Cyprus: From bad to worse

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Ad Orientem
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Cyprus: From bad to worse

Post by Ad Orientem »

EMU plot curdles as creditors seize Cyprus gold reserves...
http://blogs.telegraph.co.uk/finance/am ... -reserves/

And...

Cyprus bailout cost surges to €23bn...
http://www.telegraph.co.uk/finance/fina ... -23bn.html
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RuralEngineer
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Re: Cyprus: From bad to worse

Post by RuralEngineer »

They're bound and determined to push the EU to collapse, aren't they?  I'd cheer, but somehow I don't think that any revolution is going to result in a more sane or less confiscatory Europe.  The opposite, in fact.
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Gosso
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Re: Cyprus: From bad to worse

Post by Gosso »

Grow a pair.  Default, Decouple, Devalue.  Rebuild a robust tourist industry.  Problem solved.

Hell, maybe I'll even buy a little B&B on the beach and ERE! 8)
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