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High Noon in Cyprus

By       Message Stephen Lendman       (Page 1 of 8 pages)     Permalink    (# of views)   2 comments

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High Noon in Cyprus

by Stephen Lendman

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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. 

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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:

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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."

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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