Why aren’t there RIOTS in Cypriot streets?
Cypriots, rise the fuck up and quit letting the banks steal all of your money.
Because most of the money that was stolen is from funds with over 100k in deposits. Most Cypriots don’t have that much money.
The people got most of their money stolen are Russian and other European millionaires and billionaires, a large number of which are “hiding”* money in off-shore accounts in Cyprus.
And that’s what Cyprus is relying on, they are hoping most people they take money from aren’t citizens, can’t vote or riot and won’t even speak up because they are “hiding”* that money.
*I don’t really believe that off-shore accounts and tax havens are “hiding” money. It’s YOUR property, you can do what you want with it.
(via the-coriolis-effect)
In 2001, Goldman Sachs secretly helped Greece hide billions of dollars through the use of complex financial instruments like credit default swaps. This allowed Greece to meet the baseline requirements to enter the Eurozone in the first place. But it also created a debt bubble that would later explode and bring about the current economic crisis that’s drowning the entire continent. But, always looking ahead, Goldman protected itself from this debt bubble by betting against Greek bonds, expecting that they would eventually fail.
— Goldman Sachs’ Global Coup D’etat - How Goldman plays on all sides of the field.

