Cyprus....the money laundering machine. Don't shed too many tears, Cyprus owes whatever economy it has to deposits in their banks from outside sources that dwarf it's GDP. Ask yourself; why does a country that has the equivalent of 7X their annual GDP in bank deposits need a bailout???
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.