Cyprus-Forum.com

[cyprusgrump]

Are you really so sold out to Banks, tied to unregulated capitalism, that you have completely lost sight of other forms of civilised co-operative living?

Are you really completely unable to answer a very simple and relevant question?

Your problem is that you don't want to see the answers you don't like.

- You assume being a Cypriot peasant means having nothing.

Your problem is that you cannot answer a very simple and relevant question...

Presumably because you would be embarrassed by the answer...

Why would I be embarrassed by the answer? You're the one who assumes to be a Cypriot peasant is to have nothing. It's because Cyprus left to Cypriot peasants would generate for them a lot of wealth that all these countries want their slice. Turkey, Britain, USA, Germany etc!

Why don't you answer the question then...?

When you achieve your 'sustainable' peasant lifestyle with your donkey and your olive tree will you or will you not turn your back on modern medical techniques and life saving drugs?

Would you let somebody die from a treatable illness rather than use drugs and medical techniques produced by the multinational companies that you so despise?

Simple question...

[Maximus]

I am not keen on this, but i dont see it as a disaster either.

What is the alternative?

This is what the government will need to explain. Especially on why it is necessary to tax those with small savings. This has to be passed in Parliament before Tuesday. Anyone know what the figures are in the House of Representatives?

deposits under 100K should be protected, even under EU legislation. This should be challenged but I think a bail-in of some sort will pass to manage the debt sustainability. Depositors with more than 100K will then be left to shoulder more of the burden.

either way, this is not a tax, depositors will receive equity in the bank in exchange.

[cyprusgrump]

I am not keen on this, but i dont see it as a disaster either.

What is the alternative?

This is what the government will need to explain. Especially on why it is necessary to tax those with small savings. This has to be passed in Parliament before Tuesday. Anyone know what the figures are in the House of Representatives?

Given that my bank account is effectively 'frozen' already (I cannot transfer my money out using Internet banking), I suspect that are quite sure that this will be passed...

Given that the ATM machines were very busy today, I would guess that they will take the close of business account balance on Friday and steal 6/10% of that...

Just spoken to a Cypriot friend of mine that had cleared a huge amount of his land to convert to solar panels - His bank manager gave him a 100% guarantee on Friday that there would be no haircut. Consequently, he left the money for the solar farm in the bank and has now lost 10% of it.... He is not happy...

[GreekIslandGirl]

Your problem is that you don't want to see the answers you don't like.

- You assume being a Cypriot peasant means having nothing.

Your problem is that you cannot answer a very simple and relevant question...

Presumably because you would be embarrassed by the answer...

Why would I be embarrassed by the answer? You're the one who assumes to be a Cypriot peasant is to have nothing. It's because Cyprus left to Cypriot peasants would generate for them a lot of wealth that all these countries want their slice. Turkey, Britain, USA, Germany etc!

Why don't you answer the question then...?

When you achieve your 'sustainable' peasant lifestyle with your donkey and your olive tree will you or will you not turn your back on modern medical techniques and life saving drugs?

Would you let somebody die from a treatable illness rather than use drugs and medical techniques produced by the multinational companies that you so despise?

Simple question...

Why should I turn my back on medicine? We have had medicine since time immemorial. Who did the work to improve the medicines? The science started by ....shh ... you know who ... You seem to think Cypriot peasants are not part of society.

I want to see pharmaceutical companies more regulated, accountable, transparent with there research and medicines made cheaper and more effective. How is that an unacceptable ideal for a Cypriot peasant?

[Demonax]

The strange thing is that the gov't is probably thinking that the tax on smaller savers is necessary to prevent the wealthy depositors (i.e. russians) from taking all the hit. Thus hoping the Russians won't move all their money out! After all, a 10 per cent levy is better than a 100 per cent levy to a Russian oligarch! Especially if the banks were to go bust.

I really don't know about this. I think this is going to end up in people moving their money out of places like Cyprus. Not encouraging them to keep their money in!

Maybe in 10 years time things will settle down. But in the short run this is going to lead to chaos and bank runs, and not just in Cyprus.

[cyprusgrump]

Why should I turn my back on medicine? We have had medicine since time immemorial. Who did the work to improve the medicines? The science started by ....shh ... you know who ... You seem to think Cypriot peasants are not part of society.

I want to see pharmaceutical companies more regulated, accountable, transparent with there research and medicines made cheaper and more effective. How is that an unacceptable ideal for a Cypriot peasant?

For goodness sake, stop twisting and turning...

You said this: -

Cypriots are peasants. We don't need any money.

They can take it all. Then we can have our freedom. Oh and a donkey and a goat and an olive tree. Bliss.

The simple question, which you refuse to answer is this: -

When you achieve your peasant, money-free lifestyle, will you eschew expensive, life saving techniques and medicines produced by the multinational profit making companies that you despise?

Or, faced with somebody dying of a curable disease would you simply apply a bread poultice and hope for the best...?

[cyprusgrump]

The strange thing is that the gov't is probably thinking that the tax on smaller savers is necessary to prevent the wealthy depositors (i.e. russians) from taking all the hit. Thus hoping the Russians won't move all their money out! After all, a 10 per cent levy is better than a 100 per cent levy to a Russian oligarch! Especially if the banks were to go bust.

I really don't know about this. I think this is going to end up in people moving their money out of places like Cyprus. Not encouraging them to keep their money in!

Maybe in 10 years time things will settle down. But in the short run this is going to lead to chaos and bank runs, and not just in Cyprus.

Quite so!

[GreekIslandGirl]

Why should I turn my back on medicine? We have had medicine since time immemorial. Who did the work to improve the medicines? The science started by ....shh ... you know who ... You seem to think Cypriot peasants are not part of society.

I want to see pharmaceutical companies more regulated, accountable, transparent with there research and medicines made cheaper and more effective. How is that an unacceptable ideal for a Cypriot peasant?

For goodness sake, stop twisting and turning...

You said this: -

Cypriots are peasants. We don't need any money.

They can take it all. Then we can have our freedom. Oh and a donkey and a goat and an olive tree. Bliss.

The simple question, which you refuse to answer is this: -

When you achieve your peasant, money-free lifestyle, will you eschew expensive, life saving techniques and medicines produced by the multinational profit making companies that you despise?

Or, faced with somebody dying of a curable disease would you simply apply a bread poultice and hope for the best...?

You have loaded what I have said with your own prejudices about what it means to be a peasant in Cyprus.

Back to topic:

I'm not defending what has been done to Cyprus - but I don't want to see mass hysteria make it worse for Cyprus.

I'm sure (if our government has the most basic brain) they would have agreed to a levy that gives the troika some satisfaction but still leaves the Oligarchs, foreign savers etc. still calculating they are still going to make more in interest rates in Cyprus than if they took their money elsewhere.

[cyprusgrump]

Why should I turn my back on medicine? We have had medicine since time immemorial. Who did the work to improve the medicines? The science started by ....shh ... you know who ... You seem to think Cypriot peasants are not part of society.

I want to see pharmaceutical companies more regulated, accountable, transparent with there research and medicines made cheaper and more effective. How is that an unacceptable ideal for a Cypriot peasant?

For goodness sake, stop twisting and turning...

You said this: -

Cypriots are peasants. We don't need any money.

They can take it all. Then we can have our freedom. Oh and a donkey and a goat and an olive tree. Bliss.

The simple question, which you refuse to answer is this: -

When you achieve your peasant, money-free lifestyle, will you eschew expensive, life saving techniques and medicines produced by the multinational profit making companies that you despise?

Or, faced with somebody dying of a curable disease would you simply apply a bread poultice and hope for the best...?

You have loaded what I have said with your own prejudices about what it means to be a peasant in Cyprus.

Back to topic:

I'm not defending what has been done to Cyprus - but I don't want to see mass hysteria make it worse for Cyprus.

I'm sure (if our government has the most basic brain) they would have agreed to a levy that gives the troika some satisfaction but still leaves the Oligarchs, foreign savers etc. still calculating they are still going to make more in interest rates in Cyprus than if they took their money elsewhere.

Not at all...

I merely quoted what you said and asked (and have repeated multiple times) as simple question relating to it...

The fact that you have refused to answer that very simple question is in itself an answer I would suspect....

[GreekIslandGirl]

Why should I turn my back on medicine? We have had medicine since time immemorial. Who did the work to improve the medicines? The science started by ....shh ... you know who ... You seem to think Cypriot peasants are not part of society.

I want to see pharmaceutical companies more regulated, accountable, transparent with there research and medicines made cheaper and more effective. How is that an unacceptable ideal for a Cypriot peasant?

For goodness sake, stop twisting and turning...

You said this: -

Cypriots are peasants. We don't need any money.

They can take it all. Then we can have our freedom. Oh and a donkey and a goat and an olive tree. Bliss.

The simple question, which you refuse to answer is this: -

When you achieve your peasant, money-free lifestyle, will you eschew expensive, life saving techniques and medicines produced by the multinational profit making companies that you despise?

Or, faced with somebody dying of a curable disease would you simply apply a bread poultice and hope for the best...?

You have loaded what I have said with your own prejudices about what it means to be a peasant in Cyprus.

Back to topic:

I'm not defending what has been done to Cyprus - but I don't want to see mass hysteria make it worse for Cyprus.

I'm sure (if our government has the most basic brain) they would have agreed to a levy that gives the troika some satisfaction but still leaves the Oligarchs, foreign savers etc. still calculating they are still going to make more in interest rates in Cyprus than if they took their money elsewhere.

Not at all...

I merely quoted what you said and asked (and have repeated multiple times) as simple question relating to it...

The fact that you have refused to answer that very simple question is in itself an answer I would suspect....

Your ever-changing, shifting, loaded question? Each time I answer, you load more assumptions. And which presumes Cypriot peasants are not part of society nor have any money. Your British idea of a peasant is someone uneducated without property - that's not the case in Cyprus. The Good Life doesn't mean you're an outcast.