Replies to post #20097 on Petaquilla Minerals Ltd. (fka PTQMF)

[mopower2u]

The question now is, what will the Russians do about having their money stolen by the EU and Germany?

Some have stated that the Russians will retaliate by charging more for natural gas sent to Europe. If that happens, then all of Europe will suffer because of it. Will social riots be next?

Troubling times we live in right now and by the way things are heading they're going for the gusto on personal liberty in these supposed democratic countries.

Nothing will be safe in the future. Not your life, your money, or your freedom.

LTS...shine on

[mjkiii]

Where to you get these ideas?


It's obvious the Germans didn't want to have anything to do with paying back all the Russian mafia money that was sitting in the Cyprian banks. I wouldn't either.

First of all Germany was never asked, nor was anyone else, to PAY BACK anything. The funds are on deposit in current accounts, savings accounts, and time deposits. Second, nothing says that this was Mafia money other than some bloggers. In fact almost one third was from the UK, not Russia, and most of the rest from legitimate investments to take advantage of the 7% tax as opposed to the 17% tax in Russia.

You are correct that this will have a major impact in Europe. Many companies use electronic transfers of cash when doing business. All that is stopped and the funds on deposit seized. The only people who actually carry cash to pay for inventory are the Chinese and you often see them in Panama with fellows walking with them with briefcases full of money going to the Colon Free Zone. If they can do this in Cyprus, they can do it anywhere in the EU without due process. That is the big issue.