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Meanwhile, At Cyprus Airport...

Tyler Durden's picture




 

A quick glance at the Larnaca runways, also known as the Russian (and perhaps even other, but that would impair the media narrative that "only Russian tax-evading oligarchs are evil") private jet parking lot, shows that things are as heated as ever, although maybe just a tad less heated. Channel 4's Faisal Islam observes that while there are 12 private jets on the tarmac, this is one less then ten days ago. When this number drop to zero, the Cypriot depression has officially begun.

But what is funniest is that the the sign advising departing passengers to please limit their cash outflows to just €1000 per passenger is quite noticeably in Russian in the lower version. Fear not: all the Russian money has long since left the now broke country.

h/t @faisalislam

 

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Thu, 03/28/2013 - 08:56 | 3384879 Obadiah
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How many days before this is seen in amerika?

 

3 years tops?

Thu, 03/28/2013 - 08:58 | 3384895 GetZeeGold
GetZeeGold's picture

 

 

Glad to hear someone is optimistic.

Thu, 03/28/2013 - 08:59 | 3384905 SafelyGraze
SafelyGraze's picture

next thing you know, there will be a movie about someone stealing paintings

Thu, 03/28/2013 - 09:03 | 3384920 francis_sawyer
francis_sawyer's picture

Looks like the tarmac of the Augusta, GA airport during Masters week...

Thu, 03/28/2013 - 09:09 | 3384948 idea_hamster
idea_hamster's picture

1000 euros per person, huh?

I guess we can finally say that it pays to have an entourage!

Thu, 03/28/2013 - 09:20 | 3384985 ACP
ACP's picture

Funny how the English portion of the sign references "movement" of money while the Russain sign references "departures."

Thu, 03/28/2013 - 09:24 | 3385006 SafelyGraze
SafelyGraze's picture

what? a movie about art theft? 

so soon?

http://www.movies.com/trance/m69285

thanks, hollywood!

Thu, 03/28/2013 - 09:55 | 3385116 redpill
redpill's picture

Long money belts

Thu, 03/28/2013 - 11:57 | 3385570 Antifaschistische
Antifaschistische's picture

amounts in excess of 1000 euros...please use the private jet or yacht.  The 1% scores again.  The 99% have to go through the customs chute. 

Thu, 03/28/2013 - 09:20 | 3384988 Stuck on Zero
Stuck on Zero's picture

I'll bet all those jets are fully fueled and have anti-missile systems aboard.

 

Thu, 03/28/2013 - 13:54 | 3385977 Passage
Passage's picture

Must be lufthansa planes

Thu, 03/28/2013 - 09:26 | 3385010 fuu
fuu's picture

I don't know about the rest of you but my 1 card bearing account has a $200/day limit on it already. To get more I have to go in and sign a form with the bank.

Capital controls already exist for some Americans.

Thu, 03/28/2013 - 09:40 | 3385061 SokPOTUS
SokPOTUS's picture

Try getting pulled over with a couple thousand in cash by a cop in Amerika.  You'll have no capital left to control.

Thu, 03/28/2013 - 09:43 | 3385075 fuu
fuu's picture

Only criminals use cash.

Thu, 03/28/2013 - 17:23 | 3386826 Umh
Umh's picture

You think like a cop. Well; I'm not sure think is the right word for cops.

Thu, 03/28/2013 - 10:31 | 3385267 SubjectivObject
SubjectivObject's picture

What gets me is; how do the c opps find out there is cash in the car?

[Ha! Rhetorical question, sheepys]

Thu, 03/28/2013 - 10:44 | 3385317 Stud Duck
Stud Duck's picture

A aquaintance of mine sell radar gun to the cops. A 10 year old model could be pointed a any car and if the operator of the vehicle had more than $2,000 in that vehicle the radar gun would tell the cop about it. I guess the magnetic strips in the bills are what give it away to the new gun. This is 10 year old technology!!! It has helped finace the Springfield Joplin Missouri well. It is used also in Mississippi well in the cinfiscation of cash frompeople traveling to Florida!

A lot of cash can get you really screwed if you get caught with it!

Thu, 03/28/2013 - 12:26 | 3385690 Stares straight...
Stares straight ahead's picture

I doubt the radar gun is this sophisticated yet. But, I think large amounts of cash can be detected by the magnetic strip contained in the bills larger than the one dollar bill, thru other means, especially at airports.

You can extract the magnetic strip in theory, though I believe this would be illegal, so I, of course, do not recommend it.  Incidentally, almost all of my large bills have been lost in an unfortunate boating accident, involving hookers and cocaine.

http://www.instructables.com/id/Pulling-the-Magnetic-Strip-out-of-Americ...

 

Thu, 03/28/2013 - 12:29 | 3385704 General Decline
General Decline's picture

I wonder what effect a microwave would have on this strip?

Thu, 03/28/2013 - 17:26 | 3386834 Umh
Umh's picture

Wrapping it in metal is easier to do and it won't smell like pizza either.

Thu, 03/28/2013 - 12:40 | 3385744 Stares straight...
Stares straight ahead's picture

But, I could be mistaken.  Two sites suggesting the bills are not detectable thru this means.

 

http://www.straightdope.com/columns/read/1069/were-magnetic-strips-put-i...

http://www.snopes.com/business/money/strip.asp

Thu, 03/28/2013 - 09:51 | 3385108 Bunga Bunga
Bunga Bunga's picture

How many days before this is seen in amerika?

The equivalent would be cash limits when leaving Rhode Isalnd to New York. 

 

Thu, 03/28/2013 - 08:57 | 3384882 fonzannoon
fonzannoon's picture

Meanwhile at the Easthampton airport....

 (Reuters) - Steven A. Cohen, the hedge find titan who runs SAC Capital Advisors, agreed last week to buy an oceanfront home in East Hampton, New York for $60 million, the New York Times said, citing a person with direct knowledge of the sale.

 

At the same time, Cohen put his duplex apartment in a midtown Manhattan tower on the market for $115 million, the newspaper said, citing the person.

 

News of the real estate activity surfaced one day after reports that Cohen bought Pablo Picasso's "Le Reve" from casino owner Stephen Wynn for $155 million.

 

 

Thu, 03/28/2013 - 09:05 | 3384926 Lets_Eat_Ben
Lets_Eat_Ben's picture

and I just bought a half-ounce of some killer bud for about 155$.

 

The big boys are moving out of paper and into real things that have perceived value.

Thu, 03/28/2013 - 10:28 | 3385253 SubjectivObject
SubjectivObject's picture

And out of concentrated population areas ....

Thu, 03/28/2013 - 09:59 | 3385134 plaspotje
plaspotje's picture

i guess my true friend adolf forgot to take out his mom and dad ,,,, this piece of shit running with our money but we know his address now and yes drones are goooood, even in the hands of angry investors who know how to make bombs and fly drones

Thu, 03/28/2013 - 12:32 | 3385714 ConfederateH
ConfederateH's picture

The fiat money flows from Bernanke to Cohen without even the IRS getting a cut.  Amazing.

Thu, 03/28/2013 - 08:57 | 3384886 gold-is-not-dead
gold-is-not-dead's picture

how many grams of gold on a chain or how many bitcoins per passenger?

Thu, 03/28/2013 - 09:05 | 3384927 jeebus
jeebus's picture

That'd be about 3/5 of an ounce of gold and just over 10 bitcoins.

Thu, 03/28/2013 - 09:19 | 3384984 TumblingDice
TumblingDice's picture

Unlimited, if you know what you're doing.

Thu, 03/28/2013 - 08:59 | 3384903 Bicycle Repairman
Bicycle Repairman's picture

Impound those jets, Cypriot bitchez.

Thu, 03/28/2013 - 18:44 | 3387095 Umh
Umh's picture

Whose side are you on anyway?

Thu, 03/28/2013 - 09:03 | 3384911 Ratscam
Ratscam's picture

hardly any checking at customs when travelling on a private jet. Separate terminal at any larger airport.

Thu, 03/28/2013 - 10:33 | 3385280 gold-is-not-dead
gold-is-not-dead's picture

true man, they should bring larger planes...

Thu, 03/28/2013 - 09:01 | 3384914 Jason T
Jason T's picture

Again, their stock market went from 5500 in fall of 2007 to  now just 102.  

I wonder if Cyprus has "preppers" like we have in the U.S.

Thu, 03/28/2013 - 12:33 | 3385724 Theosebes Goodfellow
Theosebes Goodfellow's picture

A.) They do now.

B.) Not anymore.

 

 

~"I wonder if Cyprus has "preppers" like we have in the U.S."~

Thu, 03/28/2013 - 09:05 | 3384915 Shizzmoney
Shizzmoney's picture

2015 is the date when economic reality starts to hit the US and the UK. 

If you look at the history of bubbles, they generally usually occur during the end of presidential terms, and it usually something new. 

The next crisis will be spurred by sovereign bonds.  This will be dangerous because it will probably lead to higher interest rates, which means governments can't just borrow endlessly to meet the needs of the many people that rely on it (and bankers won't be able to get free money towards speculation.....which is fueling the bubble now). 

Add to the fact that you have the neutron bomb that is ObamaCare (which will decimate employement, dragging on tax reciepts), as well as the natural uncertainty resulting from the end of a presidential term, there will be market uncertainty going into 2016 (due to unknown tax rates and policy changes)....all of which will lead to a market sell off.

Thu, 03/28/2013 - 09:11 | 3384963 Seasmoke
Seasmoke's picture

Obama will remain president and elections will be cancelled. Forward to Dow 36,000.

Thu, 03/28/2013 - 09:35 | 3385038 Shizzmoney
Shizzmoney's picture

TBH it will mostly likely be Christie/Rubio who wins in 2016, and we head to war with Iran by the end of the decade.

Thu, 03/28/2013 - 09:43 | 3385078 SokPOTUS
SokPOTUS's picture

Pfft.  Like Hillary will be any better.  Just keep watching the clown show while the oligarchs steal you blind.

Thu, 03/28/2013 - 10:11 | 3385189 Shizzmoney
Shizzmoney's picture

Thankfully for me, I'm broke so the oligarch have nothing they can steal from me.

Hillary will start the war too.....I just think the GOP wins POTUS in 2016.  There is NO way this country will ever vote for a woman especially afte having 8 years of a black president.

They could put Holy Mary on the damn ticket and the American people would still vote against her.

Thu, 03/28/2013 - 14:17 | 3386060 SokPOTUS
SokPOTUS's picture

Never count out the GOP for being too stupid to win an election.  Didn't work out so well for them last year, eh?

Thu, 03/28/2013 - 17:49 | 3386931 howenlink
howenlink's picture

It could just be Christie/Christie, size-wise.  Although Bloomberg would oppose it.

Thu, 03/28/2013 - 09:16 | 3384974 Bicycle Repairman
Bicycle Repairman's picture

Economic reality hits whenever J6P finally figures out what Obamacare means for his wallet and his coverage.  Sometime between now and 1/1/14.  That will also be the date when Obama's term as a lame duck President begins.

Thu, 03/28/2013 - 09:08 | 3384941 exartizo
exartizo's picture

Kudos to you Tyler!

Your ingenuity and resourcefulness knows no bounds my friend(s).

lol

Thu, 03/28/2013 - 09:10 | 3384954 Wildmann
Wildmann's picture

Looks like there is still room for a couple of Russian MIGs.

Thu, 03/28/2013 - 09:11 | 3384962 Tango in the Blight
Tango in the Blight's picture

Larnaca airport will be soon as busy as Nicosia International Airport.

http://en.wikipedia.org/wiki/Nicosia_International_Airport

Thu, 03/28/2013 - 09:22 | 3385000 MsCreant
MsCreant's picture

I did not know birds used airports like that.

Thu, 03/28/2013 - 09:20 | 3384979 Mitch Comestein
Mitch Comestein's picture

Your headline premise of this story is the worst you have ever printed.  A plane is missing.  Oh, head to the bomb shelter!  Must be a slow news day.

You should have led with the currency limit sign.  Now that is interesting.

Thu, 03/28/2013 - 10:41 | 3385312 volatileangel
volatileangel's picture

One less than ten days ago... But how many of those private jets ten days ago were flown in by the IMF and ECB managing the looting of a nation? Their job is almost done, of course they're going to fly out of there before the real SHTF scenario starts. The fact that one millionaire has left just tells me the one who was responsible for hitting the self destruct button knows when to get out. The rest will follow over the next few days.

Thu, 03/28/2013 - 09:24 | 3385004 tecno242
tecno242's picture

The jewelry stores, coin shops and any place that sells anything of consistent value that can be loaded into a plane that's not cash should be cleaned out of stores within days as the planes disappear.

Thu, 03/28/2013 - 18:47 | 3387098 Umh
Umh's picture

Hey honey; look at the deals I got while I was in Cyprus working!

Thu, 03/28/2013 - 09:25 | 3385005 Scalaris
Scalaris's picture

Monetary gulag and a 'no paper fly zone' to boot.

Willkommen in Europa.

Thu, 03/28/2013 - 09:37 | 3385046 SokPOTUS
SokPOTUS's picture

Take existing cash.  Buy large quantity of iPods in Cypriot Euros.  Load onto Private Plane.  Less compact than Gold, but moreso than Silver in value per ounce.  Exchange for Rubles after landing in Moscow. 

Eat it, Troika.

 

(see what I did there?)

 

Thu, 03/28/2013 - 09:42 | 3385068 SokPOTUS
SokPOTUS's picture

Yep, techno242.  And repeat as necessary.

Thu, 03/28/2013 - 10:20 | 3385224 Bogdog
Bogdog's picture

I might want to move my jet to someplace where it won't be siezed as collateral for unpaid tax levies. But then maybe I paid off the right people to ensure that wouldn't happen.

Thu, 03/28/2013 - 10:32 | 3385274 Debugas
Debugas's picture

can i trip 100 passengers together with me back and force N times per day?

Thu, 03/28/2013 - 11:47 | 3385547 Yen Cross
Yen Cross's picture

     Those Ruskies may have rescued their euros from Cyprus, but 'Vlad The Impaler' , is on to them.

      Russia to ban cash transactions over $10,000 | Russia Beyond The Headlines

 

Thu, 03/28/2013 - 12:24 | 3385682 squexx
squexx's picture

Russian Mafia = Satanic Tribe

Thu, 03/28/2013 - 12:51 | 3385773 General Decline
General Decline's picture

are you suggesting that the Russian mafia are Jews?

Thu, 03/28/2013 - 13:10 | 3385829 optimator
optimator's picture

Just like all those "Guests" on CNBS?

Thu, 03/28/2013 - 13:01 | 3385797 Smiley
Smiley's picture

Does anybody really think you can take Billions of Euros in Russian mob money and not have there be any repercussions?  Me thinks some banksters and politicians may wake up tied to a chair in a warehouse seeing Boris standing in front of them holding a set of pruning sheers.

Thu, 03/28/2013 - 13:03 | 3385809 Gloomy Gus
Gloomy Gus's picture

Does anyone in Cyprus have a large telephone lens ?  It would be interesting to get the numbers of those planes and trace their ownership.

Thu, 03/28/2013 - 13:04 | 3385811 Gloomy Gus
Gloomy Gus's picture

telephoto lens, telephoto lens...

 

geez.

Thu, 03/28/2013 - 16:33 | 3386670 headless blogger
headless blogger's picture

The looting is getting more obvious and more frequent. This is a bad sign for all the 'lil folk. Shutting down banks so the people with connections can have-at the loot is seriously warped.

When are the people responsible for allowing this looting going to be rounded up? Looks like the "99%" are about 99% idiots. I mean they are litterally lining there jets up on the tarmac and hauling off the goods. What more do the sheep need before they draw their guns?

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