Comments on: The Cyprus takeaway: More phony crises to come http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/ Fri, 05 Dec 2014 14:27:05 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: johnhhaskell http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/#comment-622 Sat, 30 Mar 2013 17:08:08 +0000 http://blogs.reuters.com/ian-bremmer/?p=675#comment-622 We now know that EU economic policy is whatever five unelected people in a room at 3 on a Sunday morning say it is. Let’s at least wait for the Italians to form a government before we declare the crisis over? They just watched another small Southern European economy get annihilated over a weekend…. hopefully that won’t lead to any polarization of the political process there?

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By: DavidRoz http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/#comment-621 Thu, 28 Mar 2013 11:40:40 +0000 http://blogs.reuters.com/ian-bremmer/?p=675#comment-621 The Crysis here was and still is, not only the potential destruction of the trust in the banking system, but also the potential implications to other, and future aid recipients.

But what I find most curious is: Why didn’t you write this article last week? It felt to me as if you were waiting for the canons to quit and then picked your head out and shouted “I told you we’d win”.

Those convictions and explanations would have been briliant last week in the middle of the crisis but now they look to me to be luke-warm.

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By: Willvp http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/#comment-620 Thu, 28 Mar 2013 07:06:35 +0000 http://blogs.reuters.com/ian-bremmer/?p=675#comment-620 People all over Europe are sick and tired of the EU currency (not the trade part) and it are only the political parties and thus governments that are pro EU, mainly to preserve their jobs and their friends jobs. FACT

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By: usagadfly http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/#comment-619 Thu, 28 Mar 2013 05:55:01 +0000 http://blogs.reuters.com/ian-bremmer/?p=675#comment-619 The crisis was, and is, one of confidence in government “guarantees” and in banks, not in the Eurozone.

The actions taken by the government in Cyprus demonstrated that banks, with or without government deposit guarantees, are not to be trusted implicitly. Modern society and the modern economy depends on banking. Between “sanctions” applied through banks by governments, and tax chasing data collection, anyone with a brain must doubt the rectitude of banks. Banking is a service, but is it a service to depositors or to governments? In either case, is it worth the risk?

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By: deemiddy http://blogs.reuters.com/ian-bremmer/2013/03/27/the-cyprus-takeaway-more-phony-crises-to-come/#comment-618 Wed, 27 Mar 2013 21:32:57 +0000 http://blogs.reuters.com/ian-bremmer/?p=675#comment-618 The crisis is “over”? Euro might collapse is “100% optics”? What planet are you on? Dysfunctional government in Italy, crumbling government in Greece, enormously undercapitalized banks, negative GDP in majority of the Eurozone, collapsing confidence, declining sales, production in most countries in the EU is plummeting, deficits getting worse in every country. If you think those a$$ clowns in charge of the eurozone are so skillfull that they can make the market go down when they feel like it then all of the above problems should be solved. And what do you define as a crisis, the SP going down 1/2 of 1% for an hour? No, the optics are that everything is fine. The reality is that it is crumbling. So every time you hear someone say everything is fine we avoided another “crisis” just remember that no problem is ever solved only delayed and compounded to create a binary outcome where a hot dog vender in Austria defaulting will cause the entire eurozone to collapse.

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