Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts

Friday, March 22, 2013

The only reason Cypriot bank haave stayed close for this long is to count the amount of account holders that are eligible to vote and how many under 100k and over 100k there are. In a country with 800k population this is not difficult to do. Accounts of less than 100k outnumber those with greater than 100k by almost 10 to 1 and 91% of those 100k are russian. It looks like the russskis will take a big haircut as the EU and Germans were never going to stump up the money to guarantee laundered russian money.