must support the Euro.  Going back to the DM will destroy German exports.  Same problem that the Swiss have with their non-banking economy.

Fri, 03/22/2013 - 09:39 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Too bad tanks don't float.

Fri, 03/22/2013 - 09:42 | Link to Comment otto skorzeny
otto skorzeny's picture

the germans can borrow a few of the u-boats they sold the Israelis

Fri, 03/22/2013 - 09:50 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Laws of Physics will probably yell at me for this. 

Think there's a lot of gold on that little island?

Fri, 03/22/2013 - 10:04 | Link to Comment Room 101
Room 101's picture

I don't know about physics, but the laws of geology probably won't; there was once a lot of copper mining on Cyprus.  Where there's copper, there might be gold. 

Fri, 03/22/2013 - 10:08 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

I'm talking about the above ground variety that normally necessitates a dense network of tunnels in order to switch from one bank vault to another unseen.

Fri, 03/22/2013 - 10:51 | Link to Comment DollarMenu
DollarMenu's picture

According to World Gold Council, in 2010 they had 13.9 tons.

http://www.usagold.com/reference/official-gold-2010-june.pdf

Fri, 03/22/2013 - 09:50 | Link to Comment Dr. Engali
Dr. Engali's picture

Tanks are so last century.....missiles are where it's at today.

Fri, 03/22/2013 - 10:35 | Link to Comment DaddyO
DaddyO's picture

Go long Drones, Bitches!!

DaddyO

Fri, 03/22/2013 - 10:37 | Link to Comment Crash Overide
Crash Overide's picture

Drone-ing for gold?

Fri, 03/22/2013 - 09:37 | Link to Comment ziggy59
ziggy59's picture

Friday is a good day for a double DECAF espresso, Merkel, no? Or you can just drink your lunch..quadruple martini...im thinking of having same

Your choice

Fri, 03/22/2013 - 09:40 | Link to Comment Pampalona
Pampalona's picture

We are all Cypriots now.... Viva la Cyprus!!!
Start buying Cypriot food/goods redirect holidays from Germany to Cyprus... We have to support those people...

Fri, 03/22/2013 - 09:43 | Link to Comment thecoloredsky
thecoloredsky's picture

Here, I have an idea. Why doesn't Cyprus default on their loans and create a new Cyprus currency backed by their physical gold? Do this overnight and the economy won't skip a beat. Just a fucking crazy thought.

Fri, 03/22/2013 - 09:52 | Link to Comment francis_sawyer
francis_sawyer's picture

I'd like to see Cyprus actions become the model for what states may do in the US...

~~~

Come on Texas...

Fri, 03/22/2013 - 09:58 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

The states have to go all-in or sit tight.  They go one at a time, they will be crushed one at a time.  There would need to be a breakaway bloc that goes Galt as a massive ambush.

Fri, 03/22/2013 - 10:47 | Link to Comment francis_sawyer
francis_sawyer's picture

Well it's sure as shit not gonna be Colorado or Utah...

Fri, 03/22/2013 - 11:06 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

Nevada+Arizona+Texas+Utah+Colorado+Louisiana+Dakotas+Wyoming+Montana

Major natural resource wealth, low population, major friendlies for trade on north or south land borders, access to Gulf within spittin' distance of widened Panama Canal, American manufacturing know-how ...

Fri, 03/22/2013 - 10:40 | Link to Comment Crash Overide
Crash Overide's picture

*cough* Iceland

Fri, 03/22/2013 - 09:56 | Link to Comment XitSam
XitSam's picture

Hey. Whatever happened to those rumors of european printing companies that were supposed to be printing new Drachma or Marks or whatever?

Fri, 03/22/2013 - 09:44 | Link to Comment sampo
sampo's picture

Yeah, maybe Barry should do a sidestep to Nicosia and tell the people:

"Ich bin ein Cyp - Riot"!

Fri, 03/22/2013 - 09:38 | Link to Comment Scro
Scro's picture

Nigga please

Fri, 03/22/2013 - 09:39 | Link to Comment Temporalist
Temporalist's picture

Ein Kleine...It's All Mine!

Fri, 03/22/2013 - 09:40 | Link to Comment ziggy59
ziggy59's picture

Daffy duck: its mine. Mine mine. Down down down...

Fri, 03/22/2013 - 09:39 | Link to Comment holdbuysell
holdbuysell's picture

Ms. Merkel, would you like some cheese to go with that whine?

Fri, 03/22/2013 - 09:39 | Link to Comment ziggy59
ziggy59's picture

Seems to me Merkel et al should be venting towards Putin, but wont.

But the Putin Put has been played, and much more to come...

Fri, 03/22/2013 - 09:39 | Link to Comment Racer
Racer's picture

Your theft of people's money is NOT ACCEPTABLE

Fri, 03/22/2013 - 09:40 | Link to Comment Truther
Truther's picture

I repeat....Fuck you Merknanke

Fri, 03/22/2013 - 09:46 | Link to Comment HD
HD's picture

No penis is that blind...

Fri, 03/22/2013 - 09:40 | Link to Comment otto skorzeny
otto skorzeny's picture

good to see she's not reinforcing the old "germans are authoritarian" stereotype

Fri, 03/22/2013 - 09:56 | Link to Comment machineh
machineh's picture

Hard to play that role anymore, when the Israelis have taken over the 'master race occupiers' schtick.

Fri, 03/22/2013 - 09:41 | Link to Comment surfsup
surfsup's picture

British based bond holders of Cyprus banks not feeling so fresh about now either... 

Fri, 03/22/2013 - 09:45 | Link to Comment Temporalist
Temporalist's picture

That is what Massengill is for...

Mass-in-bail for douche banksters everywhere

https://www.youtube.com/watch?v=N91XsdrBqUY

Fri, 03/22/2013 - 09:41 | Link to Comment Kaiser Sousa
Kaiser Sousa's picture

ah, can we get some coverage of what they did to the only 2 forms of real money Tylers???????

http://www.kitco.com/charts/livesilver.html

 

FUCK YOU MERKEL YOU FUCKING "SHIM" AND FUCK YOU ALL BANKERS....

Fri, 03/22/2013 - 10:11 | Link to Comment Alpo for Granny
Alpo for Granny's picture

I think the guy that plugged in the algo computer yesterday morning had the wide prong of the plug switched in the wall outlet.

After a gnashing of Mrs. Masters' fangs, he quickly turned it around in time for open this morning.

Fri, 03/22/2013 - 09:41 | Link to Comment Chuck Walla
Chuck Walla's picture

Javohl, Mein Fuherette!

 

FORWARD SOVIET!

Fri, 03/22/2013 - 09:42 | Link to Comment toys for tits
toys for tits's picture

Cyprus will be bailed by the US unless they come to their senses and tell everyone to fuck off.

Fri, 03/22/2013 - 09:42 | Link to Comment Mad Mohel
Mad Mohel's picture

Bitch needs to redirect that anger and flap that shithole she calls a mouth at the Bearded One. If you got real balls you bag of shit, get your gold back in one week.

Fri, 03/22/2013 - 09:42 | Link to Comment Careless Whisper
Careless Whisper's picture

Cyprus isn't much bigger than Guam. I'm thinkin' there's a real danger of it tipping over and capsizing.

http://www.youtube.com/watch?v=zNZczIgVXjg

 

Fri, 03/22/2013 - 09:42 | Link to Comment HD
HD's picture

As mush as I would LOVE for this to blow up - everyone involved is backed into a corner and will cave to the pressure.

That said, I sure as hell wouldn't want to be in the crosshairs of Russian mobsters I've just stole a couple billion from. Even if the EU bureaucrats themselves are safe (which is questionable) they have family to consider.

Fri, 03/22/2013 - 09:48 | Link to Comment Temporalist
Temporalist's picture

Long polonium

Fri, 03/22/2013 - 09:52 | Link to Comment HD
HD's picture

 Now available on Amazon with free super saver shipping.

Fri, 03/22/2013 - 09:56 | Link to Comment Ethics Gradient
Ethics Gradient's picture

Wasn't their a Russian Jouno who dies in prison for suggesting that Putin stole from the mobsters?

If that were true, did he have any money in Cyprus?

Did Putin use, or offer to use, any influence in Cyprus?

Is Putin in the crosshairs of the mobsters?

Fri, 03/22/2013 - 10:21 | Link to Comment HD
HD's picture

Everyone has their pet Kennedy assassination theory - and I've always leaned towards the Mob being involved one way or another.  If Putin stole from the mafia they will get him at some point.

Fri, 03/22/2013 - 09:43 | Link to Comment Chuck Walla
Chuck Walla's picture

Javohl, Mein Fuherette! Deutschland Uber Alles!

 

FORWARD SOVIET!

Fri, 03/22/2013 - 09:54 | Link to Comment Haus-Targaryen
Haus-Targaryen's picture

Es heißt;

 

Jawohl! Meine Führeren!  Deutschland über Alles!

Fri, 03/22/2013 - 11:11 | Link to Comment My Days Are Get...
My Days Are Getting Fewer's picture

Man schreibt:

 

Einverstanden meine Führerin! Wird sofort durchgeführt.

Danach kommt der Panzer Chor.

Fri, 03/22/2013 - 09:43 | Link to Comment 101 years and c...
101 years and counting's picture

come on. its 5.8B EUR?  just print it!  thats all you fucking cunts are good for anyways.  pay debt with electronic 1's and 0's. 

Fri, 03/22/2013 - 09:44 | Link to Comment Atomizer
Atomizer's picture

Nicht testen meine Geduld oder ich feuern die Öfen.

Fri, 03/22/2013 - 09:44 | Link to Comment mikmid
mikmid's picture

Talk about one world government rule. How dare they ignore their rulers. The shit is getting thick.

Fri, 03/22/2013 - 09:45 | Link to Comment riphowardkatz
riphowardkatz's picture

Cyprus holds all the cards, just like Greece and Italy and Spain. The EU cannot allow a country or force a country to leave. The whole thing collapses if that happens via Redemptions. Russia knows this. Germany knows this. That is why Germany is so pissed they are trapped. 

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