The huge risk to the Cyprus crisis is actually how other it will affect other PIIGS countries. Europe problem just never got fixed. It is spreading to more and more countries. It is getting worse, not better.
No need to post more alarmist messages. They have gotten their warnings. It's the muppets money. Let them lose it. They don't understand that bank insolvency is exactly how they lose their money in 07-08. Oh well.
Bank runs were what started the great depression in the 30's. When people cannot even trust putting money int he bank, it will ruin the entire lending activities. It will kill the economy worse than anything. IMF and Cyprus made a horrible mistake and the crisis is only at the bery beginning.