Cyprus seeks Russian rescue, EU threatens cutoff

Originally posted by dominicus
WHile I commend them for not raping the people's bank accounts, I still face palm myself over hoe they are supposed to fix their deficit/bankruptcy.

Let me get this straight. They are broke and owe money with interest, so the solution is to borrow more money with more interest?

WTF??????

More countries should follow in the footsteps of Iceland. A big middle finger to your debtors and start all over, or bring in a new currency, a fake coup, become an exporter of various products, etc

Quite easily.

All these indebted countries should, Greece, Italy, Spain, Cyprus, Portugal, Ireland, Iceland, should simply tell the EU, IMF, ECB, and whoever the f***, to go shove it in their you know whats, drop the Euro currency, walk out of the EU, throw out any IMF personnel, and declare them selves bankrupt and debt free.
That is what Russia did, that is what Argentina did. Basically, more or less.
Rather then play the game of the banksters, which is to keep you in debt to them, they need to break the shackles and be free.

Print their own money again.
Maybe a more flexible European periphery currency of sorts?
Trade with each other heavily, and countries like Russia and China. Countries not aligned to the Anglo-American-Dutch financial mafia trying to control the planet.

Believe it or not, there IS life without the EU, Euro, America..


Greece and Cyprus are sitting on hundreds of billions of dollars worth of natural resources.
Ever wondered why there is so much interest in that region, and why there is so much tension? Resources...there's your answer.

Greece, Spain, Italy, should quit NATO as full member as well.
Create their own military alliance based on defending each others territory and interests such as exclusive economic zones, together with Cyprus, Ireland and Iceland.
It's not like they are going to go to war with Germany or America or the UK, and vice versa. So it wouldn't be aimed at the rest of the West.


The only way for these countries to move forward, is to break free from the banksters.

It can be done.
It has been done.
And it will be done again.


Do not believe in the propaganda that their only option for survival is the EU/IMF/Troika and all that bullsh**.

The point of that propaganda is to turn public opinion towards those institutions, towards the banksters, so that those governments are pressured into accepting their terms.

And if they don't? Well, you will see soon with Cyprus if Cyprus continues to resist the banksters, what will happen.

You can already see the ignorant and ill informed comments on here which are against Cyprus and their decision.
These ignorant and ill informed comments are a direct result of the propaganda in the media.


Wake up.

The EU/IMF/Euro/America are the not be all, end all.


There are alternatives.
Better alternatives.


What have any of these institutions which have created more debt, more joblessness, more heartache and more problems, done to actually fix anything? NOT A DAMN THING.

What they have done is fill the pockets of their own, the banksters, with more money.
More money they created out of thin air and loaned to countries like Germany, who in turn loaned it to Greece.

Guess who is going to pay for that, and who is paying for that?

EVERY SINGLE ONE OF US.


There is no us vs them, when it comes to the ordinary citizens. We are all one and the same, all in the same basket.

There is a us vs the banksters though.
It's just a pity that half a decade into this unfolding catastrophe, that a lot of people still haven't worked it out yet. Even though it's starring them in the face more and more.

reply to post by Chrysalis

their banks speculated with all that cash

It is not just the banks in Cyprus that speculated with cash. It seems to me it is an international problem not the fault of a single government or a countries people..

If you want to read something that will give you a better understanding of the EU situation, then I suggest you read this article from Paul the grauwe: www.fuw.ch...
Who is this guy well: A Belgian Economist who's well renowned trough out the EU, Fields:International economics, Monetary economics, European economy

What is your opinion on the position of Germany, which is very strict on their negotiation terms?
It is very worrisome that it looks like that the creditor nations do all the decisions and put strong conditions on the debtor nations. For one, it is based on a wrong diagnosis of the Euro crisis. Southern European countries have of course accumulated too much debt, but this was only possible as creditors in the Northern Europe were giving out this credit. So both were equally foolish, the responsibility is on both sides. Therefore there is no good or bad, no black or white in the question who caused the crisis. But as the creditor nations have the money, they set the rules. This has huge implications in terms of legitimacy. Some countries can impose conditions on others in a very arrogant way. Germany humiliated countries like Portugal and Greece. In the end, this will lead to rejection. People in Southern Europe will say: We prefer being poor to being dictated by the Germans.

So people who are playing the blame game on the southern country's think again, Our government are also to blame.
Also you might want to read about what he has to say about the "technocrats", if you are talking about the NWO then read it, it can't get more obvious then that.

So an update from rt
rt.com...

The bills presented include plans to recapitalize its banking sector, eight times the size of Cyprus’ €17 billion economy, and lay losses on big depositors. The finance minister and Cyprus Central Bank are granted emergency powers to introduce any restrictive measures on banking activities to stop money flooding out of the Cypriot banks when they reopen next week after 10 days’ holiday.

Cyprus Central Bank governor Panicos Demetriades told reporters Thursday that “the banking system needs restructuring otherwise it will go bankrupt and it needs to be done immediately.”

In other words they are making sure people won't be able to close their accounts or empty them by the time the banks get open. Sad and its still theft.

Looks like Russia turned them down
www.bloomberg.com...


I have a feeling, that the only country who will go broke after much of the dust has settled will be Germany. All the loans "we" are giving out will never be repaid and I have a feeling, that this was the plan from the start.
Break the back of the strongest to break them all.

reply to post by Talliostro


People need to stop looking at this global crisis(yes, that's what it is still), from one dimension that suits them.

I can tell you the Greek/Cypriot point of view, or one of them, and how this crisis affects them, how by design it's intended to hurt them for various reasons and bring them to their knees so they are more willing to accept certain things which are not in their interests...

But then I'm sure the Spanish, or Irish, or Icelandians(?), Portugese, Italians, Germans, Americans, etc can all tell us how it affects them and how by design it's meant to screw them.

And you know what? Nobody is wrong..

This crisis is like the perfect storm that is brewing.

It will f*** things up globally.
So badly, that they will kill several birds with one stone. They being the powers that be, the banksters, their political links, etc.

And in the end? they will have consolidated their positions, their wealth, sorry..the wealth of the planet, will have been consolidated into the hands of the mega, ultra rich who represent less then 0.05% of the worlds population. They will have control.

The only option is resistance on a global scale.
Not armed resistance, peaceful resistance. Occupy buildings, refuse to use money, credit cards, etc.
Start bartering with each other, trading goods for goods.
They are already doing that in some parts of Greece, btw.

Originally posted by Krazysh0t
This is like outright warfare without all the killing. Just buy or acquire all the territory and a nation's wealth right from under them.

Dear EU citizens... In case you didn't notice - the Euro and the EU are just the continuation of the Third Reich - Hitler's dream come true. Today's Hitler has no mustache and is a woman called Merkel. Germany has a huge trade surplus due to the Euro and it will end up owning a lot of Europe without ever shooting a bullet, all under the guise of unity and friendship. And they will not willingly allow the Euro to crash, they would first destroy whole countries before allowing that to happen.

Look at the US. If the EU were indeed intended to be a true union of equals then the rich/strong states would support the poor states and keep the standard of living similar across borders. Do you think Alabama or Mississippi would have survived in an EU like union? They would have been far worse than the PIIGS are doing now.

The EU is just a massive scheme to enslave, occupy and suck dry all the other countries. Accept it, start letting others know and maybe you can survive the collapse of the Euro when (not IF) it comes and wipes out all your savings and retirement and future.