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Bail-out agreed!

Benefits and problems from the EU membership.

Re: Bail-out agreed!

Postby B0B » Sun Mar 17, 2013 4:19 pm

no money will be shipped, cargoed, mailed, muled or pigeoned any time soon
as i said in the other thread - this bailout has not been agreed by the rest of the eu member states
in order to be agreed theres a legal timeframe for that
the banks are bankrupt, the state is bankrupt
the government thinks it can play a nerve game with eu
thus spinning the whole panic out of control
by the end of the week the military would have a lot to do

worse off the russian money that are being stolen
would have to be paid back somehow
these money belong to the type of russians that are not some philanthropists
if they have to - they will take whats theirs

in the other thread i said the things are going to a martial law
if monday european banks dont open
consider cyprus a war zone
because that gas is going nowhere
it all matter who comes to take it
and guess who will
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Re: Bail-out agreed!

Postby CBBB » Sun Mar 17, 2013 4:25 pm

B0B wrote:no money will be shipped, cargoed, mailed, muled or pigeoned any time soon
as i said in the other thread - this bailout has not been agreed by the rest of the eu member states
in order to be agreed theres a legal timeframe for that
the banks are bankrupt, the state is bankrupt
the government thinks it can play a nerve game with eu
thus spinning the whole panic out of control
by the end of the week the military would have a lot to do

worse off the russian money that are being stolen
would have to be paid back somehow
these money belong to the type of russians that are not some philanthropists
if they have to - they will take whats theirs

in the other thread i said the things are going to a martial law
if monday european banks dont open
consider cyprus a war zone
because that gas is going nowhere
it all matter who comes to take it
and guess who will


I do enjoy reading posts backed by solid facts and reasoning.
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Re: Bail-out agreed!

Postby Demonax » Sun Mar 17, 2013 4:26 pm

The votes aren't there. Looks like this Bill cannot pass in its current form.

According to reports on SigmaTV, 28 out of 56 MPs are against the new bill. AKEL and EDEK have already made announcements that they will vote against it.

The ECB now faces the very real possibility that the bill will be rejected, in which case it would cut off liquidity to Cyprus banks, and face systemic failure. The other alternative is for the Eurogroup to withdraw the bank tax proposal.


http://www.cyprusnewsreport.com/?q=node/6561
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Re: Bail-out agreed!

Postby B0B » Sun Mar 17, 2013 4:37 pm

seems like theyve spent some time with some russians and their little friends :lol:

CBBB wrote:I do enjoy reading posts backed by solid facts and reasoning.

sounds like you work in a bank :wink:
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Re: Bail-out agreed!

Postby Demonax » Sun Mar 17, 2013 4:43 pm

A 'softer' stance from the European Parliament emerging:

Martin Schulz, the head of the European Parliament, said that small depositors in Cyprus should be protected, proposing that there should be no haircut to account whose balance does not exceed 25,000 euros, in an interview to German newspaper Welt am Sonntag on Sunday.

http://ekathimerini.com/4dcgi/_w_articl ... 013_488274
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Re: Bail-out agreed!

Postby sven » Sun Mar 17, 2013 4:51 pm

Demonax wrote:
CopperLine wrote:Whether the banks open on Monday, Tuesday or whenever, the longer the delay in opening the banks the greater the panic and run.


True. Note the reference to the ECB urging Anastasiades to not delay this vote. The ECB are clearly worried about contagion and bank runs elsewhere. A tactic by Anastasiades to delay things so that market panic might give him a better negotiating position? My advice is to delay as much as possible and let the markets go into free fall...


The Dominoes are in position. I agree let it all go into free fall, across the EU, ARREST THE BANKERS, and zero the debts, not savings. Naive , I know, but it can't go on. The IMF and ECB etc have so far relied on the threat of leaving people with no currency, but the thing is, that is going to happen anyway. SOD the IMF and ECB etc, they are after all your natural resources, so the promise of guaranteeing the shares through the GAS is not worth the paper it will be printed on.
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Re: Bail-out agreed!

Postby sven » Sun Mar 17, 2013 4:57 pm

sven wrote:
Demonax wrote:
CopperLine wrote:Whether the banks open on Monday, Tuesday or whenever, the longer the delay in opening the banks the greater the panic and run.


True. Note the reference to the ECB urging Anastasiades to not delay this vote. The ECB are clearly worried about contagion and bank runs elsewhere. A tactic by Anastasiades to delay things so that market panic might give him a better negotiating position? My advice is to delay as much as possible and let the markets go into free fall...


The Dominoes are in position. I agree let it all go into free fall, across the EU, ARREST THE BANKERS, and zero the debts, not savings. Naive , I know, but it can't go on. The IMF and ECB etc have so far relied on the threat of leaving people with no currency, but the thing is, that is going to happen anyway. SOD the IMF and ECB etc, they are after all your natural resources, so the promise of guaranteeing the shares through the GAS is not worth the paper it will be printed on.

In criminal terminology it is a con known as "Bait and Switch".
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Re: Bail-out agreed!

Postby cyprusgrump » Sun Mar 17, 2013 7:13 pm

The Botching of the Cyprus Bailout: Worse Than Lehman Brothers

Everyone now agrees that Treasury Secretary Hank Paulson badly botched the Lehman Brothers crisis of 2009. But at least he had an excuse. Panicked by the speed of Lehman’s meltdown, he had no time for second thoughts. By comparison the German-led group of EU officials who engineered this weekend’s Cyprus bank bailout don’t have a leg to stand on. Although they had years to consider their options (Cyprus’s problems are closely related to those of Greece and have long been almost as obvious), they have opted for a “solution” that amounts to probably the single most inexplicably irresponsible decision in banking supervision in the advanced world since the 1930s.
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Re: Bail-out agreed!

Postby Cap » Sun Mar 17, 2013 7:20 pm

B0B wrote:no money will be shipped, cargoed, mailed, muled or pigeoned any time soon
as i said in the other thread - this bailout has not been agreed by the rest of the eu member states
in order to be agreed theres a legal timeframe for that
the banks are bankrupt, the state is bankrupt
the government thinks it can play a nerve game with eu
thus spinning the whole panic out of control
by the end of the week the military would have a lot to do

worse off the russian money that are being stolen
would have to be paid back somehow
these money belong to the type of russians that are not some philanthropists
if they have to - they will take whats theirs

in the other thread i said the things are going to a martial law
if monday european banks dont open


consider cyprus a war zone
because that gas is going nowhere
it all matter who comes to take it
and guess who will



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Re: Bail-out agreed!

Postby B0B » Sun Mar 17, 2013 7:53 pm

we already had that blast :lol: :|
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