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How to cause a run on the banks

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    #61
    You can hardly blame Italian citizens for trying to evade taxes.
    And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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      #62
      The Cyprus banks are closed for one more day; that gives the EU and the Cyprus government one day in which they can come to their senses and drop this whole stupid plan for hitting the account holders. I hope they do. I doubt they will. At this rate The EU is committing suicide and is going to drag a lot of people down with it.
      And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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        #63
        "probably the single most inexplicably irresponsible decision in banking supervision in the advanced world since the 1930s"

        The Botching of the Cyprus Bailout: Worse Than Lehman Brothers - Forbes
        And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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          #64
          wait, soon it will be cheap to buy a Cyprus holiday home!
          Always forgive your enemies; nothing annoys them so much.

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            #65
            Originally posted by vetran View Post
            wait, soon it will be cheap to buy a Cyprus holiday home!
            Well they don't have a finance minister at the moment.
            merely at clientco for the entertainment

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              #66
              It's funny how the idea of a government helping themselves to a percentage of our savings seems so shocking, but we just accept them helping themselves to a percentage of our pay packet.

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                #67
                Originally posted by mudskipper View Post
                It's funny how the idea of a government helping themselves to a percentage of our savings seems so shocking, but we just accept them helping themselves to a percentage of our pay packet...
                ...and still never having enough money to finance themselves.
                And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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                  #68
                  So when a lot of people who, I would suspect quite knowingly, put their money into banks that offered basically a way of not paying tax in their own country are annoyed (I'm not including Cypriots themselves who are paying the burden of having what seems to be now corrupt banking system) when such tactics as this thread is seen as wholesome by a government?

                  I feel sorry for the Cypriots as whatever happens they're ****ed but I don't feel sorry for those people who squirreled away their funds here to bypass their own countries finance laws.
                  Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

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                    #69
                    Well they voted against it: BBC News - Cyprus MPs reject EU-IMF bailout tax on bank depositors

                    Lets see what happens now, maybe they'll leave the EU then decide to reunite the whole island now and become part of Turkey which will then be allowed to join the EU
                    Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.

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                      #70
                      It's a stroke of genius. Persuade people that there money isn't safe anywhere. The only sensible course of action is to spend spend spend it. This will kickstart the economy in no time.
                      While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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