Comments on: Counterparties: Cyprus births controls http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: hansrudolf http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46452 Thu, 28 Mar 2013 17:37:42 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46452 in Italy from this year on banks will report to fiscal authorities every year for every client all bank account and title deposit movements and also the number and date of accessess to safety-deposit boxes. I’d say everything is in place for the next step.

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By: realist50 http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46448 Thu, 28 Mar 2013 16:11:00 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46448 So I wonder if Felix’s opinion of Robert Reich will drop because Reich uses the “comparing an asset stock versus an income flow” fallacy in his piece about foundations – “The assets of the Gates Foundation and a separate Gates Trust, which holds wealth donated by the Gates family and Buffett, together total more than $65 Billion. If the combined entities were a nation, it would be 65th on the world GDP list.”

That, of course, is not true because the assets of foundations would not produce $65 billion of goods and services each year. IIRC, the false comparison of assets to annual GDP is one of Felix’s pet peeves.

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By: Chris08 http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46444 Thu, 28 Mar 2013 10:32:29 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46444 @dandraka. Sure it’s working so well now, why do anything different? Pretty soon all will be well, right? Krugman, dumb Nobel Laureate, advocates an immediate exit from the Euro to save time and reduce misery. I guess Germans love to see the rest of Europe wallowing in the misery they are causing. You too?

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By: dandraka http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46443 Thu, 28 Mar 2013 08:25:01 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46443 @Chris08 For better or worse, that’s not how it works. Read up in Target2 et. al.

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By: Chris08 http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46441 Thu, 28 Mar 2013 06:29:17 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46441 Cyprus needs to start printing millions of Cyprus Euros and declare them equal in all respects. Then tell depositors they can move as many abroad as they wish. Who is to say they are not as good as Euros printed in Germany? With those Euros in hand Cyprus can go on its merry way and stop being the victim.

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By: MyLord http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46440 Wed, 27 Mar 2013 23:46:27 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46440 The New Economy:
Dear Sir:
We have 43 million in Cyprus bank accounts and need your help to help us get it out of the country. You will be richly rewarded for your assistance. Please provide your contact info so we may begin.

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By: jomiku http://blogs.reuters.com/felix-salmon/2013/03/27/counterparties-cyprus-births-controls/comment-page-1/#comment-46439 Wed, 27 Mar 2013 22:57:21 +0000 http://blogs.reuters.com/felix-salmon/?p=21067#comment-46439 They should have gone with Russia. They’re going to be crushed.

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