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Originally posted by Senduko
reply to post by walliswallis
250€ to be exact, and why not its their damn money lol
Originally posted by lucid eyes
When half a decade ago Cyprus voted a Communist Government everyone rejoiced over the "peoples revolution" and the creation of an egalitarian utopia. Back then I looked at the celebrations on TV and said: "They`ll be broke within 5 years". This is just the latest in a neverending string of socialist failure. And people are still peddling the merits of leftism everywhere you look.
Originally posted by walliswallis
Originally posted by Senduko
reply to post by walliswallis
250€ to be exact, and why not its their damn money lol
Not that I don't agree but it seems to kinda defeat the purpose of closing the banks.
Originally posted by walliswallis
You can't close the bank down entirely!
uh, yes you can
Originally posted by angelchemuel
reply to post by Senduko
Nope sorry, disagree. From last Saturday, all news everywhere was that ATM's were on lockdown too. From what I have read/seen, this limited access has only been enabled today by one Cypriot bank, not accross the board. But hey, it doesn't matter really...the weekend will tell.
Rainbows
Jane
Originally posted by EarthCitizen07
Originally posted by walliswallis
You can't close the bank down entirely!
uh, yes you can
Technically the government could, but that would only worsten the situation once the banks fully open.
The whole idea is to ease tensions and maintain some confidence in the banking system.
If banks close totally they might as well declare martial law, which I am not sure what that would do anyway.
Sooner or later russia and china need to step in and save cyprus since cyprus declined EU help.
Originally posted by walliswallis
Also, what's up with Cypriots being able to withdraw 500 euros/day from ATMs?
If a million people withdrew the maximum every day for 5 days, that's 2.5 billion euros out of the banks.
Originally posted by walliswallis
Originally posted by 00nunya00
JUNK SILVER, people. Junk silver. You can pay for a pocketful of coins of intrinsic value TODAY, with cash, without being put on a DHS list. No supporting goldbugs or greedy talk show hosts; just go to your local antique store and stock up.
If the SHTF how do you sell junk silver? I'm not a metallurgist and can't quantify the precious metal content of junk silver.