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Cyprus bailout remarks alarm markets

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Cyprus' parliament will hold an emergency session on a bailout deal, amid public anger over demands that bank customers pay a one-off levy.

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First Cyprus, then Greece then the rest of the PIGS and then finally the rest of the EURO will fall!
 
Cyprus' parliament rejects a controversial levy on bank deposits as part of an EU-IMF bailout package that has sparked outrage on the island.

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Cyprus' largest bank warns the country's economy desperately requires European help, as political leaders scramble to raise funds to secure a bailout.

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I will tell ye this.. well done Cyprus for showing true democracy and forcing the government to back away from their plan.

back to the drawing board and all that, but at least the people of Cyprus stood up to the bullies from the ECB. I wish Ireland fought back a bit harder.
 
The EU, Germany and leading bankers all urge the Cypriot parliament to quickly find a way of raising the 5.8bn euros needed to qualify for an international bailout.

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Cypriot Finance Minister Michael Sarris says there has been significant progress in talks with the EU and IMF aimed at securing a 10bn-euro bailout.

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Bailouts are just delaying the inevitable - which is the final failure of the global debt-based slavery system!
 
Added comment.



The personal lesson everyone should learn about what has happened around the world.. is that we have all become slaves to debt.

We were sold a dream, all we needed was cheep credit, and the world has thrown itself into debt and to the mercy of bondholders.



We are slaves, our political policies are no longer put in place based on democracy, they are forced upon us by those who we owe these billions to.

Our governments and banks who were suppose to protect us, sold us out.



the only way to freedom is by stop being in debt. leave with your means and owe nothing at the end of the month to your credit car companies etc.

Clear your debts and live debt free, because that is the only freedom you can have.
 

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Welcome to Offtopix 👋, Visitor

Off Topix is a well-established general discussion forum that originally opened to the public in 2009! We provide a laid-back atmosphere, and our members are down to earth. We have a ton of content, and fresh stuff is constantly being added. We cover all sorts of topics, so there's bound to be something inside to pique your interest. We welcome anyone and everyone to register and become a member of our awesome community.

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