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Smokey22

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Smokey22

Re: ahimsak post# 6751

Wednesday, 03/20/2013 7:25:44 PM

Wednesday, March 20, 2013 7:25:44 PM

Post# of 37921
Cyprus would not be the problem. It would be the EU. Cyprus in itself is not important, except as a precedent that would be set for the European Union to grab depositors' money from banks, in order to pay for European bank bailouts.

It was the EU that wanted this, not Cyprus. Nigel Farage, the libertarian type guy in England, is telling British citizens to take all their money out of banks in the EU because he fears the EU will start trying to grab depositors' money in other countries too.
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