Re: Re: Cyprus Bail Out

#116462
katy
Blocked

Everyone who has over 100,000 in an account will not be just a saver. Some businesses hold more than that at certain times. I know a seasonal one that can have a couple of million in credit and be overdrawn at other times. Surely all this closing and freezing accounts will wreck the economy, many businesses may close down. Then there are those Brits who moved money over for a house purchase and now can’t complete…some could have just cashed in a pension 😯 La Garde said it’s a good final outcome, no it’s not, just the beginning of the crash.