High Noon in Cyprus
by Stephen Lendman
Bankers plan pillaging Cyprus.
The Wall Street Journal said "Cyprus braces for a long weekend." It's not over 'till it's over. What's ahead bodes ill for Cypriots.
Predatory bankers assure it. So do Eurocrats. Corrupt politicians go along. Financial tyranny is policy. All Western societies are affected.
An unnamed Cypriot official said "We are waiting for a messiah to come and save us, and of course, there is none."
On March 17, Pimco's Mohamed El-Erian headlined "A Muddled and risky approach to Cyprus," saying:
Implementation challenges are huge. They'll "undermine (rescue efforts) and may lead to negative side-effects."
Eurocrats exceeded the Greek precedent. Doing so "extended burden-sharing further."