Wearing A Bailout On Your Wrist, Or Why Cyprus Should Speak To The Ukraine

Tyler Durden's picture

As the Cypriots scramble for every penny, hoping for a Hail-Mary from Russia at the last minute, we suspect they are missing one potential provider of all that money. That nation appears to be Russian neighbor, The  Ukraine judging from the 'wealth' exhibited by some members of the Ukrainian parliament. As EnglishRussia.com notes, a $650,000 watch is no problem if you create laws in Ukraine as we humbly suggest some that wealth (the rare watch is special order (here) with only 30 being made) trickle down to the Cypriots (of course at EUR400 per day per person) - they only need 7,000 watches to plug their bailout funding hole!

(h/t Nolsgrad, via EnglishRussia.com)