Cypriots Stood up for Savers. Cypriot leadership, terrified of KGB guns decided it was better to pizz-off Washingtons IMF diabolical plan to screw savers than to face the assassins in the KGB. Free men always carry guns.
In case you didn't know-the Russian KGB uses cyprus like the USA used to use Switzerland. The IMF was trying to steal from the KGB. Putin won.
The IMF, in order to save face,now must print up billions more of thier easily found confetti. This should be real good for GOLD.
You are correct! Most on this board and in the US have no clue!