…of course…

Pride's Purge

(not satire)

It’s hard to overestimate the idiotic incompetence of EU finance ministers as illustrated by their handling of the Cypriot banking crisis.

The decision to stop people withdrawing their own money and forcefully taking ordinary people’s savings without warning – in order to bail out banks who continue to pay their useless executives millions in bonuses – is unprecedented.

Do the politicians and EU bureaucrats who made this decision realise what they’ve done?

For the first time in my life – and I’m over 350 years old remember – I see ordinary people are seriously wondering if banks are really the safest places to keep their money in.

The trust that banks have historically depended on – in order for people to go along with the ridiculous system on which all the world’s financial system rests – is in danger of being seriously shaken.

Of course, nobody seriously…

View original post 359 more words

One thought on “

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s