J
Joe
Guest
your welcomeThe ending is so perfect, thanks Joe, good to laugh first thing in the morning.
your welcomeThe ending is so perfect, thanks Joe, good to laugh first thing in the morning.
your welcomeHey is their a run on the banks in cypress ? "People with bank accounts in Cyprus were shocked Saturday to learn that as part of an agreement reached with international creditors, the government has imposed a tax on all deposits to help bail out the nation and its banks."http://www.theblaze.com/stories/2013/03/16/eurozone-country-surprise-were-putting-at-least-a-6-75-tax-on-your-bank-account/
Im glad I dont live in New Zealand [h=1]IS NEW ZEALAND REALLY CONSIDERING A CYPRUS-STYLE LEVY ON DEPOSITORS?http://www.theblaze.com/stories/201...onsidering-a-cyprus-style-levy-on-depositors/[/h]Shocked is an understatement. They are livid!There where huge lines at the atm's because they thought that the banks had frozen everything, the rumors that were flying about OMG! In reality (if they would read and listen) they would have noticed and realized that the freeze is on international transfers. I keep an account here just to pay my utility bills and I emptied it today because I do not think I should have to pay for their problems being a non-citizen (expatriot working here). If I were a citizen then I would have no objection as I find the EU's justification with regard to the massive money laundry operations here to be quite just. I (we expats) basically have no rights and the justice system protects the locals via a corrupted system that is unparalleled and the lack of responsibility and finger pointing is stupefying. I am also "accused" by my GF's employer of being one of those evil people behind the 'spraying' here because I work on a particular aircraft and I apparently have a "high" salary and that must be why its high.
The lack of a solid basic education is rampant here also, truly sad.
We'll soon put a stop to that, taking a page from this guy's book...Im glad I dont live in New Zealand [h=1]IS NEW ZEALAND REALLY CONSIDERING A CYPRUS-STYLE LEVY ON DEPOSITORS?http://www.theblaze.com/stories/201...onsidering-a-cyprus-style-levy-on-depositors/[/h]
It was a reply to Pseacraft on Cypress since he lives there . Mick is more then welcome to move it or delete it .<well off topic>
We'll soon put a stop to that, taking a page from this guy's book...
http://events.stuff.co.nz/2013/icelands-hordur-torfason-talks-active-democracy/wellington
He's giving a talk this evening and I am keen to go along and hear what he has to say, and see who else is there.
The Paramount Theatre http://events.stuff.co.nz/venue/paramount-theatre-wellington, 25 Courtenay Place, Wellington.
</well off topic>
What will happen then ? Bank Collapse ? Unrest ? Russian bailout ? I already know they turned it down . They have to do something it wont just go away .But it isn't going to happen in Cyprus
http://www.guardian.co.uk/business/2013/mar/19/eurozone-crisis-cyprus-bailout-government-vote
I hope so for your sake . In America they just keep on printing money then give it to their banking friends which devalues our currency which is a hidden tax called inflation .Lots of countries consider lots of things - recently the New Zealand Govt has "considered" taxing car parks and employer-supplied computers & phones!.
And rejected both ideas.
And I am pretty sure that this one will go the same way too.
What will happen then ? Bank Collapse ? Unrest ? Russian bailout ? I already know they turned it down . They have to do something it wont just go away .
INFLATION AS A HIDDEN TAXInflation is not hidden, and it is not a tax.
? forked ?Oh no, forked again!
? forked ?
They say there is no inflation in America either ? Hmm I say they are lying .I don't remember any major problem with severe inflation in the EU. I listen to 3-4 hrs of the BBC most days, so I tend to be more aware of European issues than the average person
It seemed I wasnt the only one who has been forking around ? the camera adapters were kinda forked off ?The topic has branched onto something else.
Not actually forked. That is when two topics are in process at the same time in the same thread.
If someone picks up the original topic, then it will have "forked" - like a fork in the road. Bifurcated is a better word, but not in common usage.
"Oh, look a bifurcation in the path!" No.
What will happen then ? Bank Collapse ? Unrest ? Russian bailout ? I already know they turned it down . They have to do something it wont just go away .
INFLATION AS A HIDDEN TAX
MikeC - you are absolutely correct, the people here are 100% responsible for the situation but as with ALL things on this island its not their fault, they are innocent victims. This place really is a fourth world country.
They say there is no inflation in America either ? Hmm I say they are lying .
I am not sure if you are being sarcastic or not??
Your prediction is exactly what Ive heard and might come true .Joe - My off the cuff prediction is Putin and his ex-KGB mates and other unsavory types will drop a booty ton of cash into Cyprus in exchange for the natural gas being explored offshore right now by Noble. There has been lots of chatter over the last year of putting in a gas pipeline through Turkey (the sworn enemy) and in my minds eye that means one place to go...
MikeC - you are absolutely correct, the people here are 100% responsible for the situation but as with ALL things on this island its not their fault, they are innocent victims. This place really is a fourth world country.
They dont include energy like gas electric . they also dont count rising food prices or the smaller quanity of products . The drought has very little to do with rising food prices as much as the cost of energy . Those things we cant live without . 2% 3% thats a joke . My health care went up 10% within a year .Who is "they"?
AFAIK the "official" position on inflation is that it is low - around 2-3% - see here - not the same thing as "no inflation" at all.
Inflation is fairly easy to measure - what is your data for saying they are lying?
Almost as if they are purposely trying to devalue our currency ??? or make it collapse ?The real place inflation is happening at the moment is in luxury items, thousand pound watches, luxury yachts (double in price since 2008), cars...
The rest of it is hidden, e.g. horsemeat burgers instead of rising prices, 500ml bottles of wine, 8g tobacco, 6 rashers of bacon...
Energy prices, rent prices are massively on the increase in the UK - around 6-7% on rent and 10-15% energy while wages have faced real and hidden decline post 2008.
Then of course you have money printing on a global scale, the real question is why this hasn't caused more inflation than it has....
Usually a sign that inflation is happening is wage increases of course, and in the USA Obama is calling for just that isn't he?
Almost as if they are purposely trying to devalue our currency ??? or make it collapse ?![]()
MikeC, my point is pretty much the same as yours if i wasn't clear,
What suprises me most is that money being a faith system....why people haven't lost faith yet in the wake of scandals like LIBOR or indeed a raid on bank accounts, i guess it's because people don't realise how much such things do trickle down to them in one way or the other.
well good luck and stay safeWe shall see what happens next...No details of what has been hammered through parliament late last night has been produced to the public...yet, that I can see. The bandwagoning public has been jumping from wagon to wagon all day yesterday...quite the carnival act for sure.