Tag Archives: Cyprus

The Ice Man Cometh, But It Isn’t Ice Cream That He Delivereth… (Who Has Eyes To See, Let Him See…)

Some may remember hearing that Cyprus ‘saved’ its banks by confiscating chunks of the deposits people had entrusted to them. That was last Spring and it caused a lot of Eurofolk aware of their own governments’ and banks’ Potemkin finance … Continue reading

Posted in Bank Failure, Conservatives, Debt, Economics, Europe, Fiscal/Financial Responsibility | Tagged , , , , , , , , | 2 Comments

Will “The Rape of Cyprus” Be Playing Soon In Your Neighborhood?

When future history notes that financial collapse marked the early years of both the 20th and 21st centuries, the “Rape of Cyprus” may serve to model what followed 2013; at least some highly qualified observers have predicted it. Cyprus reports the latest … Continue reading

Posted in Bank Failure, Barack Obama, Debt, Depression, E.U., Finance, Fiscal/Financial Responsibility, Guns, Inflation, Military, Politics, Riots | Tagged , , , , , , | 4 Comments

Update On the Coming Collapse (Cyprus Banks Still Shut)

We last considered Cyprus as its government proposed to bail out its failing banks by grabbing 10 percent of the money depositors had entrusted to those banks. Its parliament refused to do that (mobs in the streets, etc.) so the … Continue reading

Posted in Bank Failure, Banks, Debt, Depression, E.U., Europe, Fiscal/Financial Responsibility, Overspending, Politics | Tagged , , , , , | 4 Comments

Another Financial Shoe Drops…

We continue to point to the visible collapse of the world’s finances with this, our third in the ongoing series. South American monkeyshines–Argentina’s supermarket price freeze and Venezuela’s devaluation–were the first shoes to drop, followed by the German slowdown that … Continue reading

Posted in Bank Failure, Banks, Debt, Depression, E.U., Europe, Fiscal/Financial Responsibility, Overspending | Tagged , , , , , | 5 Comments