Wyalt Derp: I don't know how it's legal to just go in and take (a portion of) someone's life savings. It's a good way to discourage people from saving in the future, that's for sure.
NINDroog: I don't get all the hate on Germany. The Germans don't want to bail out all these countries, and it has been really hard for German politicians. The Germans just want to make sure they want to get some of their money back, or that their loans are being used to pay off necessary debt. True, there is an argument to be made for deficit spending, but if you look at the disaster that was Greece, there was no way you could bring that back. Germany has every right to not want to see it's money frivoled away.
Psylence: Dwight_Yeast: Psylence: Wyalt Derp: I don't know how it's legal to just go in and take (a portion of) someone's life savings. It's a good way to discourage people from saving in the future, that's for sure.Hey, who cares as long as the financial elite get more than their share... again. I'm ready to see some shiat start burning.Uh, actually, this time, it's the rich who are getting screwed. They're seizing all deposits over 100,000 Euros.It's something we should have done when we bailed out the banks in this country.It doesn't seem like its stopping the bank runs by normal people, at least from the pictures I've been seeing. Hey, if the Russian oligarchs are getting robbed, great.. but I *REALLY* don't see this turning into another Icelandic success story.
IlGreven: Tyrone Slothrop: Wyalt Derp: I don't know how it's legal to just go in and take (a portion of) someone's life savings. It's a good way to discourage people from saving in the future, that's for sure.From what I've heard, while there are some legitimate depositers, the Cypriate banking system is mainly used to launder Russian mob money. They're the Cayman islands of Europe....and that justifies screwing over legitimate depositors, including Cypriot citizens who have nowhere else to turn.
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