Tag: psychology

March 19, 2013 0

Straight from the Rumor Mill

By News Desk

Speculation on Cyprus is rampant. It is difficult to separate fact from fantasy as reports as to what is happening vary widely. For example Ekathimerini reports ” Cypriot Finance Minister Michalis Sarris is about to be replaced upon his return from his current trip to Moscow, Kathimerini understands, as he no longer enjoys the support of President Nicos Anastasiades following his handling of the crisis

March 19, 2013 0

Laughable Hypocrisy from the Thick Book of EU Lies and Hypocritical Statements

By News Desk

Here’s one for the thick book of EU lies and hypocritical statements " Deposit guarantees only protect against bankruptcy, not levies " Guarantees on deposits in the European Union are only there if a bank completely collapses, and does not protect from fiscal steps decided by parliaments, the European Commission said on Tuesday, defending a decision to impose a levy in Cyprus. Excuse Me! What are the Cyprus banks, if not shutdown, collapsed, and bankrupt

March 18, 2013 0

Cyprus Bailout Math; Can Depositors Be Left Whole?

By News Desk

Inquiring minds are wondering about the terms of the bailouts imposed upon citizens of Cyprus. I am one of them. In Cyprus Details: Blackmail, Bulldozer Threats, Bank Holiday to Tuesday; Reflections on Arrogance and Idiocy , I made the claim that Cyprus depositors need not be liable for any of this

March 13, 2013 0

Sweden Officially in Deflation (As Measured by CPI)

By News Desk

Reader Kenneth from Stockholm, Sweden informs me that Sweden is Officially in Deflation . Current Inflation Rate In February 2013, CPI inflation (measured as the annual change in the consumer price index) stood at -0.2 per cent (-0.0 per cent in January 2013)