Citizens of Cyprus are scrambling to withdraw funds from their bank accounts after the EU, with agreement from the Cypriot government, announced they will decimate funds held in personal bank accounts to the tune of up to 10% of existing deposits. The European Union has made the determination that the people of Cyprus are now responsible for the hundreds of billions of dollars in bad bets made by their government and bank financiers, and they are moving to confiscate money directly from the bank accounts of every citizen in the country.
This is outright theft and don’t think for a second that the politicians and banksters won’t try to steal your money one day. It’s getting ugly. Let’s hope the people brake in the door where these politicians and bankers hang out and deal with them accordingly.
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