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    Apparently, when Cyprus's president, who is a communist, was elected in 2008, the year Cyprus joined the euro, the country and its banks were in good economic shape.
    It is now believed the country's government followed EU/eurozone directives in 2008 to invest the banks' money in rubbish papers such as Government bonds both of the Cyprus and the Greece treasuries.

    The question arises, who gave orders at the two major Cypriot banks: the original chief bankers, or the communist and EU politicians? The latter, it would appear.

    As an aside, it is speculated that most Russian money invested in Cyprus did not go in either of the two bankrupt banks, but in smaller banks that escaped insolvency, not having invested in government bonds.

    This is a Trilogy unfolding in real time, it may lead to the collapse of the European Union.

    Questions are being asked, calculations do not add up, and the finger points to an EU (and possibly IMF) interference in banking policies at political/government level that has led to bank and State insolvency resulting in mass confiscation of savings.

    The "investment in shares" policy to confiscate bank accounts is an EU scam, it has proven to be a hoax in Spain, and Cyprus will be the same.
    Things may turn ugly, as the EU cannot impose a law to prevent people arriving at the real conclusions, and there may be legal consequences with lawsuits being filed against the European Union.

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