This page has been archived and commenting is disabled.
With Russia "Demanding Cyprus Out Of The Eurozone" Here Is A List Of Possible Russian Punitive Reprisals
As has been made abundantly clear on these pages since the breakout of the latest Cyprus crisis, the Russian policy vis-a-vis its now former Mediterranean offshore deposit haven-cum-soon to be naval base, has been a simple one: let the country implode on the heels of the Eurozone's latest humiliating policy faux pas, so that Putin can swoop in, pick up assets (including those of a gaseous nature, much to Turkey's chagrin) for free, while being welcome like the victorious Russian red army saving Cyprus from its slavedriving European overlords (a strategy whose culmination Merkel has very generously assisted with).
Curiously there had been some confusion about Russia's "noble" motives in Cyprus (seemingly forgetting that in Realpolitik, as in love and war, all is fair). We hope all such confusion can now be put to rest following the clarification by Jorgo Hatzimarkakis, the German Euro deputy of Greek origin, who told Skai television on Sunday morning that Russia did not want Cyprus to stay in the eurozone.
From Kathimerini:
Jorgo Hatzimarkakis, the German Euro deputy of Greek origin told Skai television on Sunday morning that Russia did not want Cyprus to stay in the eurozone.
“Cyprus’s alternative plan was only a half-plan that also relied on Moscow’s help. However Russia preferred a Cyprus outside the eurozone, but inside the European Union,” stated Hatzimarkakis.
Cypriot Finance Minister Michalis Sarris returned to Cyprus on Friday after his week-long effort to convince Russian authorities to lend some support to the Republic in the form of a new interstate loan, contribution to a bailout fund or even the extension of the 2.5-billion-euro loan from 2011, but to no avail.
At this point it bears (pun intended) pointing out that what Russia does as Cyprus situation devolves into utter ad hoc chaos, in both Cyprus and Europe, is the biggest and most important wildcard. So here, according to the Guardian, are some things a suddenly quite furious Russia can do (aside from watching quietly on the side as its billionaires are suicided):
Fears are growing of Russian reprisals against European businesses as EU authorities desperately seek a deal to save the Cypriot economy by imposing a 25% levy on bank deposits of more than €100,000.
As the island scrambled to put together a rescue programme, its finance minister, Michalis Sarris, said "significant progress" had been made on the latest levy plan in talks with officials from the European Union, the European Central Bank and the International Monetary Fund.
The government in Nicosia faces a deadline of Monday to reach an agreement or the European Central Bank says it will cut off emergency cash to the island, spelling the likely financial collapse of its banking system and a potential exit from the European single currency.
However, with Russian investors having an estimated €30bn (£26bn) deposited in banks on the island, the growing optimism about a deal was accompanied by fears of retaliation from Moscow. Alexander Nekrassov, a former Kremlin adviser, said: "If it is the case that there will be a 25% levy on deposits greater than €100,000 then some Russians will suffer very badly.
"Then, of course, Moscow will be looking for ways to punish the EU. There are a number of large German companies operating in Russia. You could possibly look at freezing assets or taxing assets. The Kremlin is adopting a wait and see policy."
Nekrassov rejected suggestions that Russia might hit back by cutting off gas supplies, a tactic the country used in 2009 after the collapse of talks with Ukraine to end a row over unpaid bills and energy pricing.
"Gas is no longer a weapon," Nekrassov said. "When Russia did that before, it realised that the foreign energy lobby reacted and efforts to find alternative sources were increased. If Russia kept threatening, it knows that nobody would be buying its gas in 20 years' time."
Mike Ingram, an analyst at City broker BGC Partners, said: "In Russia, historically, if they want an asset they just grab it. If they want cash out of a [EU] business [in Russia] they just create a tax bill or raid offices and make your life unpleasant. They could also make life difficult diplomatically on issues such as Syria. They might also rattle a few sabres over deployment of the missile defence system."
Sadly, unlike the rest of the algorithmic world, Russia does not succumb to the idiotic policy of "if S&P is up, then all is well" and neither does it have an endogenous bent toward seeing everything in an optimistic light, unlike Mr. Ingram above. Which is why with the decision-making process in Europe in total disarray, keep a very close eye on Russia's next steps, as well as on any potential future suicides of Russian oligarch billionaires.
»
- 43585 reads
- Printer-friendly version
- Send to friend
- advertisements -
thats how putin became putin during Elstine days as the Berezovsky play showed.
Boris Berezovsky found dead at his Berkshire home | World news | The Observer
It's a chess board we can't see
Every day another move is made that sheds a small light..
Wait for news that a russian nuclear submarine is "close to cyprus".
Next week is going to be a thriller...
"It's a chess board we can't see"
There are plenty of Russians that can play simultaneous games of chess and blindfolded too. Chess board, whats a chess board?
The eurocrats can't even decide what they are going to have for lunch!
Guess what the Russians are going to have for lunch...
Western leaders are more ore less all like John Kerry.
If Boris was suicided, in my view it would have either needed a) inside help from a staff member(s) or b) an assassin that would have been waiting in the house for a period of time, such as 36-48 hours.
Boris had highly trained, very high security detail, at all times, bodyguard protection at the highest level, and transport security convoy style. An assassination in a bath would be difficult without either some inside help or an assasssin in waiting. You don't just break in on a Saturday morning. You would need to have gotten in and waited on about Thursday or Friday. Then when the police all arrive, you (as an assassin) could blend in as police or emergency service coverage, then leave on Saturday evening.
Remember Godfather movie? Or a typical roman suicide in order to save the rest of the family?
There are too many moving parts.
"Remember Godfather movie?"
Frank Pantangeli?
LOL. correct
Much easier if Boris was given a choice. Greed has gotten out of hand, and the new red slippered boss is coming down hard. Expect to see more of this soon.
for a governmental secret service with endless resources, this kinda assassination is cakewalk.
1962--- World almost incinerated over insignificant island in Caribbean.
2013----World almost incinerated over insignificant island in Mediterranean.
1962---Problem compounded by large losses by organized crime syndicates.
2013---Problem compounded by large losses by Russian organized crime syndicates.
Russia does not need to nuke to retaliate, as the article says, it will merely confiscate Western assets. We can expect more of the same from China when we refuse to give adqueate renumeration for government bonds held by that nation. The end of globalism is nigh.
if i can generate a truly random "random number generator" then i can create "perfect chaos" from which i can generate information (twitter feeds, blog postings, meetings, after action reviews, etc...etc...) from which i can divine intent and create a course of action all my own "who's methods shall forever remain secret." we are human...we behave in a patterned way. if i can predict the pattern from sitting on my couch imagine what "some dude with uber computer" can do! http://en.wikipedia.org/wiki/Random_seed + http://en.wikipedia.org/wiki/Data_set = "we will now run things." (emphasis on the "we".) name one thing that isn't run by a computer...or just a simple transistor now? I can't think of ANYTHING. "as long as it has power going through it i can access it." indeed the brain can be seen as a battery: http://answers.yahoo.com/question/index?qid=20081226232151AADgqXE ...but can it be used as one?...http://en.wikipedia.org/wiki/Magnetoencephalography hmmm. "direct brain interface." i wonder what that is...
Off topic:
1962 - Dr. No doesn't get nominated for best picture
2013 - Still waiting for the first Bond flick to get the nod
The Russian bear is well and truly awake once again. Putin controls the destiny of Cyprus (at this moment) and continues squeezing the Oligarch Zionist fleas one by one while he waits for what must pass.
Meanwhile, Merkle, the chihuahua who thinks she is a German Shepard, continues yapping but knows she has no teeth.
Obama, as usual, is totally out to lunch and his swift-boat secretary of state is whining to his "friends" in Iraq about those naughty, naughty Iranians.
John Kerry
The whole lineup is w without gravitas
Simplicity works. Fuck with us and eveybody dies. Coming to the White House soon - enemy heads on pike poles. Oh the Horror!!!!
Double entry!!
The media will continue to break you down by terrorism threats, US government running out of money, and Dow Jones casino liquidity fears. Life will become better once the boy who called wolf has no more volunteers to prop them up.
The problems of excessive debt and leverage cannot be solved by taking on more debt and leverage. The ponzi scheme can only go on till you have someone willing to lend you money to pay the previous lender. The game stops when your cost of borrowing becomes exceptionally high or there is a shortage of lenders willing to lend.
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
http://www.youtube.com/watch?v=4wtSmcaBnf0 Thsi true? Any other reports?
Interesting.
A 20% tax on accounts above 100,000 Euros at Bank of Cyprus (largest) and 4% on accounts over 100K Euro in other banks.
So the biggest accounts had to have been in the biggest bank, thus the 20% versus the 4%.
Selective targeting, problem being, the biggest accounts will have the most guns & goons.
who really gives a fuck anyway? Let the ruskis pump holes in it. No EPA BS to worry about so more oil on the market and available energy. Bring the freakn' price down. That will get the economy going again everywhere. Because this strangle hold fake ass Al Gore and Ted "Zoloft" Turner green mobster slime have on the energy complex is horrendous for the entire population of the world.
I don't understand the problem.
At strip clubs in NYC it's common to see a $30.00 rake on ATM withdrawals of any amount, that would be 30% on a $100.00 withdrawal for the slow kids, and people line up to make not only withdrawals, but credit card cash advances which also get the $30.00 fee AND a nice 29.99% on top.
I believe Cyprus wanted out, but wanted to appear to be forced out. If they wanted to stay in, all they'd have to do is declare all bank accounts new 401(C) accounts, all your money is available to you, 35 years from now, but if you want to withdraw it right now, there will be a whatever-is-needed% "penalty tax" for early withdrawal.
OR
Cyprus could claim all bank deposits convertible into new long term 30 year Psych-prus bonds, where your principal will be returned to you at the end, but to with draw early would incur some % fee. If the govt is totally broke, call it a zero coupon bond.
See that? Theft is all about symantics...
Take it from me, a real life living corporation: you never admit guilt... You Deny Everything.
I'm innocent
Until i'm proven guilty
Deny everything, deny everything
I'm being framed
It's all a set-up
Deny everything, deny everything
I'm just a spook in the wheel
Just a part of the puzzle
A part of the game
I'm being framed
Innocent
Until i'm proven guilty
Deny everything
Deny everything
Deny everything
Deny everything
"I'm just a spook in the wheel"
That's the problem these days, too many spooks and not enough spokes.
Keith Morris rules.
Russia isn't going to do anything stupid that will cause investors to shy away. After 46 years of refusing to invest in Russia because of lack of confidence that the Russian government would respect property rights, Jim Rogers has recently turned bullish and now thinks Russia is the place to go with investment money. It's unlikely the chess players in the Kremlin would react emotionally and punish foreign investors for trusting them. Perhaps that's what the EU is trying to get Russia to do by jabbing the bear in the ribs with a stick.
Russia may do nothing and let the bank runs in Europe do the work for them. Russia's debt to GDP is under 10%, international reserves are over a half trillion dollars, gold bullion reserves have risen dramatically for the last few years and continue to do so, and Russian society is not dependant on the government for handouts. Russia is well positioned to weather the collapse of the Eurozone.
Russia may exact revenge by scooping up EU assets for pennies when the dust settles.
Quite possible.
Check this:
http://www.bloomberg.com/news/2007-02-20/russia-can-bear-18-oil-for-3-ye...
Dated February 20th, 2007
Title:
Russia Can Bear $18 Oil for 3 Years, Putin Aide SaysYou are mistaking the Russians for the Chinese. There are emotions that are part of the russian business model. In the far east they plan 5k yrs in advance. Russians are more pragmatic.
God damn politically-correct bullshit.
obnoxious stereotypes do serve various purposes-
cutting off one's nose to spite one's face would be mild Slavic humor
Or since everyone seems fascinated with the Merkel/Hitler comp - the Battle of Stalingrad
The effeminate approach doesn't achieve victory when your Zhukov-like adversary is willing to throw/sacrifice literally an endless number of their own sides' bodies in pursuit of victory and you aren't.
Merkel isn't willing to pay in order to win (unless someone else e.g. Cypress, or anyone except her bankers), therefore she won't win when confronting an opponent who is willing to pay to win.
And as a side note - Asians SUCK at really long term planning, but at least they try...
There is one extremely important thing that people keep missing:
Russia may buy a lot of stuff cheap, but it needs a global military to protect it, hence russian base on the mediterranean.
People confuse the role of the US navy. The main role of US navy and air force is make sure countries allow raw materials be produced and to protect all trade routes.
That's it. When Khadafi or Sadam wanted to stop the flow of oil, then baaaaaam. It's that simple.
US Navy is settled on south china sea to protect the trade routes and it ain't moving regardless of how much China protests.
It's that simple.
The only reason the US gets away with most of it's BULLSHIT is because the dollar is the reserve currency
You replace that.....They can print to infinity, and they have.
In reality, USD is backed by the steel of US aircraft carriers, F-18s etc.
But when people are indebted all over the world and going through famine like in arab countries due to Benny printing money, people fear F-18s and aircraft carriers no longer.
Sound money is mandatory, otherwise people get hungry and no longer fear.
FEAR IS MONEY
USA has been very quiet. Perhaps...OK Putin you can have your base in Cyprus but please get the fuck out of Syria so we can go in there and really fuck things up.
New Navy recruitment ads proclaim the Navy as "a Global Force for Good". This frightens me. Do-gooders are as much bad news as do-badders.
Can we still blame Bush?
+1 - But which one(s)?
I say we start with Prescott.
If Jeb becomes prez in '16 I'm definitely an expat (if I'm not already by then)
Beat you by a Bush...
We are the Borg. Genitals are useless.
George R R Martin couldn't make this shit up
All this talk about Cyprus and Greek debt and bailouts has made me hungry for a gyro. I'm heading over to Jimmy The Greek today for lunch to get one.
Please Cyprus I beg you to just tell the eurozone to go fuck themselves
back the cypriot pound with gold, default and go back to a gold backed cypriot pound
use the russians for gold if have to but do not giove in to the dark side
screw the euro and take Icelands example and the IMF and Christine dyke lagard can go to hell
do the right thing please
Maybe Mr. Putin today can take the place of Ronald Reagan circa 1987:
"Mr. Anastasiades, tear down this euro wall!"
First, it’s the Nazi Merkel: she’s the tyrant. And, now, it’s Putin: he wants to re-ignite Russia’s age-old desire for European real estate. And all the while, the major plays recall the methods of the Rothschilds.
It is the international bankers who created the Eurozone and who are milking the European people dry. It was not Adolf Hitler, it was not Benito Mussolini; and it is not Vladimir Putin.
These are the first stages of the Eurozone breakup. And it’s time to pick sides.
Already, the vast forces that put the illegitimate Eurozone government together are propagandizing to try and save it, playing one nation of peoples against another.
They seek help from the very Communist agitators who attempted to enslave Europe and these “voices of the people” are used to criticize, not the bankers, but the prudent businessmen and ethnic populations such as the German people. In this, the Communists work hand in hand with the bankers to destroy the sovereignty of each European state.
Always, the images of Hitler or Mussolini can be used to divide the people, whether in Spain or in Cyprus, in the bankers’ attempts to identify the enemy as the German people for what they, the bankers, do. The Jewish bankers are using these Communists and inciting the mobs that would fight in the streets along with them with the propaganda, “You know what? Your problem is the Germans,” while they transfer all the resources of Europe to themselves.
Let’s get something straight: those who would blame the German people for what the international bankers do, stealing funds directly from people’s saving accounts, need likewise, then, to blame the American people for what the international bankers’ rep, Ben Bernanke, is doing, stealing funds directly from savers’ and businessmen’s accounts in this country.
And when this money is taken out of these bank accounts, it is not going to the German or American people; it’s going to the bankers.
The bankers created the Eurozone; the bankers corrupted the political processes; the bankers neutralized the sovereignty of the EU nations, and the bankers are the recipients of the resources in those nations. The people are the victims, not the perpetrators, whether they be Germans or Cypriots or Spanish.
the hofjuden plays hardly ever change
this same blue print has been used, with minor tweaks, for centuries now. for how long have the hofjuden controlled the central banks now? centuries? that's what i thought.
Cyprus default will trigger recession in Russia:
http://www.itar-tass.com/en/c142/683904.html
21% of foreign investments coming from Cyrpus. Russian stocks should be a good indicator.
What a fantastic BS about Russia! Tyler, please be more serious or most of your russian readers going to die from laughing while reading more and more "news" about russian mafia and business deposits in Cyprus. I'm personally from Russia and had a company in Cyprus from 2005 until July 2012. Almost one year ago most of my friends, business partners, accountants e.t.c., started to convince me close the company in Cyprus and open a new branch somewhere else because of very high possibility of dangerous situations in banking system of Cyprus .
I closed the company and opened a new one under different jurisdiction. All of my friends, partners did the same thing long time ago. You have to be complete idiot to keep your money on Cyprus when everyone telling to you how dangerous is it. The choise of beautiful and safe places for off-shore still tremendously big. So, please, dont worry about russian money on Cyprus bank accounts. Most of them are gone long time ago.
The reason, why there's such horrible misunderstanding - most of people from Ukraine, Kazakstan and other former Soviet republics still called "russians". Even in the banks. I can easily suppose, that the biggest part of mythical "russian mafia deposits" in the reality belongs to them. This is the reason, why Putin is not so upset and why nobody in Russia wants to save Cyprus.
By now you should have understood that this is NOT about seizing russian money in Cyprus.
If seizing russian money is one of the goals (military influence is the main goal), again if seizing russian money is one of the goals, then the final goal is to seize russian money everywhere under european jurisdiction.
If you think your money is safe somewhere in the world under european jurisdiction, I'd say you're out of mind.
east asian markets sold off when this story "was emerged." is there a connection? hard to tell...but if your contagion is "deposit stealing" then clearly this will have an impact in East Asia where there are hundreds of billions in uninsured deposits. "imagine the bullet trains we could build" comes to mind....and probably to the minds of the folks over there. either way it all comes down to the same question: "why do we keep money in banks." and of course there is only one reason ultimately...because it is SECURE there. If Wall Street itself is suddenly in the business of "deposit liberation" then insofar as the US is concerned "with 750,000 barrels of oil a day coming out of North Dakota that type of financing model won't last long." (i.e. Dell Computer and the "humungo company destroying dividend.")
That is exactly my point:
TOTAL UNCERTAINTY, NO TRUST
Putin is plenty upset. You might not be aware of it, but apparently many Russian transactions go through Cyprus.
He is not going to bargain how much money the ECB should be allowed to steal. He's not that type of person.
Don't tease the Polar Bear. Don't poke him with a stick and ask him if the poke is too hard.
Putin has his own ways to deal with this. If I were a central banker, I'd be very nervous about ticking Putin off.
The Elephant in the room is UK's SBA. UK will annex Cyprus before the Ruskies take it.
A Sovereign Base Area is a British Armed Forces base located on territory in which the United Kingdom is sovereign,[1] but which are separated from the ordinary British territory.
The only two Sovereign Base Areas are located adjacent to the Republic of Cyprus on the island of Cyprus, which was formerly governed by the United Kingdom.
Oh, and Turkey will have something to say, since northern Cyprus is under the control of Turkey which is a NATO member and which is run by USA. THis is the real reason Cyprus will default. There was never any doubt the Ruskies would not own Cyprus. It is NATO's biggest carrier in the Med.
THIS is possible. Great Britain simply "annexes" Cyprus. was that the plan all along? again "what is the Eurogroup?"
There are two sides to every tale, as there are two sides to this island. Russia signed a cooperation pact with Turkey, so they won't be short of a port for their warships, even if the South don't play ball.
SBAs can't afford to be lost - WSBA major NATO airfield, both Iraq air ops were orchestrated from RAF Akrotiri. Plenty of other shit on that island that's better left unmentioned.
You do understand that Britain exercises sovereignty over the territory of the base with the contractual consent of the (nominally as of 20:30 CET 24.03.13) Sovereign State of Cyprus,
and such consent is subject to revocation?
The only reason Turkey did not take the entire island was because of the SBA. I will bet 1 euro the USA will not allow Cyprus to fall to the Russians.
Yup, funny how the Turkish border is just before the ESBA. I'm not sure about revocation though - I was always under the impression that Uk Govt 'bought' the land from the Cypriots for about £2mil.
After looking at it further the- SBAs are abnormal in that they weren't created by a Treaty (or UN Resolution like the buffer zone), they were actually created by the Cyprus Act of 1960 (which created Cyprus itself), so they were never (and are not) a part of Cyprus to begin with (although in keeping with the British tradition of drawing absolutely stupid and childish lines on maps, at least they actually used crayon in Cyprus).
http://www.sbaadministration.org/home/legislation/01_02_09_07_SUP2A/01_02_09_07_09_Si_Various/ukpga_19600052_en.pdf
Ahhhhh, I see. So wholly Brit owned, goes along with what I was always told but didn't realise that the formation was part of the Cyprus Act. Reading the act makes you understand EOKA's position a bit more too. Thanks for the infos, very much appreciated! :)
Ukraine extreme sport
http://goo.gl/p9vfV
http://youtu.be/4iRv58ERXoM
yawn
As Kurt Vonnegut used to say: "So it goes". An oligarch commits suicide? Really?
http://www.mirror.co.uk/news/uk-news/boris-berezovsky-dead-chemical-biological-1781301
No word from my Russians as to what really happened there but plenty of suspicion.
As for Turkey vs Russia. That mutual hatred dates back many centuries. I remember standing on top of the 16th century embattlements at the Fortress of Azov on the Don River. I actually decided to try to climb the steep hillside leading to the parapets. I barely made it, and that without anyone shooting at me. I can only imagine what went on there long before the US Revolution was even an idea but I'm pretty sure it fucking sucked to be involved in and was bloody as hell.
Russians and Turks do not seem to get along well at all, and I have seen this first-hand, but yet Turkey is a popular place for Russians to visit. I suppose I could ask but then again, do I really want to know? The history of that part of the world is quite complex and I do not feel like hearing another lecture on the Don Cossacks.
Russian elite have always craved a powerful navy since the times of Peter the Great who extended the Russian empire south to the Black Sea and east to the Pacific. The Russian Naval museum in St. Petersburg is quite an interesting place to visit. Well, Hell, that whole city is an interesting place to visit. Scratch the rest of the European cities off your list and go to St. Petersburg in winter. Vodka will have to be your anti-depressant. The winter gloom is impressive even for someone who lives in MN.
What anyone needs to know about Russia, especially if you have financial interests there is that you can not think of Russia in Western terms because it is NOT Western. It starts with this; Russia has had two capitols. St Petersburg/Leningrad/Petrograd and Moscow. There is an underlying issue there and it is a very old issue. Those two cities are pretty much the Russia the West sees, mostly Moscow though, but there is a whole lot of Russia beside those two places and it's not the same. Not even close. They do not all get along with each other.
When I was younger, I naively asked a Russian; "Why do you not smile when taking some pictures". The response was indicative; "What should we smile for?" That is the Eastern European attitude. Russians accept corruption as a way of life and are bewildered by the West's attempts to act as the moral high ground. Russians think we are fake and do you know what? They are correct! Business is business and bribes are part of doing business so get on with it.
There is one part of Russian history that I object to and that would be the destruction of their currency. This is why I collect Russian coinage. Collecting Russian coins is almost as futile as trying to understand that part of the world. Most of the coinage has been destroyed as though it was a plan to attempt to erase to their very identity and history. That shit does not fly with me. I have shown some younger Russians some of their silver coins.(my coins now) Their eyes light up like sparklers and they start asking questions. They have never even seen their own old coinage and are blown away that an American has some of the survivors of the communist era of theft of wealth.
The biggest problem with Russia is that, it to, has a central bank that is ripping off the people. Some of the Russian people know this all to well and object. There are plenty of Russians who are ZHer types. It would be disingenuous of us to paint all Russians with a broad brush. While Russians can appear to be cold and uncaring, and sometimes are, I can assure you that they are not the unfeeling folks that they want to appear to be. They have built Roger Waters' "WALL" around themselves.
When will we ever figure it out in the West?
Well, as to a Russian Navy, there was that little problem at Tsushima in 1904.
WWII is not over. Russia and Japan still are adversarial and no peace treaty was ever signed. Technically they are still at war. Vladivostok is unlike anything in the Russian west. I have suggested to my wife to visit there but she says that we might not get out of there alive and she is Russian.
I have a very good friend who went through the Ron Paul 2008 shit who married a Japanese gal. Introducing my Russian wife to the Japanese wife proved to be very awkward and they do not get along. It's much like the situation when I introduced a Turkish woman to my RU wife. Call that a faux pas on my part. Oops.
I do not know. I was left standing there wondering why two people who had never previously met should just automatically hate each other? That shit does register in my brain.
Fuck, everyone seems to hate everyone else and for no good reason. How far do we have to go to convince these other folks that the banks are the enemy and not each other as individuals?
I am simply your fellow man or woman and want to go about my daily business in peace. I do not want my wealth stolen surreptitiously by fraudulent fractional reserve banking scams. I am not alone in that belief. I am willing to hear anyone who believes the same.
Otherwise this world is simply fucked in the head.
Gagged: UK Government brings in full press censorship: Pledges death to the Internet...
http://endthelie.com/2013/03/22/gagged-uk-government-brings-in-full-pres...
You knew this was coming......Another piece of the puzzle
In a way this reminds me a little of the China / Japan situation. We know that Japanese exports have slipped badly at a time when China has reacted harshly to the Island disputes. Not only Official China has reacted, but Chinese consumers are hell bent on NOT buying Japanese cars and all manner of Japanese imports. So this has really hurt one of Japan's biggest export markets.
Russia / EU is different, but still has economic potential to harm the EU. In this case Russia is a decent consumer market, not great, but still worthwhile. The real thing is Russia is the major gas supplier to an energy hungry Europe, both East and West! Trying to take Russian depositors money is not sitting well with Russia. The EU's military arm, NATO, is also actively engaged in an open proxy war against Russia's only real Middle East allie Syria. NATO is always looking to put new weapons systems on Russia's borders and to enlist Russia's near neighbor states into the NATO war machine. Russia knows NATO is no longer in any sense defensive, it IS the USA's prime military arm in Russia's border areas.
All in all, the EU could be in more economic trouble if their gas supplier and a major oil supplier became less reliable. SHut down a pipeline or two in January, and watch the entire EU economy and consumer class head for the crapper!
Two thing to watch closely are Japan / China
Russia / EU
The Russian Bear is back -- thanks to the moronic, egotistical, self-obsessed, thoughtless, greedy bastards in Brussels and Washington. The Western "powers that be," manipulate the financial markets to disguise their failures. They have destroyed Western economies, the middle class, and the wealth of nations, to perpetuate a sham; and erect an elite authoritarian socialist state(s). Their political strategies vis via the Euro and Euro Zone, and America's debt crisis are an embarrasment to Western thought. For Russia and Mr. Putin, it's just too easy.
My only question is how long before the sabre rattling,or has it started? The Russkies have to be pretty pissed by now.
Afghanistan: Tossed out on their ear.
Chechniya: Ditto.
Iraq: oil leases nullified.
Egypt: tossed out years ago.
Syria: doesn't look promising.
Warsaw pact: gone to the history books.
Ukraine bread basket: gone.
At least they still make good vodka.
My prediction is that in the next few weeks a lot of western and Russkie subs will put into port for repairs after striking "large whales" or other submerged marine objects.
There is another option that the Russians have employed before under different circumstances.
What happens after a couple of central bankers suddenly drown or get shot dead by mysterious hit men who disappear into the night, yet the investigations don't get any support from Russia?
Answer: The surviving central bankers go hat in hand to Russia and ask what they can do to make Putin and his fellow thiugs happy. Anything, anything.
Wish I could get a 100 Euros out of my ATM each day.
Head of Orthodox Church in Cyprus says leave Euro before it crashes
http://m.guardiannews.com/world/2013/mar/24/cyprus-orthodox-church-exit-...
It's all about the truth my fellow ZHer's. There is no other way for us. If we can make some alpha on the way then let's do it but never forget that the real goal is the spreading the truth. 300.
Gave lots of up arrows, sometimes to seemingly opposing views. If I agree with any more comments I think my head will explode. There are so many seemingly disparate actors in this play, and so many potential protagonists who are supposed to be really pulling the strings, that it's beyond my abilities to hazard even a guess at what's happening behind the scenes.
I thought Cyprus will probably end up with an austerity/mild haircut deal on Monday to avert default for a few more months - maintaining the usual kicking-the-can status quo followed by the usual algo- elated markets. But with so many different theories expounding on strategic advantages, I'm not sure of anything anymore. But I am thankful for all the views that may explain the statements to come on Monday.
This sounds like a revelation of a man behind the curtain, of a man behind the curtain, of a snake oil salesman, in front of a bunch of local yokels.
Traders will just sit back and see who's going to take a big haircut in Russia.I can punch that keyboard pretty fast for those put options.