Cyprus has 1 million inhabitants. What happens there cannot destroy the European economy because it is pretty much inconsequential, it's like worsening the Greek situation by 10%. I'm surprised overseas media even noticed.

i told you before every single crash in history is due to a reduction in the money supply by the banks. as people in europe are making runs on their banks they are drastically reducing the money supply. under fractional reserve banking if you withdraw x from the bank, it actually takes out something like 10x from the economy. that extra money is taken out by the bank calling in old loans (or failing to make new loans) in order to meet reserve requirements.

if you think the situation there is inconsequential then you are not paying attention or dont understand economics.

No, us Europeans aren't making runs on the banks. Several hundred thousand Cypriots are to some degree, which is one of the reasons why the banks are bailed out in the first place. If the Germans ran on banks, then there would be a problem.

i dont know what to tell you. you are really confident yet really wrong. but unfortunately this is one that is hard to convince you later that you were wrong because you can blame something else for the further worsening of the european economy.

Bitcoin apps have rocketed to the top of the charts in both Spain and Portugal. Bank runs are still in the birthing stages, but getting likelier. Cyprus won't be the straw that breaks the camel's back though...

i have kind of (slightly) lost interest in arguing with this community. i think half of you really believe the crap the media is feeding you. and the other half know its lies but think that the lies somehow benefit you (when i can tell you they almost certainly dont). and between the two groups there is no hope.

(that response was written before that 1-minute earlier comment) but i still have little interest. but this forum series will go down in history as the best in the world this site has ever seen.

the best thread in the universe rises from the ashes. i hope to make a standard news posting in the future but for now i will just copy in a few important headlines.

Ex-CNN Reporter: I Received Orders to Manipulate News to Demonize Syria and Iran http://sana.sy/eng/22/2013/03/30/475112.htm
PRAGUE, (SANA)- Ex-CNN reporter Amber Lyon revealed that during her work for the channel she received orders to send false news and exclude some others which the US administration did not favor with the aim to create a public opinion in favor of launching an aggression on Iran and Syria.

Cyprus banks have bumped up the deposit-takings to 60% http://worldnews.nbcnews.com/_news/2013/03/30/17534098-big-depositors-in-cyprus-could-lose-up-to-60-percent-of-savings?lite
background: after parliament rejected a proposal to take 15% of savings, the banks didnt let democracy get in a way and are going to take depositors money and give it to the european central bank whether the elected representatives of cyprus want it or not.

Yep, blankie, those Cypriot banks were falling over themselves in their eagerness to piss off every single one of their best customers. I blame the Elites! Let's invade Elitia and put an end to their tyranny once an for all!

This just in: The Blank Flag network brings you the latest in news, sports and entertainment.

We now return you to your regularly schedule broadcast.

A Happy Easter and Happy Passover to you and your family from all of us here at Blank Flag News.

imf advises the federal government to impose a new $1.40 per gallon gas tax to cover massive goverment debts from bailouts and allow for fututre people-to-elite
(banks) transfers of wealth http://www.foxbusiness.com/industries/2013/03/28/top-house-republican-pushes-back-at-imf-gas-tax-study/

with the recent decline in global temperature a scientist comes out with a prediction of a coming ice age which obviously will happen given the earth regularly experiences them but he predicts it will happen relatively soon
Russian scientist Dr Habibullo Abdussamatov, of the St Petersburg Pulkovo Astronomical Observatory
http://www.express.co.uk/news/science-technology/387971/Scientist-predicts-earth-is-heading-for-another-Ice-Age

conspiracy theory now conspiracy fact. good article summarizing some of the recent court cases proving conspiracy involving drug companies, doctors, the media, etc. this summary is just a small part of the article.

Drug and vaccine manufacturer Merck was caught red-handed by two of its own scientists faking vaccine efficacy data by spiking blood samples with animal antibodies. GlaxoSmithKline has just been fined a whopping $3 billion for bribing doctors, lying to the FDA, hiding clinical trial data and fraudulent marketing. Pfizer, meanwhile has been sued by the nation's pharmacy retailers for what is alleged as an "overarching anticompetitive scheme" to keep generic cholesterol drugs off the market and thereby boost its own profits http://worldtruth.tv/big-pharma-criminality-no-longer-a-conspiracy-theory-bribery-fraud-price-fixing-now-a-matter-of-public-record/

the following are not news as i was unfortunately busy designing my website but they are new postings to pesl.byethost7.com/text and pesl.byethost7.com/media

THERE IS NO AL QAEDA THE TRUTH IS THERE IS NO ISLAMIC ARMY OF TERRORIST GROUP CALLED AL QAEDA AND ANY INFORMED INTELLIGENCE OFFICER KNOWS THIS BUT THERE IS A PROPAGANDA CAMPAIGN TO MAKE THE PUBLIC BELIEVE IN THE PRESENCE OF AN IDENTIFIED ENTITY REPRESENTING THE DEVIL ONLY IN ORDER TO DRIVE THE TV WATCHERS TO ACCEPT A UNIFIED INTERNATIONAL LEADERSHIP FOR A WAR AGAINST TERRORISM FORMER BRITISH FOREIGN SECRETARY ROBIN COOK INTER SERVICES INTELLIGENCE COOK DIED WHILE HIKING IN THE SCOTTISH HIGHLANDS

NEWS SOURCES OF VARYING QUALITY BUT ALL USEFUL IN THE SEARCH FOR IMPORTANT NEWS FORBES INFOWARS DAVIDICKE CORBETTREPORT DRUDGEREPORT WHATREALLYHAPPENED

(graph of unemployment in greece vs iceland)
line marks when iceland threw out their corrupt government and let the banks fail current numbers are 26 pct versus 5.5 pct unemployment both countries were in a similar bind. which strategy was more effective? icelands strategy will of the people, democracy also rule of law with property rights, republic or greece's strategy will of the 'experts' without having to consult the public, laws do not have to apply to certain people (in this case, systemic, proven fraud) or follow property rights (citizens can have their property stolen with the only purpose to give it to others, in this case the banks) ie, totalitarianism or putocracy similar to historical communist or fascist regimes?

NEWSFLASH
but unfortunately i do not have enough information to pass judgment. supposedly, according to presstv, anonymous hacked and released the identities of 30,000 mossad agents
http://www.presstv.ir/detail/295739.html

now i am not posting this to my site yet because i do not trust this story on face. typically when these things are done to intelligence agencies it is done by the agencies themselves. coupled with anonymous being quesitonable itself. so perhaps it was a purge of undesirable agents or a false-flag to blame the internet or a false-flag to further enrage their other agents into hating the enemy... who apparently is any non-government power. or maybe this is all bs. anyway i do not trust the story so i am not running with it, but interesting nonetheless so i am posting it here.

news you may have missed - who knew? the underwear bomber was working for the cia and mossad. so says the associated press. and then the la times report the story as a "sting operation". interesting how nobody in america were told of that fact. but i am sure you television audience were lied to for good reason. they made you think he was working for some mythical terrorist organization because it helped drum up the fear. and like all the other media lies, you all probably wont do anything about the fact that you were lied to.

but they go further, not only was it a sting operation, but he really was working for "al qaeda" but then "al qaeda" was directed by intelligence agencies. oh wait... was that a mistake for them to say that? ok they were somehow "tricked" by the intelligence agencies. ok the intelligence agencies did control what they did but this was the only time, honest!
http://latimesblogs.latimes.com/world_now/2012/05/underwear-bomb-plot.html

a chronicle of the underwear bomber
1. it happens the media go over it day after day after day
2. cia and mossad officials tell them that this is clearly the work of alqaeda and we really need to increase our security
3. people in charge at those agencies profit from the new scanners
4. invasive procedures implemented
5. independent media starts to question the story
6. independent media conclusively proves that government agents were involved
7. independent people are constantly derided as conspiracy theorists on the issue
8. eventually the evidence is so overwhelming and the invasive tsa is so entrenched that they are finally allowed to admit the truth
9. nobody notices and the television audience calls the independent media audience conspiracy theories as much as ever (perhaps more)
10. repeat with next terrorist-related news story

bump.

ok since politicalhotwire deleted my website reference from my posting and i am currently without an alternative (but looking, hopefully in another week or two i will have a good one) i will post a couple headlines here for now. and debate a little bit on this site.

^I think it's funny that you call what you do here debating...

A debate has more than one person talking, so I have to agree with KA.

Perhaps his intent is to spark a debate. I feel it never hurts to open the dialogue.

in the john-kerry-demanding-the-free-syrian-army-to-be-considered-the-government-of-syria-and-have-a-seat-in-the-un news the free syrian army (more "al qaeda" than pretty much any other groups we call al qaeda) just issued a fatwa making it acceptable for them to rape syrian women. this comes after their recent chemical attack (which james corbett says was chlorine and says that is not really a chemical weapon, but it seems pretty close to me).

sidenote: so... since according to the law if you give money to a state that sponsors terrorism, obama has the right to kill you... so does that mean he have the right to kill all american taxpayers?

seriously though, at what point of insanity will they decide to stop shipping arms and cash and bribing the media to support these terrorists?