Laundering money is rampant and transparency is the illusion for currency/banking.
The little island of Cyprus draws the world closer to the question of our financial system:
When will our financial system become more expensive to maintain/support than the cost of collapse? Or: When will the expense of supporting our financial system exceed the benefits it brings? Or: When do we say; "You need me more than I need you?"
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Haft time is over for the Euro. We've had our respite. Now the Third quarter has started. Every Euro is secured by the labor/production/service of the population.
Forgive me as I'm not European, I'm American and the same ominous debt is on my shoulders........... Americans guarantee our Dollar just as Europeans do the Euro..... With the full integrity of the masses.
So when will we decide that the financial system takes more than it gives to the human condition?