Britannia Radio

Cyprus banks shut until Tuesday amid scramble for Plan B

http://www.bbc.co.uk/news/world-europe-21855163



There comes a point when bank runs are rational

It is irrational to start a bank run, Mervyn King once observed, but rational to join one. It remains to be seen whether the EU has irrationally started one with its expropriations in Cyprus; but there is no question that it is rational for anyone with a bank account in the Mediterranean eurozone states to join in.

Until now, the EU has sought to reassure depositors by guaranteeing – absolutely guaranteeing – that savings up to €100,000 are secure, a pledge solemnly repeated by the Cyprus government. Any Cypriots who believed that assurance now know better. The EU got around its promise through a disgusting ruse. The banks are not technically bust, and so the deposit insurance doesn't apply; and the seizure is theoretically a wealth tax rather than a loss.

What would you do now if you had savings in a Greek, Spanish or Portuguese bank? Or an Italian bank? Or even a French bank? It's not as though you're getting any interest anyway. And now it turns out that, despite all the promises, your savings are vulnerable to arbitrary confiscation.
http://blogs.telegraph.co.uk/news/danielhannan/100207625/the-extraordinary-thing-is-that-there-hasnt-yet-been-a-bank-run-across-the-mediterranean/


What, though, if Russia refuses to bail the country out and Nicosia can find no other partners willing to help? Then the Cyprus situation would turn into a game of chicken: Who is more afraid of a Cypriot insolvency? Cyprus itself or the rest of the common currency area? Brussels, after all, is concerned that if Cyprus is allowed to fall, it could lead to a resumption of capital flight from other struggling euro-zone countries and rapidly spiralling sovereign bond rates for Italy and Spain.

One thing, though, is clear. If the euro zone blinks in its game of chicken with mini-member Cyprus, it will be forfeiting many future duels as well.
http://www.spiegel.de/international/europe/cyprus-no-to-bailout-deal-is-a-danger-to-the-euro-zone-a-889893.htmlYou need to read HG Wells - 

THE OPEN CONSPIRACY and THE SHAPE OF THINGS TO COME

You need to read HG Wells - THE OPEN CONSPIRACY and THE SHAPE OF THINGS TO COME

 

The latter describes how they plan to trigger WWIII from an event in BASRAH, Iraq.

 

 

I think 9 eleven triggered WWIII.

 

P

 

Thanks B, That's very interesting to know. I never knew this, but then again i've never really looked up about Mr O.

 

                  I wouldn't care, but Radio 4 recently ran a series about him, i only got to listen to the second part of 1984. But the previous were documentaries i think. I know i did hear one clip where the impression  i gathered was that he tended to be left wing, but became very disillusioned & didn't support any diktat rule. I wondered how it was known to be of a "left wing" nature. I mean if he was of the left he could have written  it against the right  or maybe it wasn't of any particular position of politics at all, but a totally new kind of politics, of neither right,centre,left & yet something at the same time, incorporating all.(but of course extremist in oppression & rule) So what you say here Brin answers  questions i would ask.

 

           Yes, it does seem as if he "saw" some  reality & of course it accounted for his disillusionment &  i'd  imagine, depression. Overall, he had a good heart & soul & possessed a good conscience in not keeping what he discovered secret. But why 1984? I wondered if something was planned for that year -but of course it's over its schedule(or postponed  a bit due to Mr Orwell's novel/revelation) I suppose much is undertaken behind the scenes that we the general public are unaware of. Or is it, as the impression's just come to my mind as i am writing this, happen it relates not so much to a date- ( though it may have been  a clue as to the thereabouts, as things did  seem to have manifested since the early 1990s,i.e.  the first Gulf war, & George Bush snr publically announcing the New World Order, etc... so plans will have been put in place long afore that even. Maybe some final treaty or document was finally signed in 1984 & as i say a lot is unknown to us about  what goes on behind the political curtain, but may be known to us a bit later on in the show) -but the idea just hitting me now is "could it have been some kind of  code? "   Of course enigmatic to us now, but truth may unfold, as the saying goes, over time & we may yet  know why these specific numbers/date was chosen by the author. I wll make a point of studying the gent and his life and 

books and see what else may come through the mists.

                    Again many Thanks B Much food for thought here. Kindest & Bless to You, from pennine:-)

 

Mess

Re: article 2

Orwell was a Fabian and knew the plans, HJ Wells was another.


 
 Another fine mess... 
 For more in depth reading best to visit the site for many links and there are pictures, i was only able to opy & paste the writing.
 Kindest & God Bless to all
 p
 http://orwellwasrig ht.wordpress. com/2013/ 03/18/syria- under-the- banner-of- democratization- shipping- weapons-to- al-nusra- terrorists- encouraging- the-establishmen t-of-sharia- law/