http://investmentwatchblog.com/breaking-russian-treasury-unable-to-meet-its-financial-obligations-all-government-agencies-see-asset-freeze-in-cyprus-prime-minister-medvedev/

Christine Legarde/IMF are tickling the tail of a verrrrrrrry large tiger... complete with fangs and claws.

"-From latest reports, the Cypriot banks might open on March 26th at the earliest. That’s two weeks after being shut down. That’s two weeks of unmet financial obligations, ie government employee salaries, public works financing, unpaid pensions etc etc…Expect unrest on the streets of Moscow."

-The EU/Germany are certainly aware that 95% of all Russian moneyicon1.png goes through the Cypriot banks. Certainly they were well aware of the consequences this would lead to. Is this the first salvo in the new world war??

E-mail me when people leave their comments –

You need to be a member of Earthchangers College to add comments!

Join Earthchangers College

Blog Topics by Tags

Monthly Archives