“Cyprus is truly a disaster for the West. It basically says to every citizen of the West, if your country runs into trouble the governments can come along and just take your money. That’s basically what is says.”
“What worries me is if you have an individual who is retired with let’s say 300,000 or 400,000 euros in the bank, and they suddenly find they have had some of their money or a great deal of their money stolen by governments. Let’s say they are not retired and just run a small business and need to make a payroll. What happens in that situation?
The funds are frozen and then part of it is stolen. This is outrageous….
Read the complete article at King World News here.
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