4

The Great Cyprus Bank Robbery, by Ron Paul

http://lewrockwell.com

APRIL 2013 - The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer's Greek debt restructuring resulted in losses equivalent to more than 25 percent of Cyprus' GDP. These banks then took their bad investments to the government, demanding a bailout from an already beleaguered Cypriot treasury. The government of Cyprus then turned to the European Union (EU) for a bailout.

Read »
porc578's picture
Created by porc578 1 year 2 weeks ago – Made popular 1 year 1 week ago
Category:   Tags:

Air Times & Contact

LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern

Call toll-free:
1-855-450-FREE

You can also Skype us.

Join our Email List

Stay up to date with the latest about Free Talk Live, and receive our Weekly Digest email - the most popular stories for the week from our front page and also the week's audio highlights!

See our past emails.


Free Talk Live 2.5

Welcome Free Talk Live 2.5! Now, with Reddit!
 
You'll need a Reddit account before you can vote on and submit show prep. (That is different from your FTL/AMP account.)

The content here is the same as you will see on the FTL Subreddit. Please submit bug reports on the appropriate BBS subforum.

Enjoy the new site and thanks for submitting your content!

Google+

New forum topics

Recent Posts Recent Posts

Who's online

There are currently 1 user and 0 guests online.

Online users

  • npandey339
Honey