Cyprus

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Deja Vu…All Over Again!

News hit the wires over the weekend that the Republic of Cyprus would begin stealing money from depositors in order to resurrect confidence in its flailing banking system. They want to avoid a crisis, in other words, by creating exactly the kind of uncertainty in which crises thrive. “More likely,” observes Spy Briefing Books’ Jeffrey …

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Deposit Taxes: Should We Prepare?

There’s no way it could happen in the United States. That’s the conventional wisdom on this side of the pond about the ECB’s bailout of the banks in Cyprus. That caper looks as if it may take a chunk out of the hides of at least some bank depositors on the tiny Mediterranean island. So …

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None Dare Call It Theft

The euro elites don’t call it theft or robbery or even a tax, much less an outright default by the banks of Cyprus. They are calling it a “stability levy,” a plan that could lead not to stability, but a domino-style collapse of the banking system in Europe. True to the nature of government propaganda, …

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