Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Varche on 18 March 2013, 15:43:09
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Here is my take on what has happened.
EU insist on a 6 to10% bank grab as part of the rescue package.
The Russian oligarchs are horrified at the hit they will take
Gazprom (Russian outfit) offers to make up some or all of the shortfall in return for access to Cyprus's gas reserves.
The Russian finance minister says they may be able to help with restructuring loans.
The Cyprus PM says the vote on the original package by parliament will now be delayed.
Banks now closed till Thursday. Has any of the 6 to10% actually been taken yet.................... Suspect not.
Brussels/Germany - now debating whether they want Russia to hold the strings of an EU Eurozone country AND the importance of possibly losing this test case for legal theft from sheeple bank accounts.... (How I would love to be in on those discussions). No doubt the EU offer will improve - maybe 3% across accounts and only those with more than 10,000 euros
What a mess!!
More here http://news.sky.com/story/1066004/cyprus-bailout-savings-shift-amid-russia-offer
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What a mess just about sums it up, El Varche.
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One thing for sure is that Osborne will be watching carefully, stroking his chin (such as it is) while thinking "I wonder....." :(
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The real thing that has been lost is trust as one of the unwritten rules is "Don't ever touch depositors money". :o :o :o :o
Why?
Bank self-preservation, as bank runs, kill banks. Even if they pull back from this, by this evening if I had an account in Greece, Spain, Portugal or Italy, it would be empty by now with the contents under the floorboards. where banks pay next to nothing in interest, why take the risk of a haircut. In fact I would want to run and overdraft and they could take 10% off that anytime in tax. ;D ;D ;D
With large amounts a trip to Switzerland or Germany to open an account and deposit it there would be well worthwhile. :y :y :y
What is really interesting is where Spain has required a complete wealth assessment of it's residents wealth, with fines and penalties higher than the value for non-declaration, for 'tax compliance' purposes. 10% complete wealth tax to raise the €200bn+ needed to bail out their banks anyone? The president has now been set in Cyprus. :o :o :o :o
A massive run on bank deposits will bankrupt the banks as no bank in the world has the liquidity to cover this, where capital reserves are only a fraction of what is deposited with them. As the Eurozone is a free single currency market, a bank run in any country would have to be stopped with capital controls, which breaks the point of the Euro, hence speeding up its demise. As this is Merkel's re-election tactic, where the populous are waking up to the bill German tax payers are going to have to pay as part of their Eurozone membership. Where UKIP is framing some of the agendas in the UK, the same is happening in Germany with the help of their new anti-Euro party.
It is also a bit of an own goal by Germany, because if there is capital flight to Germany, then this will increase Germany's Target 2 lending and liabilities, which in the event of a country refusing to pay what they owe or if they replace the Euro using Lex Monetae to pay in a their new devalued local currency, they have transferred liabilities from the private to the public sector and German taxpayers. In this scenario, this could end up with Germany taking international court action or Panzer action. :o :o :o :o
Stock up on the popcorn, things are getting interesting. :o :o :o :o
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I hope Merkel and the Cypriot President have infallible security as the Russian Mafia are exactly known for taking kindly to having money stolen from them. ::) ::) ::) ::) :o :o :o :o
I see the Russian state oil and gas company has offered to bail out Cyprus in return for development rights to their Gas fields. Have they been made a offer they can't refuse? ::) ::) ::) ::) :o :o :o :o
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got my popcorn a big comfy chair now let the fireworks begin { they are robing barstuards and i can see this is going to bite them in the arse if the ruskie mafia help out it will be a good and beneficial way to launder their ill goten gains let the show begin}
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I wonder if some of the wealth grab will go to the UK government ?
There are Cypriots living in the UK, claiming housing benefit, who have large properties and other significant assets in Cyprus. Fact.
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Well they just rejected the bailout, first country to leave the Euro? :)
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Well they just rejected the bailout, first country to leave the Euro? :)
Yeah. We've been talking about it. ;D
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No. They are holding out for a better deal.
Doesn't matter where it comes from for the Cypriots.
Russia (so they can have a naval base to keep an eye on the Middle East now they have lost Syria)
EU (so they can keep all their sheeple in one herd)
The stakes are actually a lot higher than many people understand.
I would love to be in the behind the scenes meetings going on right now. This is actually history in the making.
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Russia having a naval base in a commonwealth country ?!! That might be very interesting indeed. ::)
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Russia having a naval base in a commonwealth country ?!! That might be very interesting indeed. ::)
You already have Israel negotiating with Cyprus to use there airfields for there air force ;)
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No. They are holding out for a better deal.
Doesn't matter where it comes from for the Cypriots.
Russia (so they can have a naval base to keep an eye on the Middle East now they have lost Syria)
EU (so they can keep all their sheeple in one herd)
The stakes are actually a lot higher than many people understand.
I would love to be in the behind the scenes meetings going on right now. This is actually history in the making.
Just to clarify. In return for loans and help in exploiting the Gypriot gas, the Russians would need to bring in and tyake out stuff by ship. As part of that agreement they would of course be able to service their ships of all kinds. Bit like a Gibraltar. Like I say the stakes are high.
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I think we're being a bit previous here. ::)
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I think we're being a bit previous here. ::)
Yep, especially as Britain has sovereign bases there. ::) ::) :D :D ;)
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I'm sure Dave will be amenable to leasing them to any interested party to help
pay his, Clegg and Osborne families' windmill subsidies reduce the deficit. >:( >:( >:( >:(
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Nick will probably want to sell them, as he'll regard them as an embarrassing remnant of Britain's imperialist past.... ::)
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I think the cypriots are just posturing waiting to get better terms for the bailout. Brussels are not going to let them default, leave the Euro and cause a deeper crisis.
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Yes you're probably right and the EU won't want Russia having any sort of 'stake' or collateral in EU territory. ::)
They've (EU) badly misjudged the whole thing. :o
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Actually thinking about it we (The UK) are missing a trick here. ::)
We already have infrastructure and facilities in Cyprus at the two sovereign bases. We also have a huge overseas aid budget. We should steal a march on the Russians, use that aid money to help Cyprus out financially and at the same time secure vital gas resources for Britain. :y
It would provide jobs for Brits and Cypriots, helping both economies and the EU would be happy as it keeps all the eggs in the basket! (so to speak) ;)
Get BP in there!!! 8)
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TiggerHayes for PM :y
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Can the Cyprus banks ever re open now? :(
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Actually thinking about it we (The UK) are missing a trick here. ::)
We already have infrastructure and facilities in Cyprus at the two sovereign bases. We also have a huge overseas aid budget. We should steal a march on the Russians, use that aid money to help Cyprus out financially and at the same time secure vital gas resources for Britain. :y
It would provide jobs for Brits and Cypriots, helping both economies and the EU would be happy as it keeps all the eggs in the basket! (so to speak) ;)
Get BP in there!!! 8)
Too logical for our government I'm afraid :( :(
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Banks to stay closed till next Tuesday. There'll be a lot of skint Cypriots.
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Banks to stay closed till next Tuesday. There'll be a lot of skint Cypriots.
Hungary people are also not happy people when they are rioting on the streets. :o :o :o :o
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Hungary or hungry?
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Hungary or hungry?
The latter. ;D
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I doubt the former are happy either! :-\ Perhaps Lazlo will be along to enlighten us? ;)
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So, no "haircut" for depositors .. but they still need to find 7 Bn Euros .... wonder how they'll square that circle now ..
http://www.bbc.co.uk/news/world-europe-21875246
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My sister lives in Nicosia. She's married to an accountant. Not sure if that helps or not at the moment. :-\
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My sister lives in Nicosia. She's married to an accountant. Not sure if that helps or not at the moment. :-\
He should offer his services! Seems the Cypriot government could do with a decent accountant!! ;)
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Got to feel for those people :( Can you imagine the panic if it happened here ?
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Got to feel for those people :( Can you imagine the panic if it happened here ?
Starts to snow and the shelves get cleared of bread.
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Got to feel for those people :( Can you imagine the panic if it happened here ?
Starts to snow and the shelves get cleared of bread.
Wouldn't affect me where I make all my own bread with a bread maker, fantastic fresh bread at about 40p a loaf. It takes about 5 minutes to chuck the ingredients into the break maker bin and it does the rest. :y :y :y
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Got to feel for those people :( Can you imagine the panic if it happened here ?
Starts to snow and the shelves get cleared of bread.
Wouldn't affect me where I make all my own bread with a bread maker, fantastic fresh bread at about 40p a loaf. It takes about 5 minutes to chuck the ingredients into the break maker bin and it does the rest. :y :y :y
Mmmm...I can smell it here in Lincolnshire, Rods. :y
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Mm home made bread.. Rods, what bread maker do you have, out of interest?
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Mm home made bread.. Rods, what bread maker do you have, out of interest?
A Morphy Richards Fastbake. I've read that the best are the Panasonic. I normally eat wholemeal bread, but also occasionally make great white bread, when i run out of strong wholemeal flour. :-[
I also use it to make great wholemeal pizza bases, which I roll out on the back of a Fosters drinks tray, ::) as it is perfect for 15" pizzas. I have a pizza stone, which I preheat in the oven to 220degC, add a homemade tomato and herb paste base, with spicy garlic mushrooms, sliced tomatoes with a vintage cheddar topping. Ideal cooking time is 13 minutes. It is very moreish. :) I also make variations with mince beef and sliced chilli peppers and chicken. I'm going to experiment is the next week or so, where one of my favourite curries is a chicken and pineapple with a freshly made curry sauce. I want to see if this will make a good and different pizza. :)
All the recipes in the book with the bread maker include salt, which does make the bread keep longer, but I leave this out, where I eat a very low salt diet to keep my blood pressure down and generally eat a loaf within 5 days of making it. :y
What I have found is critical is the water temperature you add to the ingredients, so I put some water to one side, so it is at room temperature. Too hot and the doe peaks before it starts cooking and you get a sunken loaf and likewise if it is too cold as the does doesn't rise enough before it starts cooking. It is important to measure the ingredients accurately, so it is worth investing in a set of standard measuring spoons, which if plastic only cost pence.
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Mm home made bread.. Rods, what bread maker do you have, out of interest?
A Morphy Richards Fastbake. I've read that the best are the Panasonic. I normally eat wholemeal bread, but also occasionally make great white bread, when i run out of strong wholemeal flour. :-[
I also use it to make great wholemeal pizza bases, which I roll out on the back of a Fosters drinks tray, ::) as it is perfect for 15" pizzas. I have a pizza stone, which I preheat in the oven to 220degC, add a homemade tomato and herb paste base, with spicy garlic mushrooms, sliced tomatoes with a vintage cheddar topping. Ideal cooking time is 13 minutes. It is very moreish. :) I also make variations with mince beef and sliced chilli peppers and chicken. I'm going to experiment is the next week or so, where one of my favourite curries is a chicken and pineapple with a freshly made curry sauce. I want to see if this will make a good and different pizza. :)
All the recipes in the book with the bread maker include salt, which does make the bread keep longer, but I leave this out, where I eat a very low salt diet to keep my blood pressure down and generally eat a loaf within 5 days of making it. :y
What I have found is critical is the water temperature you add to the ingredients, so I put some water to one side, so it is at room temperature. Too hot and the doe peaks before it starts cooking and you get a sunken loaf and likewise if it is too cold as the does doesn't rise enough before it starts cooking. It is important to measure the ingredients accurately, so it is worth investing in a set of standard measuring spoons, which if plastic only cost pence.
Ours is Panasonic, great machine in use 4 or more days a week.
I agree with your last paragraph adding that the order of putting in the ingredients is important, yeast then flour, other ingredients finally the water. :y
Lovely tasting fresh bread, the smell in a morning when you come down into the kitchen MMmmmmmm :y
You know exactly what is in it and always fresh in our house never stays around long enough to go stale so a little planning ensure a ready supply :y
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Thanks for the recommendations :) I've wanted a bread maker for ages..
Oh and Rods, Amy and I both read your post and, at the same time, said "Can we go round to his house for tea?" ;D The pizza sounds nice..
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So the Cypriot leaders are in Brussels for "more talks" with the EU.
I wonder if the subject of Turkey (country not bird) will come up?
Barossa has apparently had talks with Mevdev. "Hands off our Cyprus?" ;D ;D
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So the Cypriot leaders are in Brussels for "more talks" with the EU.
I wonder if the subject of Turkey (country not bird) will come up?
Barossa has apparently had talks with Mevdev. "Hands off our Cyprus?" ;D ;D
Yep. Wouldn't want the commies in charge of it, would we? Oh, wait! Did you say "Barroso"? ::)
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
I thought they were putting restrictions in place to avoid capital flight?
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
I thought they were putting restrictions in place to avoid capital flight?
You're quite right, Steve, capital controls will be put in place...and my guess is that they shortly won't only be for Cyprus. ;)
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
I thought they were putting restrictions in place to avoid capital flight?
You're quite right, Steve, capital controls will be put in place...and my guess is that they shortly won't only be for Cyprus. ;)
If capital controls happen more and more with both Spain and Italy with their weak banking sectors being in the frame, this is the end of the Euro, as what is the point of a single currency if it can't flow around a single currency area easily? :o :o :o
Countries will then decide to throw off the constraints of the Euro, so they can trade and export more easily to the rest of the world and be in control of their own currency destiny, instead of being subjugated to Germany. :y :y :y
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As each day passes, it gets even scarier.
Thinking of growing a long neck.
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
I thought they were putting restrictions in place to avoid capital flight?
You're quite right, Steve, capital controls will be put in place...and my guess is that they shortly won't only be for Cyprus. ;)
If capital controls happen more and more with both Spain and Italy with their weak banking sectors being in the frame, this is the end of the Euro, as what is the point of a single currency if it can't flow around a single currency area easily? :o :o :o
Countries will then decide to throw off the constraints of the Euro, so they can trade and export more easily to the rest of the world and be in control of their own currency destiny, instead of being subjugated to Germany. :y :y :y
Indeed, Rods, I think we're nearing the end-game as far as the euro is concerned.
Nigel is doing his bit to help. ;)
http://www.telegraph.co.uk/news/politics/ukip/9950083/Ukip-urges-Brits-to-withdraw-their-money-from-Spanish-banks.html#disqus_thread (http://www.telegraph.co.uk/news/politics/ukip/9950083/Ukip-urges-Brits-to-withdraw-their-money-from-Spanish-banks.html#disqus_thread)
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A few people think banks take your money and keep it in a safe for you.
Most people think they take your £100 and lend some of it to someone and keep some back (the reserve, typically in the past 3%).
But what actually happens is you give them £100 and they lend out £97, the person who borrows it spends it and the lucky recipient deposits a new £97, the bank lend out £94 of that, the new borrower spends it and the new recipent deposits £94, the bank lends out £91 and so on. Eventually £100 has magically become £1,000.
Hence no bank in the world or any that has ever existed since fractional reserve banking was invented can withstand a run on the bank. Even if the borrowers immediately returned all the money they borrowed. The way to trigger a run on a bank is for some brainless official to tell people either they may not get their money back at all or they will receive a haircut on it.
No one with any sense will now want to leave money in a Greek, Spanish, Portuguese or Italian bank. If the brainless idiot was German, which seems likely (though a Dutchman has put his hand up to it) maybe she was not being idiotic at all but rather clever (and criminal).
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We (in the Euro) are all saved.
20% levy on Bank of Cyprus accounts. Everyone else 4% (?).
I wonder what the second bailout will involve?
Watch the capital flight on Monday.
UK possible downgrade too. GRRR.
I thought they were putting restrictions in place to avoid capital flight?
I meant in other countries. Slovenia and Estonia for a start. I dare say Italy, Spain and Portugal too.
Cyprus has capital control. The current daily ATM withdrawal limit sees to that until the banks re open. It will be very interesting to see what other measures are imposed in Cyprus. I also understand New Zealand is planning a similar bank deposit haircut.http://www.scoop.co.nz/stories/PA1303/S00306/national-planning-cyprus-style-solution-for-new-zealand.htm
Anyone know the definition of a Bloated banking sector. ? Serious question. The BBC keep using the phrase in connection with Cyprus. I suspect they mean they have made lots of loans which may not be paid back.
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I don't understand why they are now planning a 20% levy on Bank of Cyprus deposits over 100,000 Euros and a 4% levy on deposits over 100,000 Euros at other banks..... :-\
If they've changed their mind (again) and are now willing to impose a levy on savings, surly it's fairer to impose a flat levy at all banks? ::)
Maybe it's just me..... :-\
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Dammed if they do, dammed if they don't :(
This just about sums it up
http://www.ft.com/cms/s/0/de24fb32-94a1-11e2-9487-00144feabdc0.html#axzz2OTPR5x4o
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My parents are going to Cyprus in 7 weeks, so far they have been advised that credit and debit cards are not being taken, cash only, there are likely to be sorted, one way or another, in 7 weeks...... ;) ;)
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According to the BBC the levy on bank deposits over 100,000 Euros could be as high as 40%!!!!! :o :o :o
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According to the BBC the levy on bank deposits over 100,000 Euros could be as high as 40%!!!!! :o :o :o
............and this trend could continue in the Euro zone:
http://www.bbc.co.uk/news/business-21920574
Thank goodness our politicians never allowed us to enter that zone! :o :o :o :o :y
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It is concievable that it could happen here though.If we have the expected Lib/Lab pact after the next election it wouldnt even be much of a shock.
And to think that Barrusso declared a month ago that the Euro crisis was over. ::) ;D
Its just beginning. :)
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My parents are going to Cyprus in 7 weeks, so far they have been advised that credit and debit cards are not being taken, cash only, there are likely to be sorted, one way or another, in 7 weeks...... ;) ;)
Depends if there are any banks still functioning there by then. I suspect they will be pretty rapidly emptied when they eventually decide to risk opening. :-\
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My parents are going to Cyprus in 7 weeks, so far they have been advised that credit and debit cards are not being taken, cash only, there are likely to be sorted, one way or another, in 7 weeks...... ;) ;)
Depends if there are any banks still functioning there by then. I suspect they will be pretty rapidly emptied when they eventually decide to risk opening. :-\
I think they may have been emptied already. ;)
"As new President Nicos Anastasiades hesitated over an EU bailout that has wrecked Cyprus's offshore financial haven status, money was oozing out of his country's closed banks."
http://www.reuters.com/article/2013/03/25/eurozone-cyprus-muddle-idUSL5N0CG13920130325 (http://www.reuters.com/article/2013/03/25/eurozone-cyprus-muddle-idUSL5N0CG13920130325)
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The cat is out of the bag. "Cyprus is the template for future bailouts."
http://www.huffingtonpost.co.uk/2013/03/25/jeroen-dijsselbloem-sends_n_2949358.html?ncid=webmail20
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Surely if you're going to give people a haircut you just do it and take the flack later? A week of uncertainty only ensures maximum damage is done.
Seems to me that this was all blown up to ensure the German aims of destroying these banks was carried out by the back door. >:( I only hope it backfires on them and results in the Euro being shunned.
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It's made me think a bit different about savings. I'll won't be having much cash stashed away from now on. It will be asset rich cash poor. There's no way the government is gonna take any of my savings.
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It's made me think a bit different about savings. I'll won't be having much cash stashed away from now on. It will be asset rich cash poor. There's no way the government is gonna take any of my savings.
Yeah, it's not as if the returns on savings make it that attractive currently, in any case. ::)
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It's made me think a bit different about savings. I'll won't be having much cash stashed away from now on. It will be asset rich cash poor. There's no way the government is gonna take any of my savings.
Well I wish you luck with that. In Spain this year we are all going to have to make a declaration of assets on our tax returns. At the moment there isn't a tax payable on them (other than normal stuff like tax on bank account interest) BUT no doubt in the future their will be just the same as all EU bank accounts are protected for the fist 100,000- unless they are in Cyprus. The penalties for non declaration are severe. The value of the item plus a fine. So say you have a second home in Switzerland and don't declare it they can attack your wealth in Spain.
I expect European countries to introduce more of this sort of legislation so they can get at peoples wealth. It is all very 1984
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Blimey! Does that mean we'll have to put our Omegas down on the tax return? ::) :)
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That is a good question. No one really knows the ramifications of this.
Turning it around . If you have a family car I would say no. If you had a fine collection of pre war Grand Prix cars I would say yes. So someone like Jim on the forum might be expected to declare his fine collection of post war Omegas. Remember at the moment there is no intention to tax anyone on these assets just to have a record!
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It's made me think a bit different about savings. I'll won't be having much cash stashed away from now on. It will be asset rich cash poor. There's no way the government is gonna take any of my savings.
Yeah, it's not as if the returns on savings make it that attractive currently, in any case. ::)
I'm getting almost 0.1%........so you won't hear me complain. ;D ;D ;)
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Once a Government runs out of borrowing options, money printing due to high inflation and the currency's credibility. there is only one class of people left, to fund any bailouts and money to keep the country going. That is you. >:( >:( >:( >:(
In the Eurozone it is even worse as their central banks are banned from printing money only the ECB can do that, but the ECB is banned from being the lender of last resort. :o :o :o This is exactly the right way to construct an unstable currency area. :o :o :o
When the UK runs out of money in 2016-17, they will go after any assets of yours they can to keep the country going. They don't care if you are left totally destitute as long as they are not left hanging from lampposts. This has happened in the past when countries have got into this situation and even if you put your assets into UK branches of foreign banks that will not save you. :( :( US President FDR nationalized all private gold in the 1930's. :( :(
When private asset theft happens they will disguise it, by giving you something in return, that in reality is worthless. In the UK and US during WWII you had to buy war bonds, by the time thses were paid out in the UK, inflation had made them pretty much worthless. In Cyprus you get worthless shares in a bankrupt bank, but maybe they will use this to tap the shareholders for more money. :o :o :o
You need sound safe haven countries that are politically stable have a sound economy with low GDP to debt ratios but these are as common as an honest politician. :( :(
Spread your savings into a number of different types of asset in different countries, seems to me the only way to minimize losses and steer clear of European countries as much as possible. Good luck everybody as the next few years ain't going to be financially pretty. :o :o :o :o
Where US have largely restructured their banks and have had their property crash, prices and new builds are now going up and have put the worst of the recession behind them. They still have a large deficit and sovereign debt issues but they will use cheap shale gas and oil to pull and save themselves from economic collapse. :y :y :y
I can't say the same about any Western European countries where none of the countries have solved their current liabilities or successfully restructure their banks. Germany has $1.35tn of Eurozone liabilities, Switzerland have printed unlimited amounts of Swiss Francs to keep the Euro exchange rate pegged at above 1.2. Probably the safest are Norway, who are actively dissuading foreign investments or Finland as at least they make the Eurozone countries receiving bailout money from them pledge assets as security (but will they get them)?
When the Euro breaks up, which it must with the current structure and non-German bank liabilities, especially for Spain, Italy and France, we now know from what has happened with Cyprus, Germany / EU / ECB will under no circumstances underwrite any of these liabilities, like they have for Greece, Ireland and Portugal who got in early with their bailouts. Once the majority of the countries have reverted back to their own currencies, which will happen at some point through referendum or revolution and applies Lex Monetae to how they intend to repay their ECB and Target2 debts, where the contracts have been written that they must be paid in Euro, then the fun will begin. Will Germany respond with international court action or Panzer action, or both, with trillions of Euros at stake? ::) ::) ::)
Get a comfortable chair, plenty of buckets of pop corn and sit this one out until you get your call up papers. :o :o :o :o
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Ever thought of working for the Samaritans Rod ?
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Ever thought of working for the Samaritans Rod ?
;D ;D ;D ;D ;D
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Ever thought of working for the Samaritans Rod ?
;D ;D ;D ;D ;D
I would be good at that job, where I'm a very patient and understanding person: "Go on hurry up and jump I've got another caller waiting...." ;D ;D ;D
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I dont fully understand this banking lark much but from what i see it dont look too good :( Looks like we are tied to the EU by our ankles waiting like sitting ducks to be taken pot shots at :-\
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So, basically..
We should all start buying gold and burying it in our gardens.
Gold and guns.
Lots of guns.
Prepper style..
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So, basically..
We should all start buying gold and burying it in our gardens.
Gold and guns.
Lots of guns.
Prepper style..
Sounds good to me.. except that it's technically gardening <groan!> I'd have to finally take all the prunings to the tip so I can find a patch of ground to dig. ;D
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The whole thing doesn't inspire confidence. Mr Bean might have made a better job of it.
The first thing you do when implementing any change is
Agree with the stakeholders what you are going to do.
Brief those affected
Implement (and you might then do a review afterwards)
As of today it would appear something is being implemented but hardly anyone knows what and when. Total buffoonary. It makes you wonder how the banks opening will pan out.!
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The whole thing doesn't inspire confidence. Mr Bean might have made a better job of it.
The first thing you do when implementing any change is
Agree with the stakeholders what you are going to do.
Brief those affected
Implement (and you might then do a review afterwards)
As of today it would appear something is being implemented but hardly anyone knows what and when. Total buffoonary. It makes you wonder how the banks opening will pan out.!
Well they have employed GS4 of Olympic Games fame, for security I'm sure it is all under control. So don't be surprised if there is a queue of Russians, who decide to withdraw over the capital control limit by the unconventional ways they normally get their way in business. I hope the Cypriots in the bank keep their heads down once the shooting starts. :o :o :o :o
There are Russians living in Cyprus of this disposition, where recently a bookie shop was filled with bullets and the owner was killed, where he didn't comply with the offer he couldn't refuse and pay his regular health insurance premiums to them. :o :o :o :o
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Cyprus should be fined around 11,400 euros (14,700 dollars) each day for failing to implement European Union laws on renewable energy, the bloc‘s executive said Thursday, just as the Mediterranean country struggled to remain solvent.
http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html (http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html)
That's it, stick the boot in. >:(
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Cyprus should be fined around 11,400 euros (14,700 dollars) each day for failing to implement European Union laws on renewable energy, the bloc‘s executive said Thursday, just as the Mediterranean country struggled to remain solvent.
http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html (http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html)
That's it, stick the boot in. >:(
What, just the one boot ::)
With all the hot air the EU generates, we should all be due a big fat rebate :-\
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the matress sounds like a very good idea at the moment if the goverment want my cash they are welcome to it as long as the pay my overdraft off the can have whats left absalutaly sweet fanny adams
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Cyprus should be fined around 11,400 euros (14,700 dollars) each day for failing to implement European Union laws on renewable energy, the bloc‘s executive said Thursday, just as the Mediterranean country struggled to remain solvent.
http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html (http://en.europeonline-magazine.eu/troubled-cyprus-faces-eu-fine-over-renewable-energy-failures_271893.html)
That's it, stick the boot in. >:(
Their main power station had a slight Terbert moment. The authorities confiscated loads of contraband Semtex from a Cypriot registered freighter running arms from Iran to Gaza and stored it in a navy warehouse, next to their main power station. When a bush fire started and reached the store, what could possible go wrong? The resultant explosion destroyed the power station, killing 12 people. :-[ :-[ :-[ :-[ :o :o :o :o
http://www.telegraph.co.uk/news/worldnews/europe/cyprus/8629594/Cyprus-explosion-knocks-out-islands-electricity-plant.html (http://www.telegraph.co.uk/news/worldnews/europe/cyprus/8629594/Cyprus-explosion-knocks-out-islands-electricity-plant.html)
I don't know if it has been rebuilt yet?