posted on Mar, 31 2013 @ 02:05 PM
I can't believe how some are choosing to say who cares if they had over a hundred thousand euros they deserve to lose their money. First off the
majority of these depositors are businesses and lots of people are going to lose their jobs from these businesses losing their money, lots of people
who have less than 100,000 euros in the bank. So this affects everyone.
Also having some money saved for retirement, is not greed, it is common sense. Very soon having money saved for retirement is going to be a
requirement for survival because no government retirements or pensions are going to exist. If you don't save money for your own retirement you are
going to be living on the street or working till the day you die.
Now as to why there hasn't been any response, well I think there are a few reasons, first who do the people go after? It's not really completely
their governments fault, although they should be blamed for not leaving the Euro. But basically the European Union sidestepped the Cypriot government
for this confiscation. I think the European Union is so desperate to not let a member nation leave they may resort to military force, it would not
surprise me at all if just such a threat was delivered.
Second the masses still don't understand the enormity of what has just happened, the Cypriot economy is about to be obliterated. This is not hard to
believe, just look at this thread, if the people of Cyprus are as ignorant of how the economy works as the posters on this thread they may think, well
I didn't lose any money, sucks for the rich guys.
Of course this isn't how it works, but give it a few months and the riots might very well start when they realize their lives have been ruined also.